Annonce • May 21
Storskogen Announces Executive Changes, effective from May 18, 2026 Storskogen announced that Jesper Kronstrand has decided to leave his role as Head of Business Area Services for personal reasons. Jesper Kronstrand will remain with Storskogen during a transition period for a smooth handover. Johan Ekström steps in as interim Head of Business Area Services, effective May 18, 2026. Johan Ekström is already a member of Storskogen's Executive Management Team and Head of M&A. Earlier in his career, he held positions such as Business Area Head at Volati, member of Group Executive Management at Skandia, and partner at Accenture. The recruitment of a permanent successor is under way. Board Change • May 11
High number of new directors Director Adam Parker was the last director to join the board, commencing their role in 2026. Recent Insider Transactions • May 03
Chief Executive Officer recently bought kr1.0m worth of stock On the 30th of April, Christer Hansson bought around 115k shares on-market at roughly kr8.91 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Christer has been a buyer over the last 12 months, purchasing a net total of kr1.7m worth in shares. Upcoming Dividend • Apr 30
Upcoming dividend of kr0.11 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 13 May 2026. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.2%). New Risk • Apr 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 52% 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 • Apr 14
Full year 2025 earnings released: EPS: kr0.63 (vs kr0.031 loss in FY 2024) Full year 2025 results: EPS: kr0.63 (up from kr0.031 loss in FY 2024). Revenue: kr33.1b (down 3.2% from FY 2024). Net income: kr1.06b (up kr1.12b from FY 2024). Profit margin: 3.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Annonce • Apr 04
Storskogen Group AB (publ) (OM:STOR B) acquired 90% stake in Darlington Ems Limited. Storskogen Group AB (publ) (OM:STOR B) acquired 90% stake in Darlington Ems Limited on April 2, 2026. Darlington EMS has around 70 employees and is based in south Manchester. The management team, led by Managing Director David Darlington, will continue to run the business.
For the period ending December 31, 2025, Darlington Ems Limited reported total revenue of £8.1 million.
Storskogen Group AB (publ) (OM:STOR B) completed the acquisition of 90% stake in Darlington Ems Limited on April 2, 2026. Annonce • Mar 31
Storskogen Group AB (publ) to Report Fiscal Year 2025 Final Results on Apr 09, 2026 Storskogen Group AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 09, 2026 Declared Dividend • Feb 16
Dividend increased to kr0.11 Dividend of kr0.11 is 10.0% higher than last year. Ex-date: 7th May 2026 Payment date: 13th May 2026 Dividend yield will be 1.1%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 9%. Annonce • Feb 12
Storskogen Group AB (Publ) Proposes Dividend for the Year Ended 31 December 2025 The Board of Directors of Storskogen Group AB (publ) proposed a dividend of SEK 0.11 per share (SEK 0.10 per share) for the year ended 31 December 2025. Reported Earnings • Feb 11
Full year 2025 earnings released: EPS: kr0.63 (vs kr0.031 loss in FY 2024) Full year 2025 results: EPS: kr0.63 (up from kr0.031 loss in FY 2024). Revenue: kr33.1b (down 3.2% from FY 2024). Net income: kr1.06b (up kr1.12b from FY 2024). Profit margin: 3.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings. Annonce • Jan 30
Robert Belkic Declines Re-Election as Board Member of Storskogen Group AB Storskogen Group AB announced that current board member Robert Belkic has informed the Nomination Committee that he has declined re-election. Annonce • Jan 16
Storskogen Group AB (publ) (OM:STOR B) announces an Equity Buyback for 8,515,686 shares. Storskogen Group AB (publ) (OM:STOR B) commences a share repurchases on November 6, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 7, 2025. As per the mandate, the company is authorized to repurchase up to 8515686 class B shares of its issued share capital, such that the company’s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time. The shares will be repurchased at a price which falls within the prevailing price interval registered at each point in time (i.e. in the interval between the highest purchase price and the lowest selling price). The purpose of the program is to adapt the company’s capital structure and thereby contribute to increased shareholder value. The repurchased shares will be cancelled by resolution of upcoming Annual General Meetings. The program is valid until the next Annual General Meeting in 2026. As of March 19, 2025, the company had 1,686,725,219 shares outstanding, of which 142,001,374 are shares of series A and 1,544,723,845 are shares of series B and no shares in treasury.
