Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest update is out from Beijer Ref AB Class B ( ($SE:BEIJ.B) ).
Beijer Ref AB reported first-quarter 2026 net sales of SEK 8,549 million, a 3.9 percent decline year-on-year, though sales rose 3 percent excluding currency effects and organic growth was flat. EBITA slipped 3.3 percent to SEK 804 million but increased 4 percent in constant currencies, with the EBITA margin steady at 9.4 percent and earnings per share unchanged at SEK 0.94, supported by stable operating cash flow despite seasonal working capital needs.
The group continued its acquisition-driven expansion by purchasing Idema, an established air conditioning distributor in Italy with annual sales of about SEK 200 million, strengthening its presence in Southern Europe. Overall, the quarter shows resilient profitability and cash generation in the face of adverse currency headwinds, indicating that Beijer Ref’s operational performance and market position remain solid even as reported figures are pressured by FX effects.
The most recent analyst rating on ($SE:BEIJ.B) stock is a Sell with a SEK110.00 price target. To see the full list of analyst forecasts on Beijer Ref AB Class B stock, see the SE:BEIJ.B Stock Forecast page.
More about Beijer Ref AB Class B
Beijer Ref AB is a refrigeration and air conditioning technology distributor, supplying cooling solutions and HVAC products to commercial and industrial customers. The company focuses on European and international markets, expanding its reach through acquisitions and maintaining a strong position in climate control and refrigeration distribution.
Average Trading Volume: 924,868
Technical Sentiment Signal: Buy
Current Market Cap: SEK73.4B
For an in-depth examination of BEIJ.B stock, go to TipRanks’ Overview page.