Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Third party research

Scanfil: Weak Q1 but FY guidance unchanged - Nordea

Scanfil

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
Net sales and EBIT were below consensus (LSEG) in Q1. All segments reported a negative y/y revenue growth in Q1. Net sales declined due to weak demand and inventory destocking effect but demand declined even in energy saving solutions. On a group level, reported revenue growth was-12% y/y but -9% by excluding spot market purchases. However, full-year guidance was intact and Scanfil expects an improvement in H2 2024. Net cash flow from operations was EUR 9.7m in Q1. We forecast market consensus EBIT for full-year 2024 to be downgraded by EUR 2-3m (3.2-4.9%) after Q1 earnings release.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.