Declared Dividend • May 21
Dividend of kr0.25 announced Shareholders will receive a dividend of kr0.25. Ex-date: 27th October 2026 Payment date: 2nd November 2026 Dividend yield will be 7.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 31% over the next 3 years. However, it would need to fall by 84% to increase the payout ratio to a potentially unsustainable range. Annuncio • Apr 29
Wallenstam AB (publ) Approves Dividend for the Financial Year 2025, Payable on May 6, 2026 and November 2, 2026 Wallenstam AB (publ) at its AGM held on April 28, 2026, approved the dividend for the 2025 financial year of SEK 0.55 per share, distributed in two payments of SEK 0.30 per share and SEK 0.25 per share, respectively. The record day for the first payment was set for April 30, 2026, and distribution from Euroclear Sweden AB is expected to take place on May 6, 2026. The record day for the second payment was set for October 28, 2026, and distribution from Euroclear Sweden AB is expected to take place on November 2, 2026. Annuncio • Mar 12
Wallenstam Develops Property at Östra Hamngatan 23 - Valvet Wallenstam is developing the property at Östra Hamngatan 23 - Valvet - into a modern and vibrant destination in the heart of Gothenburg. The property, with a long history of banking and public environments, has now got a new, stylish entrance in the form of a vault. The timeless design highlights the building's architecture while creating a more inviting feel for tenants, visitors and passersby. The development of Valvet includes both technical upgrades, energy-efficient installations and carefully selected materials that together create a premium experience. The new atrium with a pleasant lounge area opens up the building and creates bright, welcoming environments throughout all floors. Handelsbanken, which previously owned the property, has already moved into newly renovated premises on the top two floors of the property. The remaining office space of approximately 4,500 square meters is distributed over two floors, which will be tailored to the wishes and needs of future tenants. On the ground floor, there is also the possibility of letting almost 1,300 square meters of attractive, flexible retail premises with direct proximity to the pulse of the city. The first phase of the reconstruction is expected to be completed by the end of summer 2026 and adaptations of the premises will start after that. Annuncio • Feb 26
Wallenstam AB (Publ) Appoints Erik Klang as Head of the Newly Established Investments Business Area, March 1, 2026 Wallenstam AB (publ) announced that starting from March 1, 2026 Erik Klang will take up the role of Head of the newly established Investments business area with responsibility for new construction, property transactions and investments. The new business area will bring together Wallenstam's new construction operations in order to create an even clearer customer focus and strengthen synergies across the regions. Erik is already responsible for the company's property transactions. The organizational change also provides scope for the regions to focus even more on property development of the existing portfolio in order to create value growth. The clearer division of roles between investments and the operational responsibilities of the regions creates better conditions for developing both customer experience and property values over time. Annuncio • Feb 07
Wallenstam AB (Publ) Proposes Dividend for the Year Ended December 31, 2025 Wallenstam AB (publ) announced that the Board of Directors will propose a dividend of SEK 0.55 per share (0.50), which is an increase of 10%, spread between two payments of SEK 0.30 and SEK 0.25 per share, respectively for the fiscal year ended December 31, 2025. Annuncio • Feb 06
Wallenstam AB (publ), Annual General Meeting, Apr 28, 2026 Wallenstam AB (publ), Annual General Meeting, Apr 28, 2026. Annuncio • Oct 08
Wallenstam Appoints Susann Linde as Vice CEO of Wallenstam Wallenstam announced that its Board of Directors has decided to appoint Susann Linde, CFO and Head of Investor Relations, as Vice CEO of Wallenstam. Wallenstam now has three Vice CEOs - Mathias Aronsson, Regional Director Stockholm and Uppsala, has been Vice CEO since 2007 and Marina Fritsche, Regional Director Gothenburg, has been Vice CEO since 2019. Susann Linde was born in 1979 and has worked at Wallenstam for almost 25 years. Since 2013, she has been a member of the company's Group Management team as CFO and Head of Investor Relations, and now also has the additional title of Vice CEO. Mathias Aronsson, Regional Director Stockholm and Uppsala, and Marina Fritsche, Regional Director Gothenburg, have also been Vice CEOs of the company since 2007 and 2019, respectively. Annuncio • May 27
