This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsOX2（4DA）株式概要OX2 AB (publish)は、風力発電所とソーラーパークを開発・販売している。 詳細4DA ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より45.7%で取引されている リスク分析利益率(6.4%)は昨年より低い(12.5%) 過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見る4DA Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€4.0027.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture08b2016201920222025202620282031Revenue SEK 7.3bEarnings SEK 472.0mAdvancedSet Fair ValueView all narrativesOX2 AB (publ) 競合他社HOCHTIEFSymbol: XTRA:HOTMarket cap: €35.3bBAUERSymbol: HMSE:B5A0Market cap: €252.2mDürrSymbol: XTRA:DUEMarket cap: €1.5bPfeiffer Vacuum TechnologySymbol: XTRA:PFVMarket cap: €1.6b価格と性能株価の高値、安値、推移の概要OX2過去の株価現在の株価€4.0052週高値€5.3752週安値€3.21ベータ1.061ヶ月の変化-23.74%3ヶ月変化-21.26%1年変化11.92%3年間の変化-25.09%5年間の変化n/aIPOからの変化-26.20%最新ニュースお知らせ • Oct 08OX2 AB (publ) Appoints Roshan Saldanha as Chief Financial Officer, Effective April 2025OX2 AB (publ) appointed Roshan Saldanha, the new Chief Financial Officer of the company. He will take on his position in April 2025 and be a member of the Leadership Team at the company. Roshan Saldanha brings nearly 25 years of financial experience to the company, from several different industries and listed companies. He currently holds the position as Chief Financial Officer at Sinch. Before that he held several leadership positions at Tele2 Group, among them as CFO for Tele2 Sweden. He has also previously had assignments for international firms like Arthur Andersen, Citibank and Kinnevik Group. As previously announced CFO Johan Rydmark who has decided to leave the company will remain in his position until April 2025.お知らせ • Oct 07OX2 Set to Delist from Nasdaq Stockholm after EQT TakeoverOX2 AB (publ) is set to be delisted from Nasdaq Stockholm after receiving the bourse's approval, with Oct. 21 being the last day of trading of its shares, according to a October 7, 2024 release. The delisting follows the Swedish renewable energy company's acquisition by EQT Infrastructure VI, a fund managed by Swedish private equity firm EQT.お知らせ • Oct 01Chief Financial Officer Johan Rydmark Leaves OX2 AB (publ) in April 2025Johan Rydmark, Chief Financial Officer, has decided to leave OX2 AB (publ) in April 2025. Johan Rydmark joined OX2 as Chief Financial Officer in June 2019 and has been a member of the Group Leadership Team since then. In his position he has developed the company's corporate governance, financing strategy and finance operations. The search for a successor has been initiated and Johan Rydmark will remain with OX2 until April 2025.お知らせ • Sep 28OX2 AB (publ)(OM:OX2) dropped from OMX Nordic All-Share IndexOX2 AB (publ) has been removed from OMX Nordic All-Share Index .お知らせ • Sep 26+ 1 more updateEQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others.EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) made an offer to acquire OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others for SEK 16.4 billion on May 13, 2024. As per the terms of the transaction, the offer price per share is SEK 60. OX2 AB has formed the independent bid committee consisted of the board members Niklas Midby, Malin Persson and Ann Grevelius. As a part of transaction, there are currently no decisions on any material changes that may impact OX2s employees and management or the existing organisation and operations, including the terms of employment and locations of the business. The independent bid committee of the board of directors of OX2 has unanimously decided to recommend shareholders of the Company to accept the Offer. The Offer is not subject to any financing conditions. The cash consideration payable in respect of the Offer is financed in full by funds available to Otello BidCo by way of an equity commitment letter issued by EQT Infrastructure VI EUR SCSp and EQT Infrastructure VI USD SCSp. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that Otello EQT Infrastructure becomes the owner of more than 50% of the shares in the Company as well as the receipt of all regulatory, governmental or similar clearances, approvals and decisions that are necessary for the Offer. The acceptance period for the Offer is expected to commence on or around June 25, 2024, and expire on or around October 14, 2024. As of May 16, 2024, EQT AB acquired 16,883,351 shares in OX2 (corresponding to 6.20 percent of the shares and votes in OX2) in the market at the Offer Price. Together with the irrevocable undertaking to accept the Offer obtained from Peas Industries AB, representing approximately 45.56 percent of the shares and votes in OX2, Otello BidCo has secured 51.76 percent of the shares and votes in OX2, which means that the required acceptance level for the Offer has been secured. If Otello BidCo, whether in connection with the Offer or otherwise, acquires shares representing more than 90 percent of the total number of shares in OX2, Otello BidCo intends to commence compulsory redemption proceedings under the Swedish Companies Act (2005:551) to acquire all remaining shares in OX2 and to promote delisting of OX2’s shares from Nasdaq Stockholm. On May 20, 2024, Otello BidCo announced that it had secured 55.43% of the shares in OX2 through additional acquisitions. As announced through a notification of changes in major shareholdings published on June 18, 2024, Otello BidCo has on June 14, 2024 acquired an additional 27,029,077 shares, thereby securing 65.35% of the shares in OX2. Assuming that the Offer is declared unconditional no later than on or around October 15, 2024, settlement is expected to be initiated on or around October 21, 2024. Otello BidCo has today received the final regulatory approval necessary for the Offer and the acquisition of OX2. As a result, completion of the Offer is no longer conditional upon the receipt of any regulatory, governmental or similar clearances, approvals or decisions. Otello BidCo has today acquired an additional 13,002,778 shares in OX2 in the market at the Offer Price. As of August 30, 2024, EQT AB has decided to shorten the acceptance period set forth in the Offer Document. The acceptance period will now end on September 23, 2024. As of September 