- Net Sales: Addtech reported net sales of SEK 5.48 billion, surpassing the estimated SEK 5.4 billion.
- EBITA: Earnings Before Interest, Taxes, and Amortization (EBITA) reached SEK 790 million, exceeding the estimate of SEK 760.3 million.
- Operating Profit: Operating profit stood at SEK 661 million, higher than the anticipated SEK 642.3 million.
- Adjusted Diluted EPS: Adjusted diluted earnings per share (EPS) were reported at SEK 1.65, slightly below the estimate of SEK 1.72.
- Analyst Ratings: The current investment stance includes 4 buy ratings, 3 hold ratings, and no sell ratings.
A look at AddTech Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
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
Based on the Smartkarma Smart Scores, AddTech is positioned for strong long-term growth and resilience. With above-average scores in Growth and Momentum, AddTech is expected to continue its upward trajectory in the industrial components and systems sector. The company, known for its customer-specific solutions, has solid potential for further expansion and innovation in the Equipment, Transmission, and Components areas.
Although AddTech may not currently excel in areas like Value and Dividend, its focus on growth and momentum signals positive prospects for investors looking at the company’s future performance. With a customer base in key industries such as engineering, telecommunications, automotive, and electronics within the Nordic region, AddTech maintains a strategic positioning for sustained success in the market.
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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