Wallenstam AB (Publ) Announces Three New Stores for the Makaregatorna District of Gothenburg In the fall, three new stores will open in Gothenburg's beautifully vibrant Makaregatorna district. Skultuna,othia Antik and 60 Garner Nord, which recently signed leases with Wallenstam will establish in the district in the fall. Meanwhile, both Knapp-Carlsson and Buttericks have new owners, which have both extended their leases. Skultuna is establishing in the Makaregatorna district and will move into new larger premises at Korsgatan 14 in October. The current store inVictoriapassagen will remain open until January 15 next year.othia Antik, which for a long time was located on Linnegatan in Gothenburg, will open its new store in October at Korsgatan 2. Aside from the sale of fine antiques, the store will also carry out repairs of lamps etc. 60 Garner Nord's popular store in the old spinning factory Spinneriet in Lindome is moving to Korsgatan 11. The Makaregatorna district comprises four colorful blocks between the Hamngatan streets in the heart of Gothenburg, an area that offers lively main streets, charming cross streets and unexpected courtyards. Annuncio • Mar 19
Wallenstam AB (publ), Annual General Meeting, Apr 29, 2025 Wallenstam AB (publ), Annual General Meeting, Apr 29, 2025, at 16:00 W. Europe Standard Time. Location: elite park avenue hotel, kungsportsavenyen 36,38, gothenburg Sweden Annuncio • Mar 14
Wallenstam AB (publ) SHARE AK B to Be Deleted from OTC Equity Wallenstam AB (publ) SHARE AK B (Sweden) will be deleted from OTC Equity effective March 13, 2025, due to Inactive Security. Annuncio • Feb 18
Wallenstam AB (Publ) Announces Construction Start of 177 Apartments in Kallebacks Terrasser Wallenstam AB (Publ) announced construction start of 177 apartments in Kallebacks Terrasser. The construction of the whole Kallebacks Terrasser district commenced in 2019, and when fully developed the area will include almost 2,000 new homes, a school, preschool, offices, restaurants, cafes and local services. With a central location in the area along Kallebäcks Torggata and next to Lackarebäck hill, the construction is now starting of 177 apartments, ranging in size from studio to 3 bedroom units with expected occupation in 2027. Annuncio • Feb 08
Wallenstam AB (Publ) Proposes Dividend The Board of Directors of Wallenstam AB (publ) will proposed a dividend of SEK 0.50 per share (0.50), spread between two payments of SEK 0.25 each per share. Annuncio • Nov 07
Wallenstam AB (Publ) Announces Two Thousand Square Meters Let At Kaserntorget 6 Wallenstam AB(publ)'s initiative involving reuse, green leases and full-service offices ready for occupation at Kaserntorget 6 has been highly sought after. Recently, Prodesign signed an agreement for the last premises of 460 square meters and will move in during January next year. This means that the entire property of about 2,000 square meters in total is now fully let. In the development of the property, Wallenstam has strived to make use of the building's existing resources to contribute to increased circular material flows and reduced new manufacturing. The reuse has included everything from preserving layouts to reusing, for example, doors, glass partitions, kitchenettes and roof turbines. Material that could not be used in the reconstruction has been passed on to Brattons Aterbruk. In addition to new large open office space in a functionalist building with high functionality, the tenants at Kaserntorget 6 have access to mobility solutions such as bicycle charging stations, a lovely terrace and a furnished smaller courtyard. Some of the other tenants in the property include Actea, Group M, MojoDoo and Plant. Reported Earnings • Oct 23
Third quarter 2024 earnings released: kr0.41 loss per share (vs kr0.32 profit in 3Q 2023) Third quarter 2024 results: kr0.41 loss per share (down from kr0.32 profit in 3Q 2023). Revenue: kr669.0m (down 9.1% from 3Q 2023). Net loss: kr269.0m (down 227% from profit in 3Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Annuncio • Oct 22
Wallenstam AB (publ) to Report Q1, 2025 Results on Apr 28, 2025 Wallenstam AB (publ) announced that they will report Q1, 2025 results on Apr 28, 2025 Upcoming Dividend • Oct 21
