Reported Earnings • Jul 06
Full year 2026 earnings released: EPS: kr18.40 (vs kr13.91 in FY 2025) Full year 2026 results: EPS: kr18.40 (up from kr13.91 in FY 2025). Revenue: kr12.5b (up 7.6% from FY 2025). Net income: kr1.17b (up 33% from FY 2025). Profit margin: 9.3% (up from 7.6% in FY 2025). The increase in margin was driven by higher revenue. Like-for-like sales growth: 7.0% vs FY 2025 Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jun 08
Final dividend of kr7.00 announced Shareholders will receive a dividend of kr7.00. Ex-date: 14th September 2026 Payment date: 18th September 2026 Dividend yield will be 2.7%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 04
Full year 2026 earnings released: EPS: kr36.69 (vs kr13.91 in FY 2025) Full year 2026 results: EPS: kr36.69 (up from kr13.91 in FY 2025). Revenue: kr12.5b (up 7.6% from FY 2025). Net income: kr1.17b (up 33% from FY 2025). Profit margin: 9.3% (up from 7.6% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jun 04
Clas Ohlson Proposes an Extraordinary Dividend Clas Ohlson announced that the Board of Directors proposed an extraordinary dividend of SEK 4.75 per share. Reported Earnings • Mar 12
Third quarter 2026 earnings released: EPS: kr8.09 (vs kr6.72 in 3Q 2025) Third quarter 2026 results: EPS: kr8.09 (up from kr6.72 in 3Q 2025). Revenue: kr4.08b (up 5.7% from 3Q 2025). Net income: kr514.1m (up 21% from 3Q 2025). Profit margin: 13% (up from 11% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jan 05
Upcoming dividend of kr3.50 per share Eligible shareholders must have bought the stock before 12 January 2026. Payment date: 16 January 2026. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (3.6%). New Risk • Dec 18
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr7.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (kr7.1m sold). Reported Earnings • Dec 11
Second quarter 2026 earnings released: EPS: kr4.85 (vs kr3.63 in 2Q 2025) Second quarter 2026 results: EPS: kr4.85 (up from kr3.63 in 2Q 2025). Revenue: kr3.01b (up 7.4% from 2Q 2025). Net income: kr308.3m (up 34% from 2Q 2025). Profit margin: 10% (up from 8.2% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 55% per year whereas the company’s share price has increased by 60% per year. Ankündigung • Dec 11
Clas Ohlson AB (publ), Annual General Meeting, Sep 11, 2026 Clas Ohlson AB (publ), Annual General Meeting, Sep 11, 2026. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to kr301, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 370% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr254 per share. Buy Or Sell Opportunity • Nov 07
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at kr345. The fair value is estimated to be kr280, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 25% in the next 2 years. Declared Dividend • Sep 21
Dividend of kr3.50 announced Shareholders will receive a dividend of kr3.50. Ex-date: 12th January 2026 Payment date: 16th January 2026 Dividend yield will be 1.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 12
First quarter 2026 earnings released First quarter 2026 results: Revenue: kr2.81b (up 7.3% from 1Q 2025). Net income: kr207.7m (up 43% from 1Q 2025). Profit margin: 7.4% (up from 5.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in the United Kingdom. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr376, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 465% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr589 per share. Upcoming Dividend • Sep 08
Upcoming dividend of kr3.50 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (3.7%). Declared Dividend • Jul 07
Final dividend of kr3.50 announced Shareholders will receive a dividend of kr3.50. Ex-date: 15th September 2025 Payment date: 19th September 2025 Dividend yield will be 1.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jun 23
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Jun 13
Full year 2025 earnings released: EPS: kr13.91 (vs kr8.03 in FY 2024) Full year 2025 results: EPS: kr13.91 (up from kr8.03 in FY 2024). Revenue: kr11.6b (up 14% from FY 2024). Net income: kr882.2m (up 74% from FY 2024). Profit margin: 7.6% (up from 5.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jun 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Ankündigung • Jun 12
Clas Ohlson AB (Publ) Proposes Cash Dividend for the Year Ended April 30, 2025 Clas Ohlson AB (publ) proposed dividend is 7.00 SEK per share for the year ended April 30, 2025. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr331, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 303% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr545 per share. Ankündigung • Mar 21
