Recent Insider Transactions • May 03
Chairman of the Board recently bought kr1m worth of stock On the 29th of April, Peter Rejler bought around 7k shares on-market at roughly kr149 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr1.8m. Peter has been a buyer over the last 12 months, purchasing a net total of kr2.8m worth in shares. Reported Earnings • May 02
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: kr2.14 (down from kr2.96 in 1Q 2025). Revenue: kr1.25b (up 3.8% from 1Q 2025). Net income: kr48.8m (down 25% from 1Q 2025). Profit margin: 3.9% (down from 5.4% in 1Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 8.8%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Board Change • May 02
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Susanne Blanke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 30
Rejlers AB (publ) Elects Johan Lannebo as New Board Member Rejlers AB (publ) at its AGM held on April 29, 2026, approved the election of Johan Lannebo as new board member. Price Target Changed • Apr 30
Price target decreased by 13% to kr198 Down from kr228, the current price target is an average from 2 analysts. New target price is 35% above last closing price of kr147. Stock is down 17% over the past year. The company is forecast to post earnings per share of kr10.48 for next year compared to kr8.74 last year. Upcoming Dividend • Apr 23
Upcoming dividend of kr5.25 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 07 May 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Swedish dividend payers (4.0%). Lower than average of industry peers (4.2%). Announcement • Mar 19
Rejlers AB (publ) (OM:REJL B) has signed an agreement with the shareholders of Future Technology AS to acquire Future Technology AS. Rejlers AB (publ) (OM:REJL B) has signed an agreement with the shareholders of Future Technology AS to acquire Future Technology AS on March 18, 2026. The intention is to continue operating Future Technology as a separate limited company under the Rejlers umbrella. Marianne Ask, together with her experienced team, will continue to lead the business and will also be part of the management team of Rejlers Norway.
The expected completion of the transaction is April 1, 2026. Recent Insider Transactions • Feb 12
Chairman of the Board recently bought kr1.8m worth of stock On the 6th of February, Peter Rejler bought around 10k shares on-market at roughly kr176 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Declared Dividend • Feb 07
Dividend increased to kr5.25 Dividend of kr5.25 is 5.0% higher than last year. Ex-date: 30th April 2026 Payment date: 7th May 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 06
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: kr8.80 (down from kr10.03 in FY 2024). Revenue: kr4.75b (up 7.2% from FY 2024). Net income: kr197.4m (down 11% from FY 2024). Profit margin: 4.2% (down from 5.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.8%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Announcement • Feb 04
Rejlers AB (publ) (OM:REJL B) acquired Ingenjörsfirman Rörkraft Ab. Rejlers AB (publ) (OM:REJL B) acquired Ingenjörsfirman Rörkraft Ab on February 1, 2026. As part of consideration, an initial purchase price is partly settled via a non-cash issue of approximately SEK 47.5 million, through the issue of 257,240 series B shares of Rejlers AB and partly in cash. In addition, Rejlers may, subject to certain conditions, pay cash earn-outs based on the next three years' profitability. On completion, Rörkraft will be part of Rejlers Sweden's Industry division as a separate business area and continue to operate under its current brand as part of the Rejlers Group. For the period ending December 31, 2025, Ingenjörsfirman Rörkraft Ab reported total revenue of SEK 122 million with 80 employees.
Rejlers AB (publ) (OM:REJL B) completed the acquisition of Ingenjörsfirman Rörkraft Ab on February 1, 2026. Recent Insider Transactions • Dec 19
President & CEO recently bought kr91k worth of stock On the 17th of December, Viktor Svensson bought around 500 shares on-market at roughly kr182 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr94k. Viktor has been a buyer over the last 12 months, purchasing a net total of kr185k worth in shares. Recent Insider Transactions • Nov 26
President & CEO recently bought kr94k worth of stock On the 24th of November, Viktor Svensson bought around 500 shares on-market at roughly kr189 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Viktor's only on-market trade for the last 12 months. Reported Earnings • Oct 24
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: EPS: kr1.23 (down from kr1.26 in 3Q 2024). Revenue: kr1.03b (up 6.1% from 3Q 2024). Net income: kr27.7m (flat on 3Q 2024). Profit margin: 2.7% (down from 2.9% in 3Q 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 02
Rejlers AB (publ) (OM:REJL B) acquired 51% stake in Spring Advisor Oy. Rejlers AB (publ) (OM:REJL B) acquired 51% stake in Spring Advisor Oy on September 1, 2025. The company’s founders and other shareholders will remain as minority owners and continue in their current roles.
