SinterCast adds Aktiespararna for commissioned research
Press Release
For Immediate Distribution
[Stockholm, 5 April 2024] – SinterCast announces the appointment of Aktiespararna, Sweden’s largest independent shareholder association, as a new analyst for commissioned research. In conjunction with the appointment, Aktiespararna has today published its initiation report “Analysguiden”. The comprehensive 29-page report has been distributed to more than 70,000 Aktiespararna members and is available on the Aktiespararna website: https://www.aktiespararna.se/. The original Swedish report is also available on the SinterCast website: www.sintercast.com. An unofficial English translation will be made available soon.
The initiation report provides an upbeat assessment of SinterCast and its growth opportunities. Indeed, Analysguiden’s Head of Analysis, Mikael Näslund, ranked SinterCast as the number one investment opportunity among publicly listed Swedish companies for the combined ‘Magic Rank’ criteria of undervalued share price and high profitability. The report concludes that the main forecast scenario justifies a current share price of SEK 150 per share, representing 50% growth above the current market value.
The suite of services provided by Aktiespararna will include published analyst reports after each quarterly report and investor presentations at Aktiespararna Investor Day events. The dates for SinterCast presentations in 2024 have been set for 11 June and 26 November.
“Following our most recent presentation as an invited guest at the Aktiespararna investor event in September 2023, we are pleased to introduce Aktiespararna as a new independent analyst. Together with the analyst coverage provided by ABG Sundal Collier and other financial journals, the addition of Aktiespararna broadens our reach and our ability to increase the awareness of our good story” said Dr Steve Dawson, President & CEO of SinterCast. “As with the reports published by ABG, the reports published by Aktiespararna are independently compiled. SinterCast does not have any influence over the content and the reports should not be regarded as investment advice from SinterCast”
For more information:
Dr Steve Dawson
President & CEO
SinterCast AB (publ)
Mobile: +44 771 002 6342
e-mail: steve.dawson@sintercast.com
Founded in 1966, Aktiespararna is the largest independent shareholders’ association in Sweden. The association strives to make shareholding accessible to all individuals, simplifying the complicated, removing expensive fees, and making is safer to trade in shares. Education and advice have always been core values of the association, aided by the publication of Aktiespararen which has grown to become one of Sweden’s leading investment newspapers. For more information: www.aktiespararna.se
SinterCast® is the world’s leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). The properties of CGI enable improved transport solutions, increasing efficiency and reducing carbon emissions in passenger vehicle, commercial vehicle and industrial power applications. As a specialist supplier of precision measurement and process control solutions to the metals industry, SinterCast also supplies the SinterCast Ladle Tracker® and SinterCast Cast Tracker® technologies, to improve production efficiency and Industry 4.0 traceability in a variety of applications. With 57 installations in 13 countries, SinterCast is a publicly traded company, quoted on the Small Cap segment of the Nasdaq Stockholm stock exchange (SINT). For more information: www.sintercast.com
END