Clas Ohlson Launches Hundreds of New Products Clas Ohlson Launched Hundreds of New Products. A wide range of new products in gardening, hardware, solar lighting, and leisure are now available in Clas Ohlson stores. One area with a lot of new product launches is solar lighting. This category has become increasingly popular among customers in recent years, and this year's new offerings include decorative lanterns and table lamps, as well as functional solar lighting such as bollard lights and wall-mounted lights. Gardening products have also become more sought after. This year's new products include portable greenhouses and a completely new range of irrigation products, featuring everything from mobile hose reels to a solar-powered automatic watering system for pots. The season's colours are soft pastels in shades of pink, green, and yellow. These colours feature in the new picnic range, which includes two new kids' cool bags perfect for a day at the beach. For those planning to travel, Clas Ohlson is launching several new suitcases and backpacks. There is also an updated selection of power banks and mobile chargers. Spring and summer are the peak seasons for sales of products related to building, maintenance, and repairs. Many new products designed to make DIY projects easier are being launched, including a new series of laser measuring tools under the Clas Ohlson brand. Clas Ohlson is also relaunching the affordable Cocraft LXC battery platform, with 20 new tools and garden machines, all powered by the same battery. Reported Earnings • Mar 12
Second quarter 2025 earnings released: EPS: kr3.63 (vs kr2.74 in 2Q 2024) Second quarter 2025 results: EPS: kr3.63 (up from kr2.74 in 2Q 2024). Revenue: kr2.80b (up 14% from 2Q 2024). Net income: kr230.1m (up 33% from 2Q 2024). Profit margin: 8.2% (up from 7.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to kr222, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 158% over the past three years. Ankündigung • Feb 28
Clas Ohlson Launches 20 New Tools and Garden Machines on Updated Battery Platform Clas Ohlson launched 20 new tools and garden machines on updated battery platform. Company is relaunching its own battery platform, Cocraft LXC, with an entirely new range of value-for money battery-powered tools and garden equipment. Among the new products is a drill, which comes with a charger and battery, for 499 SEK, and a battery-powered grass trimmer for 799 SEK, including the battery and charger. Many of the products feature brushless motors, making them more energy-efficient and significantly increasing their longevity. The new Cocraft LXC range includes 18V Lithium-Ion batteries with capacities of 2.0 Ah, 4.0 Ah, and 6.0 Ah. All batteries are compatible with the battery-powered tools Clas Ohlson has previously sold. The new Cocraft LXC range will be available in Clas Ohlson stores from March onwards. Later this year, another ten products will be added to the series. Ankündigung • Jan 15
Clas Ohlson AB (publ), Annual General Meeting, Sep 12, 2025 Clas Ohlson AB (publ), Annual General Meeting, Sep 12, 2025. Upcoming Dividend • Jan 06
Upcoming dividend of kr2.12 per share Eligible shareholders must have bought the stock before 13 January 2025. Payment date: 17 January 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (3.9%). Reported Earnings • Dec 05
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr2.80b (up 14% from 2Q 2024). Net income: kr230.1m (up 33% from 2Q 2024). Profit margin: 8.2% (up from 7.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the United Kingdom. Recent Insider Transactions • Sep 16
Insider recently bought kr1.1m worth of stock On the 12th of September, Tina Englyst bought around 7k shares on-market at roughly kr155 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr21m more in shares than they bought in the last 12 months. Reported Earnings • Sep 05
First quarter 2025 earnings released First quarter 2025 results: Revenue: kr2.62b (up 20% from 1Q 2024). Net income: kr145.8m (up kr172.2m from 1Q 2024). Profit margin: 5.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 03
Upcoming dividend of kr2.13 per share Eligible shareholders must have bought the stock before 09 September 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (3.2%). Declared Dividend • Aug 19
Dividend increased to kr4.25 Dividend of kr4.25 is 183% higher than last year. Ex-date: 9th September 2024 Payment date: 13th September 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Aug 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (kr23m sold). Recent Insider Transactions • Jul 08
President & CEO recently bought kr550k worth of stock On the 5th of July, Kristofer Tonström bought around 3k shares on-market at roughly kr175 per share. This transaction amounted to 10% 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 Kristofer's only on-market trade for the last 12 months. New Risk • Jun 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Significant insider selling over the past 3 months (kr23m sold). Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr171, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 132% over the past three years. Recent Insider Transactions • Jun 10
