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Arjo AB Class B (ARRJF)
OTHER OTC:ARRJF
Holding ARRJF?
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.07Last Year’s EPS
0.07Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 22, 2018
|% Change Since: -17.73%
|Next Earnings Date:Jul 19, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a challenging quarter with lower-than-expected organic growth primarily due to weak capital sales in Europe and Asia. Despite these challenges, the company showed resilience with improvements in gross margin, strong operational cash flow, and strategic executive appointments. However, the significant negative impact of currency effects and the decline in adjusted EBIT and EBITDA suggest ongoing challenges.Company Guidance
In the Q3 2024 earnings call for ARJO B.ST, CEO Joacim Lindoff and CFO Niclas Sjöswärd provided guidance amid challenges and opportunities. The company reported a 1.5% organic growth, which was lower than expected due to a significant decrease in capital sales in Europe and unexpected shortfalls in China and Japan. Despite these headwinds, the gross margin improved to 42%, up from 41.4% in Q3 2023, driven by solid order intake in capital and robust development in service and rental businesses. Operating cash flow was strong at SEK 437 million, achieving a cash conversion rate of 102%. Adjusted EBITDA and EBIT were SEK 434 million and SEK 164 million, respectively, although impacted by negative currency effects and lower capital sales. The company remains focused on efficiency activities to safeguard profitability, anticipating continued challenges in the European capital market in the coming quarters. Lindoff also announced strategic leadership appointments and acquisitions, projecting a 3% to 5% organic net sales growth for the full year 2024.North America Organic Growth
North America grew with 2.4% organically in the quarter, with Canada and the U.S. showing progress in capital sales, rental, and service business.
Improvement in Gross Margin
Gross margin improved to 42% for the quarter compared to 41.4% in Q3 of 2023, despite headwinds from lower capital sales and negative currency effects.
Strong Operational Cash Flow
Operational cash flow for Q3 was SEK 437 million, leading to a cash conversion of 102% for the quarter.
Lowest Leverage Since Spin-off
Leverage (net debt to adjusted EBITDA) improved to 2.2, the lowest level since the company's spin-off.
New Executive Appointments
Maria Fagerberg will join as EVP for QRC, and Jonas Cederhage will continue as EVP for Supply Chain and Operations, contributing to leadership stability.
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ARRJF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ARRJF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 17, 2024 | $4.06 | $3.40 | -16.26% |
| Jul 12, 2024 | $4.02 | $4.02 | 0.00% |
| Apr 18, 2024 | $4.82 | $4.31 | -10.58% |
| Jan 30, 2024 | $4.17 | $4.48 | +7.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Arjo AB Class B (ARRJF) report earnings?
Arjo AB Class B (ARRJF) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Arjo AB Class B (ARRJF) earnings time?
Arjo AB Class B (ARRJF) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARRJF EPS forecast?
ARRJF EPS forecast for the fiscal quarter 2024 (Q4) is 0.07.
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