contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


coor-miss-from-denmark-but-proposes-buybacks-abg

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Coor Service Management Holding is a Nordic provider of facility management services. The company provides a wide range of comprehensive services within the business area which include cleaning, workplace service, telephony, and customer services, as well as other services and advice. The customers are mainly found among larger corporate customers, as well as institutions. The company's head office is located in Kista.

Coor Service Management Holding

* Adj. EBITA -4% vs ABGSC and FactSet cons * Denmark remains challenging, will drive 1-2% est cuts * Raises dividend and proposes buyback program Q4 results Sales SEK 3,224m (2% vs ABGSC 3,156m...

* Adj. EBITA -4% vs ABGSC and FactSet cons * Denmark remains challenging, will drive 1-2% est cuts * Raises dividend and proposes buyback program Q4 results Sales SEK 3,224m (2% vs ABGSC 3,156m and 3% vs cons 3,132m), 1% y-o-y, 3% organic growth (vs ABGSC 1% and cons 0%). Adj. EBITA 160m (-4% vs ABGSC 167m and -4% vs cons 166m) a bit weaker due to a lower-than-expected margin of 5.0% (vs ABGSC 5.3% and cons 5.3%). Margins were weaker in Denmark and Norway, but a bit stronger in Sweden. Group costs were also higher than expected, but partly elevated by reorganisation cost. Cash conversion was weaker in Q4 (15% FCF/EBITA) but strong for the full year (68%), now back to the historical average (64% 2015-2024) after a weaker period in 2023-2024. Dividend was 2.5 per share (cons 2.4) and it also proposes a buyback program after the AGM (no details yet). Outlook and estimates changes Management reiterated near-term growth headwinds in Denmark, which was expected. On margins, it said it see upside in 2026. We and FactSet consensus already have 5.4% and 5.5% margin in 2026e, respectively. And given the weaker margin in Q4 (mainly driven by Denmark), we expect consensus to cut margin expectations somewhat, and cut '26e-'27e EBITA by ~1-2%. Final thoughts Overall, the report was a bit weaker than expected (margins and cash conversion) and we see some downside to estimates. However, Coor being more forward-leaning on capital repatriation is positive in our view, and should outweigh somewhat lower estimates. Denmark remains challenging, and should be the main reason for estimate cuts. These challenges are known, but the magnitude slightly more than estimated. The share has performed well recently (+27% L3M, +18% YTD, vs OMXSGI +9% and +5%). It is now trading at 11x EBITA on our unrevised 2026 estimates vs Nordic service peers at 11x and ISS at 12x.