Bravida Holding AB (publ) BRAV

Stockholm | Industrials | Technical installations and services
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Updated: 24 Oct 2026 Base analysis: 6 Apr 2026

The news check keeps the assessment current.

General analysis — not personal advice.

BUY Clear

Consider adding in tranches (staggered buys) rather than all at once, especially if the stock pulls back after the earnings reaction. Monitor cash flow/working capital and project margins in coming quarters.

Strong data-centre order intake and ongoing buybacks support the buy signal.

Market sentiment Positive ↑
Trend: Improving

The market reacts positively to the sharp order intake and margin expansion that strengthen visibility into 2027.

Risk assessment Low
Dilution: Low Strong cash generation and dividend payer
Jurisdiction: Low Operations limited to the Nordics
Execution: Medium Restructuring and disputes may disrupt delivery

BUY is the call. Positive is the market mood. Low risk means less can go wrong.

Latest change
  • 24 Oct 2026 — Strong organic growth and margin expansion driven by data center orders and improved profitability.

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About the company

Bravida is a Nordic provider of technical installation and service/maintenance for buildings and industrial sites, focused on electrical, plumbing, ventilation/cooling and security systems. The company is profitable and mature, with a large recurring service mix that helps offset cyclicality in new installations.

Sector: Technical installations and services
Type: Industrial
Next report (Annual)
10 Feb 2027
Catalysts
◌
2026
Effects of Swedish coordination Medium
◦
Date TBA
Norway data-centre contract (~NOK 4.5 bn)
◦
Date TBA
Mälardalen data-centre contract SEK 850 M
Bull case

Large data-centre contracts and buyback programmes improve revenue visibility into 2027.

Bear case

Execution risk in large projects and a weaker new-build market may limit margin development.

Why this signal

Strong data-centre order intake and ongoing buybacks support the buy signal.

Recent news
  • Bravida published a strong Q3 report with 9 % organic growth, EBITA up 34 % and a record order book of SEK 24 216 M. A new SEK 100 M buyback programme starts in November and a SEK 157 M contract was signed for the Citylink project.

Key figures

Revenue
Q3 2026
SEK 7.0B
Net income
Q3 2026
SEK 347M
Shares outstanding
Q3 2026
207M
EPS
Q3 2026
SEK 1.68
Exchange
Stockholm
Type
Industrials
Sector
Technical installations and services
Bravida Holding AB (publ) BRAV
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