Overview
Swedish tableware firm's Q4 net sales fell 4.5%, impacted by weak demand and currency pressures
Company's full-year net sales rose 1.4%, driven by acquisitions
Company set new growth and sustainability targets for 2026
Outlook
Duni sets new targets for growth, dividends, and sustainability from 2026
Company sees potential benefits from reduced VAT for German restaurants
Duni prepared to grow despite geopolitical and macroeconomic uncertainty
Result Drivers
ACQUISITIONS - Positive contributions from acquired businesses helped offset weak demand and currency pressures
DINING SOLUTIONS - Currency and negative mix effects pressured income, but efficiency improvements and cost adjustments provided some relief
FOOD PACKAGING SOLUTIONS - Income improved due to favorable mix and lower logistics costs, despite challenging market conditions
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | SEK 1.97 bln | ||
Q4 EPS | SEK 1.82 | ||
Q4 Net Income | SEK 88 mln | ||
Q4 Operating income | SEK 162 mln | ||
Q4 Organic Growth | -7.00% |
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the appliances, tools & housewares peer group is "buy."
Wall Street's median 12-month price target for Duni AB is SEK121.00, about 14.2% above its February 5 closing price of SEK106.00
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nWkr87JL6H
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)