Earnings Alerts

Lifco (LIFCOB) Earnings: 2Q Net Sales Surpass Estimates with SEK6.73 Billion

  • Net sales for Lifco in the second quarter reached SEK 6.73 billion, representing an 8.4% increase year-on-year.
  • These net sales surpassed the estimated SEK 6.44 billion.
  • Organic revenue slightly decreased by 0.1%.
  • Adjusted EBITA was reported at SEK 1.61 billion.
  • Net income for the quarter was SEK 914 million.
  • Positive development in net sales was attributed to acquisitions and strong organic growth in the Dental segment.
  • The shift of Easter to the first quarter this year also positively impacted Dental’s performance.
  • There was noted organic growth in parts of Systems Solutions.
  • The market for Demolition & Tools continued to show weakness, negatively impacting Lifco’s overall performance in that segment.
  • Lifco remains financially strong and capable of pursuing additional acquisitions.
  • Analyst ratings include 2 buys, 3 holds, and 0 sells.

A look at Lifco Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
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

Analysts utilizing Smartkarma Smart Scores have assessed Lifco AB’s long-term outlook based on various factors. With a notable Growth score of 4 and strong Momentum score of 4, the company seems positioned for positive future performance. Lifco’s focus on expanding its business and maintaining forward momentum suggests a promising trajectory in the market.

While Lifco’s Value and Dividend scores are more moderate at 2, indicating room for improvement in these areas, its Resilience score of 3 reflects a decent level of stability within the company. Overall, Lifco’s diversified operations in dental products, machinery, contract manufacturing, and environmental technology across global markets present a solid foundation for potential growth opportunities in the long term.

Summary of Lifco AB: Lifco AB is a holding company with subsidiaries that offer a range of products including dental products, machinery, vehicle interiors, and environmental technology. Operating through partnerships worldwide, Lifco has a diverse portfolio that positions it well for future growth and expansion.


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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