- 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
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
