This week is shaping up to be a whirlwind of activity as over 100 companies on the main list are set to release their quarterly reports. Business World has compiled estimates for some of the companies we are keeping a close eye on.
Kicking off the reporting season is the medical technology company Getinge. Expectations are high as analysts anticipate an increase of over 8% in order intake and a projected adjusted EBITA result of 1,012 million SEK, a significant jump from last year’s 842 million SEK for the first quarter.
Volvo, the largest engineering company on the Stockholm Stock Exchange, is set to release its report on Wednesday. Analysts have lowered their expectations for the company, predicting a more than 18% decrease in adjusted operating income to just over 14.8 billion SEK for the first quarter. With the impact of American tariffs looming, CEO Martin Lundsted may adjust the market expectations for the full year.
Lock company Assa Abloy is expected to see an increase in sales in the first quarter and a return to organic growth. Analysts also anticipate an improvement in operating profit. The market will be eagerly awaiting the results on Wednesday at 8:00 AM.
Telecom giants Tele2 and Telia will also be reporting this week, with Tele2 kicking things off on Wednesday. Analysts expect increased sales compared to a year ago, while Telia is anticipated to show a slight decline in sales but improved organic growth.
As for Assa Abloy, a key player in both the US and Chinese markets, analysts are forecasting improved organic growth and a 2 billion SEK increase in sales. The uncertainty in the market will be a key factor to watch.
Axfood, one of the leading grocery retailers, faces tough comparisons due to the timing of Easter this year compared to last year. Analysts expect a 5% decrease in operating profit to 773 million SEK. CEO Simone Margulies will likely face questions about growth and profitability, particularly related to the Willys brand and the acquired Citygross stores.
Hygiene company Essity is expected to show organic growth and an increase in sales to nearly 36.2 billion SEK. The company’s CEO Magnus Groth is set to step down this year after stabilizing profitability at a higher level and setting new financial goals. The impact of a weaker dollar on raw material prices will be a point of interest.
Husqvarna, a leading garden equipment manufacturer, has faced challenges on the market and is down 22% year-to-date. Analysts expect continued negative organic growth and decreases in both sales and profits.
SKF, a ball bearing manufacturer, will report on Friday morning, with analysts focusing on organic growth and outlook for the second quarter. A slight decrease in sales compared to a year ago is expected. Customer behavior in response to trade tariffs will be a key factor to watch.
Defense giant Saab, one of Europe’s most highly valued defense companies, is expected to report a near 21 billion SEK order intake and a more than 17% increase in operating profit compared to the first quarter of last year. CEO Mikael Johansson will need to deliver strong numbers to impress the market.
All estimates are sourced from Factset.