Recent Insider Transactions • May 22
Board Member recently sold kr.851k worth of stock On the 19th of May, Rune Christensen sold around 3k shares on-market at roughly kr.279 per share. This transaction amounted to 76% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Deputy Chair Jens Andersen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 06
ISS A/S Maintains Earnings Guidance for the Fiscal Year 2026 ISS A/S maintained earnings guidance for the fiscal year 2026. For the year, the company's operating margin is expected to be above 5%. Ankündigung • Mar 22
ISS A/S announces Annual dividend, payable on April 21, 2026 ISS A/S announced Annual dividend of DKK 3.2000 per share payable on April 21, 2026, ex-date on April 17, 2026 and record date on April 20, 2026. Ankündigung • Mar 21
ISS A/S, Annual General Meeting, Apr 16, 2026 ISS A/S, Annual General Meeting, Apr 16, 2026, at 11:00 Romance Standard Time. Location: iss a/s, buddingevej 197, dk-2860, soborg, Denmark Ankündigung • Feb 20
ISS A/S Provides Earnings Guidance for the Fiscal Year 2026 ISS A/S provided earnings guidance for the fiscal year 2026. for the year, the company's operating margin is expected to be above 5%. Ankündigung • Feb 19
ISS A/S (CPSE:ISS) announces an Equity Buyback for DKK 2,500 million worth of its shares. ISS A/S (CPSE:ISS) announces a share repurchase program. Under the program, the company will repurchase up to 24,000,000 shares for DKK 2,500 million. The purchase price paid in connection with acquisition of treasury shares must not deviate by more than 10% from the price quoted on Nasdaq Copenhagen at the time of acquisition and the shares may not be bought at a price exceeding the higher of the share price of the last independent transaction on the trading venue where the purchase is carried out and the highest independent purchase bid on the trading venue where the purchase is carried out. The purpose of the program is to reduce the share capital and to meet obligations arising from the company's share-based incentive program. The program is expected to be completed in two separate tranches. The program will expire on February 22, 2027. Ankündigung • Apr 11
ISS A/S Approves Board Elections ISS A/S at its AGM held on April 11, 2025, approved the election of Jens Bjørn Andersen and Henrik Lind as new members of the Board of Directors. Constitution of the Board of Directors: After the Annual General Meeting, the Board of Directors constituted itself by electing Niels Smedegaard as Chair of the Board of Directors and Jens Bjørn Andersen as Deputy Chair of the Board of Directors. Ankündigung • Feb 21
ISS A/S announces Annual dividend, payable on April 16, 2025 ISS A/S announced Annual dividend of DKK 3.1000 per share payable on April 16, 2025, ex-date on April 14, 2025 and record date on April 15, 2025. Ankündigung • Feb 20
ISS A/S (CPSE:ISS) announces an Equity Buyback for DKK 2,500 million worth of its shares. ISS A/S (CPSE:ISS) announces a share repurchase program. Under the program, the company will repurchase up to DKK 2,500 million worth of its shares. The purchase price paid in connection with acquisition of treasury shares must not deviate by more than 10% from the price quoted on Nasdaq Copenhagen at the time of acquisition and the shares may not be bought at a price exceeding the higher of the share price of the last independent transaction on the trading venue where the purchase is carried out and the highest independent purchase bid on the trading venue where the purchase is carried out. The purpose of the program is to reduce the share capital; and to meet obligations arising from the company's share-based incentive program. The program is expected to be completed in two separate tranches. The program will expire on February 13, 2026. Ankündigung • Jan 10
ISS A/S, Annual General Meeting, Apr 11, 2025 ISS A/S, Annual General Meeting, Apr 11, 2025. Ankündigung • Dec 04
ISS A/S Announces Board Changes ISS A/S announced that a supplementary election of a group employee representative to the Board of Directors of ISS A/S has been held with the following elected as a Board member for the remainder of the existing 4-year term (until April 2027): Tove Møller Eriksen (Head of Optimization and Internal Controls). The newly elected group employee representative, Tove Møller Eriksen, will join the Board of Directors as of December 3, 2024. As alternates Tom Ketil Lund (Global Account Director), Vered Gilboa (People and Culture Director, GKA and Products) and Carsten Rasmussen (Financial Systems Manager) have been elected (in the listed order). Ankündigung • Aug 12
ISS A/S Announces Resignation of Nada Elboayadi as Board Member ISS A/S announced that Nada Elboayadi is stepping down as an employee elected member of the Board of Directors of the company, as of 12 August 2024. Nada Elboayadi joined the ISS A/S Board of Directors in April 2019 as a member elected by the employees and joined the ISS Group 18 years ago. Ankündigung • Apr 11
ISS A/S Approves Election of Henriette Hallberg Thygesen as New Member of the Board of Director ISS A/S announced that at its AGM held on April 11, 2024, shareholders approved the election of Henriette Hallberg Thygesen as new member of the Board of Directors. Upcoming Dividend • Apr 05
