Category

Earnings Alerts

abrdn PLC (ABDN) Earnings Report: Cost Savings on Track Amid GBP506.7 Billion Assets Under Management

By | Earnings Alerts
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  • Abrdn’s assets under management and administration have reached GBP 506.7 billion.
  • The company aims to keep FY 2024 adjusted operating expenses below Β£1,075 million.
  • Abrdn’s transformation program focuses on cost savings while investing in people, technology, AI, and process improvements.
  • Expected cost savings for FY 2024 are approximately Β£60 million.
  • The company plans to achieve at least Β£150 million in annualized savings by the end of FY 2025.
  • Current market analyst ratings for Abrdn include 2 buys, 5 holds, and 9 sells.

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A look at abrdn PLC Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience4
Momentum5
OVERALL SMART SCORE4.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Investment analysts at Smartkarma have indicated that abrdn PLC, a prominent investment company, has received strong Smart Scores across multiple key factors. With top scores in Value, Dividend, and Momentum, abrdn PLC is positioned well in terms of the company’s financial health, ability to generate returns for investors, and market performance. Additionally, the company has scored well in Resilience, reflecting its capacity to weather market uncertainties. While Growth is rated slightly lower, abrdn PLC still demonstrates solid potential for future expansion.

Abrdn PLC, operating as an investment company, offers a diverse range of investment solutions across global markets, including equities, fixed income, real estate, and alternative assets. The company’s strong Smart Scores in Value, Dividend, and Momentum highlight its competitive strength in the market. With a global reach, abrdn PLC is well-positioned to deliver value and returns to its investors over the long term, supported by its resilient performance and growth prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Barclays PLC (BARC) Earnings: 3Q Results Surpass Estimates with Strong Investment Bank Performance

By | Earnings Alerts
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  • Barclays’ Investment Bank revenue in the third quarter was GBP2.85 billion, aligning perfectly with estimates.
  • FICC revenue exceeded expectations at GBP1.18 billion, against the estimate of GBP1.13 billion.
  • Equities revenue was GBP692 million, slightly above the expected GBP688 million.
  • Investment banking fees reached GBP594 million, surpassing the estimate of GBP552.3 million.
  • Transaction banking income was GBP406 million, over the estimate of GBP388.5 million.
  • Total income came in at GBP6.55 billion, above the projected GBP6.43 billion.
  • UK Personal Banking revenue was GBP1.18 billion, exceeding the forecasted GBP1.15 billion.
  • UK Barclaycard Consumer revenue achieved GBP249 million, higher than the estimate of GBP242.3 million.
  • UK Business Banking revenue was GBP513 million, compared to the estimate of GBP485.4 million.
  • Barclays UK revenue reached GBP1.95 billion, slightly above the estimate of GBP1.9 billion.
  • UK Corporate Bank revenue was slightly under estimate at GBP445 million, against an expected GBP447.4 million.
  • Private Bank and Wealth Management revenue stood at GBP326 million, just below the estimate of GBP327.4 million.
  • US Consumer Bank revenue was GBP791 million, lower than the projected GBP831.5 million.
  • Net interest income greatly surpassed expectations, reaching GBP3.31 billion versus the estimate of GBP3.11 billion.
  • Pretax profit saw a notable increase to GBP2.23 billion, beating the estimate of GBP1.96 billion.
  • Attributable profit significantly outperformed, coming in at GBP1.56 billion compared to GBP1.22 billion forecasted.
  • Return on tangible equity was strong at +12.3%, versus an expected +9.64%.
  • The Cost to Income Ratio was 61%, lower than the estimated 62.6%.
  • Total deposits amounted to GBP542.8 billion, under the estimate of GBP558.21 billion.
  • Total operating expenses were GBP3.96 billion, slightly below the estimate of GBP4 billion.