On November 5, 2025, the company announced a share repurchases program. under the program, the company will SEK 100 million worth of its class B shares. The purpose is to optimize Storskogen’s capital structure through a reduction of the capital in order to create added value for Storskogen’s shareholders. The program is valid until the next Annual General Meeting. As of November 5, 2025, the company had 1,686,725,219 shares in issued. Annonce • Jan 08
Storskogen Appoints Jesper Kronstrand as Head of Business Area Services and Member of the Executive Management Team Storskogen has appointed Jesper Kronstrand as new Head of Business Area Services and member of the Executive Management Team. Jesper will assume the role no later than February and succeeds Peter Ahlgren, who has previously communicated his wish to gradually scale back his operational engagement. Peter Ahlgren will, during a transition period, support Jesper Kronstrand in a structured handover. In parallel, Peter will remain in selected boards within the business area and in the role as Senior Advisor. Jesper Kronstrand most recently served as CEO of SoVent Group, a business unit within Storskogen's business area Services. SoVent is active in, among other areas, ventilation, chimney sweeping and fire protection services, with more than 500 employees and operations across Sweden. Since Jesper assumed the position of CEO at the end of 2018, SoVent's sales have increased from SEK 130 million to almost SEK 600 million. The company has shown strong profitability and solid organic growth, combined with extensive acquisition and integration initiatives. During a transition period, Jesper Kronstrand will remain with SoVent to ensure continuity in the business and to support the handover to his internal successor. Christer Hansson, CEO of Storskogen, is very positive about Jesper assuming the position of business area head and emphasises the value of recruiting senior executives from within the Group. Prior to his current role as CEO of SoVent Group, Jesper Kronstrand has held several senior positions in service and technology-related businesses with responsibility for results and growth. As CEO of Newsec Technical Services AB, he led the company through a period of expansion and improved profitability. Jesper has also held senior roles at Relacom AB, where he drove business development and efficiency programmes. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: kr0.19 (vs kr0.14 in 3Q 2024) Third quarter 2025 results: EPS: kr0.19 (up from kr0.14 in 3Q 2024). Revenue: kr7.98b (flat on 3Q 2024). Net income: kr316.0m (up 39% from 3Q 2024). Profit margin: 4.0% (up from 2.8% in 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Annonce • Nov 06
Storskogen Announces Transition of Peter Ahlgren, Head of Business Area Services to the Role of Senior Advisor Storskogen announced that Peter Ahlgren, Head of Business Area Services and member of Storskogen's management team, will transition to the role of Senior Advisor. A process to appoint his successor has been initiated, and Peter will remain in his current role until a successor is in place. Peter joined Storskogen in 2014, as the first addition to the founding team, and has since then played a central role in developing the company. During his tenure, Storskogen has grown from just a handful of business units to an international group with annual sales of approximately SEK 33 billion and around 11,000 employees. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to kr11.49, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Industrials industry in Europe. Total returns to shareholders of 20% over the past three years. Annonce • Oct 08
Storskogen Group AB (publ), Annual General Meeting, May 06, 2026 Storskogen Group AB (publ), Annual General Meeting, May 06, 2026. Location: stockholm Sweden Recent Insider Transactions • Sep 08
Insider recently bought kr1.1m worth of stock On the 3rd of September, Peter Ahlgren bought around 110k shares on-market at roughly kr9.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr20m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 05
Insider recently bought kr997k worth of stock On the 27th of August, Peter Ahlgren bought around 100k shares on-market at roughly kr9.97 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.0m. Insiders have collectively bought kr19m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 30
Insider recently bought kr997k worth of stock On the 27th of August, Peter Ahlgren bought around 100k shares on-market at roughly kr9.97 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr1.0m. Insiders have collectively bought kr19m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 15
