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
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Nilörngruppen är verksamt inom modebranschen och fokuserar på design, tillverkning och distribution av kläder, förpackningar och accessoarer. Utöver kärnverksamheten arbetar bolaget med grafisk design och varumärkesprofilering. Verksamheten är global med en huvudsaklig närvaro i Europa, Nordamerika och Asien. Nilörngruppen grundades 1977 och har sitt huvudkontor i Borås.

Nilörngruppen

* Sales +13% and adj. EBIT +39% vs. ABGSCe* Order intake SEK 224m, in line with ABGSCe* Likely positive consensus estimate revisionsQ3'25 impressionsNilörn delivered sales of SEK 230m (13% vs...

* Sales +13% and adj. EBIT +39% vs. ABGSCe* Order intake SEK 224m, in line with ABGSCe* Likely positive consensus estimate revisionsQ3'25 impressionsNilörn delivered sales of SEK 230m (13% vs ABGSCe 203m), corresponding to y-o-y organic growth ex. FX of 18%. The order intake came in at SEK 224m, implying a y-o-y growth of -13%. For reference, we expected order bookings in the range of SEK 210-230m. The decline is due to a larger order of SEK 18m that was received in Q3'24 but will be received in Q4'25. Moreover, the seasonal pattern in 2025 lappers to be later, which partially drove the higher than expected volumes in Q3 vs. Q2. The gross margin slightly decreased to 47.3%, which is in line with estimates. Adj. EBIT amounted to SEK 26m (39% vs ABGSCe 19m), for a margin of 11.4% (2.1pp vs ABGSCe 9.3%), vs. 9.4% Q3'24. Nilörn's scalable business model leads to operating leverage in periods of large volumes, which partly drove the EBIT beat vs. our estimates.Thoughts and outlookLooking at the market, the luxury segment is continuing to struggle with retailers holding on to high inventory levels, and recovery is not expected until 2026. The outdoor and sports segment is however performing well, which is encouraging to see. Nilörn:CONNECT is also doing well, and the CEO comments on increasing demand due to EU requirements. Moreover, Nilörn is continuing its investments in Bangladesh and e.g. its launch of the new PLM system (Product Lifecycle Management), which will be implemented in Q4'25 and is expected to increase efficiency. Overall, this quarter is encouraging from a profitability point of view, however, the softer profitability in H1'25 could make it challenging for Nilörn to achieve its targeted EBIT margin.Mechanical impact on cons. earnings is within a h.s.d. rangeThe share is down ~18% YTD and Nilörn is trading at ~8x '25e EV/EBIT on our unrevised estimates. The mechanical impact on consensus estimates on the back of the report is within a h.s.d. range.