Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Third party research

Sintercast: Q2 in line, but automotive uncertainty continues - ABG

SinterCast

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
- Sales -3%, adj. EBIT +1% vs. ABGSCe
- Continued uncertainty in the automotive sector driven by tariffs
- 5m EEs by '26 and y-o-y installation growth uncertain due to this


Q2 results

Sales fell 12% y-o-y and were 1% above our estimate. Annualised engine equivalents produced were 3.4m, falling 15% y-o-y, and were thereby 3% below our estimate, but this was pre-announced in July. Sampling cups sold increased 2% y-o-y, and were 10% above our estimate, which was also pre-announced in July. With a margin of 36.0%, 0.2pp below our estimate, EBIT adj. was 1% above our estimate. All in all, Q2 was a solid quarter in line with our expectations.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.