Independent Chairman recently bought kr1.0m worth of stock On the 13th of August, Annette Rampe bought around 100k shares on-market at roughly kr10.09 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Annette has been a buyer over the last 12 months, purchasing a net total of kr16m worth in shares. New Risk • Aug 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 126% 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: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: kr0.13 (vs kr0.43 loss in 2Q 2024) Second quarter 2025 results: EPS: kr0.13 (up from kr0.43 loss in 2Q 2024). Revenue: kr8.45b (down 8.6% from 2Q 2024). Net income: kr224.0m (up kr946.0m from 2Q 2024). Profit margin: 2.7% (up from net loss in 2Q 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. New Risk • Jul 13
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 7.5% 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: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (0.08% net profit margin). Annonce • May 07
Storskogen Group AB (publ) Approves Dividend for the Financial Year 2024, Payable on 14 May 2025 Storskogen Group AB (publ) announced that at the annual general meeting held on 7 May 2025 approved a dividend of SEK 0.10 per share for the financial year 2024 and that 9 May 2025 shall be the record date for the dividend. Payment is expected to be made on 14 May 2025. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: kr0.12 (vs kr0.069 in 1Q 2024) First quarter 2025 results: EPS: kr0.12 (up from kr0.069 in 1Q 2024). Revenue: kr7.94b (down 5.0% from 1Q 2024). Net income: kr194.0m (up 67% from 1Q 2024). Profit margin: 2.4% (up from 1.4% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. New Risk • May 06
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 9.2% 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. This is currently the only risk that has been identified for the company. Upcoming Dividend • May 01
Upcoming dividend of kr0.10 per share Eligible shareholders must have bought the stock before 08 May 2025. Payment date: 14 May 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (2.5%). Declared Dividend • Apr 06
Dividend increased to kr0.10 Dividend of kr0.10 is 11% higher than last year. Ex-date: 8th May 2025 Payment date: 14th May 2025 Dividend yield will be 0.8%, which is lower than the industry average of 3.2%. Recent Insider Transactions • Mar 01
Independent Chairman recently bought kr15m worth of stock On the 26th of February, Annette Rampe bought around 1m shares on-market at roughly kr15.08 per share. This transaction increased Annette's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Annette has been a buyer over the last 12 months, purchasing a net total of kr18m worth in shares. Annonce • Feb 15
Storskogen Group AB (Publ) Proposes Dividend Storskogen Group AB (publ) announced that its Board of Directors proposed a dividend of SEK 0.10 per share (SEK 0.09). Reported Earnings • Feb 13
Full year 2024 earnings released: kr0.03 loss per share (vs kr0.46 profit in FY 2023) Full year 2024 results: kr0.03 loss per share (down from kr0.46 profit in FY 2023). Revenue: kr34.2b (down 5.1% from FY 2023). Net loss: kr52.0m (down 107% from profit in FY 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Annonce • Feb 13
Storskogen Group AB (publ) Announces Management Changes Storskogen announced that Alexander Bjärgård, Head of M&A and Corporate Development, will leave Storskogen's management team on 14 February to lead Storskogen's Investment Committee. Johan Ekström will succeed Alexander Bjärgård as Group Head of M&A and as member of the management team. Since Christer Hansson became CEO in February 2024, Storskogen has prioritised strengthening the company's organic profit growth, profitability and cash flows. In parallel, a strategic review was conducted, which was presented at Storskogen's Capital Markets Day in November 2024. Alexander Bjärgård will serve as Chairman of the Investment Committee, comprising Storskogen's executive management team. The chairmanship is an operational role, and Bjärgård, one of Storskogen's co-founders, will remain a member of the company's board of directors. Johan Ekström, who has worked at Storskogen in close collaboration with Alexander Bjärgård since 2021, has been responsible for Storskogen's M&A operations in Sweden and Finland. Before joining Storskogen, he held positions such as Business Area Head at Volati, member of Group Executive Management at Skandia, and partner at Accenture. Recent Insider Transactions • Dec 01
Chief Executive Officer recently bought kr660k worth of stock On the 27th of November, Christer Hansson bought around 65k shares on-market at roughly kr10.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Christer has been a buyer over the last 12 months, purchasing a net total of kr1.5m worth in shares. Annonce • Nov 27
Storskogen Announces Dividend Policy for the Year 2025-27 Storskogen announced dividend policy for the year 2025-27: 0%-20% of Group net profit for the year. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: kr0.13 (vs kr0.085 in 3Q 2023) Third quarter 2024 results: EPS: kr0.13 (up from kr0.085 in 3Q 2023). Revenue: kr7.99b (down 4.1% from 3Q 2023). Net income: kr227.0m (up 59% from 3Q 2023). Profit margin: 2.8% (up from 1.7% in 3Q 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 40% per year. Annonce • Oct 08
Storskogen Group AB (publ), Annual General Meeting, May 07, 2025 Storskogen Group AB (publ), Annual General Meeting, May 07, 2025. Location: stockholm Sweden Annonce • Oct 07
