Get started

Profitwarning

Nordex: Profit Warning from May 2022 underestimated actual costsRECAP: Back in May 25, 2022, Nordex issued a profit warning and its stock was down -17.05%. The new estimates where: FY2022 PROFIT WARNING ESTIMATES FROM MAY 2022 (Source: Nordex's IR website section): – FY2022 Consolidated sales: EUR 5.2 to 5.7 billion – FY2022 EBITDA-margin: minus 4 to 0 percent, including all one-off effects - Capital expenditure: EUR 180 million - Working capital ratio: below -7% In March 31st, 2023 investors got to know the actual figures of the company. FY2022 ACTUALS (Source: Nordex's IR website section): – FY2022 Consolidated sales: EUR 5.6936 billion – FY2022 EBITDA-margin: -4.3% - Capital expenditure: EUR 204.8 million - Working capital ratio: -10.2% Capital expenditure and staff costs were up 21.4% and 18.5%, respectively. The company suffers from delays in project intakes. Overall, I reckon Consolidated sales were in the upper boundary of the profit warning but costs increased dramatically, probably due to inflation and related supply-chain issues that are still not fully corrected from China today, in 2023.
XETR:NDX1Short
by alexinve
Apple profit warningCoronavirus... people are probably getting tired of this word. Unfortunately, we cannot stop thinking about it and the effects it produces on the world economy and companies. Technological companies beginto publish profit warnings and Apple is one of them. According to the company, "The first is that worldwide iPhone supply will be temporarily constrained. While our iPhone manufacturing partner sites are located outside the Hubei province — and while all of these facilities have reopened — they are ramping up more slowly than we had anticipated. The health and well-being of every person who helps make these products possible is our paramount priority, and we are working in close consultation with our suppliers and public health experts as this ramp continues. These iPhone supply shortages will temporarily affect revenues worldwide." In this context it shouldn´t be a surprise that shares in Asia mostly fell by the close on Tuesday, as the new coronavirus outbreak continued to roil companies amid expectations it would cause a slowdown. Btw, oil prices also fell. Still i wouldnt be surprised to see growth in a couple of days, becuase the fed as well as ECB cotninue with quantitive easing...
NASDAQ:AAPL
by Market_Referee
Balfour Beatty - Share price about to crumble?Sell Balfour Beatty (BBY.L) Balfour Beatty plc is an infrastructure company that provides maintenance, upgrade and management services in power transmission, utilities infrastructure, and road and rail. The Company operates through three segments: Construction Services segment, which is engaged in the physical construction of an asset; Support Services segment, which is engaged in supporting existing assets or functions, such as asset maintenance and refurbishment, and Infrastructure Investments segment, which is engaged in the acquisition operation and disposal of infrastructure assets, such as roads, hospitals, schools, student accommodation. Market Cap: £1.57Billion Balfour Beatty is trading in a long-term downtrend on the chart and is currently at the upper end of a bearish triangle pattern. The price action has been slightly bullish in recent weeks as the shares gapped higher in August on results. Crest Nicholson today posted a profit warning and expect profits to dip over the next 2 years. That could be a warning shot to all construction companies in the UK. We would prefer to reduce exposure to anything construction related at present and look at speculative short positions. Stop: 242p Target 1: 202.4p Target 2: 184.6p Target 3: 168.2p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:BBYShort
by Investamate
Beautiful fall from NokiaNot only crypto can fall 20% in a couple of hours, tradiional stock market also love to surprise investors. Nokie, those undestroyable phones are already thing of the past, now everyone is focused on 5G and Internet of Things, but that's where the problem for nokia is. More competitors, more diffcult to earn new clients. As a result, new progft warning... Nokia now sees 2019 underlying earnings per share (EPS) at 0.18 euros to 0.24 euros and 2020 EPS at 0.20 euros to 0.30 euros. It had earlier forecast 2019 EPS at 0.25 to 0.29 euros, and 2020 EPS in the range of 0.37 to 0.42 euros.” The reason for lower outlook is tougher competition in 5G and the need of further investments to compete. Nokia’s board decided not to distribute the third and fourth quarterly instalments of the dividend for the financial year 2018 in order to increase 5G investments, investments in areas of growth like software and strengthen cash position. Hopefully they achieve to solve the issue soon. Nevertheless, it can be a good opportunity to buy in a couple of days, as shares will finally stop falling.
OMXHEX:NOKIALong
by Market_Referee