Reported Earnings • 3h
Second quarter 2026 earnings released: EPS: kr0.49 (vs kr0.33 in 2Q 2025) Second quarter 2026 results: EPS: kr0.49 (up from kr0.33 in 2Q 2025). Revenue: kr199.8m (up 12% from 2Q 2025). Net income: kr12.0m (up 50% from 2Q 2025). Profit margin: 6.0% (up from 4.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 11
First quarter 2026 earnings released: EPS: kr0.45 (vs kr0.19 in 1Q 2025) First quarter 2026 results: EPS: kr0.45 (up from kr0.19 in 1Q 2025). Revenue: kr157.8m (up 21% from 1Q 2025). Net income: kr10.7m (up 137% from 1Q 2025). Profit margin: 6.8% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Reported Earnings • Feb 15
Full year 2025 earnings released: EPS: kr1.65 (vs kr1.26 in FY 2024) Full year 2025 results: EPS: kr1.65 (up from kr1.26 in FY 2024). Revenue: kr697.2m (up 6.6% from FY 2024). Net income: kr39.8m (up 31% from FY 2024). Profit margin: 5.7% (up from 4.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Recent Insider Transactions • Aug 17
Chairman of the Board recently bought kr104k worth of stock On the 14th of August, Anders Westermark bought around 4k shares on-market at roughly kr26.15 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr208k. Anders has been a buyer over the last 12 months, purchasing a net total of kr1.2m worth in shares. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: kr0.33 (vs kr0.41 in 2Q 2024) Second quarter 2025 results: EPS: kr0.33 (down from kr0.41 in 2Q 2024). Revenue: kr189.2m (up 3.3% from 2Q 2024). Net income: kr7.99m (down 20% from 2Q 2024). Profit margin: 4.2% (down from 5.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 21
Chairman of the Board recently bought kr119k worth of stock On the 17th of June, Anders Westermark bought around 5k shares on-market at roughly kr25.77 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr185k. Anders has been a buyer over the last 12 months, purchasing a net total of kr830k worth in shares. Recent Insider Transactions • May 30
Chairman of the Board recently bought kr113k worth of stock On the 28th of May, Anders Westermark bought around 5k shares on-market at roughly kr25.15 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr185k. Anders has been a buyer over the last 12 months, purchasing a net total of kr544k worth in shares. Recent Insider Transactions • May 13
Chairman of the Board recently bought kr90k worth of stock On the 9th of May, Anders Westermark bought around 4k shares on-market at roughly kr25.50 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Anders' only on-market trade for the last 12 months. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: kr0.19 (vs kr0.37 in 1Q 2024) First quarter 2025 results: EPS: kr0.19 (down from kr0.37 in 1Q 2024). Revenue: kr133.3m (down 1.0% from 1Q 2024). Net income: kr4.53m (down 50% from 1Q 2024). Profit margin: 3.4% (down from 6.7% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. 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 10% per year, which means it is well ahead of earnings. Annonce • May 07
Railcare Group AB (publ) announces Annual dividend, payable on May 14, 2025 Railcare Group AB (publ) announced Annual dividend of SEK 0.7000 per share payable on May 14, 2025, ex-date on May 08, 2025 and record date on May 09, 2025. Reported Earnings • Feb 24
Full year 2024 earnings released: EPS: kr1.26 (vs kr1.81 in FY 2023) Full year 2024 results: EPS: kr1.26 (down from kr1.81 in FY 2023). Revenue: kr660.6m (up 14% from FY 2023). Net income: kr30.4m (down 30% from FY 2023). Profit margin: 4.6% (down from 7.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annonce • Feb 21
Railcare Group AB (publ) to Report Q1, 2025 Results on May 07, 2025 Railcare Group AB (publ) announced that they will report Q1, 2025 results at 7:30 AM, Central European Standard Time on May 07, 2025 Annonce • Dec 10
Railcare Group AB (publ), Annual General Meeting, May 07, 2025 Railcare Group AB (publ), Annual General Meeting, May 07, 2025. Location: at railcare`s head office in skellefteham, Sweden Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: kr0.51 (vs kr0.78 in 3Q 2023) Third quarter 2024 results: EPS: kr0.51 (down from kr0.78 in 3Q 2023). Revenue: kr173.9m (up 7.9% from 3Q 2023). Net income: kr12.3m (down 35% from 3Q 2023). Profit margin: 7.0% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 16
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to kr31.00. The fair value is estimated to be kr24.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 74% in the next 2 years. Annonce • Oct 07