Upcoming dividend of kr0.25 per share Eligible shareholders must have bought the stock before 28 October 2024. Payment date: 01 November 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.4%). Reported Earnings • Jul 09
Second quarter 2024 earnings released: EPS: kr0.11 (vs kr0.33 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.11 (up from kr0.33 loss in 2Q 2023). Revenue: kr792.0m (up 14% from 2Q 2023). Net income: kr74.0m (up kr292.0m from 2Q 2023). Profit margin: 9.3% (up from net loss in 2Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Annuncio • Jun 27
Wallenstam AB (publ) Announces Full-Service Offices with Reuse Ready for Occupation At Kaserntorget Wallenstam AB (publ) announced Reuse, green leases and full-service offices ready for occupation have been the focus of the development of Wallenstam's property at Kaserntorget 6. A conscious investment that in a short time has resulted in four office lets for a total of 1,400 square meters and new tenants such as Actea, Group M, MojoDoo and Plint. Kaserntorget 6 is planned to be certified according to the Environmental Building In-Use (Miljöbyggnad iDrift) certification system. In the development of the property, Wallenstam has strived to make use of the building's existing resources to contribute to increased circular material flows and reduced new manufacturing. This initiative has recently attracted tenants in areas such as management, development, digital modernization, media and communications as well as language and technology. The reuse in the property has included everything from preserving layouts to reusing, for example, doors, glass partitions, kitchenettes and roof tiles. Material that could not be used in the reconstruction has been passed on to Brattöns Återbruk. In addition to new large open office space in a functionalist building with high functionality, the tenants at Kaserntorget 6 have access to mobility solutions such as bicycle charging stations, a lovely terrace and a furnished smaller courtyard. Apart from new office tenants, space is also being created for biodiversity on the roof of the property by building part of it as a biotope roof and also providing space for climbing greenery, insect hotels, bird nesting boxes and bird baths. The architects in connection with the reconstruction have been Krook and Tjäder. Declared Dividend • Apr 28
Dividend of kr0.25 announced Shareholders will receive a dividend of kr0.25. Ex-date: 28th October 2024 Payment date: 1st November 2024 Dividend yield will be 7.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (27% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. Annuncio • Apr 27
Wallenstam AB (Publ) Approves Dividend for the Financial Year 2023, Payable on May 3, 2024 and November 1, 2024 Respectively Wallenstam AB (publ) announced at annual general meeting held on April 25, 2024, the shareholders approved the Board of Director's proposed dividend for the 2023 financial year of SEK 0.50 per share, spread over two payment dates of SEK 0.25 per share each. The record day for the first payment was set for April 29, 2024, and distribution from Euroclear Sweden AB is expected to take place on May 3, 2024. The record day for the second payment was set for October 29, 2024, and distribution from Euroclear Sweden AB is expected to take place on November 1, 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: kr0.51 (vs kr0.073 in 1Q 2023) First quarter 2024 results: EPS: kr0.51 (up from kr0.073 in 1Q 2023). Revenue: kr751.0m (down 2.6% from 1Q 2023). Net income: kr333.0m (up kr285.0m from 1Q 2023). Profit margin: 44% (up from 6.2% in 1Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 19
Upcoming dividend of kr0.25 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Reported Earnings • Mar 23
Full year 2023 earnings released: kr0.68 loss per share (vs kr1.67 profit in FY 2022) Full year 2023 results: kr0.68 loss per share (down from kr1.67 profit in FY 2022). Revenue: kr3.08b (up 20% from FY 2022). Net loss: kr450.0m (down 141% from profit in FY 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Mar 20
Director recently sold €8.7m worth of stock On the 14th of March, Agneta Wallenstam sold around 2m shares on-market at roughly €4.36 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.1m more than they bought in the last 12 months. Declared Dividend • Feb 16
