- Addtech’s net sales for the second quarter were SEK 5.13 billion, closely matching the estimated SEK 5.16 billion.
- The company’s EBITA was reported at SEK 764 million, slightly below the expected SEK 787.3 million.
- Operating profit came in at SEK 640 million, falling short of the estimate of SEK 672.7 million.
- Market analysts have mixed recommendations on Addtech, with 3 buy ratings, 3 hold ratings, and 1 sell rating.
A look at AddTech Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
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 at Smartkarma have provided a comprehensive outlook for AddTech based on their Smart Scores. With a Growth score of 4 and a Momentum score of 5, AddTech is positioned favorably for long-term expansion and market performance. The company excels in adapting to market trends and has shown strong potential for future growth.
While AddTech scores lower on Value, Dividend, and Resilience factors, the high ratings in Growth and Momentum suggest a promising trajectory for the company. AddTech specializes in high-tech industrial components and systems, offering custom solutions in Equipment, Transmission, and Components for industries in the Nordic region. By leveraging its strengths in Growth and Momentum, AddTech is poised to capitalize on opportunities in its key customer segments.
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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