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
    }
  }
}


sintercast-production-ramp-up-on-track-abg

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

SinterCast är verksamt inom tillverkningsindustrin och fokuserar på utveckling och tillverkning av gjutjärnskomponenter för fordonsindustrin. Bolagets produkter riktar sig till tillverkare av motorer och transmissionssystem. SinterCast har en global närvaro och betjänar kunder inom fordons-, lastbils- och motorindustrin över hela världen. SinterCast grundades 1983 och har sitt huvudkontor i Katrineholm.

SinterCast

Continued series production ramp-up’22e-’24e adj. EBIT up 5-3% on lower opexFair value SEK 110-200, production targets reiteratedQ2 adj. EBIT SEK 10.4m (+38% vs. ABGSCe of SEK 7.5m)SinterCast...

Continued series production ramp-up’22e-’24e adj. EBIT up 5-3% on lower opexFair value SEK 110-200, production targets reiteratedQ2 adj. EBIT SEK 10.4m (+38% vs. ABGSCe of SEK 7.5m)SinterCast reported Q2 sales of SEK 27.9m (in line with preliminary sales figure and ABGSCe), and the gross margin amounted to 75% (ABGSCe 75%), helped in part by a high share of licensing fee sales, but also by an FX boost on the topline. The opex base, while up 22% y-o-y, was kept slimmer than we expected, resulting in an adj. EBIT of SEK 10.4m (+38% vs. ABGSCe of SEK 7.5m), for a margin of 37% (ABGSCe 27%). This included an NRI of SEK -4.9m (ABGSCe SEK -4.5m) tied to the termination of a deferred purchase agreement, which the company announced in the Q1 report. 5-3% adj. EBIT upgrade for ’22e-’24e on lowered opexWe raise our adj. EBIT estimates by 5-3% for ’22e-’24e (reported EBIT +4-3%). Sales estimates are kept mostly as is, apart from a -1% sales revision for ’22e due to updated FX assumptions. The main driver of the estimate revisions, however, is lowered opex for all forecasted periods. 20x ’22e EV/EBIT (adj.), fair value range maintainedThe targets of reaching engine equivalent production of 4.0m during ’22 and 5.0m during ’24 were reiterated in the report. As a reminder, management has previously said these targets are not dependent on new system installations and are achievable through like-for-like growth in existing foundries. As such, the fact that ’22 will be a softer year for new installations should not hamper the company’s double-digit earnings growth prospects, at least for the coming years. On our estimates, the share is now trading at 20x ’22e EV/EBIT (adj.), offering 5-8% dividend yields in ’22e-’24e. Finally, with only smaller estimate revisions made, we maintain our fair value range of SEK 110-200 per share. Läs mer på ABG Sundal Collier