Bergman & Beving (OM:BERG B) Stock Q1 EPS Stability Supports Earnings Recovery Narrative

Bergman & Beving (OM:BERG B) has opened Q1 2027 with revenue of SEK 1,325 million and basic EPS of SEK 2.10, alongside trailing twelve month revenue of SEK 5.0 billion and EPS of SEK 8.58. This sets a clear earnings season marker for investors tracking the turnaround story. Over recent quarters the company has seen quarterly revenue move from SEK 1,319 million in Q1 2026 to SEK 1,325 million in Q1 2027, while basic EPS shifted from SEK 2.09 to SEK 2.10 across the same periods. This frames the latest release against a prior stretch that included a reported quarterly loss. Overall, the print points to a business where margins and profitability are increasingly in focus as investors weigh the quality and durability of the current earnings profile.

See our full analysis for Bergman & Beving.

With the headline numbers on the table, the next step is to see how Bergman & Beving's latest results line up against the key stories investors have been telling about its growth potential and earnings recovery.

See what the community is saying about Bergman & Beving

Profit swing in the last 12 months

• On a trailing twelve month basis, Bergman & Beving has moved from a net loss of SEK 52 million one year ago to net income of SEK 229 million on SEK 5.0b of revenue, with Basic EPS shifting from a loss of SEK 1.95 to a positive SEK 8.58 over the same window.
• Analysts' consensus view links this move back to acquisitions and margin work, but the numbers show a trade off:
  • The consensus narrative points to 20 quarters of profit increases and a focus on higher margin products. This lines up with the shift from a quarterly loss of SEK 209 million in Q4 2025 to quarterly profits between SEK 27 million and SEK 88 million across the last five reported quarters.
  • At the same time, five year earnings declined at about 17.4% per year. As a result, the SEK 229 million trailing profit needs to be weighed against a longer history where earnings were weaker on average.

Moderate revenue base, faster earnings forecasts

• Revenue over the last four quarters sits around SEK 5.0b, with quarterly sales between SEK 1,127 million and SEK 1,325 million, while forecasts point to revenue growth of about 3.9% per year and earnings growth of roughly 15.7% per year.
• Consensus narrative expects acquisitions to do much of the lifting for Bergman & Beving, and the data partly supports that, but with some clear conditions:
  • The narrative highlights acquisitions like Levypinta and Ovesta and a target for profitable working capital of 45% by fiscal 2026 to 2027. This is consistent with earnings rising faster than the roughly flat SEK 5.0b revenue base.
  • However, the same narrative flags sluggish Nordic construction and industrial markets and reliance on deals over organic growth. As a result, the modest 3.9% revenue growth forecast sits alongside expectations that margin work and integration are key to achieving the 15.7% earnings growth forecast.

Premium P/E against peers, yet DCF upside

• At a share price of SEK 281.50 and trailing EPS of SEK 8.58, Bergman & Beving trades on a P/E of about 32.7x, above the peer average of 31.5x and the European Trade Distributors group at 19.4x, while the DCF fair value is SEK 513.32 and the allowed analyst price target reference is SEK 353.50.
• Bears focus on valuation and debt, and the figures show why their caution exists alongside some supportive data for a more optimistic view:
  • Critics highlight the premium P/E and a high level of debt, noting that earnings declined at about 17.4% per year over five years. Paying a higher multiple than the 19.4x industry reference therefore hinges on confidence in the recent SEK 229 million profit being sustainable.
  • On the other hand, the stock trades below both the SEK 513.32 DCF fair value and the SEK 353.50 reference target, while the company has recently returned to profit. Bullish investors may see this as a cushion if earnings forecasts near 15.7% growth per year are met.

For a deeper look at how the community weighs these trade offs for Bergman & Beving, including detailed bull and bear cases around this latest profit swing, have a read of the full narrative breakdown before you decide what these numbers mean for your portfolio. 📊 Read the what the Community is saying about Bergman & Beving.

Next Steps

To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for Bergman & Beving on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves.

If the mixed signals around Bergman & Beving leave you unsure, treat this as a prompt to check the data, weigh the trade offs, and see how the balance of risks and rewards stacks up for you personally with 4 key rewards and 1 important warning sign

See What Else Is Out There Beyond Bergman & Beving

Bergman & Beving combines a premium P/E, a history of earnings declines near 17.4% a year, and reliance on acquisitions rather than clear organic growth.

If that mix of valuation stretch, acquisition dependence, and past earnings pressure feels uncomfortable, shift some research time into companies screened as 286 resilient stocks with low risk scores.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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