Rejlers AB (publ) (OM:REJL B) completed the acquisition of 51% stake in Spring Advisor Oy on September 1, 2025. Reported Earnings • Jul 16
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: kr1.74 (down from kr2.13 in 2Q 2024). Revenue: kr1.20b (up 5.4% from 2Q 2024). Net income: kr39.2m (down 17% from 2Q 2024). Profit margin: 3.3% (down from 4.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 30
Rejlers AB (publ) (OM:REJL B) acquired Risk Pilot Ab for SEK 84 million. Rejlers AB (publ) (OM:REJL B) acquired Risk Pilot Ab for SEK 84 million on April 29, 2025. The consideration consists of 0.47 million common equity of Rejlers AB (publ) to be issued for common equity of Risk Pilot Ab. Risk Pilot reported turnover of SEK 68 million in 2024.
Rejlers AB (publ) (OM:REJL B) completed the acquisition of Risk Pilot Ab on April 29, 2025. Reported Earnings • Apr 29
First quarter 2025 earnings released: EPS: kr2.96 (vs kr2.91 in 1Q 2024) First quarter 2025 results: EPS: kr2.96 (up from kr2.91 in 1Q 2024). Revenue: kr1.20b (up 9.6% from 1Q 2024). Net income: kr65.4m (up 1.6% from 1Q 2024). Profit margin: 5.4% (down from 5.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Apr 18
Upcoming dividend of kr5.00 per share Eligible shareholders must have bought the stock before 25 April 2025. Payment date: 02 May 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Swedish dividend payers (4.3%). Lower than average of industry peers (3.4%). Declared Dividend • Feb 12
Dividend increased to kr5.00 Dividend of kr5.00 is 11% higher than last year. Ex-date: 25th April 2025 Payment date: 2nd May 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 08
Rejlers AB (publ), Annual General Meeting, Apr 24, 2025 Rejlers AB (publ), Annual General Meeting, Apr 24, 2025. Price Target Changed • Feb 07
Price target increased by 13% to kr213 Up from kr188, the current price target is an average from 2 analysts. New target price is 33% above last closing price of kr159. Stock is up 22% over the past year. The company is forecast to post earnings per share of kr10.66 for next year compared to kr10.03 last year. Reported Earnings • Feb 07
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: kr10.03 (up from kr8.55 in FY 2023). Revenue: kr4.45b (up 8.8% from FY 2023). Net income: kr221.8m (up 20% from FY 2023). Profit margin: 5.0% (up from 4.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Feb 06
Rejlers Appoints Ragnar Holtan as Permanent CEO of Rejlers Norway Rejlers announced that Ragnar Holtan, who has served as acting CEO of Rejlers Norway since October 2024, has now been appointed as the permanent CEO of the company. Ragnar Holtan, 41, holds a Bachelor's degree in Maritime Electro Automation from the University of Sørøst-Norge and joined Rejlers in 2022 through the acquisition of Omega Holtan, where he was the CEO and founder. Ragnar has extensive experience in leading technical consulting firms and has successfully developed the Industry and Energy divisions within Rejlers Norway since becoming part of the company. Over the past few months, Ragnar Holtan has led efforts to implement a plan aimed at reversing the company's performance and strengthening Rejlers Norway's market position. The company, with an annual turnover of just over SEK 300 million, is a strong player across several technical disciplines and plays a vital role in Rejlers' continued growth journey. Announcement • Dec 03
The Alliance Agreement Between Rejlers, Skanska, Sweco, Sipti and APRT Architects Announce Progression of the Project to Its Implementation Phase Metropolitan Area Transport Ltd, responsible for the construction of a new tram depot in Koskela, Helsinki, has approved the progression of the project to its implementation phase. The alliance agreement between Rejlers, Skanska, Sweco, Sipti and APRT Architects marks the start of a continued collaboration between the parties. The tram depot project has ambitious environmental targets, aiming at significantly reducing carbon emissions and contributing to Helsinki's goal of climate neutrality by 2030. The new Koskela tram depot will respond to the demands of rapidly increasing volumes of tram traffic and sustainable urban mobility. The new depot will have 41,000 square metres of gross floor area. Among other things, the depot will have space to store approximately 50 trams, approximately 13 daily maintenance areas, 13 maintenance bays, a lathing track, and areas to store and service the maintenance vehicles. Rejlers will bring strong expertise in technical building services and energy design to the project and is responsible for designing the HVAC, automation, energy, electrical and sprinkler systems. The tram depot project aims to be a pioneer in environmental responsibility, with ambitious environmental targets for carbon emissions, the circular economy, energy solutions and environmental certification. Recent Insider Transactions • Nov 20
