The connection between Alisa Bank and the My Evli online service is exceptionally closed on Tuesday December 31, 2024 between 12.30 pm. and Thursday January 2, 2025 at 7.00 am. We apologize for any inconvenience.

Consti - Some softness in growth

Consti's net sales in Q1 amounted to EUR 59.8m, slightly below our and consensus estimates (EUR 63.3m/64.4m Evli/cons.), with growth of 0.9% y/y. EBIT amounted to EUR 0.4m, slightly above our estimates and in line with consensus (EUR 0.0m/0.4m Evli/cons.). Guidance reiterated: operating result in 2022 is expected to be EUR 9-13m.
  • Net sales in Q1 were EUR 59.8m (EUR 59.3m in Q1/21), slightly below our and consensus estimates (EUR 63.3m/64.4m Evli/Cons.). Sales grew 0.9% y/y.
  • Operating profit in Q1 amounted to EUR 0.4m (EUR 0.1m in Q1/21), slightly above our estimates and in line with consensus (EUR 0.0m/0.4m Evli/cons.), at a margin of 0.6%.
  • The increase in construction materials prices had a somewhat higher impact than in the comparison period, COVID also had an impact primarily through increased sick leaves.
  • EPS in Q4 amounted to EUR 0.01 (EUR -0.02 in Q1/21), slightly below our estimates and in line with consensus (EUR -0.03/0.01 Evli/cons.).
  • The order backlog in Q1 was EUR 205.1m (EUR 196.5m in Q1/21), up by 4.4% y/y. Order intake was EUR 37.6m in Q1 (Q1/21: EUR 69.8m).
  • Free cash flow amounted to EUR -0.8m (Q1/21: EUR -2.9m).
  • Guidance for 2022 (reiterated): Operating profit is expected to be between EUR 9-13m.
Open Report