# Breaking Down the Latest Financial Results: Handelsbanken, Swedbank, Volvo Cars, Husqvarna, and Intrum
## Handelsbanken Shines Bright in Q3 2024
Handelsbanken reported an impressive operating profit of 9.061 billion SEK in the third quarter of 2024, surpassing analyst expectations of 8.088 billion SEK. Here’s a closer look at their key financial highlights:
– Net interest income: 11.763 billion SEK (analyst estimate: 11.464 billion SEK)
– Operating profit from financial transactions: 626 million SEK (expected: 505 million SEK)
– Net credit loss recoveries: 141 million SEK (analyst average: 203 million SEK)
– Return on equity: 15.6% (analyst consensus: 13.4%)
– Core Tier 1 capital ratio: 18.8% (expected: 19.0%)
## Swedbank Soars in Q3 2024
Swedbank didn’t disappoint either, reporting a robust operating profit of 11.876 billion SEK in the third quarter of 2024, surpassing the analyst consensus of 9.842 billion SEK. Here are some key numbers from their financial report:
– Total revenue: 19.146 billion SEK (expected: 17.462 billion SEK)
– Net interest income: 12.229 billion SEK (analyst average: 11.790 billion SEK)
– Operating profit from commissions: 4.286 billion SEK (estimated: 4.137 billion SEK)
– Credit losses: 271 million SEK (anticipated: 340 million SEK)
– Core Tier 1 capital ratio: 20.4% (analyst average: 20.2%)
## Volvo Cars Accelerates in Q3 2024
Volvo Cars revved up its performance with an operating profit of 5.8 billion SEK in the third quarter of 2024, surpassing analyst expectations of 4.9 billion SEK. Here’s a snapshot of their key financial metrics:
– Operating margin: 6.2% (expected: 5.5%)
– Operating profit excluding joint ventures: 5.7 billion SEK (anticipated: 4.9 billion SEK)
– Net revenue: 92.8 billion SEK (analyst forecast: 89.7 billion SEK)
## Husqvarna Grows Despite Challenges in Q3 2024
Husqvarna, known for its garden products, reported an operating profit of 52 million SEK in the third quarter of 2024, surpassing analyst expectations of 18.6 million SEK. Here’s a look at their key financial figures:
– Operating margin: 0.5% (expected: 0.2%)
– Revenue: 9.739 billion SEK, with a growth rate of -4% (analyst estimate: 9.736 billion SEK, -5.1% growth)
– Despite a warning of negative organic growth, Husqvarna managed to exceed expectations.
## Intrum Faces Challenges in Q3 2024
Intrum adjusted its operating profit to 951 million SEK in the third quarter of 2024, falling short of expectations of 1.012 billion SEK. Here are some key figures from their financial report:
– Reported operating profit: -127 million SEK (analyst average: 810 million SEK)
– Net result: -1.210 billion SEK (expected: -55 million SEK)
– Revenue: 4.171 billion SEK (analyst average: 4.271 billion SEK)
## Catena Media’s Preliminary Q3 2024 Figures
Catena Media provided preliminary figures for the third quarter, including a non-cash flow-affecting write-down of 40 million euros. Revenue for the period is expected to range between 10.5-11.0 million euros.
In conclusion, the latest financial results from Handelsbanken, Swedbank, Volvo Cars, Husqvarna, Intrum, and Catena Media showcase a mixed bag of performances. While some companies exceeded expectations and demonstrated strong growth, others faced challenges that impacted their bottom line. As investors, it’s crucial to analyze these results carefully and consider the broader economic landscape to make informed decisions about your financial future. Stay tuned for more updates on the dynamic world of finance!