Railcare Group AB (publ) Announces CFO Changes Railcare Group AB (publ) announced Johan Elveros has been appointed as new CFO. He will take up the position of CFO and join Group management in January 2025. Johan joins Railcare from the Boliden Group, where he served as Department Manager of Mines Controlling. Johan has held range of senior positions with Boliden over the past 16 years, including acting CFO of the mine in Aitik, Department Manager, and Controller. He has extensive experience of financial reporting, analysis, strategy and management. Johan holds an MBA from Umeå University. In August 2024, Railcare announced that it had started recruitment of a new CFO. Lisa Borgs, who has served as CFO since April 2023 will remain with Railcare in the role of Accounts Manager, and will continue to work closely with Group management. Lisa will stay on as CFO until Johan takes up his position. Buy Or Sell Opportunity • Sep 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to kr30.30. The fair value is estimated to be kr25.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 74% in the next 2 years. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: kr0.41 (vs kr0.41 in 2Q 2023) Second quarter 2024 results: EPS: kr0.41 (down from kr0.41 in 2Q 2023). Revenue: kr184.0m (up 24% from 2Q 2023). Net income: kr9.93m (flat on 2Q 2023). Profit margin: 5.4% (down from 6.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Annonce • May 09
Railcare Group AB (publ) Approves to Distribute Company Profits for the Financial Year 2023 Railcare Group AB (publ) at the AGM held on May 8, 2024 resolved to allocate the company's profits for the financial year 2023 in accordance with the Board's proposal. The Meeting resolved that SEK 16,886,917 is distributed to the shareholders and that the remaining part of the company's profit, SEK 16,684,170 is balanced in a new account. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: kr0.37 (vs kr0.36 in 1Q 2023) First quarter 2024 results: EPS: kr0.37 (up from kr0.36 in 1Q 2023). Revenue: kr135.4m (up 18% from 1Q 2023). Net income: kr9.00m (up 3.5% from 1Q 2023). Profit margin: 6.6% (down from 7.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year. Upcoming Dividend • May 03
Upcoming dividend of kr0.70 per share Eligible shareholders must have bought the stock before 10 May 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Swedish dividend payers (4.3%). Lower than average of industry peers (3.7%). Annonce • Apr 17
Railcare Group AB (publ) to Report First Half, 2024 Results on Aug 15, 2024 Railcare Group AB (publ) announced that they will report first half, 2024 results on Aug 15, 2024 Declared Dividend • Feb 22
Dividend increased to kr0.70 Dividend of kr0.70 is 17% higher than last year. Ex-date: 10th May 2024 Payment date: 16th May 2024 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: kr1.81 (vs kr1.53 in FY 2022) Full year 2023 results: EPS: kr1.81 (up from kr1.53 in FY 2022). Revenue: kr582.5m (up 14% from FY 2022). Net income: kr43.6m (up 19% from FY 2022). Profit margin: 7.5% (up from 7.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 15
Price target increased by 7.1% to kr30.00 Up from kr28.00, the current price target is provided by 1 analyst. New target price is 46% above last closing price of kr20.60. Stock is up 7.2% over the past year. The company is forecast to post earnings per share of kr1.90 for next year compared to kr1.52 last year. Annonce • Nov 10
Railcare Group AB (publ) to Report Fiscal Year 2023 Results on Feb 20, 2025 Railcare Group AB (publ) announced that they will report fiscal year 2023 results on Feb 20, 2025 Annonce • Nov 04
Railcare Group AB (Publ) Announces Board Appointments Railcare Group AB (publ) announced in consultation with the largest shareholders, the chairman of the board of the company has established a Nomination Committee for the 2024 Annual General Meeting. The nomination committee consists of Anders Westermark, Chairman of the Board, Lina Ådin, appointed by TREAC AB, and Jonas Holmqvist, appointed by Nornan Invest AB. The nomination committee has appointed Lina Ådin as its chairman. Annonce • Nov 03
