Anuncio • May 20
Altri, SGPS, S.A. announces Annual dividend, payable on May 28, 2026 Altri, SGPS, S.A. announced Annual dividend of EUR 0.2500 per share payable on May 28, 2026, ex-date on May 26, 2026 and record date on May 27, 2026. Anuncio • Apr 28
Altri, SGPS, S.A. to Report Q1, 2026 Results on May 21, 2026 Altri, SGPS, S.A. announced that they will report Q1, 2026 results on May 21, 2026 Anuncio • Jan 23
Altri, SGPS, S.A. to Report Fiscal Year 2025 Results on Mar 19, 2026 Altri, SGPS, S.A. announced that they will report fiscal year 2025 results on Mar 19, 2026 Anuncio • Jul 24
Altri, SGPS, S.A. (ENXTLS:ALTR) completed the acquisition of 58.7% stake in HeiQ AeoniQ Holding AG. Altri, SGPS, S.A. (ENXTLS:ALTR) signed an agreement to acquire an unknown minority stake in HeiQ AeoniQ Holding AG on July 1, 2025. The Altri investment, including a capital increase. With capital increase, Altri will acquire a majority stake in AeoniQ. The acquisition will enable the development of the world's first AeoniQ industrial unit, which will be built at Altri's fiber mill in Caima, Constância. Construction is scheduled to begin in 2026, with an initial capacity of 1,750 tons per year.
The completion of the acquisition is subject to the fulfilment of closing conditions, as is standard in transactions of this nature. The companies expect the process to be completed in third quarter of 2025. Daniel Hasler of Homburger AG acted as legal advisor to Altri, SGPS, S.A.
Altri, SGPS, S.A. (ENXTLS:ALTR) completed the acquisition of 58.7% stake in HeiQ AeoniQ Holding AG on July 23, 2025. HeiQ Materials AG, Boss and MAS Holdings remain as co-investors in the company and after the completion of the acquisition, The Lycra Company also maintains exclusive distribution rights. Anuncio • May 07
Altri, SGPS, S.A. announces Annual dividend, payable on May 19, 2025 Altri, SGPS, S.A. announced Annual dividend of EUR 0.3000 per share payable on May 19, 2025, ex-date on May 15, 2025 and record date on May 16, 2025. Anuncio • Apr 07
Altri, SGPS, S.A., Annual General Meeting, Apr 28, 2025 Altri, SGPS, S.A., Annual General Meeting, Apr 28, 2025. Location: rua manuel pinto de azevedo 818, porto Portugal Anuncio • Jan 24
Altri, SGPS, S.A. (ENXTLS:ALTR) signed an agreement to acquire Greenalia Forest, S.L. and Greenalia Logistics, S.L. from Smarttia Spain, S.L.U. Altri, SGPS, S.A. (ENXTLS:ALTR) signed an agreement to acquire Greenalia Forest, S.L. and Greenalia Logistics, S.L. from Smarttia Spain, S.L.U. on January 23, 2025.
The completion of this acquisition is subject to the verification of a set of preconditions, a usual procedure in transactions of this nature. The company expects that this process will be concluded by the end of the first quarter of 2025. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: €0.21 (vs €0.74 in FY 2022) Full year 2023 results: EPS: €0.21 (down from €0.74 in FY 2022). Revenue: €752.4m (down 28% from FY 2022). Net income: €42.8m (down 72% from FY 2022). Profit margin: 5.7% (down from 14% in FY 2022). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe. 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 6% per year, which means it is significantly lagging earnings. Anuncio • Apr 13
Altri, SGPS, S.A., Annual General Meeting, May 03, 2024 Altri, SGPS, S.A., Annual General Meeting, May 03, 2024, at 11:00 Coordinated Universal Time. Location: The company's head office in Rua Manuel Pinto de Azevedo, 818, Porto Portugal Agenda: To consider Discuss and decide on the financial statements for the year 2023, including the separate and consolidated accounts and respective annexes, the Corporate Governance Report (which includes the Remuneration Report), the Integrated Management Report (which includes the Non-Financial Information Report), and other corporate information and supervisory and audit documents;to consider Decide on the proposed appropriation of the net profit for the year ended 31st of December 2023 and, additionally, on the distribution of dividends in cash;to consider Assess the management and audit of the Company in accordance with article 455 of the Portuguese Companies Code;to consider Vote for the representative of the Statutory Auditor for the current three-year term 2023-2025;to consider Deliberate on the granting of authorization to the Board of Directors for the acquisition and sale ofown bonds to the legal limit of 10%; and to consider other matters. Board Change • Apr 04
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. 4 experienced directors. 7 highly experienced directors. CFO & Director Vitor Miguel Martins de Silva was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Jan 20
Altri, SGPS, S.A. to Report Fiscal Year 2023 Results on Mar 21, 2024 Altri, SGPS, S.A. announced that they will report fiscal year 2023 results on Mar 21, 2024 Anuncio • May 11
Altri, SGPS, S.A. acquired a 13.47% stake in Greenvolt - Energias Renováveis, S.A. Altri, SGPS, S.A. acquired a 13.47% stake in Greenvolt - Energias Renováveis, S.A. on May 9, 2023.Altri, SGPS, S.A. completed the acquisition of a 13.47% stake in Greenvolt - Energias Renováveis, S.A. on May 9, 2023. Board Change • May 03
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. 4 experienced directors. 7 highly experienced directors. CFO & Director Vitor Miguel Martins de Silva was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: €0.74 (vs €0.60 in FY 2021) Full year 2022 results: EPS: €0.74 (up from €0.60 in FY 2021). Revenue: €1.07b (up 36% from FY 2021). Net income: €152.1m (up 23% from FY 2021). Profit margin: 14% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 14% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Anuncio • Jan 14
