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Smartkarma Newswire

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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Stora Enso OYJ (STERV) Earnings: 3Q Sales Miss Estimates Amid Strong EBIT Growth

By | Earnings Alerts
  • Stora Enso’s third-quarter sales reached €2.26 billion, falling short of the estimated €2.3 billion.
  • The company’s financial performance improved significantly compared to the previous year, driven by higher prices and increased volumes in Packaging Materials.
  • Adjusted EBIT rose to €175 million, marking the fourth consecutive quarter of growth, up from €21 million in 2023, due to successful price hikes and cost-cutting measures.
  • Group sales increased from €2,127 million to €2,261 million year-over-year.
  • Challenges remain in the Wood Products division, affected by a weak construction sector.
  • The Packaging Solutions segment faces ongoing price lags and market overcapacity issues.
  • Analyst recommendations include 14 buys, 7 holds, and 2 sells for the company’s stock.

A look at Stora Enso OYJ Smart Scores

FactorScoreMagnitude
Value5
Dividend2
Growth3
Resilience3
Momentum2
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

Analysts evaluating Stora Enso OYJ have given the company a high Value score, indicating a positive long-term outlook for the company’s financial health and investment potential. This suggests that Stora Enso is deemed to be undervalued based on various financial metrics, making it an attractive prospect for investors looking for value opportunities in the market.

However, the company received lower scores in Dividend and Momentum, highlighting areas where improvements could potentially be made. Despite this, Stora Enso OYJ‘s strong performance in Growth and Resilience factors indicates a solid foundation for future growth and stability, making it a company to watch for potential long-term investment opportunities in the paper, packaging, and forest products 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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Skandinaviska Enskilda Banken (SEBA) Earnings: 3Q Net Interest Income Falls Short of Estimates

By | Earnings Alerts
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  • SEB’s net interest income for Q3 was SEK11.06 billion, falling short of the estimated SEK11.31 billion.
  • Despite this, net income surpassed expectations at SEK9.45 billion against an estimate of SEK8.53 billion.
  • Net fee and commission income came in slightly lower than expected at SEK6.03 billion, compared to an estimate of SEK6.13 billion.
  • Total operating income exceeded projections, reaching SEK20.91 billion against an estimated SEK19.76 billion.
  • Operating profit was higher than expected at SEK11.82 billion, compared to the estimated SEK10.59 billion.
  • Operating expenses were close to estimates at SEK7.72 billion, while credit loss provisions were slightly above expectations at SEK393 million.
  • Earnings per share were SEK4.57.
  • The common equity Tier 1 (CET1) ratio was 19.4%, slightly above the estimate of 19.2%.
  • CET1 capital was reported at SEK178.74 billion, marginally higher than the estimated SEK177.01 billion.
  • Tier 1 capital stood at SEK197.96 billion, ahead of the forecast SEK192.01 billion.
  • Total risk exposure was under the estimate at SEK923.63 billion, compared to SEK933.38 billion expected.
  • The gross stage 3 ratio was 0.41%, lower than the estimate of 0.42%.
  • SEB reiterates its full-year 2024 cost target, noting the impact of integrating AirPlus will adjust expenses up to SEK31 billion.
  • The new fiscal policy in Sweden is shifting to a more active growth approach, as per the 2025 budget proposal.
  • SEB’s operating expenses will be affected by the AirPlus acquisition, adding SEK2 billion in costs.
  • The company has 7 buy, 11 hold, and 6 sell recommendations.

“`


A look at Skandinaviska Enskilda Banken Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.8

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

Skandinaviska Enskilda Banken AB (SEB) is a North European financial banking group that has garnered positive Smartkarma Smart Scores in key areas. With strong scores in Dividend, Growth, and Momentum, SEB is poised to deliver value to its investors over the long term. The company’s focus on providing various banking services including savings accounts, investment banking, and insurance products has contributed to its favorable outlook. Although SEB may need to address areas of improvement such as Resilience, its solid performance in critical factors showcases its potential for sustained growth and profitability.