Storskogen Group AB (Publ) Appoints Nomination Committee Storskogen Group AB (publ) announced that In accordance with the decision by the extraordinary general meeting on 24 September 2021, the Nomination Committee shall consist of four members. The Nomination Committee for the Annual General Meeting 2025 has been appointed based on the shareholdings as of 31 August 2024 and in accordance with the instructions for the Nomination Committee. The Nomination Committee is composed of: Liv Gorosch (Chairman), appointed by the A-shareholders, Ronnie Bergström, appointed by the A-shareholders, Dick Bergqvist, appointed by AMF, and Oscar Bergman, appointed by Swedbank Robur Fonder. In addition, the Chairman of the board of directors, Annette Brodin Rampe, is co-opted to the Nomination Committee. Reported Earnings • Aug 16
Second quarter 2024 earnings released: kr0.43 loss per share (vs kr0.043 profit in 2Q 2023) Second quarter 2024 results: kr0.43 loss per share (down from kr0.043 profit in 2Q 2023). Revenue: kr9.24b (down 2.3% from 2Q 2023). Net loss: kr722.0m (down kr794.0m from profit in 2Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Industrials industry in Europe. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to kr7.39, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Industrials industry in Europe. Total loss to shareholders of 27% over the past year. Annonce • Jul 01
Storskogen Group AB (publ) Appoints Christer Hansson as CEO Storskogen Group AB (publ) announced that Christer Hansson is appointed permanent CEO, after serving as interim CEO since 19 February 2024. Storskogen's Board of Directors announces that interim CEO Christer Hansson is appointed permanent CEO after a thorough recruitment process conducted throughout the spring. Christer Hansson, who was appointed interim CEO in connection with Daniel Kaplan's departure on 19 February, has been with Storskogen since 2016, most recently as EVP Head of Business Area Trade. He also has experience as Country Manager and Nordic Service and Solutions Director at Dustin AB. In connection with Christer Hansson's permanent appointment, Åsa Murphy is named EVP Head of Business Area Trade, after serving as interim in this role since Hansson's initial appointment as interim CEO. Åsa Murphy brings a wealth of experience from leading positions in the tech and e-commerce industry, including Managing Director for Bookatable in the Nordics and the DACH region, a marketplace for restaurant bookings, and Director of Expedia in the Nordics. Recent Insider Transactions • Jun 28
Interim Chief Executive Officer recently bought kr800k worth of stock On the 26th of June, Christer Hansson bought around 100k shares on-market at roughly kr8.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr2.4m. This was Christer's only on-market trade for the last 12 months. Annonce • Jun 26
Storskogen Group AB (Publ) Reports Impairment for the Second Quarter of Fiscal Year 31 March 2024 Storskogen Group AB (publ) reported impairment for the second quarter of fiscal year 31 March 2024. For the period, the company reports goodwill impairment in the affected verticals of approximately SEK 600 million and impairment of other tangible and intangible assets of approximately SEK 320 million. The total impairment of approximately SEK 920 million. Recent Insider Transactions • Jun 10
Executive VP & Head of Storskogen UK recently bought kr612k worth of stock On the 5th of June, Philip Lofgren bought around 75k shares on-market at roughly kr8.17 per share. This transaction amounted to 13% 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 kr2.4m. Insiders have collectively bought kr12m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 06
Independent Chairman recently bought kr2.4m worth of stock On the 31st of May, Annette Rampe bought around 300k shares on-market at roughly kr7.92 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Annette has been a buyer over the last 12 months, purchasing a net total of kr3.8m worth in shares. Recent Insider Transactions • May 26
Insider recently bought kr1.5m worth of stock On the 21st of May, Peter Ahlgren bought around 185k shares on-market at roughly kr7.98 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr8.5m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to kr8.78, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Industrials industry in Europe. Total loss to shareholders of 27% over the past year. Recent Insider Transactions • May 13
Executive VP & Head of Storskogen UK recently bought kr269k worth of stock On the 10th of May, Philip Lofgren bought around 37k shares on-market at roughly kr7.30 per share. This transaction amounted to 7.1% 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 kr1.0m. Despite this recent purchase, insiders have collectively sold kr53m more in shares than they bought in the last 12 months. Annonce • May 09