President & CEO recently bought kr72k worth of stock On the 18th of November, Viktor Svensson bought around 500 shares on-market at roughly kr144 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Viktor has been a buyer over the last 12 months, purchasing a net total of kr627k worth in shares. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: kr1.26 (vs kr0.79 in 3Q 2023) Third quarter 2024 results: EPS: kr1.26 (up from kr0.79 in 3Q 2023). Revenue: kr973.5m (up 7.5% from 3Q 2023). Net income: kr27.8m (up 59% from 3Q 2023). Profit margin: 2.9% (up from 1.9% in 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 18
President & CEO recently bought kr74k worth of stock On the 14th of August, Viktor Svensson bought around 500 shares on-market at roughly kr148 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Viktor has been a buyer over the last 12 months, purchasing a net total of kr938k worth in shares. Reported Earnings • Jul 16
Second quarter 2024 earnings released: EPS: kr2.13 (vs kr2.21 in 2Q 2023) Second quarter 2024 results: EPS: kr2.13 (down from kr2.21 in 2Q 2023). Revenue: kr1.14b (up 7.8% from 2Q 2023). Net income: kr47.1m (flat on 2Q 2023). Profit margin: 4.1% (down from 4.5% in 2Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 29
President & CEO recently bought kr141k worth of stock On the 26th of April, Viktor Svensson bought around 1k shares on-market at roughly kr141 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr206k. Viktor has been a buyer over the last 12 months, purchasing a net total of kr864k worth in shares. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: kr2.91 (vs kr2.40 in 1Q 2023) First quarter 2024 results: EPS: kr2.91 (up from kr2.40 in 1Q 2023). Revenue: kr1.10b (up 11% from 1Q 2023). Net income: kr64.4m (up 31% from 1Q 2023). Profit margin: 5.9% (up from 4.9% in 1Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Apr 19
Upcoming dividend of kr4.50 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Swedish dividend payers (4.4%). In line with average of industry peers (3.3%). Reported Earnings • Apr 07
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: kr8.55 (down from kr9.72 in FY 2022). Revenue: kr4.09b (up 16% from FY 2022). Net income: kr185.4m (down 5.6% from FY 2022). Profit margin: 4.5% (down from 5.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 27
Rejlers AB (Publ) Announces Board Member, Helena Levander Declines Re-Election Rejlers AB (publ) announced that the board member Helena Levander declines re-election, at its AGM, to be held on 25 April 2024. Recent Insider Transactions • Mar 13
President & CEO recently bought kr206k worth of stock On the 11th of March, Viktor Svensson bought around 2k shares on-market at roughly kr137 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Viktor has been a buyer over the last 12 months, purchasing a net total of kr1.2m worth in shares. Declared Dividend • Feb 07
Dividend of kr4.50 announced Dividend of kr4.50 is the same as last year. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 02
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: kr8.55 (down from kr9.72 in FY 2022). Revenue: kr4.11b (up 17% from FY 2022). Net income: kr185.4m (down 5.6% from FY 2022). Profit margin: 4.5% (down from 5.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Feb 02
Rejlers AB (publ) Proposes Dividend for the Year 2023 The Board of Directors of Rejlers AB (publ) proposed a dividend of SEK 4.50 per share (4.50) for the year 2023. Recent Insider Transactions • Dec 18
Independent Director recently bought kr162k worth of stock On the 15th of December, Patrik Boman bought around 1k shares on-market at roughly kr125 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr172k. Insiders have collectively bought kr3.8m more in shares than they have sold in the last 12 months. Price Target Changed • Nov 20
Price target decreased by 8.5% to kr179 Down from kr195, the current price target is an average from 2 analysts. New target price is 57% above last closing price of kr114. Stock is down 11% over the past year. The company is forecast to post earnings per share of kr7.96 for next year compared to kr9.72 last year. Recent Insider Transactions • Oct 27
President & CEO recently bought kr159k worth of stock On the 25th of October, Viktor Svensson bought around 2k shares on-market at roughly kr106 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr999k. Viktor has been a buyer over the last 12 months, purchasing a net total of kr1.3m worth in shares. Reported Earnings • Oct 26
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr910.9m (up 17% from 3Q 2022). Net income: kr17.5m (down 44% from 3Q 2022). Profit margin: 1.9% (down from 4.0% in 3Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Oct 01
Rejlers AB (publ) (OM:REJL B) acquired Karl Knudsen As. Rejlers AB (publ) (OM:REJL B) acquired Karl Knudsen As on September 29, 2023. The acquisition is part of Rejlers' growth strategy and means that the company strengthens its position in the Trondheim region through a broader and more complete service offering to customers. Karl Knudsen will be part of Rejlers' Buildings division. Karl Knudsen till today has a turnover of NOK 45 million. Karl Knudsen will be part of Rejlers' Buildings division. The company will be consolidated as of October 2, 2023.