Upcoming dividend of kr.2.30 per share Eligible shareholders must have bought the stock before 12 April 2024. Payment date: 16 April 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (2.1%). Declared Dividend • Mar 18
Dividend increased to kr.2.30 Dividend of kr.2.30 is 9.5% higher than last year. Ex-date: 12th April 2024 Payment date: 16th April 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Mar 15
ISS A/S Proposes Dividend for the Year 2023 ISS A/S at its annual meeting to be held on April 11, 2024, proposed distribution of a dividend of DKK 2.3 per share of nominally DKK 1 for the year 2023. Board Change • Mar 09
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Head of Legal Affairs & M&A Support and Employee Representative Director Rune Christensen was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 23
ISS A/S (CPSE:ISS) announces an Equity Buyback for 18,000,000 shares, for DKK 1,000 million. ISS A/S (CPSE:ISS) announces a share repurchase program. Under the program, the company will repurchase up to 18,000,000 shares for a total of DKK 1,000 million. The purchase price paid in connection with acquisition of treasury shares must not deviate by more than 10% from the price quoted on Nasdaq Copenhagen at the time of acquisition and the shares may not be bought at a price exceeding the higher of the share price of the last independent transaction on the trading venue where the purchase is carried out and the highest independent purchase bid on the trading venue where the purchase is carried out. The purpose of the program is to reduce the share capital; and to meet obligations arising from the company's share-based incentive program (LTIP). The program is expected to be completed in two separate tranches of DKK 500 million each. The program will expire on February 19, 2025. Board Change • Jan 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Head of Legal Affairs & M&A Support and Employee Representative Director Rune Christensen was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 09
ISS A/S Appoints Mads Holm as New Group Chief Financial Officer, Effective No Later Than 1 August 2024 ISS A/S announced the appointment of Mads Holm as Group Chief Financial Officer. He will join ISS no later than 1 August 2024 and will be based in the Group’s Headquarters in Copenhagen. Mads Holm joins ISS from Equinor, where he currently holds the position as CFO of Equinor Renewables, as well as Member and former Chair of the Board for Equinor Asset Management. Since joining Equinor in 2012, Mads held several finance leadership positions including responsibility of Financial Reporting, Tax, Treasury, Investor Relations, Asset Management and supply chain excellence. Prior to Equinor, Mads held various positions within Danske Bank where he started in 2003, and he holds an MSc in Finance and Accounting from Copenhagen Business School. Interim Group CFO, Carsten Højlund, will continue in the current role to ensure a smooth hand over when Mads joins. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to kr.121, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Commercial Services industry in the United Kingdom. Total returns to shareholders of 9.2% over the past three years. Ankündigung • Nov 18
ISS A/S Announces Change of Board of Directors ISS A/S announced that Kadir Ünver is stepping down as an employee elected member of the Board of Directors of ISS A/S as of 20 November 2023. For the remaining part of the term, Kadir Ünver will be succeeded by the alternate Rune Christensen, who is Head of Legal Affairs & M&A Support. Board Change • Nov 18
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 10
ISS A/S to Report First Half, 2024 Results on Aug 13, 2024 ISS A/S announced that they will report first half, 2024 results on Aug 13, 2024 Recent Insider Transactions • Nov 05
Key Executive recently bought kr.399k worth of stock On the 3rd of November, Kasper Fangel bought around 3k shares on-market at roughly kr.114 per share. This transaction amounted to 18% 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 kr.4.2m. Kasper has been a buyer over the last 12 months, purchasing a net total of kr.699k worth in shares. Ankündigung • Nov 02
ISS A/S Revises Earnings Guidance for the Year 2023 ISS A/S revised earnings guidance for the year 2023. For the year, the company organic growth is now expected to be around 9% (previously ‘7% – 9%’). Operating margin remains within the previous range (‘4.25% - 4.75%') with underlying margin expected to be around 4.6%. Board Change • Nov 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 25
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Aug 24
Gloria Diana Glang Steps Down as a Member of the Board of Directors of ISS A/S, Effective End of August 2023 ISS A/S announced that Gloria Diana Glang steps down as a member of the Board of Directors. Gloria Diana Glang has taken up a new executive position and is required to step down from board positions in public listed companies. The resignation is effective end of August 2023. Gloria Diana Glang joined the ISS A/S’ Board of Directors in April 2023 and is a member of the Audit & Risk Committee as well as the Transaction Committee. Board Change • Jul 26
