contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


instalco-initiates-cost-saving-measures-and-announces-one-off-costs

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Instalco operates in the installation industry and focuses on electricity, HVAC, automation and security technology. The company offers services within installation, maintenance and project management for buildings and infrastructure. The operations are primarily concentrated in the Nordic markets. Instalco was founded in 2013 and is headquartered in Stockholm, Sweden.

Instalco

In 2024, Instalco has undertaken extensive cost-saving measures to address a more challenging market environment. These actions include reorganizations, reduced overhead costs, layoff notices...

<div class="mfn-body"><p>In 2024, Instalco has undertaken extensive cost-saving measures to address a more challenging market environment. These actions include reorganizations, reduced overhead costs, layoff notices, and terminations.</p><p>Throughout the year, Instalco has also conducted a thorough review and is now initiating additional measures to strengthen margins while enhancing the company’s long-term profitability and competitiveness. During the fourth quarter, Instalco has issued additional layoff notices for approximately 110 employees, terminated contracts for around 100 individuals among its contracted staff, made certain project write-downs, and initiated mergers and closures of eight underperforming subsidiaries.</p><p>“We have taken measures during the year to ensure Instalco’s continued profitability and competitiveness in a challenging market environment. However, I am not satisfied with our development in 2024, and we are now taking steps to prepare the company for profitable growth,” says Robin Boheman, CEO of Instalco.</p><p>The subsidiaries set for closure generated a combined accumulated revenue of approximately 250 MSEK and an EBITA of around -30 MSEK between January and November 2024.</p><p>In total, the above-mentioned measures will result in one-off costs of approximately 65 MSEK, which will impact EBITA in the fourth quarter. Additionally, goodwill and other related intangible assets will be written down by approximately 25 MSEK.</p><p>Instalco has been a supplier to Northvolt, which recently filed for Chapter 11 in the United States. Following the aforementioned review, Instalco’s remaining exposure to Northvolt amounts to approximately 60 MSEK. Whether this will impact Instalco’s earnings remains too early to determine.</p><p><strong>For further information:</strong><strong><br></strong>Robin Boheman, CEO<br>Mathilda Eriksson, Head of IR, mathilda.eriksson@instalco.se +46 (0)70-972 34 29</p></div><div class="mfn-footer mfn-about mfn-5df2ccaaf299"><p><em>Instalco is one of the leading installation companies in the Nordic region for electrical, heating &amp; plumbing, ventilation, industrial solutions and technical consulting. We offer system design, installation and service &amp; maintenance of buildings and facilities in Sweden, Norway and Finland. The business is run through our 150+ subsidiaries, with support from a small, central organisation. Instalco is listed on Nasdaq Stockholm under the ticker INSTAL. For more information, visit&nbsp;</em><em><a rel="noopener" href="http://www.instalco.se.">www.instalco.se</a></em><em>.</em></p></div><div class="mfn-footer mfn-regulatory mfn-regulatory-mar"><p><em>This information is information that Instalco is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-12-16 20:16 CET.</em></p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Attachments</strong><br><a rel="noopener" href="https://storage.mfn.se/82b7096e-7bdd-4778-a15a-aa2cff840626/instalco-initiates-cost-saving-measures-and-announces-one-off-costs.pdf" class="mfn-generated mfn-primary">Instalco initiates cost-saving measures and announces one-off costs</a></p></div>