Annonce • Mar 13
Vexve Oy acquired BROEN A/S from Aalberts N.V. (ENXTAM:AALB). Vexve Oy agreed to acquire BROEN A/S from Aalberts N.V. (ENXTAM:AALB) on December 1, 2025.
For the period ending December 31, 2024, BROEN A/S reported total revenue of €82 million.
The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is January 1, 2026 to June 30, 2026.
Vexve Oy completed the acquisition of BROEN A/S from Aalberts N.V. (ENXTAM:AALB) on March 11, 2026. Aalberts N.V. announces the successful completion of regulatory approvals and closing conditions. Thomas Holst Laursen, Frederik Jastrup Brodersen, Emma Louise Teisen and Kirstine Juel Månsson of Plesner Advokatpartnerselskab act as Legal advisor for Aalberts N.V. Jesper Schultz Larsen, Julie Leonhardt, Emil Lund Lauritzen, Mikkel Schäfer and Rose Marie Silau of Bruun & Hjejle of legal advisor for Vexve Oy. Annonce • Feb 26
Aalberts N.V. Proposes Cash Dividend for 2025 Aalberts N.V. announced the General Meeting, proposed a cash dividend of EUR 1.15 over 2025. Annonce • Sep 22
Aalberts N.V.(ENXTAM:AALB) dropped from FTSE All-World Index (USD) Aalberts N.V.(ENXTAM:AALB) dropped from FTSE All-World Index (USD) Annonce • Jul 25
Aalberts N.V. to Report Q1, 2026 Results on May 01, 2026 Aalberts N.V. announced that they will report Q1, 2026 results on May 01, 2026 Annonce • Jul 24
Aalberts N.V. Provides Earnings Guidance for the Second Half of the 2025 Aalberts N.V. provided earnings guidance for the second half of the 2025. For the period, based on the current end market dynamics and uncertainties, the company do not expect an organic revenue growth improvement in the second half of the year. Annonce • Jul 17
Aalberts N.V. (ENXTAM:AALB) acquired 100% shares in Geo-Flo Corporation. Aalberts N.V. (ENXTAM:AALB) acquired 100% shares in Geo-Flo Corporation on July 17, 2025. The acquisition will be financed from existing credit facilities. For the period ending December 31, 2024, Geo-Flo Corporation reported total revenue of approximately $15 million, with over 25 employees. The transaction will directly contribute to the earnings per share of Aalberts N.V.
Aalberts N.V. (ENXTAM:AALB) completed the acquisition of 100% shares in Geo-Flo Corporation on July 17, 2025. Annonce • May 01
Aalberts N.V. (ENXTAM:AALB) completed the acquisition of 100% shares of Paulo Heat Treating, Metal Finishing and Brazing. Aalberts N.V. (ENXTAM:AALB) agreed to acquire 100% shares of Paulo Heat Treating, Metal Finishing and Brazing on December 27, 2024. The acquisition will directly contribute to the earnings per share and will be financed from existing credit facilities. For the period ending December 31, 2023, Paulo Heat Treating, Metal Finishing and Brazing reported total revenue of $105 million. The experienced management of Paulo will work closely with the management of Aalberts Surface Technologies in North America.
The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is in the second quarter of 2025. Robert W. Baird & Co. Incorporated acted as financial advisor to Paulo Heat Treating, Metal Finishing and Brazing.
Aalberts N.V. (ENXTAM:AALB) completed the acquisition of 100% shares of Paulo Heat Treating, Metal Finishing and Brazing on May 1, 2025. The transaction has been approved by the regulatory board/committee. Annonce • Feb 27
Aalberts N.V. to Report Fiscal Year 2025 Results on Feb 26, 2026 Aalberts N.V. announced that they will report fiscal year 2025 results on Feb 26, 2026 Annonce • Jan 17
Aalberts N.V. to Report First Half, 2025 Results on Jul 24, 2025 Aalberts N.V. announced that they will report first half, 2025 results on Jul 24, 2025 Annonce • Dec 27
Aalberts N.V. (ENXTAM:AALB) agreed to acquire 100% shares of Paulo Heat Treating, Metal Finishing and Brazing. Aalberts N.V. (ENXTAM:AALB) agreed to acquire 100% shares of Paulo Heat Treating, Metal Finishing and Brazing on December 27, 2024. The acquisition will directly contribute to the earnings per share and will be financed from existing credit facilities. For the period ending December 31, 2023, Paulo Heat Treating, Metal Finishing and Brazing reported total revenue of $105 million. The experienced management of Paulo will work closely with the management of Aalberts Surface Technologies in North America.
