INVISIO: Q1 miss and margin story gets a hit - ABG
Sales -13% vs cons, EBIT -60%, post a strong Q4 and tough comps Guides for higher military budgets paying off from H2'25 EBIT margin improvement story get a hit, estimates down 10-15%
ANNONS
Q1 details
Sales SEK 335m (-10% vs ABG 374m, -13% vs cons 386m). Adj. EBIT 28m (-61% vs ABG 70m, -60% vs cons 69m). Adj. EBIT margin 8.2% (ABG 18.6%, cons 17.8%). Order intake SEK 264m (-25% vs ABG 350m, -28% vs cons 366m). Organic sales growth 9% (ABG 20%, cons 18%), gross margin 58.7% (vs ABG 61.0%, cons 60.9%).
