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The latest announcement is out from Bravida Holding AB ( (SE:BRAV) ).
Bravida Holding AB reported a decrease in net sales but achieved an improved EBITA margin due to strategic project selection and increased earnings in Denmark. Despite challenging market conditions, the company completed acquisitions to bolster annual sales and maintained a stable order backlog. Cash flow issues were noted due to invoicing delays, and sustainability efforts showed progress with reduced emissions and workplace injuries. The company anticipates continued market challenges but expects growth in installation demand driven by infrastructure and electrification projects.
The most recent analyst rating on (SE:BRAV) stock is a Hold with a SEK101.00 price target. To see the full list of analyst forecasts on Bravida Holding AB stock, see the SE:BRAV Stock Forecast page.
More about Bravida Holding AB
Bravida Holding AB operates in the installation and service industry, providing electrical, heating, plumbing, and ventilation services. The company focuses on markets across Scandinavia, with a strategic emphasis on maintaining profitability through selective project engagement and efficient production.
Average Trading Volume: 163,541
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK19.15B
See more data about BRAV stock on TipRanks’ Stock Analysis page.