2, 2024, Otello BidCo has acquired an additional 7,000,289 shares in OX2 corresponding to 2.57% in the market at a price per share not exceeding the Offer Price. Such acquisitions, together with previous acquisitions communicated through press releases and the Offer Document as well as the irrevocable undertaking to accept the Offer obtained from OX2’s founder and largest shareholder Peas Industries AB, means that Otello BidCo has secured 75.74 percent of the shares in OX2. The acceptance period ends on September 23, 2024 and Settlement is expected to be initiated on or around September 30, 2024. Otello BidCo declares the Offer unconditional. Ernst & Young Corporate Finance AB provided the fairness opinion, Goldman Sachs Bank Europe SE, Sweden Bankfilial acted as a financial adviser and Carl Westerberg, Gabriel Zsiga and Foad Hoseinian of Gernandt & Danielsson Advokatbyrå acted as a legal adviser to independent bid committee. Sofie Bjärtun, Erik Sjöman, Linnéa Sellström, Joel Magnusson, Christoffer Thalin, Peter Sundgren, Filip Öhrner, Daniel Daun, Niklas Törnell, Sebastian Örndahl, Tilda Hall, Sam Seddigh, Fredrika Hjelmberg and Julia Ulander Kull of Advokatfirman Vinge Stockholm Ab acted as legal advisor to EQT AB. Otello BidCo and EQT Infrastructure VI have retained Rothschild & Co Nordic AB as lead financial advisor, Carnegie Investment Bank AB as financial advisor, Simpson Thacher & Bartlett LLP as legal advisors in connection with the Offer. Fogel & Partners acts as adviser to EQT Infrastructure in connection with the recommended public cash offer for OX2. Kyriakides Georgopoulos & Daniolos Issaias Law Firm acted as legal advisor to EQT. EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others on September 24, 2024. As a part of closing, Otello BidCo announced that the Offer had been accepted to such extent that Otello BidCo will become the owner of 95.58 per cent of all shares in OX2 upon settlement of the shares tendered to the Offer, which is expected to take place on or around October 2, 2024. Otello BidCo has also informed the board of directors of OX2 that Otello BidCo will initiate a compulsory buy-out of the shares in OX2 not held by Otello BidCo, and requested that the board of directors of OX2 applies for delisting of the shares in OX2 from Nasdaq Stockholm.お知らせ • Sep 25OX2 AB (publ) to Delist from Nasdaq StockholmEQT's EQT Infrastructure VI plans to start compulsory redemption proceedings as it now holds 95.58% of OX2 AB (publ)'s shares upon the completion of its cash tender offer. The Swedish private equity giant via Otello BidCo secured a take-up of 171,104,182 shares, representing 62.79% of OX2, according to a September 24, 2024 release. The offer was extended to Oct. 7, with the tendered shares slated for settlement starting Oct. 16. In addition to acquiring the remaining shares, the proceedings also aim to delist OX2 from Nasdaq Stockholm.最新情報をもっと見るRecent updatesお知らせ • Oct 08OX2 AB (publ) Appoints Roshan Saldanha as Chief Financial Officer, Effective April 2025OX2 AB (publ) appointed Roshan Saldanha, the new Chief Financial Officer of the company. He will take on his position in April 2025 and be a member of the Leadership Team at the company. Roshan Saldanha brings nearly 25 years of financial experience to the company, from several different industries and listed companies. He currently holds the position as Chief Financial Officer at Sinch. Before that he held several leadership positions at Tele2 Group, among them as CFO for Tele2 Sweden. He has also previously had assignments for international firms like Arthur Andersen, Citibank and Kinnevik Group. As previously announced CFO Johan Rydmark who has decided to leave the company will remain in his position until April 2025.お知らせ • Oct 07OX2 Set to Delist from Nasdaq Stockholm after EQT TakeoverOX2 AB (publ) is set to be delisted from Nasdaq Stockholm after receiving the bourse's approval, with Oct. 21 being the last day of trading of its shares, according to a October 7, 2024 release. The delisting follows the Swedish renewable energy company's acquisition by EQT Infrastructure VI, a fund managed by Swedish private equity firm EQT.お知らせ • Oct 01Chief Financial Officer Johan Rydmark Leaves OX2 AB (publ) in April 2025Johan Rydmark, Chief Financial Officer, has decided to leave OX2 AB (publ) in April 2025. Johan Rydmark joined OX2 as Chief Financial Officer in June 2019 and has been a member of the Group Leadership Team since then. In his position he has developed the company's corporate governance, financing strategy and finance operations. The search for a successor has been initiated and Johan Rydmark will remain with OX2 until April 2025.お知らせ • Sep 28OX2 AB (publ)(OM:OX2) dropped from OMX Nordic All-Share IndexOX2 AB (publ) has been removed from OMX Nordic All-Share Index .お知らせ • Sep 26+ 1 more updateEQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others.EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) made an offer to acquire OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others for SEK 16.4 billion on May 13, 2024. As per the terms of the transaction, the offer price per share is SEK 60. OX2 AB has formed the independent bid committee consisted of the board members Niklas Midby, Malin Persson and Ann Grevelius. As a part of transaction, there are currently no decisions on any material changes that may impact OX2s employees and management or the existing organisation and operations, including the terms of employment and locations of the business. The independent bid committee of the board of directors of OX2 has unanimously decided to recommend shareholders of the Company to accept the Offer. The Offer is not subject to any financing conditions. The cash consideration payable in respect of the Offer is financed in full by funds available to Otello BidCo by way of an equity commitment letter issued by EQT Infrastructure VI EUR SCSp and EQT Infrastructure VI USD SCSp. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that Otello EQT Infrastructure becomes the owner of more than 50% of the shares in the Company as well as the receipt of all regulatory, governmental or similar clearances, approvals and decisions that are necessary for the Offer. The acceptance period for the Offer is expected to commence on or around June 25, 2024, and expire on or around October 14, 2024. As of May 16, 2024, EQT AB acquired 16,883,351 shares in OX2 (corresponding to 6.20 percent of the shares and votes in OX2) in the market at the Offer Price. Together with the irrevocable undertaking to accept the Offer obtained from Peas Industries AB, representing approximately 45.56 percent of the shares and votes in OX2, Otello BidCo has secured 51.76 percent of the shares and votes in OX2, which means that the required acceptance level for the Offer has been secured. If Otello BidCo, whether in connection with the Offer or otherwise, acquires shares representing more than 90 percent of the total number of shares in OX2, Otello BidCo intends to commence compulsory redemption proceedings under the Swedish Companies Act (2005:551) to acquire all remaining shares in OX2 and to promote delisting of OX2’s shares from Nasdaq Stockholm. On May 20, 2024, Otello BidCo announced that it had secured 55.43% of the shares in OX2 through additional acquisitions. As announced through a notification of changes in major shareholdings published on June 18, 2024, Otello BidCo has on June 14, 2024 acquired an additional 27,029,077 shares, thereby securing 65.35% of the shares in OX2. Assuming that the Offer is declared unconditional no later than on or around October 15, 2024, settlement is expected to be initiated on or around October 21, 2024. Otello BidCo has today received the final regulatory approval necessary for the Offer and the acquisition of OX2. As a result, completion of the Offer is no longer conditional upon the receipt of any regulatory, governmental or similar clearances, approvals or decisions. Otello BidCo has today acquired an additional 13,002,778 shares in OX2 in the market at the Offer Price. As of August 30, 2024, EQT AB has decided to shorten the acceptance period set forth in the Offer Document. The acceptance period will now end on September 23, 2024. As of September 2, 2024, Otello BidCo has acquired an additional 7,000,289 shares in OX2 corresponding to 2.57% in the market at a price per share not exceeding the Offer Price. Such acquisitions, together with previous acquisitions communicated through press releases and the Offer Document as well as the irrevocable undertaking to accept the Offer obtained from OX2’s founder and largest shareholder Peas Industries AB, means that Otello BidCo has secured 75.74 percent of the shares in OX2. The acceptance period ends on September 23, 2024 and Settlement is expected to be initiated on or around September 30, 2024. Otello BidCo declares the Offer unconditional. Ernst & Young Corporate Finance AB provided the fairness opinion, Goldman Sachs Bank Europe SE, Sweden Bankfilial acted as a financial adviser and Carl Westerberg, Gabriel Zsiga and Foad Hoseinian of Gernandt & Danielsson Advokatbyrå acted as a legal adviser to independent bid committee. Sofie Bjärtun, Erik Sjöman, Linnéa Sellström, Joel Magnusson, Christoffer Thalin, Peter Sundgren, Filip Öhrner, Daniel Daun, Niklas Törnell, Sebastian Örndahl, Tilda Hall, Sam Seddigh, Fredrika Hjelmberg and Julia Ulander Kull of Advokatfirman Vinge Stockholm Ab acted as legal advisor to EQT AB. Otello BidCo and EQT Infrastructure VI have retained Rothschild & Co Nordic AB as lead financial advisor, Carnegie Investment Bank AB as financial advisor, Simpson Thacher & Bartlett LLP as legal advisors in connection with the Offer. Fogel & Partners acts as adviser to EQT Infrastructure in connection with the recommended public cash offer for OX2. Kyriakides Georgopoulos & Daniolos Issaias Law Firm acted as legal advisor to EQT. EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others on September 24, 2024. As a part of closing, Otello BidCo announced that the Offer had been accepted to such extent that Otello BidCo will become the owner of 95.58 per cent of all shares in OX2 upon settlement of the shares tendered to the Offer, which is expected to take place on or around October 2, 2024. Otello BidCo has also informed the board of directors of OX2 that Otello BidCo will initiate a compulsory buy-out of the shares in OX2 not held by Otello BidCo, and requested that the board of directors of OX2 applies for delisting of the shares in OX2 from Nasdaq Stockholm.お知らせ • Sep 25OX2 AB (publ) to Delist from Nasdaq StockholmEQT's EQT Infrastructure VI plans to start compulsory redemption proceedings as it now holds 95.58% of OX2 AB (publ)'s shares upon the completion of its cash tender offer. The Swedish private equity giant via Otello BidCo secured a take-up of 171,104,182 shares, representing 62.79% of OX2, according to a September 24, 2024 release. The offer was extended to Oct. 7, with the tendered shares slated for settlement starting Oct. 16. In addition to acquiring the remaining shares, the proceedings also aim to delist OX2 from Nasdaq Stockholm.Recent Insider Transactions • Sep 21Chief Executive Officer recently sold €4.2m worth of stockOn the 17th of September, Paul Stormoen sold around 790k shares on-market at roughly €5.30 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months.Recent Insider Transactions • Sep 06Director recently sold €491k worth of stockOn the 2nd of September, Birgit Anna-Karin Celsing sold around 93k shares on-market at roughly €5.29 per share. This transaction amounted to 47% 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 €2.2m more than they bought in the last 12 months.お知らせ • Aug 07Nala Renewables Switzerland Sàrl acquired 99.2 MW Onshore Wind Project in Romania from OX2 AB (publ) (OM:OX2) for SEK 2.5 billion.Nala Renewables Switzerland Sàrl entered into an agreement to acquire 99.2 MW Onshore Wind Project in Romania from OX2 AB (publ) (OM:OX2) for SEK 2.5 billion on August 5, 2024. Mihai Ristici, Vlad Stamatescu, Bogdan Cordos, Ianita ?ui, Roxana Ionescu of Radu Taracila Padurari Retevoescu SCA acted as legal advisor for OX2 AB. Nala Renewables Switzerland Sàrl completed the acquisition of 99.2 MW Onshore Wind Project in Romania from OX2 AB (publ) (OM:OX2) on August 5, 2024.Reported Earnings • Jul 26Second quarter 2024 earnings released: kr0.58 loss per share (vs kr0.92 profit in 2Q 2023)Second quarter 2024 results: kr0.58 loss per share (down from kr0.92 profit in 2Q 2023). Revenue: kr2.23b (up 1.3% from 2Q 2023). Net loss: kr158.0m (down 163% from profit in 2Q 2023). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jun 13OX2 Announces Resignation of Kristina Wright as Chief Operating OfficerOX2 AB (publ) announced Chief Operating Officer Kristina Wright leaves OX2 and her responsibilities will be divided between the other members in the leadership team.Recent Insider Transactions • May 29Chief Commercial Officer recently sold €1.8m worth of stockOn the 23rd of May, Peter Tornberg sold around 344k shares on-market at roughly €5.09 per share. This transaction amounted to 27% 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 €1.7m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 47%After last week's 47% share price gain to €5.01, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 21% over the past year.Reported Earnings • Apr 26First quarter 2024 earnings released: kr0.19 loss per share (vs kr0.36 profit in 1Q 2023)First quarter 2024 results: kr0.19 loss per share (down from kr0.36 profit in 1Q 2023). Revenue: kr944.0m (down 36% from 1Q 2023). Net loss: kr53.0m (down 154% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €3.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 49% over the past year.Reported Earnings • Apr 11Full year 2023 earnings released: EPS: kr3.79 (vs kr4.01 in FY 2022)Full year 2023 results: EPS: kr3.79 (down from kr4.01 in FY 2022). Revenue: kr7.82b (up 2.4% from FY 2022). Net income: kr1.03b (down 5.4% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Construction industry in Europe.お知らせ • Apr 03Flower Technologies AB agreed to acquire 42.5 MW energy storage facility in Bredhälla from OX2 AB (publ) (OM:OX2).Flower Technologies AB agreed to acquire 42.5 MW energy storage facility in Bredhälla from OX2 AB (publ) (OM:OX2) on April 3, 2024. The transaction is conditional on approval from the Swedish authorities and Svenska Kraftnät and is expected to close during the second quarter of 2024.お知らせ • Mar 22OX2 AB (publ) to Report Fiscal Year 2023 Results on Apr 09, 2024OX2 AB (publ) announced that they will report fiscal year 2023 results on Apr 09, 2024Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 28% over the past year.Reported Earnings • Feb 22Full year 2023 earnings released: EPS: kr3.79 (vs kr4.01 in FY 2022)Full year 2023 results: EPS: kr3.79 (down from kr4.01 in FY 2022). Revenue: kr7.82b (up 2.4% from FY 2022). Net income: kr1.03b (down 5.4% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Malin Persson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 02OX2 AB (publ) Updates Earnings Guidance for the Fiscal Year 2023OX2 AB (publ) updated earnings guidance for the fiscal year 2023. for the year, the company expects operating income for the full year 2023 to be approximately SEK 1,000 Million. the company has agreed with Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – to sell a 49% stake in next generation Swedish offshore wind projects. The transaction is expected to impact OX2’s operating income positively with approximately SEK 200 Million in 2023.お知らせ • Nov 23Afcon Renewable Energy Ltd agreed to acquire solar projects of 82 MW in Andalusia and Castilla la Mancha from OX2 AB (publ) (OM:OX2) .Afcon Renewable Energy Ltd agreed to acquire solar projects of 82 MW in Andalusia and Castilla la Mancha from OX2 AB (publ) (OM:OX2) on November 21, 2023. The sale is OX2’s first in Spain and will be recorded in the fourth quarter of 2023.お知らせ • Nov 17OX2 AB (publ) Announces Board AppointmentsOX2 AB (publ) announced it's Annual General Meeting 2024 will be held in Stockholm on 14 May 2024. The Nomination Committee for the Annual General Meeting 2024 has been appointed based on the shareholding structure as of 31 August 2023 and is composed of: Johan Wieslander (Chairman), appointed by Peas Industries, Jesper Bergström, appointed by Handelsbanken Fonder, and Peter Lagerlöf, appointed by Lannebo Fonder. In addition, the Chairman of the Board of Directors of OX2, Johan Ihrfelt, is a member of the Nomination Committee.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: kr1.32 (vs kr0.16 in 3Q 2022)Third quarter 2023 results: EPS: kr1.32 (up from kr0.16 in 3Q 2022). Revenue: kr2.33b (flat on 3Q 2022). Net income: kr360.0m (up kr316.0m from 3Q 2022). Profit margin: 16% (up from 1.9% in 3Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Germany.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €3.41, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Construction industry in Europe. Total loss to shareholders of 46% over the past year.お知らせ • Oct 05+ 2 more updatesOX2 AB (publ) to Report Q3, 2024 Results on Oct 23, 2024OX2 AB (publ) announced that they will report Q3, 2024 results on Oct 23, 2024Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €3.66, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Construction industry in Europe. Total loss to shareholders of 59% over the past year.Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: kr0.92 (vs kr1.12 in 2Q 2022)Second quarter 2023 results: EPS: kr0.92 (down from kr1.12 in 2Q 2022). Revenue: kr2.20b (up 50% from 2Q 2022). Net income: kr251.0m (down 17% from 2Q 2022). Profit margin: 11% (down from 21% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Germany.お知らせ • Jul 04OX2 AB (publ) Announces Resignation of Jan Frykhammar as Board of Director and Member of Audit CommitteeJan Frykhammar has informed the board of directors of OX2 AB (publ) that he resigns as member of the board from July 3, 2023. Jan Frykhammar has notified the Board that he will be resigning for personal matters. Jan Frykhammar will also be leaving the OX2 Audit Committee.お知らせ • May 17Petter Samlin Do Not Stand for Re-Election as Director of OX2 AB (publ)OX2 AB (publ) at its AGM held on May 16, 2023, announced that Petter Samlin had declined re-election as Director.