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A look at Barclays PLC Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE4.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Barclays PLC, a global financial services provider offering a range of services including retail banking, credit cards, and investment management, has received positive scores across the board based on Smartkarma’s Smart Scores system. With a top score of 5 in Value, Barclays is seen as a strong performer in terms of its valuation metrics, indicating potential for long-term growth. Additionally, its high scores in Growth and Resilience highlight the company’s ability to expand and withstand economic challenges, adding to its attractiveness for investors.

Furthermore, Barclays’ above-average score in Dividend suggests that the company offers a competitive dividend yield, appealing to income-oriented investors. Although the Momentum score is slightly lower at 4, indicating moderate short-term price movement, the overall outlook for Barclays PLC appears promising for investors seeking a reliable and potentially rewarding long-term investment option in the financial sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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LSEG Earnings: London Stock Exchange Surpasses Q3 Estimates in Capital Markets and Post Trade Revenue

By | Earnings Alerts
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  • The LSE Group’s total income for Q3 is reported at GBP2.12 billion, meeting the estimate of GBP2.11 billion.
  • Gross profit is slightly above expectations, reaching GBP1.92 billion compared to the estimate of GBP1.91 billion.
  • The Data & Analytics revenue falls short at GBP992 million against an estimate of GBP1.35 billion.
  • Workflows revenue comes in at GBP472 million, slightly below the forecast of GBP479.1 million.
  • Data and Feeds revenue records GBP465 million, just under the estimate of GBP471.9 million.
  • Analytics revenue reaches GBP55 million, missing the estimate of GBP56.6 million.
  • FTSE Russell revenue is GBP227 million, falling short of the GBP235.1 million estimate.
  • Risk Intelligence revenue achieves GBP131 million, slightly below the projected GBP134.9 million.
  • Capital Markets revenue outperforms expectations at GBP468 million, surpassing the estimate of GBP451.4 million.
  • Equities revenue slightly exceeds estimates, recording GBP60 million against an estimate of GBP59 million.
  • FX revenue totals GBP67 million, outperforming the projected GBP63.7 million.
  • Fixed Income, Derivatives & Other revenue marks GBP341 million, above the estimate of GBP325.5 million.
  • Post Trade revenue is reported at GBP297 million, higher than the estimate of GBP287.9 million.
  • OTC Derivatives revenue is GBP148 million, exceeding the estimate of GBP141 million.
  • Securities & Reporting revenue aligns with expectations at GBP55 million, closely matching the estimate of GBP55.2 million.
  • Non-Cash Collateral revenue stands at GBP28 million, aligning with the estimated amount.
  • Net Treasury income surpasses projections, reaching GBP66 million compared to an estimate of GBP63.6 million.
  • Other revenue falls short, reported at GBP2 million against the estimate of GBP4.16 million.
  • The general market sentiment includes 14 buy ratings, 7 hold ratings, and 1 sell rating.

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A look at London Stock Exchange Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysing the Smartkarma Smart Scores for London Stock Exchange, the company showcases a promising long-term outlook. With a solid Resilience score of 5, the London Stock Exchange is well-equipped to weather market fluctuations and challenges, indicating a strong foundation for sustained growth. Additionally, the Momentum score of 4 suggests that the company is experiencing positive momentum in its operations, potentially driving further expansion in the future.

While the Dividend score of 2 may indicate room for improvement in terms of distributing profits to shareholders, the Value and Growth scores of 3 each show a moderate outlook for the company’s valuation and future expansion prospects. Overall, London Stock Exchange Group plc, as the UK’s primary stock exchange, continues to offer a robust platform for capital raising and securities trading, positioning it favorably in the dynamic financial landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Dunelm (DNLM) Earnings: 1Q Revenue of GBP403.2 Million Meets Estimates with 3.5% Growth

By | Earnings Alerts
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  • Dunelm‘s revenue for the first quarter reached GBP 403.2 million.
  • The revenue figure met analyst expectations, which were estimated at GBP 400 million based on two estimates.
  • Revenue growth was up by 3.5% compared to previous periods.
  • Analysts have a mixed view on Dunelm‘s stock with 6 buy recommendations and 6 hold recommendations.
  • No analysts have recommended selling Dunelm‘s stock.