Railcare Group AB (publ), Annual General Meeting, May 08, 2024 Railcare Group AB (publ), Annual General Meeting, May 08, 2024. Location: Railcare's head office, Skelleftehamn Sweden New Risk • Aug 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.3% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.3% net profit margin). Market cap is less than US$100m (kr429.4m market cap, or US$39.2m). Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: kr0.41 (vs kr0.40 in 2Q 2022) Second quarter 2023 results: EPS: kr0.41 (up from kr0.40 in 2Q 2022). Revenue: kr148.5m (up 14% from 2Q 2022). Net income: kr10.00m (up 4.1% from 2Q 2022). Profit margin: 6.7% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Annonce • May 05
Railcare Group AB (publ) Announces Board Changes Railcare Group AB (publ) at its the Annual General Meeting held on May 4, 2023, elected Andreas Lantto and Linn Andersson as board members and Anna Weiner Jiffer and Adam Ådin had declined re-election. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: kr0.36 (vs kr0.25 in 1Q 2022) First quarter 2023 results: EPS: kr0.36 (up from kr0.25 in 1Q 2022). Revenue: kr117.8m (up 20% from 1Q 2022). Net income: kr8.70m (up 44% from 1Q 2022). Profit margin: 7.4% (up from 6.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 28
Upcoming dividend of kr0.60 per share at 3.3% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of Swedish dividend payers (5.0%). In line with average of industry peers (3.1%). Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: kr1.53 (vs kr1.68 in FY 2021) Full year 2022 results: EPS: kr1.53 (down from kr1.68 in FY 2021). Revenue: kr512.3m (up 15% from FY 2021). Net income: kr36.8m (down 9.2% from FY 2021). Profit margin: 7.2% (down from 9.1% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Nov 30
CEO, President & CFO recently bought kr452k worth of stock On the 21st of November, Mattias Remahl bought around 25k shares on-market at roughly kr18.08 per share. This transaction amounted to 25% 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 Mattias' only on-market trade for the last 12 months. Major Estimate Revision • Nov 16
Consensus EPS estimates increase by 26% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from kr466.0m to kr496.0m. EPS estimate increased from kr1.59 to kr2.00 per share. Net income forecast to shrink 8.7% next year vs 5.5% decline forecast for Infrastructure industry in Sweden. Consensus price target up from kr28.00 to kr29.00. Share price was steady at kr19.22 over the past week. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Björn Östlund was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 12
Consensus EPS estimates increase by 26% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from kr466.0m to kr496.0m. EPS estimate increased from kr1.59 to kr2.00 per share. Net income forecast to shrink 8.7% next year vs 7.1% decline forecast for Infrastructure industry in Sweden. Consensus price target up from kr28.00 to kr29.00. Share price fell 2.6% to kr19.48 over the past week. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: kr0.74 (vs kr0.79 in 3Q 2021) Third quarter 2022 results: EPS: kr0.74 (down from kr0.79 in 3Q 2021). Revenue: kr147.9m (up 15% from 3Q 2021). Net income: kr17.9m (down 6.2% from 3Q 2021). Profit margin: 12% (down from 15% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annonce • Nov 01
Railcare Group AB (publ), Annual General Meeting, May 04, 2023 Railcare Group AB (publ), Annual General Meeting, May 04, 2023. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: kr0.40 (vs kr0.12 loss in 2Q 2021) Second quarter 2022 results: EPS: kr0.40 (up from kr0.12 loss in 2Q 2021). Revenue: kr131.2m (up 39% from 2Q 2021). Net income: kr9.60m (up kr12.6m from 2Q 2021). Profit margin: 7.3% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is expected to shrink by 7.6% compared to a 18% growth forecast for the Infrastructure industry in Sweden. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Björn Östlund was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • May 10
Price target decreased to kr28.00 Down from kr32.00, the current price target is provided by 1 analyst. New target price is 42% above last closing price of kr19.76. Stock is down 5.2% over the past year. The company is forecast to post earnings per share of kr1.60 for next year compared to kr1.68 last year. Annonce • May 05
Railcare Group AB (publ) Elects Anders Westermark as Chairman of its Board of Directors Railcare Group AB (publ) at the Annual General Meeting held on May 4, 2022 elected Anders Westermark as Chairman of the Board of Directors. Reported Earnings • May 04
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: kr0.25 (down from kr0.26 in 1Q 2021). Revenue: kr100.2m (up 11% from 1Q 2021). Net income: kr6.03m (down 2.8% from 1Q 2021). Profit margin: 6.0% (down from 6.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is expected to shrink by 6.1% compared to a 28% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 29
