Stock Analysis
Nordisk Bergteknik (STO:NORB B) First Quarter 2024 Results
Key Financial Results
- Revenue: kr760.7m (down 17% from 1Q 2023).
- Net loss: kr14.6m (down by 191% from kr16.1m profit in 1Q 2023).
- kr0.26 loss per share (down from kr0.29 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nordisk Bergteknik Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 189%.
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in Sweden.
Performance of the Swedish Construction industry.
The company's shares are down 1.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 4 warning signs for Nordisk Bergteknik (1 is a bit concerning!) that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Nordisk Bergteknik is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About OM:NORB B
Nordisk Bergteknik
Provides rock handling and foundation solutions in Sweden, Norway, Finland, and internationally.
Reasonable growth potential with mediocre balance sheet.