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A look at Dunelm Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Investors looking at Dunelm Group Plc.’s long-term prospects may find encouragement in the Smartkarma Smart Scores. With a strong score of 5 for Dividend and Momentum, Dunelm shows promise in providing attractive dividends and maintaining positive market momentum. The company’s focus on home furnishings in the UK market positions it well to benefit from consumer spending on household items.

While Dunelm‘s Value and Resilience scores are not as high, scoring a 2 each, the company’s Growth score of 3 suggests potential for expansion and development. Overall, Dunelm‘s strong performance in dividends and momentum, coupled with its steady growth outlook, could appeal to investors seeking stability and growth in the home furnishings retail sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Inchcape PLC (INCH) Earnings: 3Q Revenue Hits GBP 2.2B Despite FX Headwinds, FY 2024 Outlook Reiterated

By | Earnings Alerts
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  • Inchcape reported third-quarter revenue of GBP 2.2 billion.
  • Sales increased by 2% when evaluated at constant exchange rates.
  • The company has reiterated its fiscal year 2024 outlook, expecting moderated growth.
  • Growth projections consider the company’s ongoing cost management efforts.
  • Reported results for the second half of 2024 are anticipated to be affected by foreign exchange challenges, notably the devaluation of the Ethiopian Birr.
  • Inchcape emphasizes its global market leadership and technology capabilities as key strengths.
  • The company’s strong balance sheet supports its well-positioned distribution platform.
  • There are 9 buy recommendations for Inchcape shares, with no holds or sells reported.

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A look at Inchcape PLC Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Inchcape PLC, a global automotive distributor and retailer, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a solid Dividend score of 4, the company seems to offer attractive returns to investors seeking income. Additionally, a Momentum score of 4 suggests strong market performance and potential future growth. However, the Resilience score of 2 indicates some vulnerability to economic challenges, despite an overall positive outlook.

The company’s focus on distributing vehicles and parts in various markets, particularly in Asia Pacific and emerging markets, highlights its strategic positioning in key growth regions. While the Value and Growth scores at 3 each show moderate performance in these areas, the overall outlook for Inchcape PLC appears promising, especially for investors looking for steady dividends and potential market momentum.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Bankinter SA (BKT) Earnings in Q3: Net Income Aligns with Estimates at €258M

By | Earnings Alerts
  • Bankinter’s third-quarter net income was €258 million, slightly above the estimate of €255.8 million, but down 3.4% from the previous year.
  • The bank’s income before tax stood at €367 million, nearly in line with the estimate of €367.2 million, showing a 2.9% decrease year-over-year.
  • Operating gross profit increased by 1.9% from last year to €741 million, though it fell short of the estimate of €743.4 million.
  • Net interest income slightly declined by 0.4% year-over-year to €568 million, missing the estimated €573.1 million.
  • Net fee and commission income surged by 15% year-over-year, reaching €179 million, surpassing the estimate of €172.8 million.
  • Bankinter reported a CET1 ratio (fully-loaded) of 12.6%, which was marginally above the estimate of 12.5%.
  • The bad loans ratio was recorded at 2.2%, beating the estimate of 2.34%.
  • Operating expenses rose by 6.5% year-over-year to €263 million, slightly below the estimate of €265.5 million.
  • Analysts’ recommendations include 10 buys, 9 holds, and 6 sells.

A look at Bankinter SA Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Bankinter SA, a leading financial institution in Spain, appears to have a promising long-term outlook based on the Smartkarma Smart Scores. With a top score in the Dividend category, the company shows strength in rewarding its investors with regular dividend payments. Additionally, Bankinter SA scores well in the Value and Growth factors, indicating a solid foundation and potential for future expansion. However, there are areas of concern, as reflected in the lower scores for Resilience and Momentum.

