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 CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...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
      viewerIsFollowing
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
      id
    }
    createdAt
    ... on Video {
      liveTime
      tags {
        viewerIsFollowing
        id
      }
    }
    ... on Webcast {
      liveTime
      tags {
        viewerIsFollowing
        id
      }
    }
    slug
    ... on CompanyReport {
      tags {
        viewerIsFollowing
        id
      }
      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 {
    id
    name
    pageUrl
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      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
    }
  }
}


eurocon-recruitment-currently-the-limiting-factor-abg

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Q2 net sales growth of 16% y-o-yEstimates slightly down after the Q2 reportSiteBase is now accretive to group profitabilityQ2: Sales up 16% y-o-y, EBIT margin of 9.9% (10.9%)Eurocon reported...

Q2 net sales growth of 16% y-o-y Estimates slightly down after the Q2 report SiteBase is now accretive to group profitability Q2: Sales up 16% y-o-y, EBIT margin of 9.9% (10.9%) Eurocon reported Q2 net sales of SEK 86.2m (74.6m), 2% behind ABGSCe. The deviation was driven by a lower net recruitment pace than we expected. According to the company, demand remains strong but difficulties in finding the right talent is holding it back in terms of the number of new assignments being started. Eurocon has not witnessed any weakness in general demand following the war in Ukraine and continues to see a good utilisation rate even after the assignments that ended during H2. EBIT was SEK 8.5m (8.1m) in Q2, corresponding to an EBIT margin of 9.9% (10.9%). It was a bit weaker than our expected 11.5%. The company has had some additional opex for education of the staff and for kick-offs after COVID-19 restrictions were finally lifted, and this affected profitability more than we had estimated. Lower expected profitability the main change to forecast As demand continues to be strong, we maintain our positive view on Eurocon’s mid-term sales outlook. One quarter of lower net recruitment could be a result of a slightly higher employee turnover and is not a cause for concern from our perspective. As such, we only make slight adjustments to our sales forecast. We revise our EBIT forecast somewhat higher following the higher opex level in Q2. For ’22-‘24e, we lower EBIT by 2.9%-3.4% and now expect the EBIT margin to decline in both ‘23e and ‘24e. Something that could change our view on the margin development is if SiteBase (~5% of group sales) receives a major order. The product company is off to a good start in ’22, with y-o-y sales growth above 40% for H1. In the meantime, it has also turned to black numbers with an EBIT margin for H1’22 of 18.9% (-13.8%), meaning it is now accretive to group margins. ‘22e P/E of 11x, EV/EBIT of 8.5x and div. yield of 6.8%On our forecast, Eurocon is trading... Läs mer på ABG Sundal Collier