お知らせ • May 14Ingka Investments agreed to acquire three offshore wind projects in Finland from OX2 AB (publ) (OM:OX2).Ingka Investments agreed to acquire three offshore wind projects in Finland from OX2 AB (publ) (OM:OX2) on May 12, 2023. The transaction is subject to customary competition merger filing requirements and is expected to be completed within two months.お知らせ • May 09OX2 AB (publ) (OM:OX2) completed the acquisition of ESCO Pacific Pty Ltd from The Shell Petroleum Company Limited, Steve Rademaker and private investors.OX2 AB (publ) (OM:OX2) agreed to acquire ESCO Pacific Pty Ltd from The Shell Petroleum Company Limited, Steve Rademaker and private investors for approximately AUD 140 Million on March 31, 2023. The agreed purchase price amounts to AUD 126 million on a debt free basis. An additional AUD 17 million will be payable contingent upon certain sales and margin targets. Post acquisition, Steve Rademaker will stay with ESCO for two years, initially as Managing Director and thereafter as an advisor to management. The transaction is subject to fulfillment of certain conditions and expected to close by end of April 2023. The transaction is estimated to be EPS accretive in 2024 and beyond. Nick Baker of Herbert Smith Freehills acted as legal advisor to ESCO Pacific Pty Ltd. PWC acted as financial and legal advisor to OX2 AB. Lazard acted as financial advisor to The Shell Petroleum Company Limited, Steve Rademaker and private investors. OX2 AB (publ) (OM:OX2) completed the acquisition of ESCO Pacific Pty Ltd from The Shell Petroleum Company Limited, Steve Rademaker and private investors on May 8, 2023.Reported Earnings • Apr 08Full year 2022 earnings released: EPS: kr4.01 (vs kr1.28 in FY 2021)Full year 2022 results: EPS: kr4.01 (up from kr1.28 in FY 2021). Revenue: kr7.64b (up 53% from FY 2021). Net income: kr1.09b (up 227% from FY 2021). Profit margin: 14% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Europe.Reported Earnings • Feb 23Full year 2022 earnings released: EPS: kr4.01 (vs kr1.28 in FY 2021)Full year 2022 results: EPS: kr4.01 (up from kr1.28 in FY 2021). Revenue: kr7.64b (up 53% from FY 2021). Net income: kr1.09b (up 227% from FY 2021). Profit margin: 14% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Construction industry in Europe.Recent Insider Transactions • Jan 22Director recently sold €153k worth of stockOn the 18th of January, Birgit Anna-Karin Celsing sold around 20k shares on-market at roughly €7.64 per share. This transaction amounted to 9.2% 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 €3.2m more than they bought in the last 12 months.お知らせ • Jan 10OX2 AB (publ) (OM:OX2) entered into an agreement to acquire 152 MW solar power portfolio in Andalusia from UAB Green Genius.OX2 AB (publ) (OM:OX2) entered into an agreement to acquire 152 MW solar power portfolio in Andalusia from UAB Green Genius on January 09, 2023. J&A Garrigues, S.L.P. acted as the legal advisor to Green Genius.お知らせ • Dec 23OX2 AB (publ) to Report Q1, 2023 Results on Apr 28, 2023OX2 AB (publ) announced that they will report Q1, 2023 results on Apr 28, 2023お知らせ • Dec 01OX2 AB (publ), Annual General Meeting, May 16, 2023OX2 AB (publ), Annual General Meeting, May 16, 2023.お知らせ • Nov 29Helen Oy and Ålandsbanken Abp (HLSE:ALBAV) agreed to acquire Niinimäki wind farm in Finland from OX2 AB (publ) (OM:OX2).Helen Oy and Ålandsbanken Abp (HLSE:ALBAV) agreed to acquire Niinimäki wind farm in Finland from OX2 AB (publ) (OM:OX2) on November 28, 2022. Construction of the Niinimäki wind farm will begin immediately, and the project is expected to be completed by the end of 2024. The wind farm will consist of 22 turbines and have a total installed capacity of 145 MW.お知らせ • Oct 29OX2 AB (Publ) Re-Iterates Earnings Guidance for the Year of 2022OX2 AB (publ) re-iterated earnings guidance for the year of 2022. For the year, the company expected operating income exceeding SEK 1 billion.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr0.16 (vs kr0.055 in 3Q 2021)Third quarter 2022 results: EPS: kr0.16 (up from kr0.055 in 3Q 2021). Revenue: kr2.31b (up 285% from 3Q 2021). Net income: kr44.0m (up 193% from 3Q 2021). Profit margin: 1.9% (down from 2.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Construction industry in Europe.お知らせ • Aug 30Ingka Investments agreed to acquire 49% stake in Three offshore wind development projects in Sweden from OX2 AB (publ) (OM:OX2) for €58 million.Ingka Investments agreed to acquire 49% stake in Three offshore wind development projects in Sweden from OX2 AB (publ) (OM:OX2) for €58 million on August 29, 2022. The three wind power projects are Galatea-Galene in Kattegat, Triton in the Baltic Sea south of Sweden and Aurora between the islands Öland and Gotland. The transaction is subject to customary competition merger filing requirements and is expected to be completed within two months. Orrick, Herrington & Sutcliffe (Uk) Llp and Mannheimer Swartling Advokatbyrå Aktiebolag acted as legal advisor to OX2 AB (publ). KPMG LLP acted as accountant to OX2 AB (publ).お知らせ • Aug 29OX2 AB (publ) Updates Earnings Guidance for the Second Half and Full Year of 2022OX2 AB (publ) sells its first offshore wind projects to Ingka Investments, who acquires a 49% stake in three projects in Sweden. The projects will have the potential to reach a total installed capacity of up to 9,000 MW. OX2 will receive an initial payment of SEK 610 million. The transaction is expected to impact operating income positively with SEK 584 million in the second half of 2022. Following the completion of the transaction, the company expects operating income for the full year 2022 to be slightly above SEK 1,000 million.お知らせ • Aug 27OX2 AB Appoints Kristina Wright as Chief Operating Officer, Effective November 1, 2022OX2 AB announced that effective November 1, 2022, Kristina Wright takes on the position as Chief Operating Officer and becomes a member of OX2’s Management Team. As Chief Operating Officer (COO) Kristina Wright will be responsible for driving growth in OX2’s markets as well as capturing the synergies between the company's different operations. Kristina Wright currently works as Vice President, Head of Global Operating Model and Transformation Office, at the global energy solution provider Vestas. Before that she has held similar roles at A.P. Moeller Maersk.