Despite some challenges, Bankinter SA‘s focus on providing a range of banking and financial services throughout Spain positions it well for continued growth. Investors may find the company attractive for its strong dividend policy and growth prospects in the competitive financial sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Unilever PLC (ULVR) Earnings: 3Q Underlying Sales Surpass Estimates with Notable Growth in Ice Cream and Beauty Segments

By | Earnings Alerts
  • Unilever’s underlying sales growth for the third quarter was 4.5%, exceeding the estimated 4.25%.
  • Beauty & Wellbeing segment performed exceptionally well with underlying sales rising 6.7%, surpassing the 5.87% forecast.
  • Personal Care sales were slightly below expectations, growing at 4.4% against the 4.75% estimate.
  • Home Care and Nutrition segments underperformed in comparison to estimates, with sales increasing by 1.9% and 1.5% respectively.
  • Ice Cream sales surged by 9.8%, significantly above the predicted 4.3% growth.
  • Overall volume growth was strong at 3.6%, better than the anticipated 3.1% growth.
  • Revenue totaled €15.25 billion, slightly under the estimated €15.39 billion.
  • Beauty & Wellbeing revenue exceeded expectations, reaching €3.28 billion.
  • Unilever maintains its full-year sales growth forecast at 3% to 5%, primarily driven by volume.
  • Underlying operating margin is expected to be at least 18% for the full year, with increased investment in brands.
  • Power Brands like Dove, Liquid I.V., Comfort, and Magnum significantly contributed to sales growth.
  • The company is experiencing positive impacts from focusing on fewer, larger innovations supported by brand investment.
  • Analyst recommendations include 14 buys, 9 holds, and 4 sells.

A look at Unilever PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Unilever PLC, a prominent manufacturer of branded consumer goods like food, detergents, and personal care items, has been assessed with Smart Scores across multiple factors. As indicated by the Smart Scores, Unilever PLC shows a promising long-term outlook. Its strengths lie in growth and momentum, scoring high marks in these areas. With a growth score of 4, the company displays potential for future expansion and development. Additionally, a momentum score of 4 suggests a strong positive trend in the company’s stock movements. While values and resilience scores are average, the dividend score sits at 3, indicating a moderate outlook for dividend payments to investors.

Overall, Unilever PLC appears to have a positive trajectory ahead, especially in terms of growth and momentum. As a dually-listed company with UNA NA, the company’s focus on manufacturing quality consumer products positions it well for continued success in the market. Investors may find Unilever PLC an attractive option for long-term investment, considering its favorable Smart Scores that point towards a bright future within the consumer goods industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Renishaw PLC (RSW) Earnings Update: 1Q Adjusted Pretax Profit Hits GBP34.0 Million with GBP173.9 Million Revenue

By | Earnings Alerts
  • Renishaw’s first quarter adjusted pretax profit stands at Β£34.0 million.
  • The company’s pretax profit for the quarter is also Β£34.0 million.
  • Renishaw reported revenue of Β£173.9 million for the first quarter.
  • Market analysts have a mixed outlook on Renishaw, with three recommending a “buy,” two recommending a “hold,” and two suggesting a “sell.”

Renishaw PLC on Smartkarma

Renishaw PLC has recently garnered analyst coverage on Smartkarma from the provider Business Breakdowns. In their report titled “Renishaw: The Precision Pioneers – Business Breakdowns, EP.181,” the analyst provides insights into Renishaw’s position as a leading supplier of precision tools for industries such as semiconductors and robotics. The report delves into Renishaw’s business model, revenue streams, and the critical role their products play in ensuring precision and efficiency in manufacturing processes. The sentiment of the analysis leans bullish, highlighting the potential growth prospects of Renishaw in the precision tools sector.


A look at Renishaw PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Renishaw PLC, a company specializing in high technology precision measuring and calibration equipment, is poised for a positive long-term outlook based on the Smartkarma Smart Scores. With a strong score in Resilience indicating stability and adaptability, Renishaw is well-positioned to weather market fluctuations. Additionally, scoring well in both Growth and Momentum, the company shows promising signs of expanding its market presence and maintaining investor interest.

