contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


berner-industrier-a-surprisingly-strong-finish-to-24-abg

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Berner Industrier is a Nordic industrial group active in sustainable technology in a number of niche markets. The group offers products and solutions that contribute to addressing societal problems with the help of technology. Key areas are clean energy, clean water and sustainable resource utilization. Berner Industrier was founded in 1897 and is headquartered in Stockholm.

Berner Industrier

Orders recover sharply, +30% y-o-y, and sales beat our est. by 8% Strong E&E margin brings group to 7.4% adj. EBITA, we had 3.8% T&D restructuring continued (SEK -4.2m NRI), outlook improving...

Orders recover sharply, +30% y-o-y, and sales beat our est. by 8% Strong E&amp;E margin brings group to 7.4% adj. EBITA, we had 3.8% T&amp;D restructuring continued (SEK -4.2m NRI), outlook improving Q4 results Order intake came in at SEK 272m (+29% vs. ABGSCe 212m), +29% y-o-y, marking a sharp recovery after a weak year, as the increased quotations seen in Q3 materialised into orders. Sales were SEK 247m (+7.7% vs. ABGSCe 230m), +5.3% y-o-y (+5.6% org.), and EBITA adj. was SEK 18m (+111% vs. ABGSCe 8.7m), for a margin of +7.4% (ABGSCe +3.8%). The beat was driven by the E&amp;E segment which delivered impressive growth of 21% and a very strong margin of 14%. The T&amp;D segment continued to struggle and once again saw some restructuring charges in the quarter (SEK -4.2m), but management highlights the necessity of this work to improve its longer-term prospects. Estimates and outlook While management wants to see more quarters of consistent growth in order to feel confident in the turn, and not all parts of the business are running at full speed yet, they do judge the aggregate momentum seen in the quarter as promising. On the Q4 numbers alone, '25e-'26e sales change by +1.9%, and EBITA adj. changes by +17%. Company valuation The share has returned -5.0% L3M (vs. peer median -5.3% and OMXSSMAC +4.4%), and is currently trading at 15x-11x '24e-'26e P/E on our pre-report estimates vs. the peer median of 33x-14x.