Final dividend of kr0.25 announced Shareholders will receive a dividend of kr0.25. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 6.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Feb 09
Full year 2023 earnings released: kr0.68 loss per share (vs kr1.67 profit in FY 2022) Full year 2023 results: kr0.68 loss per share (down from kr1.67 profit in FY 2022). Revenue: kr2.82b (up 10% from FY 2022). Net loss: kr450.0m (down 141% from profit in FY 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annuncio • Feb 08
Wallenstam AB (Publ) Proposes Dividend Wallenstam AB (publ) Board of Directors will propose a dividend of SEK 0.50 per share (0.60), spread between two payments of SEK 0.25 each per share. Annuncio • Feb 05
Therese Nerlund Joins Wallenstam as New Land and Development Manager As from February 2024, Therese Nerlund is the new Land and Development Manager at Wallenstam in Stockholm. Since 2018, Therese has worked at Wallenstam as a housing policy expert and also more recently as assistantdevelopment manager. Therese is also part of the Management team for Wallenstam in Stockholm. New Risk • Nov 15
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 German stocks, typically moving 7.0% 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 (2.4x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Upcoming Dividend • Oct 24
Upcoming dividend of kr0.30 per share at 1.6% yield Eligible shareholders must have bought the stock before 31 October 2023. Payment date: 06 November 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.9%). New Risk • Oct 23
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 12% per year over the past 5 years. Reported Earnings • Oct 22
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr699.0m (up 7.4% from 3Q 2022). Net income: kr212.0m (down 72% from 3Q 2022). Profit margin: 30% (down from 116% in 3Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 22% per year. Annuncio • Oct 20
Wallenstam AB (publ) to Report Fiscal Year 2023 Results on Feb 08, 2024 Wallenstam AB (publ) announced that they will report fiscal year 2023 results on Feb 08, 2024 Annuncio • Sep 22
Wallenstam AB (publ), Annual General Meeting, Apr 25, 2024 Wallenstam AB (publ), Annual General Meeting, Apr 25, 2024. Reported Earnings • Jul 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr693.0m (up 7.1% from 2Q 2022). Net loss: kr218.0m (down 123% from profit in 2Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 27% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Annuncio • May 17
Wallenstam Starts Construction of 172 Rental Apartments in Farsta Wallenstam announced its new construction Ädellövet started on May 16, 2023 when Karin Wanngård, Commissioner of Finance of the City of Stockholm and Hans Wallenstam, CEO of Wallenstam, unveiled the Drevvikens Kryp Inn insect hotel. This is a symbol of the construction start of the 172 rental apartments along Drevvikens strand in Larsboda, Farsta. The area is located close to a lake and future residents will be able to enjoy an uninterrupted waterfront walk including bathing jetties and proximity to nature as the waterfront area is being turned into a public park. The apartments will range in size from studio to 3 bedrooms and will be spread among four building bodies. The Kvarter Ädellövet project has been designed by Semrén & Månsson and will be constructed by Tornstaden. Wallenstam is one of several active construction companies in the area, which is planned to comprise a total of 480 apartments and that will feature mixed-use development. Recent Insider Transactions • May 15
Chief Executive Officer recently bought €518k worth of stock On the 9th of May, Hans Wallenstam bought around 163k shares on-market at roughly €3.18 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. Hans has been a buyer over the last 12 months, purchasing a net total of €1.1m worth in shares. Reported Earnings • May 03
Full year 2022 earnings released: EPS: kr1.67 (vs kr7.20 in FY 2021) Full year 2022 results: EPS: kr1.67 (down from kr7.20 in FY 2021). Revenue: kr2.57b (up 7.3% from FY 2021). Net income: kr1.10b (down 77% from FY 2021). Profit margin: 43% (down from 197% in FY 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. 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 9% per year, which means it is significantly lagging earnings. Board Change • May 03
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. 3 experienced directors. 2 highly experienced directors. Independent Chairman of the Board Lars-Ake Bokenberger was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 27