Director recently sold kr23m worth of stock On the 5th of June, Mathias Haid sold around 141k shares on-market at roughly kr162 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr22m more than they bought in the last 12 months. Reported Earnings • Jun 06
Full year 2024 earnings released: EPS: kr8.03 (vs kr2.85 in FY 2023) Full year 2024 results: EPS: kr8.03 (up from kr2.85 in FY 2023). Revenue: kr10.2b (up 13% from FY 2023). Net income: kr508.6m (up 182% from FY 2023). Profit margin: 5.0% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Ankündigung • Jun 06
Clas Ohlson AB (Publ) Proposes Dividend Clas Ohlson AB (publ) proposed dividend of SEK 4.75. The Board's proposal to distribute SEK 4.25 per share means an increase of the dividend by SEK 2.75 per share compared to last year. New Risk • Mar 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 07
Third quarter 2024 earnings released: EPS: kr5.07 (vs kr2.50 in 3Q 2023) Third quarter 2024 results: EPS: kr5.07 (up from kr2.50 in 3Q 2023). Revenue: kr3.41b (up 16% from 3Q 2023). Net income: kr321.0m (up 103% from 3Q 2023). Profit margin: 9.4% (up from 5.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Ankündigung • Jan 25
Clas Ohlson AB (publ) Announces Appointment of Nomination Committee Clas Ohlson AB (publ) announced Nomination Committee is to comprise the Chairman of the Board and four members representing the four largest registered owners or shareholders known in some other manner. The Haid and Tidstrand families are to appoint one member each to the Nomination Committee. Prior to the 2024 Annual General Meeting, Clas Ohlson's Nomination Committee will comprise the following members: Kenneth Bengtsson, Chairman of the Board of Clas Ohlson AB Malin Persson, nominated by the Haid owner family (chairman) Johan Ståhl, nominated by the Tidstrand owner family Fredrik Ahlin, If Skadeförsäkring AB Richard Torgerson, Nordea Funds The Nomination Committee's assignment is to present to the coming Annual General Meeting proposals concerning the election of the Chairman of the Board and other Board members and regarding the choice of auditors, as well as fees and other remuneration for Board assignments to each of the Board members and to the auditor. The Nomination Committee is also to submit proposals concerning the Chairman of the Annual General Meeting. Reported Earnings • Dec 08
Second quarter 2024 earnings released: EPS: kr2.74 (vs kr1.10 in 2Q 2023) Second quarter 2024 results: EPS: kr2.74 (up from kr1.10 in 2Q 2023). Revenue: kr2.46b (up 9.3% from 2Q 2023). Net income: kr173.4m (up 150% from 2Q 2023). Profit margin: 7.0% (up from 3.1% in 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to kr152, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 140% over the past three years. Ankündigung • Nov 23
Clas Ohlson AB (publ) to Report Fiscal Year 2024 Results on Jun 05, 2024 Clas Ohlson AB (publ) announced that they will report fiscal year 2024 results on Jun 05, 2024 Ankündigung • Nov 22
Clas Ohlson AB (publ), Annual General Meeting, Sep 06, 2024 Clas Ohlson AB (publ), Annual General Meeting, Sep 06, 2024. Ankündigung • Nov 09
Clas Ohlson AB (publ) (OM:CLAS B) acquired 91% of the shares in Spares Nordic AB from Verdane. Clas Ohlson AB (publ) (OM:CLAS B) entered into an agreement to acquire 91% of the shares in Spares Nordic AB from Verdane for approximately SEK 500 million on October 2, 2023.The initial purchase price for 91% of the shares in Spares corresponds to SEK 430 million. There is an additional purchase price of up to SEK 225 million subject to the fulfilment of certain growth and profitability targets during a period that ends at the earliest on May 31, 2024, and at the latest on July 31, 2024. At full additional purchase price, the multiple can amount to a maximum of 10.5x Spares’ EBITA. The deal is financed through bank facilities and cash. Verdane, which has been the main owner of the company since 2018, as well as certain minor shareholders including Spares management. In conjunction with the transaction, the company's CEO Talal Alshammari and several key employees are reinvesting a significant part of their shareholdings. Spares will continue to run operations as a separate company under a decentralised structure and will be consolidated into the Clas Ohlson Group. The transaction is subject to customary regulatory approvals and closing conditions. The initial purchase price shall be paid upon closing, which is expected to take place in November 2023. Carnegie Investment Bank AB (publ) acted as financial advisor, Advokatfirman Lindahl acted as legal advisor, ARC provided commercial and digital assistance , PricewaterhouseCoopers Sweden acted as accountant to Clas Ohlson AB (publ) (OM:CLAS B).
