NCAB Group AB

NCAB

Equity

ISIN SE0017160773 / Valor 115679172

NASDAQ Nordic Exchange Stockholm, Equities (2024-12-23)

SEK 64.05+0.23%

NCAB Group AB
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About company

NCAB Group AB is a prominent global PCB supplier with a strong presence in Europe, Asia, and North America, serving customers in around 45 countries worldwide. The company, established in 1993, generated a revenue of 385 million USD in 2023. With a focus on providing high-quality printed circuit boards, NCAB Group AB has established itself as a reliable and trusted partner in the electronics industry.

Summarized from source with an LLMView SourceSector: Business Services

Net Sales Decline

NCAB Group AB reported a 17% decrease in net sales for the first quarter of 2024, amounting to SEK 950.6 million compared to SEK 1,146.4 million in the same period last year. This decline was influenced by lower prices and ongoing inventory adjustments by customers.

Order Intake

Order intake for NCAB Group AB in Q1 2024 decreased by 6% to SEK 970 million from SEK 1,030 million in the previous year. Despite this, order intake showed improvement compared to the last three quarters, with a positive book-to-bill ratio of 1.02.

EBITA and Profit Margins

EBITA for NCAB Group AB fell to SEK 142.6 million in the first quarter of 2024, down from SEK 183.7 million in Q1 2023. The EBITA margin also decreased slightly to 15.0% from 16.0% in the same period last year.

Cash Flow and Operating Profit

NCAB Group AB's cash flow from operating activities was SEK 92.9 million in Q1 2024, a significant drop from SEK 201.9 million in the same quarter of the previous year. Operating profit also decreased to SEK 127.4 million from SEK 172.6 million in Q1 2023.

Dividend and CFO Appointment

The Board of Directors of NCAB Group AB has proposed a dividend of SEK 1.10 per share, consistent with the previous year, to be paid in May. Additionally, Tim Benjamin has been appointed as the new CFO, replacing Anders Forsén, and will assume his duties by October at the latest.

Summarized from source with an LLMView Source

Key figures

-9.08%1Y

-27.2%3Y

348%5Y

Performance

45.1%1Y

50.6%3Y

54.5%5Y

Volatility