Upcoming dividend of kr0.30 per share at 1.5% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.9%). Recent Insider Transactions • Apr 04
Insider recently bought €6.4k worth of stock On the 28th of March, Marina Fritsche bought around 2k shares on-market at roughly €3.21 per share. This transaction amounted to 2.3% 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 €41k. Despite this recent purchase, insiders have collectively sold €3.8m more in shares than they bought in the last 12 months. Reported Earnings • Mar 27
Full year 2022 earnings released: EPS: kr1.67 (vs kr7.20 in FY 2021) Full year 2022 results: EPS: kr1.67 (down from kr7.20 in FY 2021). Revenue: kr2.57b (up 7.3% from FY 2021). Net income: kr1.10b (down 77% from FY 2021). Profit margin: 43% (down from 197% in FY 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 32% decline forecast for the Real Estate industry in Germany. 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 12% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 22
Chief Executive Officer recently bought €41k worth of stock On the 16th of February, Hans Wallenstam bought around 10k shares on-market at roughly €4.13 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. Hans has been a buyer over the last 12 months, purchasing a net total of €822k worth in shares. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: kr1.67 (vs kr7.20 in FY 2021) Full year 2022 results: EPS: kr1.67 (down from kr7.20 in FY 2021). Revenue: kr2.57b (up 7.4% from FY 2021). Net income: kr1.10b (down 77% from FY 2021). Profit margin: 43% (down from 197% in FY 2021). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. 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 11% per year, which means it is significantly lagging earnings. Annuncio • Feb 09
Wallenstam AB (Publ) Proposes Dividend on 2 Payment Occasions, the First After the AGM and the Other Half A Year Later, A Half Year Later Wallenstam AB (publ) proposed a dividend of SEK 1.6 per share on 2 payment occasions, the first SEK 0.30 per share after the AGM and the other half a year later, a half year later. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €5.13, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Real Estate industry in Germany. Total loss to shareholders of 11% over the past three years. Reported Earnings • Oct 26
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr651.0m (up 9.0% from 3Q 2021). Net income: kr754.0m (down 8.9% from 3Q 2021). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 21
Upcoming dividend of kr0.30 per share Eligible shareholders must have bought the stock before 28 October 2022. Payment date: 03 November 2022. Payout ratio is a comfortable 7.8% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.1%). Annuncio • Jul 28
Wallenstam AB (publ) to Report Fiscal Year 2022 Results on Feb 08, 2023 Wallenstam AB (publ) announced that they will report fiscal year 2022 results on Feb 08, 2023 Reported Earnings • Jul 15
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr648.0m (up 12% from 2Q 2021). Net income: kr943.0m (down 14% from 2Q 2021). Over the next year, revenue is forecast to grow 5.5% compared to a 44% decline forecast for the industry in Germany. Recent Insider Transactions • Apr 30
Director of Communication recently bought €63k worth of stock On the 27th of April, Elisabeth Vansvik bought around 6k shares on-market at roughly €10.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth €166k. Despite this recent purchase, insiders have collectively sold €144k more in shares than they bought in the last 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr624.0m (up 4.2% from 1Q 2021). Net income: kr1.21b (up 67% from 1Q 2021). Over the next year, revenue is forecast to grow 5.8% compared to a 33% decline forecast for the industry in Germany. Upcoming Dividend • Apr 20
Upcoming dividend of kr0.60 per share Eligible shareholders must have bought the stock before 27 April 2022. Payment date: 03 May 2022. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (3.8%). Recent Insider Transactions • Mar 22