Although Renishaw scores lower in Value and Dividend factors, indicating potential areas for improvement in terms of valuation and dividend payouts, its overall outlook remains positive. As a leading provider of advanced metrology and inspection equipment on an international scale, Renishaw’s innovative products cater to a diverse range of industries, enhancing its growth potential in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Trelleborg AB (TRELB) Earnings: 3Q Adj. Ebita Misses Estimates; 4Q Demand Faces Downturn

By | Earnings Alerts
  • Adjusted EBITA for Trelleborg in the third quarter stood at SEK 1.46 billion, falling short of the estimated SEK 1.49 billion.
  • Net sales amounted to SEK 8.44 billion, slightly below the expected SEK 8.53 billion.
  • Organic revenue growth was 1%, compared to an estimate of 1.87%.
  • Reported EBITA totaled SEK 1.39 billion.
  • The company anticipates slightly lower demand in the fourth quarter, adjusted for seasonal variations.
  • Geopolitical issues are increasing uncertainty in the market.
  • External factors continue to contribute significantly to market unpredictability moving forward.
  • Despite uncertainties, the company remains confident in its capability to manage market fluctuations.
  • Overall, net sales were comparable to the previous year.
  • The macroeconomic environment weakened towards the end of the quarter, particularly affecting industrial segments such as construction and agricultural machinery.
  • There are currently 2 buy recommendations, 9 hold recommendations, and no sell recommendations for Trelleborg.

A look at Trelleborg AB Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using Smartkarma Smart Scores have given Trelleborg AB an overall positive outlook based on various factors. With consistent scores across Value, Dividend, Growth, and Momentum at 3, and a slightly higher score of 4 for Resilience, Trelleborg AB seems to be positioned well for the long term.

Trelleborg AB is primarily engaged in manufacturing and distributing industrial products globally. The company specializes in producing noise suppression, anti-vibration systems for automobiles, complete wheel systems for forestry and agricultural machinery, industrial fluid systems, and polymer and bitumen-based building products. This diversified product offering indicates stability and potential for growth in the future, aligning with the balanced scores provided by Smartkarma Smart Scores.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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Lindab International AB (LIAB) Earnings: Q3 Operating Profit Falls Short of Estimates Amid Weak European Economy

By | Earnings Alerts
  • Lindab’s 3rd quarter (3Q) operating profit was SEK 274 million, falling short of the estimated SEK 355.6 million.
  • Net income for the company stood at SEK 158 million.
  • The net sales achieved were SEK 3.35 billion, slightly below the estimated SEK 3.41 billion.
  • There is a 4% decline in organic revenue for 3Q.
  • The adjusted operating profit was reported as SEK 304 million.
  • The company’s operating margin was 9.1%, not meeting the profitability target of at least 10%, according to CEO Ola Ringdahl.
  • The CEO highlights the impact of a weak European economy on market conditions.
  • Lindab plans to implement further cost savings and accelerate structural measures within Profile Systems to improve margins.
  • Analysts’ recommendations for Lindab include 4 buy ratings and 1 hold, with no sell ratings indicated.

A look at Lindab International Ab Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analyzing Lindab International AB’s Smartkarma Smart Scores, the company seems to have a balanced long-term outlook across various factors. With a moderate score of 3 in Value, Dividend, Growth, and Resilience, Lindab International AB positions itself as a stable player in the market. This indicates that the company is neither undervalued nor overvalued, offers a decent dividend, shows steady growth potential, and demonstrates resilience in challenging market conditions.

However, what stands out for Lindab International AB is its strong Momentum score of 5, suggesting that the company is currently experiencing a significant positive trend in its performance. This momentum could potentially drive the company’s future success and set it apart from its peers. Overall, based on the Smartkarma Smart Scores, Lindab International AB presents a promising outlook for long-term growth and performance within the ventilation and construction industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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