Bredband2: Solid Q3, prices set to rise - ABG
This is a third party research report and does not necessarily reflect our views or values
Solid Q3, particularly on EBITA margins
Price hikes to help margins in Q4e and beyond
Expect cons to do small revisions on '25e-'26e EBITA
Q3 results
Sales SEK 438m (0% vs ABGSCe 437m), EBITDA 72m (-1% vs ABGSCe 73m), EBITA 45m (-1% vs ABGSCe 45m), EBIT 39m (5% vs ABGSCe 37m), EPS 0.03 / share (12% vs ABGSCe 0.03 / share). Please note that we had not included the acquisition of Bredbandsson into our forecasts, which likely contributed with sales of ~SEK 4m. FCF (excl. leasing and M&A) was strong at SEK 76m, up 52% y-o-y.
Price hikes to help margins in Q4e and beyond
Expect cons to do small revisions on '25e-'26e EBITA
Q3 results
Sales SEK 438m (0% vs ABGSCe 437m), EBITDA 72m (-1% vs ABGSCe 73m), EBITA 45m (-1% vs ABGSCe 45m), EBIT 39m (5% vs ABGSCe 37m), EPS 0.03 / share (12% vs ABGSCe 0.03 / share). Please note that we had not included the acquisition of Bredbandsson into our forecasts, which likely contributed with sales of ~SEK 4m. FCF (excl. leasing and M&A) was strong at SEK 76m, up 52% y-o-y.