Altri, SGPS, S.A. to Report Fiscal Year 2022 Results on Mar 23, 2023 Altri, SGPS, S.A. announced that they will report fiscal year 2022 results on Mar 23, 2023 Reported Earnings • Nov 26
Third quarter 2022 earnings released: EPS: €0.23 (vs €0.23 in 3Q 2021) Third quarter 2022 results: EPS: €0.23. Revenue: €284.1m (up 15% from 3Q 2021). Net income: €47.7m (flat on 3Q 2021). Profit margin: 17% (down from 20% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 10% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chairman Alberto Joao de Castro was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chairman Alberto Joao de Castro was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chairman Alberto Joao de Castro was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 30
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €272.4m (up 32% from 2Q 2021). Net income: €39.8m (up 26% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 1.8% compared to a 5.7% growth forecast for the industry in the United Kingdom. Buying Opportunity • Jul 30
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €7.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 17%. For the next 3 years, revenue is forecast to decline by 8.6% per annum. Earnings is also forecast to decline by 16% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 27% share price gain to €6.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Forestry industry in Europe. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.41 per share. Board Change • Jun 30
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chairman Alberto Joao de Castro was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 28
First quarter 2022 earnings released: EPS: €0.10 (vs €0.064 in 1Q 2021) First quarter 2022 results: EPS: €0.10 (up from €0.064 in 1Q 2021). Revenue: €249.2m (up 40% from 1Q 2021). Net income: €21.1m (up 60% from 1Q 2021). Profit margin: 8.5% (up from 7.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.5%, compared to a 8.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% 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. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 25% share price decline to €5.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Forestry industry in Europe. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.78 per share. Board Change • May 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Chairman Alberto Joao de Castro was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 13
Full year 2021 earnings released: EPS: €0.60 (vs €0.12 in FY 2020) Full year 2021 results: EPS: €0.60 (up from €0.12 in FY 2020). Revenue: €785.2m (up 38% from FY 2020). Net income: €123.7m (up 401% from FY 2020). Profit margin: 16% (up from 4.4% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 10%, compared to a 4.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Apr 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Mar 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Feb 02
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 20
Third quarter 2021 earnings released: EPS €0.23 (vs €0.07 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €248.4m (up 77% from 3Q 2020). Net income: €48.1m (up 219% from 3Q 2020). Profit margin: 19% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Oct 28
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 05
Second quarter 2021 earnings released: EPS €0.15 (vs €0.012 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €205.9m (up 28% from 2Q 2020). Net income: €31.7m (up €29.2m from 2Q 2020). Profit margin: 15% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Board Change • Oct 05
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 07
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 11 non-independent directors. Independent Non-Executive Director Laurentina da Silva Martins was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Jul 03
First quarter 2021 earnings released: EPS €0.064 (vs €0.033 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €179.2m (up 9.0% from 1Q 2020). Net income: €13.2m (up 94% from 1Q 2020). Profit margin: 7.4% (up from 4.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 18% share price gain to €6.42, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Forestry industry in Europe. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.03 per share. Is New 90 Day High Low • Feb 13
New 90-day high: €5.46 The company is up 40% from its price of €3.90 on 13 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.40 per share. Reported Earnings • Dec 01
Third quarter 2020 earnings released: EPS €0.07 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €140.1m (down 18% from 3Q 2019). Net income: €15.1m (down 34% from 3Q 2019). Profit margin: 11% (down from 13% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 01
New 90-day high: €4.65 The company is up 7.0% from its price of €4.32 on 02 September 2020. The British market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Forestry industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.40 per share. Analyst Estimate Surprise Post Earnings • Dec 01
Revenue misses expectations Revenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 6.8% compared to a 1.5% decline forecast for the Forestry industry in the United Kingdom.