Earnings Alerts

BillerudKorsnas AB (BILL) Earnings: 3Q Adjusted EBITDA Surpasses Estimates with a Strong Performance

By October 24, 2024 No Comments
  • Billerud reported an adjusted EBITDA of 1.56 billion SEK, surpassing the expected 1.42 billion SEK.
  • The company’s net sales were 10.80 billion SEK, slightly below the estimate of 10.91 billion SEK.
  • Operating profit reached 851 million SEK, exceeding the anticipated 739 million SEK.
  • Net income was recorded at 565 million SEK, higher than the expected 508.9 million SEK.
  • Stock analysts showed confidence in the company with 8 buy recommendations and 3 hold ratings, and no sell recommendations.

A look at BillerudKorsnas AB Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
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

In the long-term outlook for BillerudKorsnas AB, analysts have rated the company using Smartkarma Smart Scores across various key factors. With a strong score in value, BillerudKorsnas AB is viewed favorably in terms of its investment potential relative to its market price. Additionally, the company has received positive scores in momentum, indicating a promising trend in the company’s stock movement. This suggests that BillerudKorsnas AB may have a bright future ahead in terms of its market performance.

BillerudKorsnas AB, a company specializing in primary fibre-based renewable packaging materials and solutions, has shown resilience and stable growth prospects, as reflected in its respective scores. Moreover, the company’s decent dividend score signifies its commitment to returning value to shareholders. Overall, with a solid outlook across key factors, BillerudKorsnas AB appears to be well-positioned for continued success in the packaging 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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