- Operating Profit Higher Than Expected: Beijer REF reported an operating profit of SEK 778 million, surpassing the estimate of SEK 743.4 million.
- Net Sales Exceed Estimates: The company achieved net sales of SEK 8.90 billion, compared to the predicted SEK 8.77 billion.
- Organic Revenue Growth: Beijer REF’s organic revenue increased by 4.3% in the first quarter.
- Pretax Profit Rises: Pretax profit reached SEK 647 million, higher than the anticipated SEK 620.3 million.
- Net Income Surpasses Projections: Recorded net income stood at SEK 478 million, exceeding the estimate of SEK 464.5 million.
- EBITA Performance: EBITA was reported at SEK 832 million.
- Analyst Ratings: The company received 9 buy ratings and 2 hold ratings, with no sells reported.
A look at Beijer Ref Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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 at Smartkarma have given Beijer Ref a mixed outlook based on their Smart Scores. With a strong score in Growth and decent scores in Value, Resilience, and Momentum, the company seems positioned for future expansion. Beijer Ref, a supplier of cooling and heating systems in northern Europe, shows potential for further development in the industry.
However, the company’s lower score in Dividend indicates a weaker performance in this aspect. Investors may want to consider this factor before making investment decisions. Overall, with a focus on growth and resilience, Beijer Ref appears to have a promising long-term outlook 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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