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to €9.80, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 72% over the past year.Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: kr1.12 (vs kr0.14 in 2Q 2021)Second quarter 2022 results: EPS: kr1.12 (up from kr0.14 in 2Q 2021). Revenue: kr1.47b (up 55% from 2Q 2021). Net income: kr304.0m (up kr270.0m from 2Q 2021). Profit margin: 21% (up from 3.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 56%, compared to a 9.2% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €6.59, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 11x in the Construction industry in Europe.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: kr0.41 (vs kr0.19 in 1Q 2021)First quarter 2022 results: EPS: kr0.41 (up from kr0.19 in 1Q 2021). Revenue: kr1.62b (up 62% from 1Q 2021). Net income: kr111.0m (up 132% from 1Q 2021). Profit margin: 6.8% (up from 4.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 49%, compared to a 6.0% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to €7.23, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 12x in the Construction industry in Europe.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: kr1.28 (vs kr1.19 in FY 2020)Full year 2021 results: EPS: kr1.28 (up from kr1.19 in FY 2020). Revenue: kr4.98b (down 4.2% from FY 2020). Net income: kr334.0m (up 12% from FY 2020). Profit margin: 6.7% (up from 5.7% in FY 2020). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 48%, compared to a 5.5% growth forecast for the industry in Germany.Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr1.28 (up from kr1.19 in FY 2020). Revenue: kr4.98b (down 4.2% from FY 2020). Net income: kr334.0m (up 12% from FY 2020). Profit margin: 6.7% (up from 5.7% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 50%. Over the next year, revenue is forecast to grow 46%, compared to a 11% growth forecast for the industry in Germany.お知らせ • Feb 24OX2 AB (publ) to Report Q1, 2022 Results on Apr 27, 2022OX2 AB (publ) announced that they will report Q1, 2022 results on Apr 27, 2022Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to €4.01, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 12x in the Construction industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €3.29 per share.お知らせ • Jan 13MEAG MUNICH ERGO Asset Management GmbH cancelled the acquisition of Zary Wind Park.MEAG MUNICH ERGO Asset Management GmbH agreed to acquire Zary Wind Park on February 4, 2020. The wind park is scheduled to go into operation in the spring of 2021. MEAG MUNICH ERGO Asset Management GmbH completed the acquisition of Zary Wind Park on January 11, 2022.お知らせ • Dec 31OX2 AB Applies for A Natura 2000 Permit for A Wind Farm Outside SkåneOX2 AB applied for a Natura 2000-permit for an offshore wind farm within the Swedish Exclusive Economic Zone off the coast of Skåne. The wind farm is called Triton and is located about 30 km south of Ystad. The offshore wind farm comprises up to 129 turbines with a maximum height of 370 meters. OX2's permit application, which includes an environmental impact assessment, EIA, is handled by the County Administrative Board of Skåne. The capacity of the wind farm is about 1,800 MW, and the estimated electricity production amounts to approximately 7.5 TWh per year, which corresponds to the production from a nuclear power reactor or an annual household electricity consumption of 1.5 million households. The project corresponds to reduced carbon dioxide emissions of approximately 4.5 million tonnes per year. The project is part of OX2's Swedish project development portfolio, which at the end of the third quarter amounted to 11.3 GW.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €5.40, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 13x in the Construction industry in Europe.株主還元4DADE ConstructionDE 市場7D-22.9%-8.5%3.2%1Y11.9%165.7%2.5%株主還元を見る業界別リターン: 4DA過去 1 年間で165.7 % の収益を上げたGerman Construction業界を上回りました。リターン対市場: 4DAは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is 4DA's price volatile compared to industry and market?4DA volatility4DA Average Weekly Movement6.7%Construction Industry Average Movement5.4%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%安定した株価: 4DA 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 4DAの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2004499Paul Stormoenwww.ox2.comOX2 AB (publish)は風力発電所とソーラーパークの開発と販売を行っている。スウェーデン、フィンランド、フランス、イタリア、リトアニア、ノルウェー、ポーランド、ルーマニア、エストニア、オーランド、スペインで事業を展開している。旧社名はOX2 Wind ABで、2019年2月にOX2 AB（publ）に社名変更した。同社は2004年に法人化され、スウェーデンのストックホルムに本社を置いている。2024年9月24日付でOX2 AB（publ）は非公開化された。もっと見るOX2 AB (publ) 基礎のまとめOX2 の収益と売上を時価総額と比較するとどうか。4DA 基礎統計学時価総額€1.09b収益（TTM）€41.34m売上高(TTM)€642.43m26.4xPER（株価収益率1.7xP/Sレシオ4DA は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計4DA 損益計算書（TTM）収益SEK 7.34b売上原価SEK 5.70b売上総利益SEK 1.64bその他の費用SEK 1.17b収益SEK 472.00m直近の収益報告Jun 30, 2024次回決算日該当なし一株当たり利益（EPS）1.73グロス・マージン22.34%純利益率6.43%有利子負債／自己資本比率4.1%4DA の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/10/24 23:47終値2024/10/24 00:00収益2024/06/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋OX2 AB (publ) 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Kristofer Liljeberg-SvenssonCarnegie Investment Bank ABOskar LindstromDanske BankJohan SkoglundDNB Carnegie
お知らせ • Oct 08OX2 AB (publ) Appoints Roshan Saldanha as Chief Financial Officer, Effective April 2025OX2 AB (publ) appointed Roshan Saldanha, the new Chief Financial Officer of the company. He will take on his position in April 2025 and be a member of the Leadership Team at the company. Roshan Saldanha brings nearly 25 years of financial experience to the company, from several different industries and listed companies. He currently holds the position as Chief Financial Officer at Sinch. Before that he held several leadership positions at Tele2 Group, among them as CFO for Tele2 Sweden. He has also previously had assignments for international firms like Arthur Andersen, Citibank and Kinnevik Group. As previously announced CFO Johan Rydmark who has decided to leave the company will remain in his position until April 2025.
