Nexam Chemical Holding

* Sales SEK 44m (-5% vs. ABGSCe), EBIT -5.5m (vs. -3.3m) * We cut '26e-'28e sales by 1-2%, total EBIT by SEK 6m * Rising virgin plastic prices present an opportunity for Nexam Q1 a bit softer, more optimistic on Q2 Nexam reported slightly softer sales...

* Q1 sales of SEK 44m (-11% y-o-y), -5% vs. ABGSCe * EBIT SEK -5.5m (vs. ABGSCe -3.5m) * Recycling continues to show strength (+89% y-o-y) Q1 results Sales came in at SEK 44m (-5% vs. ABGSCe 46m), -11% y-o-y. EBIT adj. came in lower at SEK -5.5m (vs....

* Report out on 21 April * Q1e sales of SEK 46m (49m), EBIT SEK -3.5m (-2.8m) * Recycling remains the key growth driver Q1 expectations We estimate Q1 sales of SEK 46m, -7% y-o-y. In Performance Chemicals, Recycling should sustain its momentum (~20% ...

* Q4 figures in line with pre-announcement * We cut '26e-'27e sales by 6-5%, EBIT positive in '27e (prev. '26e) * Targeting 2x Recycling sales in '26e vs. '25 Q4 results Nexam reported sales of SEK 43m (-11% y-o-y, -4% q-o-q), in line with pre-announced...