Insider recently sold €664k worth of stock On the 18th of March, Mathias Aronsson sold around 48k shares on-market at roughly €13.93 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €218k more than they bought in the last 12 months. Reported Earnings • Feb 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr14.40 (up from kr5.91 in FY 2020). Revenue: kr2.39b (down 10% from FY 2020). Net income: kr4.72b (up 147% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.9% compared to a 24% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Nov 06
Chief Executive Officer recently bought €210k worth of stock On the 3rd of November, Hans Wallenstam bought around 14k shares on-market at roughly €15.03 per share. This was the largest purchase by an insider in the last 3 months. This was Hans' only on-market trade for the last 12 months. Reported Earnings • Oct 23
Third quarter 2021 earnings released Third quarter 2021 results: Revenue: kr597.0m (up 8.9% from 3Q 2020). Net income: kr828.0m (up 141% from 3Q 2020). Upcoming Dividend • Oct 22
Upcoming dividend of kr0.60 per share Eligible shareholders must have bought the stock before 29 October 2021. Payment date: 04 November 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%). Recent Insider Transactions • Aug 31
Insider recently bought €14k worth of stock On the 23rd of August, Marina Fritsche bought around 1k shares on-market at roughly €14.18 per share. In the last 3 months, there was an even bigger purchase from another insider worth €14k. Insiders have collectively bought €299k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 22
Director of Communication recently bought €14k worth of stock On the 16th of July, Elisabeth Vansvik bought around 1k shares on-market at roughly €13.95 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €270k more in shares than they have sold in the last 12 months. Reported Earnings • Jul 10
Second quarter 2021 earnings released: EPS kr3.35 (vs kr1.00 in 2Q 2020) Second quarter 2021 results: Revenue: kr581.0m (up 5.4% from 2Q 2020). Net income: kr1.10b (up 241% from 2Q 2020). Reported Earnings • Apr 29
First quarter 2021 earnings released First quarter 2021 results: Revenue: kr599.0m (up 3.6% from 1Q 2020). Net income: kr723.0m (up 134% from 1Q 2020). Upcoming Dividend • Apr 21
Upcoming dividend of kr0.60 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 04 May 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.0%). Reported Earnings • Mar 25
Full year 2020 earnings released: EPS kr5.91 (vs kr8.47 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr2.67b (up 14% from FY 2019). Net income: kr1.91b (down 30% from FY 2019). Profit margin: 72% (down from 117% in FY 2019). Recent Insider Transactions • Feb 20
Independent Director recently bought €18k worth of stock On the 11th of February, Karin Weijber bought around 2k shares on-market at roughly €12.21 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €690k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Feb 17
New 90-day low: €11.97 The company is down 5.0% from its price of €12.55 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.04 per share. Recent Insider Transactions • Feb 16
Independent Director recently bought €18k worth of stock On the 11th of February, Karin Weijber bought around 2k shares on-market at roughly €12.21 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €678k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 10
Full year 2020 earnings released: EPS kr5.91 (vs kr8.47 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr2.67b (up 14% from FY 2019). Net income: kr1.91b (down 30% from FY 2019). Profit margin: 72% (down from 117% in FY 2019). Is New 90 Day High Low • Nov 12
New 90-day high: €13.16 The company is up 20% from its price of €10.93 on 14 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 Real Estate industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.37 per share. Recent Insider Transactions • Oct 29
Insider recently bought €191k worth of stock On the 23rd of October, Marina Fritsche bought around 15k shares on-market at roughly €12.57 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €751k more in shares than they have sold in the last 12 months. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of kr2.67b, up 18% from the prior year. Total revenue was kr2.20b over the last 12 months, down 19% from the prior year. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of kr2.67b, up 18% from the prior year. Total revenue was kr2.21b over the last 12 months, down 19% from the prior year. Is New 90 Day High Low • Sep 28
New 90-day high: €12.91 The company is up 31% from its price of €9.88 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.19 per share.