In summary, Skandinaviska Enskilda Banken is a well-established banking group with a broad geographical presence and a diverse range of financial services. The company’s high scores in Dividend, Growth, and Momentum underscore its positive prospects for the future. While there are some areas for enhancement, SEB’s overall outlook remains promising, indicating its ability to continue delivering value to its stakeholders and maintaining a competitive position in the market.


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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Evolution (EVO) Earnings: Q3 EBITDA Surpasses Estimates with Impressive 71.7% Margin

By | Earnings Alerts
  • Evolution‘s EBITDA for the third quarter was reported at €415.3 million, surpassing the estimated €353.9 million.
  • The EBITDA margin stood at 71.7%, outperforming the anticipated 68.4%.
  • Pretax profit reached €378.2 million, exceeding the forecasted €320.9 million.
  • Profit after tax amounted to €328.6 million, which was higher than the projected €268.6 million.
  • Analysts’ ratings include 9 buys, 5 holds, and 1 sell recommendation.

A look at Evolution Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience4
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

Analysing Evolution AB’s long-term outlook using Smartkarma Smart Scores reveals a positive overall sentiment towards the company. With a strong emphasis on growth, Evolution scored a 5, indicating high potential for expansion and development in the future. Additionally, the company received favorable ratings for its dividend and resilience, scoring a 4 in both categories. This suggests that Evolution not only provides attractive dividends to investors but also demonstrates strong resilience in navigating challenges.

Although Evolution scored lower in value and momentum, with scores of 2 and 3 respectively, the company’s impressive ratings in growth, dividend, and resilience bode well for its long-term prospects. As a leading gaming company that offers fully integrated B2B live casino solutions to online operators worldwide, Evolution‘s strategic positioning and emphasis on sustained growth indicate a promising outlook for investors seeking stability and potential returns in the gaming 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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Betsson (BETSB) Earnings: Q3 Revenue Surpasses Estimates, Driving 51% Organic Growth

By | Earnings Alerts
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  • Betsson reported a third-quarter revenue of €280.1 million, surpassing the estimated €274 million.
  • The sportsbook margin increased by 7.4%.
  • The company experienced a significant organic revenue growth of 51%.
  • The number of active clients reached 1.36 million.
  • Operating profit was recorded at €64.5 million, slightly higher than the estimated €63.8 million.
  • Pretax profit stood at €56.6 million, falling short of the estimated €59.7 million.
  • Analyst recommendations include 3 buys, 1 hold, and 0 sells.

“`


A look at Betsson Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience4
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

Based on the Smartkarma Smart Scores, Betsson has a positive long-term outlook. The company scores well in growth, resilience, and momentum, with ratings of 4 in each category. This indicates that Betsson is well positioned for future expansion, is able to withstand market challenges, and has strong momentum in its operations. While the dividend score is lower at 1, indicating a weaker performance in this area, the overall outlook remains positive due to the strengths in growth, resilience, and momentum.

Betsson AB, a gaming company primarily engaged in online gaming operations and the development, marketing, and sale of Internet gaming systems, demonstrates strong potential for growth and resilience in the market. With solid ratings in growth, resilience, and momentum, Betsson is positioned to capitalize on opportunities for expansion and navigate through market fluctuations. While the dividend score is lower, the company’s overall outlook remains optimistic, making it a company to watch for potential long-term investment opportunities.


