Beijer Alma Ab

BEIA B

Equity

ISIN SE0011090547 / Valor 41904844

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

SEK 166.40+0.97%

Beijer Alma Ab
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About company

Beijer Alma Ab is a listed industrial group that owns and develops industrial companies specializing in component manufacturing and industrial trading. The Group's subsidiaries, such as Lesjöfors and Beijer Tech, operate in 60 markets, offering products and services tailored to meet the specific needs of industrial customers. This customer-centric approach enhances the value of the products and contributes significantly to the Group's profitable growth in international markets.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first quarter of 2024, Beijer Alma AB reported a net revenue increase to MSEK 1,812, up from MSEK 1,693 in the same quarter of the previous year. This represents a growth of approximately 7%, driven by both organic growth and strategic acquisitions.

Operating Profit

Beijer Alma AB's adjusted operating profit (EBIT) for Q1 2024 was MSEK 242, slightly down from MSEK 243 in Q1 2023. The operating margin also saw a slight decrease to 13.3% in Q1 2024 from 14.3% in the corresponding quarter of the previous year, reflecting a competitive market environment.

Profit After Financial Items

The company's profit after net financial items increased in Q1 2024 to MSEK 200, up from MSEK 192 in Q1 2023. This improvement reflects effective financial management and gains from currency fluctuations.

Earnings Per Share

Earnings per share for Beijer Alma AB were SEK 2.45 in the first quarter of 2024, showing a slight increase from SEK 2.41 in the first quarter of 2023. This indicates a stable profitability per share for the shareholders.

Order Bookings and Cash Flow

Order bookings for Beijer Alma AB in Q1 2024 increased to MSEK 1,875, up from MSEK 1,808 in Q1 2023. However, cash flow from operating activities decreased to MSEK 15 in Q1 2024 from MSEK 44 in the same quarter the previous year, impacted by a seasonal build-up of inventories and receivables.

Summarized from source with an LLMView Source

Key figures

-9.17%1Y

-35.5%3Y

23.8%5Y

Performance

29.8%1Y

34.8%3Y

34.6%5Y

Volatility