Latest news with #RatosAB
Bloomberg
02-06-2025
- Business
- Bloomberg
Ratos Seeks $160 Million from IPO of Nordic Construction Unit
Sentia AS, a construction company owned by Ratos AB with projects in Sweden and Norway, filed for an initial public offering in Oslo where it hopes to raise as much as 1.6 billion kroner ($160 million). Ratos will sell as many as 31.9 million shares in the Nordic builder, including over-allotment, cutting its 72% stake to less than 50%, according to a filing Monday. Cornerstone investors including DNB Asset Management and Arctic Asset Management have agreed to acquire 670 million kroner of stock in the offering at 50 kroner apiece, giving an equity value of about 5 billion kroner.
Bloomberg
16-05-2025
- Business
- Bloomberg
Ratos Weighs IPO of Nordic Construction Unit Sentia
Swedish conglomerate Ratos AB is considering listing its construction arm Sentia, according to people familiar with the matter, marking another potential initial public offering for the Nordic region. Ratos is working with advisers to gauge investor appetite for the unit ahead of a potential IPO, said the people, who asked not to be identified because the matter is private. No final decisions have been made and the plans could change, the people said.
Yahoo
06-05-2025
- Business
- Yahoo
Ratos AB (RTOBF) Q1 2025 Earnings Call Highlights: Record EBITDA Growth Amid Strategic Restructuring
Adjusted EBITDA Growth: Up 32%. EBITDA Margin: Over 13% for product solutions. Net Sales: Down 4% due to discontinued operations. Order Intake: Construction and services order intake up 186%. Cash Flow from Operating Activities: Down SEK150 million, affected by SEK200 million composition dividend. Cash Conversion: 135% over the last 12 months. Net Debt: Increased by SEK800 million during the quarter. Dividend Payout: SEK1.35 per share, totaling SEK442 million. Store Closures: Reduction to 89 stores in Norway and Sweden; 11 stores closed in Finland. Debt Reduction: Financial debts down SEK1.5 billion. Release Date: May 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Ratos AB (RTOBF) reported a record quarter with a 32% increase in adjusted EBITDA. All business areas showed an increase in EBITA, indicating broad-based growth. The company completed the reconstruction of Contortion in February, showing strong results in Q1. Strong order intake in construction and services, with order books at record highs. Product solutions segment saw a 9% increase in net sales despite a slow market. Negative Points The company experienced a 4% decline in net sales due to discontinued operations in Plantasjen and Expin Group. Industrial services faced a negative calendar effect, impacting EBITA by SEK8 million. TFS continues to face challenges in the clinical trials market, with a weak market outlook. Net debt increased by SEK800 million during the quarter, primarily due to negative cash flow. The company incurred several one-off costs related to restructuring and staff reductions in various segments. Q & A Highlights Q: Could you explain the one-off costs related to the Speed Group? A: Jonas Wistrom, CEO, explained that the costs were due to a reduction in staff within the manpower business of Speed Group, which is separate from their core third-party logistics operations. Severance pay and related expenses contributed to these costs. Q: What is the current market situation for TFS, and do you expect it to improve? A: Jonas Wistrom, CEO, noted that the market for TFS, particularly in biotech, remains challenging due to financing difficulties. While the market is expected to recover, the timing is uncertain. Cost adjustments are being made to maintain profitability. Q: Will the one-off costs seen in this quarter continue in the future? A: Jonas Wistrom, CEO, mentioned that while some costs related to the merger of Semcon and Knightec Group might appear in Q2, no significant additional one-off costs are anticipated beyond that.
