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HMS Networks AB (HMNKF)
:HMNKF
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Earnings Data
Report Date
Jan 28, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.11Last Year’s EPS
0.21Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 5.27%
|Next Earnings Date:Jul 19, 2018
Earnings Call Sentiment|Neutral
The earnings call highlights the company's strong cost management and strategic restructuring to adapt to challenging market conditions. While there are positive developments such as a new organizational structure and the acquisition of PEAK-System, significant declines in sales and ongoing market weaknesses are concerning. The overall sentiment reflects a challenging environment with cautious optimism for future improvements.Company Guidance
During the Q3 2024 earnings call, the guidance provided revealed several key metrics indicating the company's current financial standing and expectations. HMS Networks reported a 30% decline in organic net sales, attributed to a weak market environment, especially in North America and Germany, while order intake also saw an 8% organic decrease. Despite these challenges, the company managed to reduce its organic operational expenditures by 22%, contributing to an adjusted EBIT of SEK 194 million with a margin of 24.5%. The company is actively working on reducing inventory, with significant inventory reductions achieved, and reported strong cash flow from operations at SEK 205 million. Looking forward, the management anticipates a gradual recovery in 2025, expecting the destocking impact, estimated at SEK 100 million per quarter, to stabilize. They also announced a new organizational structure, focusing on three divisions, and a recent acquisition, PEAK-System, to enhance long-term growth opportunities, specifically in automotive and medical sectors.Cost Control and Profitability
Despite a 30% organic decline in sales, the company maintained an adjusted EBIT margin of 24.5% and achieved a strong cash flow from operations of SEK 205 million, driven by cost control measures and inventory reductions.
New Organizational Structure
The company announced a new organization focused on three divisions—Industrial Data Solutions, Industrial Network Technology, and New Industries—to improve customer focus, integrate acquisitions, and achieve full accountability for financial performance.
Acquisition of PEAK-System
HMS Networks acquired PEAK-System, a profitable German company with EUR 25 million in revenue, to strengthen its New Industries division. The acquisition is expected to provide long-term growth opportunities in the automotive and medical markets.
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HMNKF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HMNKF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 18, 2024 | $36.02 | $36.25 | +0.64% |
| Jul 12, 2024 | $39.00 | $40.50 | +3.85% |
| Apr 16, 2024 | $39.70 | $37.62 | -5.24% |
| Jan 26, 2024 | $47.90 | $47.75 | -0.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does HMS Networks AB (HMNKF) report earnings?
HMS Networks AB (HMNKF) is schdueled to report earning on Jan 28, 2025, TBA Not Confirmed.
What is HMS Networks AB (HMNKF) earnings time?
HMS Networks AB (HMNKF) earnings time is at Jan 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HMNKF EPS forecast?
HMNKF EPS forecast for the fiscal quarter 2024 (Q4) is 0.11.
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