お知らせ • Oct 07OX2 Set to Delist from Nasdaq Stockholm after EQT TakeoverOX2 AB (publ) is set to be delisted from Nasdaq Stockholm after receiving the bourse's approval, with Oct. 21 being the last day of trading of its shares, according to a October 7, 2024 release. The delisting follows the Swedish renewable energy company's acquisition by EQT Infrastructure VI, a fund managed by Swedish private equity firm EQT.
お知らせ • Oct 01Chief Financial Officer Johan Rydmark Leaves OX2 AB (publ) in April 2025Johan Rydmark, Chief Financial Officer, has decided to leave OX2 AB (publ) in April 2025. Johan Rydmark joined OX2 as Chief Financial Officer in June 2019 and has been a member of the Group Leadership Team since then. In his position he has developed the company's corporate governance, financing strategy and finance operations. The search for a successor has been initiated and Johan Rydmark will remain with OX2 until April 2025.
お知らせ • Sep 28OX2 AB (publ)(OM:OX2) dropped from OMX Nordic All-Share IndexOX2 AB (publ) has been removed from OMX Nordic All-Share Index .
お知らせ • Sep 26+ 1 more updateEQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others.EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) made an offer to acquire OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others for SEK 16.4 billion on May 13, 2024. As per the terms of the transaction, the offer price per share is SEK 60. OX2 AB has formed the independent bid committee consisted of the board members Niklas Midby, Malin Persson and Ann Grevelius. As a part of transaction, there are currently no decisions on any material changes that may impact OX2s employees and management or the existing organisation and operations, including the terms of employment and locations of the business. The independent bid committee of the board of directors of OX2 has unanimously decided to recommend shareholders of the Company to accept the Offer. The Offer is not subject to any financing conditions. The cash consideration payable in respect of the Offer is financed in full by funds available to Otello BidCo by way of an equity commitment letter issued by EQT Infrastructure VI EUR SCSp and EQT Infrastructure VI USD SCSp. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that Otello EQT Infrastructure becomes the owner of more than 50% of the shares in the Company as well as the receipt of all regulatory, governmental or similar clearances, approvals and decisions that are necessary for the Offer. The acceptance period for the Offer is expected to commence on or around June 25, 2024, and expire on or around October 14, 2024. As of May 16, 2024, EQT AB acquired 16,883,351 shares in OX2 (corresponding to 6.20 percent of the shares and votes in OX2) in the market at the Offer Price. Together with the irrevocable undertaking to accept the Offer obtained from Peas Industries AB, representing approximately 45.56 percent of the shares and votes in OX2, Otello BidCo has secured 51.76 percent of the shares and votes in OX2, which means that the required acceptance level for the Offer has been secured. If Otello BidCo, whether in connection with the Offer or otherwise, acquires shares representing more than 90 percent of the total number of shares in OX2, Otello BidCo intends to commence compulsory redemption proceedings under the Swedish Companies Act (2005:551) to acquire all remaining shares in OX2 and to promote delisting of OX2’s shares from Nasdaq Stockholm. On May 20, 2024, Otello BidCo announced that it had secured 55.43% of the shares in OX2 through additional acquisitions. As announced through a notification of changes in major shareholdings published on June 18, 2024, Otello BidCo has on June 14, 2024 acquired an additional 27,029,077 shares, thereby securing 65.35% of the shares in OX2. Assuming that the Offer is declared unconditional no later than on or around October 15, 2024, settlement is expected to be initiated on or around October 21, 2024. Otello BidCo has today received the final regulatory approval necessary for the Offer and the acquisition of OX2. As a result, completion of the Offer is no longer conditional upon the receipt of any regulatory, governmental or similar clearances, approvals or decisions. Otello BidCo has today acquired an additional 13,002,778 shares in OX2 in the market at the Offer Price. As of August 30, 2024, EQT AB has decided to shorten the acceptance period set forth in the Offer Document. The acceptance period will now end on September 23, 2024. As of September 2, 2024, Otello BidCo has acquired an additional 7,000,289 shares in OX2 corresponding to 2.57% in the market at a price per share not exceeding the Offer Price. Such acquisitions, together with previous acquisitions communicated through press releases and the Offer Document as well as the irrevocable undertaking to accept the Offer obtained from OX2’s founder and largest shareholder Peas Industries AB, means that Otello BidCo has secured 75.74 percent of the shares in OX2. The acceptance period ends on September 23, 2024 and Settlement is expected to be initiated on or around September 30, 2024. Otello BidCo declares the Offer unconditional. Ernst & Young Corporate Finance AB provided the fairness opinion, Goldman Sachs Bank Europe SE, Sweden Bankfilial acted as a financial adviser and Carl Westerberg, Gabriel Zsiga and Foad Hoseinian of Gernandt & Danielsson Advokatbyrå acted as a legal adviser to independent bid committee. Sofie Bjärtun, Erik Sjöman, Linnéa Sellström, Joel Magnusson, Christoffer Thalin, Peter Sundgren, Filip Öhrner, Daniel Daun, Niklas Törnell, Sebastian Örndahl, Tilda Hall, Sam Seddigh, Fredrika Hjelmberg and Julia Ulander Kull of Advokatfirman Vinge Stockholm Ab acted as legal advisor to EQT AB. Otello BidCo and EQT Infrastructure VI have retained Rothschild & Co Nordic AB as lead financial advisor, Carnegie Investment Bank AB as financial advisor, Simpson Thacher & Bartlett LLP as legal advisors in connection with the Offer. Fogel & Partners acts as adviser to EQT Infrastructure in connection with the recommended public cash offer for OX2. Kyriakides Georgopoulos & Daniolos Issaias Law Firm acted as legal advisor to EQT. EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others on September 24, 2024. As a part of closing, Otello BidCo announced that the Offer had been accepted to such extent that Otello BidCo will become the owner of 95.58 per cent of all shares in OX2 upon settlement of the shares tendered to the Offer, which is expected to take place on or around October 2, 2024. Otello BidCo has also informed the board of directors of OX2 that Otello BidCo will initiate a compulsory buy-out of the shares in OX2 not held by Otello BidCo, and requested that the board of directors of OX2 applies for delisting of the shares in OX2 from Nasdaq Stockholm.