Clas Ohlson AB (publ) (OM:CLAS B) acquired 91% of the shares in Spares Nordic AB from Verdane on November 8, 2023. Ankündigung • Sep 09
Clas Ohlson AB (Publ) Approves Dividend, Payable 15 September 2023 Clas Ohlson AB (publ) announced that the Board's proposed dividend to shareholders of SEK 1.50 per share was approved. The record date was set as 12 September 2023. Payment of the dividend is expected to be made from Euroclear Sweden AB on 15 September 2023. Reported Earnings • Sep 07
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr2.19b (up 7.3% from 1Q 2023). Net loss: kr26.4m (loss widened 9.5% from 1Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Specialty Retail industry in the United Kingdom. Upcoming Dividend • Sep 04
Upcoming dividend of kr1.50 per share at 1.5% yield Eligible shareholders must have bought the stock before 11 September 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (3.1%). Ankündigung • Aug 03
Clas Ohlson AB (Publ) Proposes Dividend, Payable 12 September 2023 The Board of Clas Ohlson AB (publ) proposes a dividend of SEK 1.50 per share, corresponding to a total of SEK 98,400,000. The proposed record date for payment of the dividend is 12 September 2023. If the AGM resolves in accordance with the proposal, the dividend is expected to be distributed from Euroclear Sweden AB on 15 September 2023. Recent Insider Transactions • Aug 01
Chief Financial Officer recently bought kr210k worth of stock On the 28th of July, Pernilla Walfridsson bought around 3k shares on-market at roughly kr83.97 per share. This transaction amounted to 36% 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 kr732k. This was Pernilla's only on-market trade for the last 12 months. New Risk • Jul 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Reported Earnings • Jul 09
Full year 2023 earnings released: EPS: kr2.85 (vs kr8.25 in FY 2022) Full year 2023 results: EPS: kr2.85 (down from kr8.25 in FY 2022). Revenue: kr9.02b (up 2.7% from FY 2022). Net income: kr180.6m (down 65% from FY 2022). Profit margin: 2.0% (down from 5.9% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jun 24
President & CEO recently bought kr203k worth of stock On the 22nd of June, Kristofer Tonström bought around 3k shares on-market at roughly kr76.75 per share. This transaction amounted to 9.6% 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 kr732k. Kristofer has been a buyer over the last 12 months, purchasing a net total of kr1.0m worth in shares. Ankündigung • Jun 14
Clas Ohlson AB (publ) to Report Fiscal Year 2023 Results on Jul 07, 2023 Clas Ohlson AB (publ) announced that they will report fiscal year 2023 results at 11:00 AM, Central European Standard Time on Jul 07, 2023 Recent Insider Transactions • Jun 11
Independent Chairman of the Board recently bought kr732k worth of stock On the 8th of June, Kenneth Bengtsson bought around 10k shares on-market at roughly kr73.18 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kenneth has been a buyer over the last 12 months, purchasing a net total of kr1.5m worth in shares. Reported Earnings • Jun 08
Full year 2023 earnings released: EPS: kr2.85 (vs kr8.25 in FY 2022) Full year 2023 results: EPS: kr2.85 (down from kr8.25 in FY 2022). Revenue: kr9.02b (up 2.7% from FY 2022). Net income: kr180.6m (down 65% from FY 2022). Profit margin: 2.0% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 09
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr2.95b (up 4.3% from 3Q 2022). Net income: kr158.3m (down 45% from 3Q 2022). Profit margin: 5.4% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr77.95, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 13% over the past three years. Ankündigung • Jan 19
Clas Ohlson AB Announces Nomination Committee Appointments Clas Ohlson AB announced in accordance with the applicable nomination procedure, as adopted by the Annual General Meeting, Clas Ohlson’s Nomination Committee is to comprise the Chairman of the Board and four members representing the four largest registered owners or shareholders known in some other manner. The Haid and Tidstrand families are to appoint one member each to the Nomination Committee. Prior to the 2023 Annual General Meeting, Clas Ohlson’s Nomination Committee will comprise the following members: Kenneth Bengtsson, Chairman of the Board of Clas Ohlson AB; Malin Persson, nominated by the Haid owner family (chairman); Johan Ståhl, nominated by the Tidstrand owner family; Ricard Wennerklint, nominated by If Skadeförsäkring AB; and Richard Torgerson, nominated by Nordea Funds. The composition of the Nomination Committee is based on the owner relationship at 30 September 2022. The Nomination Committee represents approximately 72% of the total number of company shares (votes). The above Nomination Committee will serve until a new Nomination Committee has been elected. Upcoming Dividend • Jan 09