Yahoo
21-03-2025
- Business
- Yahoo
March 2025's European Stocks That Could Be Trading Below Estimated Value
As the European markets face challenges from U.S. trade tariffs and monetary policy uncertainties, investors are closely watching economic developments across the continent. In this environment, identifying stocks that may be trading below their estimated value could present opportunities for those looking to navigate these complex market conditions effectively. Name Current Price Fair Value (Est) Discount (Est) Romsdal Sparebank (OB:ROMSB) NOK130.30 NOK260.00 49.9% Somec (BIT:SOM) €10.35 €20.55 49.6% Wienerberger (WBAG:WIE) €35.12 €69.28 49.3% Comet Holding (SWX:COTN) CHF236.00 CHF464.97 49.2% JOST Werke (XTRA:JST) €50.40 €98.53 48.8% Net Insight (OM:NETI B) SEK4.825 SEK9.58 49.6% MEMSCAP (ENXTPA:MEMS) €3.95 €7.69 48.6% dormakaba Holding (SWX:DOKA) CHF685.00 CHF1356.53 49.5% MilDef Group (OM:MILDEF) SEK207.00 SEK404.07 48.8% Entech (ENXTPA:ALESE) €8.16 €16.30 50% Click here to see the full list of 206 stocks from our Undervalued European Stocks Based On Cash Flows screener. Below we spotlight a couple of our favorites from our exclusive screener. Overview: Norconsult ASA is a consultancy firm specializing in community planning, engineering design, and architecture services in the Nordics and internationally, with a market capitalization of NOK13.87 billion. Operations: The company generates revenue from several segments, including NOK1.81 billion from Sweden, NOK864 million from Denmark, NOK2.83 billion from Norway Regions, NOK918 million in Renewable Energy, NOK3.04 billion at the Norway Head Office, and NOK1.19 billion through Digital and Techno-Garden services. Estimated Discount To Fair Value: 37.3% Norconsult ASA appears undervalued, trading at NOK 46, significantly below its estimated fair value of NOK 73.4. Despite a modest revenue growth forecast of 2.4% annually, earnings are expected to grow by 15.1% per year, surpassing the Norwegian market average. Recent financial results show strong quarterly performance with net income rising to NOK 202 million from NOK 74 million a year ago, although full-year net income slightly declined to NOK 496 million from NOK 516 million. Our comprehensive growth report raises the possibility that Norconsult is poised for substantial financial growth. Get an in-depth perspective on Norconsult's balance sheet by reading our health report here. Overview: Ratos AB (publ) is a private equity firm focused on buyouts, turnarounds, add-on acquisitions, and middle market transactions with a market cap of SEK11.81 billion. Operations: The company's revenue is segmented into Consumer (SEK5.34 billion), Construction (SEK12.07 billion), Product Solutions (SEK5.10 billion), Industrial Services (SEK5.36 billion), and Critical Infrastructure (SEK4.31 billion). Estimated Discount To Fair Value: 25.2% Ratos AB is trading at SEK 35.76, well below its estimated fair value of SEK 47.78, making it undervalued based on cash flows. Despite a challenging year with net income dropping to SEK 249 million from SEK 1,218 million and profit margins decreasing to 0.8%, earnings are forecasted to grow significantly at 36% annually over the next three years, outpacing the Swedish market average of 9.2%. Our expertly prepared growth report on Ratos implies its future financial outlook may be stronger than recent results. Take a closer look at Ratos' balance sheet health here in our report. Overview: Komax Holding AG, with a market cap of CHF587.18 million, operates in the automated wire processing industry through its subsidiaries. Operations: The company's revenue is primarily generated from its Wire Processing segment, amounting to CHF623.39 million. Estimated Discount To Fair Value: 14.0% Komax Holding AG, trading at CHF 114.6, is undervalued relative to its estimated fair value of CHF 133.32. Despite a challenging fiscal year with a net loss of CHF 3.22 million and declining revenues, the company is expected to achieve profitability within three years and grow earnings by 59% annually, surpassing market averages. Analysts anticipate a stock price rise of over 50%, although recent share price volatility may concern some investors. In light of our recent growth report, it seems possible that Komax Holding's financial performance will exceed current levels. Dive into the specifics of Komax Holding here with our thorough financial health report. Delve into our full catalog of 206 Undervalued European Stocks Based On Cash Flows here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include OB:NORCO OM:RATO B and SWX:KOMN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
