- Dometic’s dividend per share for FY 2024 was SEK1.30, slightly below the estimated SEK1.31.
- Fourth quarter organic revenue decreased by 13%, missing the estimated decline of 10.7%.
- Adjusted EBITA for the fourth quarter was SEK349 million.
- The year 2024 saw a challenging market environment with a 12% decline in full-year organic net sales due to cautious consumer spending and inventory management.
- Dometic focused on investments in product development and sales capabilities in strategic growth areas.
- The company’s product innovation index improved to 21%, up from 17%, with several new product launches.
- Despite lower volumes, Dometic maintained a strong EBITA margin before items affecting comparability at 10.8%, compared to 12.5% in the previous year.
- Analyst recommendations include 8 buys, 3 holds, and no sell ratings for Dometic.
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A look at Dometic Group Ab Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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
According to Smartkarma Smart Scores, Dometic Group Ab has received high marks for its Value and Dividend outlook, scoring 5 and 4 respectively. This indicates that the company is considered to be strong in terms of its value proposition and dividend potential. However, its Growth score is on the lower side at 2, suggesting that there may be room for improvement in this area. In terms of Resilience and Momentum, Dometic Group Ab has scored 3 on both factors, pointing towards a moderate level of resilience and momentum in the company’s performance.
Dometic Group AB, a company specializing in designing and manufacturing climate control and convenience products for the RV, Marine, and ground transport industries, seems to be well-positioned in terms of its value and dividend offerings. While there is room for growth improvement, the company showcases moderate levels of resilience and momentum in its overall outlook. Investors may find Dometic Group Ab an interesting prospect based on these Smartkarma Smart Scores, indicating strengths in certain key areas of the company’s performance.
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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