Upcoming dividend of kr6.50 per share Eligible shareholders must have bought the stock before 16 January 2023. Payment date: 20 January 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.7%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.7%). Reported Earnings • Dec 10
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr2.25b (up 6.3% from 2Q 2022). Net income: kr69.5m (down 53% from 2Q 2022). Profit margin: 3.1% (down from 7.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 09
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr2.04b (flat on 1Q 2022). Net loss: kr24.1m (down 123% from profit in 1Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 17% share price decline to kr80.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Upcoming Dividend • Sep 05
Upcoming dividend of kr6.50 per share Eligible shareholders must have bought the stock before 12 September 2022. Payment date: 16 September 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 7.0%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (3.4%). Reported Earnings • Jul 15
Full year 2022 earnings released: EPS: kr8.25 (vs kr6.66 in FY 2021) Full year 2022 results: EPS: kr8.25 (up from kr6.66 in FY 2021). Revenue: kr8.78b (up 6.0% from FY 2021). Net income: kr522.5m (up 24% from FY 2021). Profit margin: 5.9% (up from 5.1% in FY 2021). The increase in margin was driven by higher revenue. Like-for-like sales growth: 4.0% vs FY 2021 Over the next year, revenue is forecast to grow 4.8%, compared to a 8.0% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 06
Clas Ohlson AB (publ) to Report Q4, 2023 Results on Jun 08, 2023 Clas Ohlson AB (publ) announced that they will report Q4, 2023 results at 7:00 AM, Central European Standard Time on Jun 08, 2023 Recent Insider Transactions • Jun 14
Chief Financial Officer recently sold kr461k worth of stock On the 8th of June, Par Christiansen sold around 4k shares on-market at roughly kr122 per share. In the last 3 months, they made an even bigger sale worth kr676k. Par has been a seller over the last 12 months, reducing personal holdings by kr1.8m. Reported Earnings • Jun 09
Full year 2022 earnings released Full year 2022 results: Revenue: kr8.78b (up 6.0% from FY 2021). Net income: kr522.5m (up 24% from FY 2021). Profit margin: 5.9% (up from 5.1% in FY 2021). The increase in margin was driven by higher revenue. Like-for-like sales growth: 4.0% vs FY 2021 Over the next year, revenue is forecast to grow 5.0%, compared to a 11% growth forecast for the retail industry in the United Kingdom. Recent Insider Transactions • Mar 11
Independent Director recently bought kr239k worth of stock On the 9th of March, Mengmeng Du bought around 3k shares on-market at roughly kr95.72 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr616k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 10
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: kr2.83b (up 7.4% from 3Q 2021). Net income: kr286.7m (up 8.2% from 3Q 2021). Profit margin: 10% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.4%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jan 16
Chief Financial Officer recently sold kr625k worth of stock On the 13th of January, Par Christiansen sold around 5k shares on-market at roughly kr125 per share. This was the largest sale by an insider in the last 3 months. This was Par's only on-market trade for the last 12 months. Upcoming Dividend • Jan 03
Upcoming dividend of kr3.12 per share Eligible shareholders must have bought the stock before 10 January 2022. Payment date: 14 January 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 10
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: kr2.34 (up from kr1.65 in 2Q 2021). Revenue: kr2.12b (up 4.0% from 2Q 2021). Net income: kr148.1m (up 42% from 2Q 2021). Profit margin: 7.0% (up from 5.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 4.7%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 15% share price gain to kr130, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr174 per share. 
