Arjo AB

ARJO B

Equity

ISIN SE0010468116 / Valor 39115843

NASDAQ Nordic Exchange Stockholm, Equities (2024-11-21)

SEK 32.84-0.55%

Arjo AB
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Arjo AB is a Swedish company founded in 1957 that specializes in providing products and solutions for patient transfers, hygiene, disinfection, prevention of pressure injuries, deep vein thrombosis, and diagnostics. They also offer medical beds and training services in connection with product sales. With a global presence in over 100 countries, Arjo aims to develop an efficient and sustainable healthcare system that positively impacts society. The company's focus areas include environmental impact, quality and regulatory compliance, employees and society, and business ethics. Arjo had approximately 6,500 employees worldwide and achieved net sales of around SEK 10 billion in 2022.

Summarized from source with an LLMView SourceSector: Healthcare

Net Sales Growth

In the first quarter of 2024, Arjo AB reported net sales of SEK 2,759 million, an increase from SEK 2,638 million in the same period of the previous year. This represents an organic growth of 4.3%, driven by strong performance in North America and positive trends in various global markets.

Adjusted EBITDA

Arjo AB's adjusted EBITDA for Q1 2024 rose to SEK 502 million, up from SEK 475 million in Q1 2023. The adjusted EBITDA margin also improved slightly to 18.2% from 18.0%, reflecting better cost control and efficiency improvements despite inflationary pressures.

Operating Profit

The adjusted operating profit for Arjo AB in the first quarter of 2024 increased by 13.2% to SEK 248 million, compared to SEK 219 million in the same quarter of the previous year. This improvement was attributed to a favorable product mix and higher volumes in service and patient handling equipment.

Earnings Per Share

Arjo AB's earnings per share (EPS) for Q1 2024 rose to SEK 0.48, up from SEK 0.42 in Q1 2023. This increase in EPS reflects the company's overall improved profitability and effective cost management during the quarter.

Cash Flow from Operations

Cash flow from operations for Arjo AB in the first quarter of 2024 amounted to SEK 256 million, slightly up from SEK 250 million in Q1 2023. The cash conversion rate remained stable at 54.2%, indicating consistent operational efficiency and financial health.

Summarized from source with an LLMView Source

Key figures

-11.4%1Y

-72.8%3Y

-21.4%5Y

Performance

33.2%1Y

39.8%3Y

38.7%5Y

Volatility