The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is in the second quarter of 2025. Annonce • Oct 25
Aalberts N.V. Announces Arno Monincx Will Not Be Reappointed as Chief Financial Officer, Effective 10 April 2025 Aalberts N.V. announced that Arno Monincx has been almost 17 years at Aalberts, of which 8 years as Management Board member and 6 years as Chief Financial Officer. The Supervisory Board and Arno Monincx have mutually agreed that after the General Meeting he will not be reappointed as Chief Financial Officer. Arno will remain Chief Financial Officer and member of the Management Board until 10 April 2025 and will thereafter remain as advisor to the Management Board for a period of 1 year to ensure a smooth transition. Reported Earnings • Jul 29
First half 2024 earnings released: EPS: €1.35 (vs €1.45 in 1H 2023) First half 2024 results: EPS: €1.35 (down from €1.45 in 1H 2023). Revenue: €1.62b (down 5.7% from 1H 2023). Net income: €149.2m (down 6.7% from 1H 2023). Profit margin: 9.2% (down from 9.3% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 15
CFO & Member of Management Board recently sold €493k worth of stock On the 13th of June, Arno Monincx sold around 12k shares on-market at roughly €42.39 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arno has been a net seller over the last 12 months, reducing personal holdings by €940k. Upcoming Dividend • May 20
Upcoming dividend of €1.13 per share Eligible shareholders must have bought the stock before 27 May 2024. Payment date: 20 June 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%). Reported Earnings • Apr 12
Full year 2023 earnings released: EPS: €2.86 (vs €2.87 in FY 2022) Full year 2023 results: EPS: €2.86 (down from €2.87 in FY 2022). Revenue: €3.32b (up 2.9% from FY 2022). Net income: €315.8m (flat on FY 2022). Profit margin: 9.5% (in line with FY 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Recent Insider Transactions • Apr 05
CFO & Member of Management Board recently sold €407k worth of stock On the 2nd of April, Arno Monincx sold around 9k shares on-market at roughly €45.22 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Arno has been a net seller over the last 12 months, reducing personal holdings by €446k. Declared Dividend • Feb 25
Dividend increased to €1.13 Dividend of €1.13 is 1.8% higher than last year. Ex-date: 27th May 2024 Payment date: 20th June 2024 Dividend yield will be 2.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: €2.86 (vs €2.87 in FY 2022) Full year 2023 results: EPS: €2.86 (down from €2.87 in FY 2022). Revenue: €3.32b (up 2.9% from FY 2022). Net income: €315.8m (flat on FY 2022). Profit margin: 9.5% (in line with FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annonce • Feb 22
Aalberts N.V., Annual General Meeting, May 27, 2025 Aalberts N.V., Annual General Meeting, May 27, 2025. Annonce • Feb 08
Aalberts N.V. to Report Fiscal Year 2023 Final Results on Apr 11, 2024 Aalberts N.V. announced that they will report fiscal year 2023 final results on Apr 11, 2024 Annonce • Aug 03
An unknown buyer signed an agreement to acquire DSI Getränkearmaturen GmbH from Aalberts N.V. (ENXTAM:AALB). An unknown buyer signed an agreement to acquire Disptek Group from Aalberts N.V. (ENXTAM:AALB) on August 1, 2023. Transaction is expected to close on September 1, 2023. Disptek generates an annual revenue of approximately €75 million. Reported Earnings • Aug 02
First half 2023 earnings released: EPS: €1.45 (vs €1.45 in 1H 2022) First half 2023 results: EPS: €1.45 (in line with 1H 2022). Revenue: €1.72b (up 6.3% from 1H 2022). Net income: €160.0m (flat on 1H 2022). Profit margin: 9.3% (in line with 1H 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 28
CEO & Member of the Management Board recently sold €408k worth of stock On the 24th of May, Wim Pelsma sold around 10k shares on-market at roughly €40.80 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €944k. Wim has been a net seller over the last 12 months, reducing personal holdings by €6.9m. Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: €2.87 (vs €3.26 in FY 2021) Full year 2022 results: EPS: €2.87 (down from €3.26 in FY 2021). Revenue: €3.23b (up 8.4% from FY 2021). Net income: €317.3m (down 12% from FY 2021). Profit margin: 9.8% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% 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 24
CEO & Member of the Management Board recently sold €850k worth of stock On the 20th of March, Wim Pelsma sold around 20k shares on-market at roughly €42.49 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €974k. Wim has been a net seller over the last 12 months, reducing personal holdings by €6.1m. Recent Insider Transactions • Mar 13
CEO & Member of the Management Board recently sold €944k worth of stock On the 6th of March, Wim Pelsma sold around 20k shares on-market at roughly €47.20 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €974k. Wim has been a net seller over the last 12 months, reducing personal holdings by €5.2m. Recent Insider Transactions • Mar 08
