- Beijer REF’s operating profit for the third quarter was SEK 1.03 billion, which missed the estimated SEK 1.05 billion.
- Net sales reported at SEK 9.49 billion, falling short of the estimated SEK 9.69 billion.
- The company achieved an organic revenue growth of 2.7%.
- EBITA was recorded at SEK 1.08 billion.
- Adjusted EBITA was also reported at SEK 1.08 billion.
- Analyst ratings consist of 8 buy recommendations, 2 hold recommendations, and no sell recommendations.
A look at Beijer Ref Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
Beijer Ref AB, a company that manufactures cooling and heating systems and supplies raw materials, industrial equipment, tools, and parts, has a positive long-term outlook according to the Smartkarma Smart Scores. With strong scores in Growth and Momentum, Beijer Ref is positioned well for future expansion and market performance. This indicates that the company is poised for growth and has good market momentum, suggesting a potentially bright future ahead.
While Beijer Ref scores lower in areas such as Dividend and Value, its strengths in Growth and Momentum could overshadow these factors in the long run. The company caters to large industrial companies in northern Europe with its diverse product range, including air conditioning and refrigeration systems. Overall, Beijer Ref seems to be on a growth trajectory, supported by its resilience in the market, which bodes well for its future 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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