Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
* All-cash public offer SEK 77 per share * Nilörn's largest shareholder (58% of votes) has accepted * 53% upside to current share price The Board unanimously recommends the offer Nilörn has received a recommended all-cash public offer from Trimco Group...
* Soft sales mostly on FX and order timing * We cut '26e-'27e adj. EBIT by 6-4% * Trading at ~7x EV/EBIT on our NTM estimates Bad timing and tough FX Nilörn's Q1 was soft on the surface, but material FX headwinds (-9%) and a SEK 16m order slipping from...
* Sales -8% and adj. EBIT -16% vs. ABGSCe * Order intake SEK 218m, below expectations * Likely minor negative consensus estimate revisions A mechanical miss beneath decent underlying trends Q1 was softer than expected on both sales and adj. EBIT. Nil...