CEO & Member of the Management Board recently sold €974k worth of stock On the 27th of February, Wim Pelsma sold around 21k shares on-market at roughly €46.40 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Wim has been a net seller over the last 12 months, reducing personal holdings by €2.4m. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: €2.87 (vs €3.26 in FY 2021) Full year 2022 results: EPS: €2.87 (down from €3.26 in FY 2021). Revenue: €3.23b (up 8.4% from FY 2021). Net income: €317.3m (down 12% from FY 2021). Profit margin: 9.8% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 24
Now 21% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be €57.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 6.8% per annum over the same time period. Reported Earnings • Jul 23
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €146.0m from profit in 1H 2021). Profit margin: (down from 9.7% in 1H 2021). Over the next year, revenue is forecast to grow 2.4%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annonce • Jul 23
Aalberts N.V. to Report Fiscal Year 2022 Final Results on Apr 06, 2023 Aalberts N.V. announced that they will report fiscal year 2022 final results on Apr 06, 2023 Recent Insider Transactions • Jun 09
CEO & Member of the Management Board recently sold €721k worth of stock On the 2nd of June, Wim Pelsma sold around 15k shares on-market at roughly €48.05 per share. This was the largest sale by an insider in the last 3 months. Wim has been a seller over the last 12 months, reducing personal holdings by €502k. Upcoming Dividend • May 16
Upcoming dividend of €1.65 per share Eligible shareholders must have bought the stock before 23 May 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (2.5%). Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €40.07, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 37% over the past three years. Annonce • Feb 26
Aalberts N.V., Annual General Meeting, May 11, 2023 Aalberts N.V., Annual General Meeting, May 11, 2023, at 11:00 Central European Standard Time. Annonce • Feb 25
Aalberts N.V. to Report Fiscal Year 2022 Results on Feb 23, 2023 Aalberts N.V. announced that they will report fiscal year 2022 results Pre-Market on Feb 23, 2023 Reported Earnings • Jul 24
First half 2021 earnings released: EPS €1.32 (vs €0.58 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.51b (up 17% from 1H 2020). Net income: €146.0m (up 129% from 1H 2020). Profit margin: 9.7% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • May 24
Upcoming dividend of €0.60 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 02 July 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%). Recent Insider Transactions • Apr 10
CEO & Member of the Management Board recently bought €444k worth of stock On the 6th of April, Wim Pelsma bought around 10k shares on-market at roughly €44.39 per share. This was the largest purchase by an insider in the last 3 months. Wim has been a buyer over the last 12 months, purchasing a net total of €76k worth in shares. Reported Earnings • Feb 26
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €2.61b (down 8.1% from FY 2019). Net income: €117.3m (down 48% from FY 2019). Profit margin: 4.5% (down from 7.9% in FY 2019). The decrease in margin was driven by lower revenue. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue beats expectations Revenue exceeded analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 4.0%, compared to a 5.1% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Feb 10
New 90-day high: €40.24 The company is up 17% from its price of €34.27 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €57.69 per share. Is New 90 Day High Low • Jan 21
New 90-day high: €38.72 The company is up 18% from its price of €32.70 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery 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 €57.17 per share. Is New 90 Day High Low • Jan 05
New 90-day high: €37.41 The company is up 15% from its price of €32.42 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €58.05 per share. Is New 90 Day High Low • Dec 05
New 90-day high: €37.20 The company is up 17% from its price of €31.72 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.52 per share. Is New 90 Day High Low • Nov 16
New 90-day high: €35.88 The company is up 9.0% from its price of €32.85 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery 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 €50.05 per share. Is New 90 Day High Low • Oct 30
New 90-day low: €28.61 The company is down 7.0% from its price of €30.79 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.08 per share. Is New 90 Day High Low • Oct 10
New 90-day high: €33.62 The company is up 15% from its price of €29.25 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €47.39 per share.