Rejlers AB (publ) (OM:REJL B) completed the acquisition of Karl Knudsen As on September 29, 2023. Recent Insider Transactions • Sep 22
Chairman of the Board recently bought kr999k worth of stock On the 15th of September, Peter Rejler bought around 8k shares on-market at roughly kr118 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of kr2.0m worth in shares. Recent Insider Transactions • Sep 11
President & CEO recently bought kr115k worth of stock On the 8th of September, Viktor Svensson bought around 1k shares on-market at roughly kr115 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Viktor has been a buyer over the last 12 months, purchasing a net total of kr1.1m worth in shares. Reported Earnings • Jul 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr1.06b (up 19% from 2Q 2022). Net income: kr47.2m (up 15% from 2Q 2022). Profit margin: 4.4% (down from 4.6% in 2Q 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Professional Services industry in Sweden. Price Target Changed • May 24
Price target increased by 9.2% to kr195 Up from kr179, the current price target is an average from 2 analysts. New target price is 30% above last closing price of kr151. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of kr8.75 for next year compared to kr9.72 last year. Recent Insider Transactions • May 10
Chairman of the Board recently bought kr960k worth of stock On the 4th of May, Peter Rejler bought around 7k shares on-market at roughly kr148 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Recent Insider Transactions • Apr 24
President & CEO recently bought kr161k worth of stock On the 21st of April, Viktor Svensson bought around 1k shares on-market at roughly kr161 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr319k. Viktor has been a buyer over the last 12 months, purchasing a net total of kr963k worth in shares. Upcoming Dividend • Apr 14
Upcoming dividend of kr4.50 per share at 2.7% yield Eligible shareholders must have bought the stock before 21 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Swedish dividend payers (4.9%). Lower than average of industry peers (3.1%). Board Change • Apr 08
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Martina Rejler was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 05
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: kr9.72 (up from kr5.60 in FY 2021). Revenue: kr3.51b (up 21% from FY 2021). Net income: kr196.4m (up 78% from FY 2021). Profit margin: 5.6% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 09
President & CEO recently bought kr319k worth of stock On the 6th of March, Viktor Svensson bought around 2k shares on-market at roughly kr160 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Viktor has been a buyer over the last 12 months, purchasing a net total of kr714k worth in shares. Price Target Changed • Feb 09
Price target increased by 8.6% to kr190 Up from kr175, the current price target is an average from 2 analysts. New target price is 20% above last closing price of kr158. Stock is up 12% over the past year. The company is forecast to post earnings per share of kr9.15 for next year compared to kr9.64 last year. Major Estimate Revision • Feb 09
Consensus EPS estimates increase by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from kr3.55b to kr3.86b. EPS estimate increased from kr7.84 to kr9.15 per share. Net income forecast to shrink 4.3% next year vs 7.1% growth forecast for Professional Services industry in Sweden . Consensus price target of kr179 unchanged from last update. Share price was steady at kr160 over the past week. Reported Earnings • Feb 05
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: kr9.64 (up from kr5.60 in FY 2021). Revenue: kr3.52b (up 22% from FY 2021). Net income: kr196.4m (up 78% from FY 2021). Profit margin: 5.6% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Professional Services industry in Sweden. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Feb 02
Rejlers AB (Publ) Proposes Dividend The Board of Directors of Rejlers AB (publ) proposed a dividend of SEK 4.50 per share (SEK 3.00 per shares). Recent Insider Transactions • Dec 16
Sustainability Director recently bought kr270k worth of stock On the 14th of December, Malin Eiborn bought around 2k shares on-market at roughly kr135 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 30
President & CEO recently bought kr64k worth of stock On the 22nd of November, Viktor Svensson bought around 500 shares on-market at roughly kr128 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Viktor has been a buyer over the last 12 months, purchasing a net total of kr1.2m worth in shares. Reported Earnings • Oct 26
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr781.1m (up 24% from 3Q 2021). Net income: kr31.2m (up 100% from 3Q 2021). Profit margin: 4.0% (up from 2.5% in 3Q 2021). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in Sweden. Announcement • Oct 26
Rejlers AB (publ) to Report Fiscal Year 2023 Results on Feb 02, 2024 Rejlers AB (publ) announced that they will report fiscal year 2023 results on Feb 02, 2024