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Beijer Group - Full Steam Ahead

2022-02-03 11:00:00

Beijer Group's Q4 contained several encouraging signs, not least in the order intake, which nearly reached SEK 600m. However, the component shortage is hindering full sales conversion and hurts short-term margins. Nevertheless, Redeye argues that these issues are temporary and that the general demand should be the focal point. We thus expect 2022 to be the year where volumes finally support EBIT margins above the financial targets of 10%.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/