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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Kone OYJ (KNEBV) Earnings: 3Q Orders Surpass Estimates, EBIT Margin Slightly Below Expectations

By | Earnings Alerts
  • Kone’s third-quarter orders totaled €2.08 billion, surpassing the estimated €1.99 billion.
  • Net sales for the quarter reached €2.75 billion, slightly below the projected €2.8 billion.
  • Sales growth at constant exchange rates was 1.1%, which did not meet the estimated 2.52%.
  • The company reported an EBIT of €319.4 million, exceeding the estimate of €312.2 million.
  • Kone’s EBIT margin stood at 11.6%, which was below the anticipated 12.2%.
  • Adjusted EBIT matched the reported EBIT of €319.4 million, falling short of the expected €344.6 million.
  • Adjusted EBIT margin also came in at 11.6%, missing the forecasted 12.3%.
  • Market analysts have issued 13 buy ratings, 9 hold ratings, and 6 sell ratings for Kone’s stock.

A look at Kone OYJ Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.8

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

Kone Oyj, a company specializing in elevator and escalator solutions, holds a promising long-term outlook according to Smartkarma Smart Scores. With a strong Resilience score of 5, the company demonstrates stability and the ability to withstand market fluctuations. This is further complemented by a Momentum score of 5, indicating positive trends and growth potential in the future. Additionally, Kone Oyj is positioned for growth as reflected in its Growth score of 4, highlighting opportunities for expansion and development in its sector.

Furthermore, Kone Oyj maintains a moderate Value score of 2, suggesting that the company is fairly priced relative to its intrinsic value. In terms of dividend potential, the company scores a 3, indicating a satisfactory level of dividend payouts. Overall, with strong scores in Growth, Resilience, and Momentum, Kone Oyj appears well-positioned for long-term success in the elevator and escalator 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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Danone SA (BN) Earnings: 3Q Like-for-Like Sales Surpass Estimates, Driven by Specialized Nutrition

By | Earnings Alerts
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  • Danone’s third-quarter like-for-like sales increased by 4.2%, surpassing the estimated 3.75% growth.
  • Essential Dairy & Plant-based segment saw a 4.1% increase in like-for-like sales, exceeding the expected 3.06%.
  • Specialized Nutrition segment outperformed with a 5.2% rise in like-for-like sales, above the anticipated 4.75%.
  • Waters segment grew by 3.2% in like-for-like sales, falling short of the expected 3.64%.
  • Volume/mix contribution to growth was 3.6%, outpacing the estimate of 3.04%.
  • Price increase was 0.7%, slightly below the 0.86% estimate.
  • Foreign exchange impact was negative at -3.2%, which was worse than the estimated -1.81%.
  • Total sales were EU6.83 billion, a decrease of 1.2% year-on-year, and below the estimated EU6.88 billion.
  • Essential Dairy & Plant-based sales amounted to EU3.28 billion, a decrease of 5.5% year-on-year, lower than the expected EU3.35 billion.
  • Specialized Nutrition sales reached EU2.19 billion, a 5.7% year-on-year increase, surpassing the forecasted EU2.08 billion.
  • Waters sales totaled EU1.35 billion, down by 0.6% year-on-year, missing the projected EU1.38 billion.
  • Danone maintains its full-year forecast for like-for-like sales growth between 3% and 5%, compared to the estimated 4.04%.
  • The company anticipates a moderate improvement in its recurring operating margin for the full year.

“`


A look at Danone SA Smart Scores

FactorScoreMagnitude
Value2
Dividend4
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

According to the Smartkarma Smart Scores, Danone SA, a food processing company known for its dairy products, beverages, baby food, and clinical/medical nutrition offerings, shows a promising long-term outlook. With a strong Dividend score of 4 out of 5, investors can expect consistent returns from the company’s dividend payouts. Additionally, Danone scores a solid 3 for both Growth and Resilience, indicating a healthy balance of growth potential and financial stability. Moreover, the company receives an impressive Momentum score of 5, suggesting strong upward momentum in its stock performance.

Overall, Danone SA‘s Smart Scores paint a positive picture for the company’s future prospects. While there is room for improvement in Value, the company’s strong performance across Dividend, Growth, Resilience, and Momentum factors bode well for investors looking for a reliable and potentially rewarding long-term investment in the food processing 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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