NCAB Group AB Acquires B&B Leiterplattenservice

On April 24, 2025, NCAB Group AB, a Swedish information technology company specializing in electronic components and printed circuit boards, announced the acquisition of 100% of B&B Leiterplattenservice GmbH, a German company. This strategic move is expected to enhance NCAB’s service offerings and expand its footprint in the European market. The acquisition was valued at 135 million SEK, with a potential additional purchase price of up to 28 million SEK.

Financial Outlook and Earnings Report

NCAB Group AB is set to present its quarterly results on April 25, 2025, covering the period ending March 31, 2025. Analysts anticipate a slight decrease in earnings per share (EPS) to 0.434 SEK from 0.480 SEK in the previous year. The expected revenue for the quarter is projected at 938.6 million SEK, marking a 1.27% decline from the 950.6 million SEK reported in the same quarter of the previous year.

For the current fiscal year, analysts predict an EPS of 1.70 SEK, up from 1.36 SEK in the prior year. Revenue forecasts suggest a total of 3.86 billion SEK, indicating a positive outlook despite the recent acquisition.

Dividend Proposal Withdrawn

In a recent development, NCAB Group AB’s board has decided to withdraw its previous dividend proposal, citing increased economic uncertainty as the primary reason. This decision reflects a cautious approach amid the current financial climate, where many Swedish companies are exploring the integration of artificial intelligence (AI) to drive growth. However, the effectiveness of these initiatives remains largely unproven, with few companies able to demonstrate tangible financial benefits.

Market Performance

As of April 22, 2025, NCAB Group AB’s stock closed at 47.28 SEK, with a 52-week high of 89.7 SEK on July 14, 2024, and a low of 39.42 SEK on April 10, 2025. The company’s market capitalization stands at 8.48 billion SEK, with a price-to-earnings ratio of 33.33.

This acquisition and the upcoming earnings report are pivotal for NCAB Group AB as it navigates the challenges and opportunities within the electronic equipment and components industry.