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 15
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 28
Key Executive recently bought kr.1.3m worth of stock On the 25th of May, Jacob Aarup-Andersen bought around 10k shares on-market at roughly kr.132 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jacob has been a buyer over the last 12 months, purchasing a net total of kr.2.6m worth in shares. Board Change • May 24
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 10
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Reshma Ramachandran was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 19
High number of new directors Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in 2022. Recent Insider Transactions • Mar 19
Key Executive recently bought kr.1.3m worth of stock On the 17th of March, Jacob Aarup-Andersen bought around 10k shares on-market at roughly kr.129 per share. This transaction amounted to 5.6% 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 Jacob's only on-market trade for the last 12 months. Board Change • Mar 11
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 26
Deputy Chair recently bought kr.313k worth of stock On the 24th of February, Lars Petersson bought around 2k shares on-market at roughly kr.157 per share. This transaction amounted to 67% 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 Lars' only on-market trade for the last 12 months. Board Change • Feb 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 06
ISS A/S to Report First Half, 2023 Results on Aug 10, 2023 ISS A/S announced that they will report first half, 2023 results on Aug 10, 2023 Ankündigung • Nov 05
ISS A/S to Report Fiscal Year 2022 Results on Feb 23, 2023 ISS A/S announced that they will report fiscal year 2022 results on Feb 23, 2023 Board Change • Sep 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down kr.85.0m from profit in 1H 2021). Profit margin: (down from 0.2% in 1H 2021). Over the next year, revenue is forecast to grow 4.7%, compared to a 14% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Board Change • Aug 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Group Workplace Development Director & Employee Elected Director Signe Adamsen was the last director to join the board, commencing their role in the last week. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 31
High number of new directors Deputy Chair Lars Petersson was the last director to join the board, commencing their role in 2022. Board Change • Apr 27
High number of new directors Deputy Chair Lars Petersson was the last director to join the board, commencing their role in 2022. Board Change • Apr 06
High number of new directors Independent Chairman Niels Smedegaard was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr.103, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Commercial Services industry in the United Kingdom. Total loss to shareholders of 47% over the past three years. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: kr.71.4b (up 2.2% from FY 2020). Net income: kr.514.0m (up kr.5.76b from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 1.4%, compared to a 9.4% growth forecast for the industry in the United Kingdom. Board Change • Sep 10
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. Head of Group Health, Safety, Envt. & Quality & Corporate Responsibility, Group VP and Director Joseph Nazareth is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 13
First half 2021 earnings released: EPS kr.0.46 (vs kr.13.78 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: kr.34.4b (down 3.0% from 1H 2020). Net income: kr.85.0m (up kr.2.63b from 1H 2020). Profit margin: 0.2% (up from net loss in 1H 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Executive Departure • Apr 20
Independent Director has left the company On the 13th of April, See Chiang's tenure as Independent Director ended after 6.0 years in the role. We don't have any record of a personal shareholding under See's name. A total of 4 executives have left over the last 12 months. Executive Departure • Apr 20
Independent Chairman of the Board Charles Allen has left the company On the 13th of April, Charles Allen's tenure as Independent Chairman of the Board ended after 7.6 years in the role. We don't have any record of a personal shareholding under Charles' name. A total of 4 executives have left over the last 12 months. Is New 90 Day High Low • Mar 11
New 90-day high: kr.123 The company is up 8.0% from its price of kr.114 on 10 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.235 per share. Reported Earnings • Feb 26
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr.69.8b (down 11% from FY 2019). Net loss: kr.5.24b (down kr.6.40b from profit in FY 2019). Analyst Estimate Surprise Post Earnings • Feb 26
Revenue misses expectations Revenue missed analyst estimates by 0.7%. Over the next year, revenue is forecast to stay flat compared to a 4.2% growth forecast for the Commercial Services industry in the United Kingdom. Is New 90 Day High Low • Dec 02
New 90-day high: kr.117 The company is up 22% from its price of kr.96.36 on 03 September 2020. The British market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.93.27 per share. 
