After five consecutive quarters of order growth, Handelsbanken believes the industrial sector has moved past the economic downturn and is now on an upward trajectory. The bank forecasts double-digit profit growth starting in 2026 and reiterates its positive outlook for the sector.
Valuations have climbed to approximately 14 times EV/EBIT, which is about 15 percent above the ten-year average, according to the bank.
Handelsbanken highlights Alfa Laval, Atlas Copco, Epiroc, Kalmar, Valmet, SKF, and Volvo as companies that all carry a buy recommendation from the bank.