Storskogen Group AB (Publ) Approves Dividend for the Financial Year 2023, Payable on 16 May 2024 Storskogen Group AB (publ) announced that at its annual general meeting held on 8 May 2024, resolved on a dividend of SEK 0.09 per share for the financial year 2023 and that 13 May 2024 shall be the record date for the dividend. Payment is expected to be made on 16 May 2024. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: kr0.07 (vs kr0.28 in 1Q 2023) First quarter 2024 results: EPS: kr0.07 (down from kr0.28 in 1Q 2023). Revenue: kr8.36b (down 9.3% from 1Q 2023). Net income: kr116.0m (down 75% from 1Q 2023). Profit margin: 1.4% (down from 5.0% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Industrials industry in Europe. Reported Earnings • Apr 07
Full year 2023 earnings released: EPS: kr0.46 (vs kr0.86 in FY 2022) Full year 2023 results: EPS: kr0.46 (down from kr0.86 in FY 2022). Revenue: kr36.0b (up 5.1% from FY 2022). Net income: kr778.0m (down 46% from FY 2022). Profit margin: 2.2% (down from 4.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Industrials industry in Europe. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 656% After last week's 656% share price gain to kr40.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Industrials industry in Europe. Total returns to shareholders of 361% over the past year. Declared Dividend • Feb 22
Dividend increased to kr0.09 Dividend of kr0.09 is 13% higher than last year. Ex-date: 10th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 13% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 89% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Feb 21
Insider recently bought kr1.0m worth of stock On the 19th of February, Peter Ahlgren bought around 180k shares on-market at roughly kr5.68 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr81m more in shares than they bought in the last 12 months. Annonce • Feb 20
Storskogen Group AB (Publ) Announces CEO Changes Storskogen announces that co-founder and CEO, Daniel Kaplan, following consultation with the Board, steps down as CEO. Christer Hansson, EVP Head of Business Area Trade, is taking on an interim CEO role. The recruitment process for a new CEO will be initiated. Christer Hansson has been with the company since 2016, most recently as EVP Head of Business Area Trade. Prior to Storskogen, Christer served as Country Manager and Nordic Service and Solutions Director at Dustin AB, and Senior Sales Manager at Telia. Annonce • Feb 19
Storskogen Group AB (Publ) Announces That Åsa Murphy Will Take on Temporary Role as EVP Head of Business Area Trade Storskogen Group AB (publ) announced that Åsa Murphy will take on the temporary role as EVP Head of Business Area Trade with immediate effect during the tenure of Christer Hansson serving as interim CEO. Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: kr0.47 (vs kr0.86 in FY 2022) Full year 2023 results: EPS: kr0.47 (down from kr0.86 in FY 2022). Revenue: kr36.0b (up 5.1% from FY 2022). Net income: kr778.0m (down 46% from FY 2022). Profit margin: 2.2% (down from 4.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Industrials industry in Europe. Annonce • Feb 15
Storskogen Group AB (Publ) Proposes Dividend The Board of Directors of Storskogen Group AB (publ) proposes a dividend of SEK 0.09 per share (0.08). Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 497% After last week's 497% share price gain to kr40.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Industrials industry in Europe. Total returns to shareholders of 362% over the past year. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 372% After last week's 372% share price gain to kr40.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Industrials industry in Europe. Total returns to shareholders of 373% over the past year. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 351% After last week's 351% share price gain to kr40.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Industrials industry in Europe. Total returns to shareholders of 457% over the past year. Recent Insider Transactions • Dec 25
Co-founder & CEO recently bought kr644k worth of stock On the 22nd of December, Daniel Kaplan bought around 73k shares on-market at roughly kr8.82 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Daniel has been a net seller over the last 12 months, reducing personal holdings by kr14m. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 393% After last week's 393% share price gain to kr40.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Industrials industry in Europe. Total returns to shareholders of 415% over the past year. Recent Insider Transactions • Nov 27