Upcoming dividend of kr0.60 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Swedish dividend payers (4.6%). Higher than average of industry peers (2.6%). Reported Earnings • Feb 22
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: kr1.68 (down from kr1.82 in FY 2020). Revenue: kr446.3m (up 6.9% from FY 2020). Net income: kr40.5m (down 7.5% from FY 2020). Profit margin: 9.1% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Over the next year, revenue is expected to shrink by 5.0% compared to a 25% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Annonce • Nov 24
Norra VÄSterbotten Fastighets Aktiebolag acquired additional 17.6% stake in Railcare Group AB (publ) (OM:RAIL) from Marklund and Dahlqvist. Norra VÄSterbotten Fastighets Aktiebolag acquired additional 17.6% stake in Railcare Group AB (publ) (OM:RAIL) from Marklund and Dahlqvist on November 23, 2021. Post this transaction Norra VÄSterbotten Fastighets Aktiebolag increased its holding in Railcare Group AB to 29.8%. Ulf Marklund will remain as Deputy Chief Executive Officer with operational responsibility of Railcare Group.
Norra VÄSterbotten Fastighets Aktiebolag completed the acquisition of additional 17.6% stake in Railcare Group AB (publ) (OM:RAIL) from Marklund and Dahlqvist on November 23, 2021. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS kr0.79 (vs kr0.41 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr129.3m (up 32% from 3Q 2020). Net income: kr19.1m (up 95% from 3Q 2020). Profit margin: 15% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 18% share price gain to kr22.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Infrastructure industry in Europe. Total returns to shareholders of 63% over the past three years. Reported Earnings • Aug 22
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: kr95.8m (down 9.6% from 2Q 2020). Net loss: kr2.96m (down 130% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 29
Deputy CEO recently sold kr4.2m worth of stock On the 25th of May, Ulf Marklund sold around 200k shares on-market at roughly kr21.06 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 05
First quarter 2021 earnings released: EPS kr0.26 (vs kr0.54 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr91.4m (down 14% from 1Q 2020). Net income: kr6.20m (down 52% from 1Q 2020). Profit margin: 6.8% (down from 12% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 29
Upcoming dividend of kr0.60 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 12 May 2021. Trailing yield: 2.7%. Lower than top quartile of Swedish dividend payers (3.5%). Lower than average of industry peers (3.6%). Executive Departure • Apr 22
Chief Financial Officer has left the company On the 19th of April, Mikael Forsfjäll's tenure in the role of Chief Financial Officer ended. We don't have any record of a personal shareholding under Mikael's name. Mikael is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 20
Full year 2020 earnings released: EPS kr1.82 (vs kr0.90 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr421.1m (up 11% from FY 2019). Net income: kr43.8m (up 111% from FY 2019). Profit margin: 10% (up from 5.5% in FY 2019). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Feb 20
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 9.0%. Over the next year, revenue is forecast to stay flat compared to a 1.9% growth forecast for the Infrastructure industry in Sweden. Is New 90 Day High Low • Feb 19
New 90-day high: kr25.05 The company is up 3.0% from its price of kr24.30 on 20 November 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is down 2.0% over the same period. Is New 90 Day High Low • Feb 03
New 90-day low: kr23.25 The company is down 7.0% from its price of kr25.00 on 04 November 2020. The Swedish market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 12% over the same period. Annonce • Jan 12
Railcare Signs Two-Year Snow Removal Contract with Trafikverket Worth SEK 40.2 Million Per Year Railcare has signed a two-year agreement with Trafikverket with a further option year for three years. The order value is SEK 40.2 million per year. The agreement came into effect on 15 November 2020 and the number of machine units in the agreement is the same as previous agreements. The snow removal contract applies to machines that are adapted for the efficient and safe removal of snow in strategic locations within Sweden.