Solwers is a consulting company focused on the industrial sector. The company specializes in digital solutions that concern planning and project management services. Examples of the company's services include architecture, technical consulting, environmental monitoring, project management, circular economy, and digital solutions. The customers are found in a number of industries and mainly among small and medium-sized corporate customers. Solwers operates worldwide with the largest presence in the Nordic region.
Solwers' Q3 figures came in below our forecast, which we believe reflects sluggish market conditions and, to some extent, higher-than-expected seasonality.
Solwers publicerade sin rapport för det tredje kvartalet den 29/11. I intervjun berättar VD Stefan Nyström vad Solwers gör och pratar om Q3-rapporten. Han pratar även om expansionen till Polen, bolagets förvärv och framtidsutsikter.
Solwers will publish its Q3 business review this Friday. We expect the company's revenue to have increased year-on-year due to acquisitions, although the figures for the comparison period are not known.
The expansion, which is still in the planning stage, will begin with the establishment of a subsidiary in the country, while potential acquisition targets in the region are also explored.
Solwers: an industry consolidator in the field of technical consulting and design with 29 operational subsidiaries in Finland and Sweden. Growth strategy: more M&A’s on the agenda! Our current recommendation: Buy! Analyst Petri Gostowski summarizes.
The H1 results published by Solwers on Friday were slightly below our forecasts, but this was mainly due to non-recurring items. We have made only minor downward revisions to our organic forecasts, while also taking into account the recent acquisitions. Against this background, the overall changes made to our forecasts were not large. In our view, the stock has clear upside, provided the company manages to improve its balance sheet efficiency and execute successful acquisitions in line with its strategy.
This morning, Solwers published its H1 report. The development in the first half of the year was mixed, as the brighter-than-expected revenue performance in a sluggish market was not reflected in the company's result as expected, with profitability declining more than expected.