Insider recently bought kr390k worth of stock On the 22nd of November, Philip Lofgren bought around 52k shares on-market at roughly kr7.50 per share. This transaction amounted to 13% 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 kr830k. Despite this recent purchase, insiders have collectively sold kr81m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 437% After last week's 437% share price gain to kr40.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Industrials industry in Europe. Total returns to shareholders of 379% over the past year. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: kr0.085 (vs kr0.26 in 3Q 2022) Third quarter 2023 results: EPS: kr0.085 (down from kr0.26 in 3Q 2022). Revenue: kr8.33b (down 1.0% from 3Q 2022). Net income: kr143.0m (down 67% from 3Q 2022). Profit margin: 1.7% (down from 5.2% in 3Q 2022). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Industrials industry in Europe. New Risk • Nov 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 61% a day. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (61% average daily change). Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 546% After last week's 546% share price gain to kr40.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Industrials industry in Europe. Total returns to shareholders of 360% over the past year. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improves as stock rises 434% After last week's 434% share price gain to kr40.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Industrials industry in Europe. Total returns to shareholders of 467% over the past year. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 417% After last week's 417% share price gain to kr40.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Industrials industry in Europe. Total returns to shareholders of 334% over the past year. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 377% After last week's 377% share price gain to kr40.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Industrials industry in Europe. Total returns to shareholders of 276% over the past year. Annonce • Sep 06
SandbÄCken Utveckling Aktiebolag agreed to acquire EVIAB Gruppen AB, Växjö Elmontage AB and El & Projektering Vetlanda AB from Storskogen Group AB. SandbÄCken Utveckling Aktiebolag agreed to acquire EVIAB Gruppen AB, Växjö Elmontage AB and El & Projektering Vetlanda AB from Storskogen Group AB on September 4, 2023. The companies have a combined turnover of approximately SEK 400 million and have approximately 180 employees. The transaction is expected to be completed early in the fourth quarter of 2023 and is subject to customary competition review. Recent Insider Transactions • Sep 04
Chairman recently bought kr830k worth of stock On the 1st of September, Annette Rampe bought around 100k shares on-market at roughly kr8.30 per share. This transaction amounted to 25% 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 kr900k. Annette has been a buyer over the last 12 months, purchasing a net total of kr2.5m worth in shares. Recent Insider Transactions • Aug 21
Insider recently bought kr439k worth of stock On the 18th of August, Philip Lofgren bought around 54k shares on-market at roughly kr8.08 per share. This transaction amounted to 16% 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 kr900k. Despite this recent purchase, insiders have collectively sold kr80m more in shares than they bought in the last 12 months. Reported Earnings • Aug 17
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr9.46b (up 4.4% from 2Q 2022). Net income: kr72.0m (down 83% from 2Q 2022). Profit margin: 0.8% (down from 4.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Industrials industry in Europe. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 290% After last week's 290% share price gain to kr40.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Industrials industry in Europe. Total returns to shareholders of 147% over the past year. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 283% After last week's 283% share price gain to kr40.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Industrials industry in Europe. Total returns to shareholders of 228% over the past year. Recent Insider Transactions • Jul 13
Co-founder & CEO recently bought kr900k worth of stock On the 11th of July, Daniel Kaplan bought around 95k shares on-market at roughly kr9.45 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Daniel has been a net seller over the last 12 months, reducing personal holdings by kr13m. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 319% After last week's 319% share price gain to kr40.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Industrials industry in Europe. Total returns to shareholders of 178% over the past year. Recent Insider Transactions • Jul 03
Insider recently bought kr270k worth of stock On the 28th of June, Philip Lofgren bought around 30k shares on-market at roughly kr9.11 per share. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr626k. Despite this recent purchase, insiders have collectively sold kr68m more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 297% After last week's 297% share price gain to kr40.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Industrials industry in Europe. Total returns to shareholders of 154% over the past year. Recent Insider Transactions • Jun 23
Insider recently bought kr271k worth of stock On the 20th of June, Philip Lofgren bought around 27k shares on-market at roughly kr10.16 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr626k. Despite this recent purchase, insiders have collectively sold kr69m more in shares than they bought in the last 12 months. 