お知らせ • Sep 25OX2 AB (publ) to Delist from Nasdaq StockholmEQT's EQT Infrastructure VI plans to start compulsory redemption proceedings as it now holds 95.58% of OX2 AB (publ)'s shares upon the completion of its cash tender offer. The Swedish private equity giant via Otello BidCo secured a take-up of 171,104,182 shares, representing 62.79% of OX2, according to a September 24, 2024 release. The offer was extended to Oct. 7, with the tendered shares slated for settlement starting Oct. 16. In addition to acquiring the remaining shares, the proceedings also aim to delist OX2 from Nasdaq Stockholm.
お知らせ • Oct 08OX2 AB (publ) Appoints Roshan Saldanha as Chief Financial Officer, Effective April 2025OX2 AB (publ) appointed Roshan Saldanha, the new Chief Financial Officer of the company. He will take on his position in April 2025 and be a member of the Leadership Team at the company. Roshan Saldanha brings nearly 25 years of financial experience to the company, from several different industries and listed companies. He currently holds the position as Chief Financial Officer at Sinch. Before that he held several leadership positions at Tele2 Group, among them as CFO for Tele2 Sweden. He has also previously had assignments for international firms like Arthur Andersen, Citibank and Kinnevik Group. As previously announced CFO Johan Rydmark who has decided to leave the company will remain in his position until April 2025.
お知らせ • Oct 07OX2 Set to Delist from Nasdaq Stockholm after EQT TakeoverOX2 AB (publ) is set to be delisted from Nasdaq Stockholm after receiving the bourse's approval, with Oct. 21 being the last day of trading of its shares, according to a October 7, 2024 release. The delisting follows the Swedish renewable energy company's acquisition by EQT Infrastructure VI, a fund managed by Swedish private equity firm EQT.
お知らせ • Oct 01Chief Financial Officer Johan Rydmark Leaves OX2 AB (publ) in April 2025Johan Rydmark, Chief Financial Officer, has decided to leave OX2 AB (publ) in April 2025. Johan Rydmark joined OX2 as Chief Financial Officer in June 2019 and has been a member of the Group Leadership Team since then. In his position he has developed the company's corporate governance, financing strategy and finance operations. The search for a successor has been initiated and Johan Rydmark will remain with OX2 until April 2025.
お知らせ • Sep 28OX2 AB (publ)(OM:OX2) dropped from OMX Nordic All-Share IndexOX2 AB (publ) has been removed from OMX Nordic All-Share Index .
お知らせ • Sep 26+ 1 more updateEQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others.EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) made an offer to acquire OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others for SEK 16.4 billion on May 13, 2024. As per the terms of the transaction, the offer price per share is SEK 60. OX2 AB has formed the independent bid committee consisted of the board members Niklas Midby, Malin Persson and Ann Grevelius. As a part of transaction, there are currently no decisions on any material changes that may impact OX2s employees and management or the existing organisation and operations, including the terms of employment and locations of the business. The independent bid committee of the board of directors of OX2 has unanimously decided to recommend shareholders of the Company to accept the Offer. The Offer is not subject to any financing conditions. The cash consideration payable in respect of the Offer is financed in full by funds available to Otello BidCo by way of an equity commitment letter issued by EQT Infrastructure VI EUR SCSp and EQT Infrastructure VI USD SCSp. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that Otello EQT Infrastructure becomes the owner of more than 50% of the shares in the Company as well as the receipt of all regulatory, governmental or similar clearances, approvals and decisions that are necessary for the Offer. The acceptance period for the Offer is expected to commence on or around June 25, 2024, and expire on or around October 14, 2024. As of May 16, 2024, EQT AB acquired 16,883,351 shares in OX2 (corresponding to 6.20 percent of the shares and votes in OX2) in the market at the Offer Price. Together with the irrevocable undertaking to accept the Offer obtained from Peas Industries AB, representing approximately 45.56 percent of the shares and votes in OX2, Otello BidCo has secured 51.76 percent of the shares and votes in OX2, which means that the required acceptance level for the Offer has been secured. If Otello BidCo, whether in connection with the Offer or otherwise, acquires shares representing more than 90 percent of the total number of shares in OX2, Otello BidCo intends to commence compulsory redemption proceedings under the Swedish Companies Act (2005:551) to acquire all remaining shares in OX2 and to promote delisting of OX2’s shares from Nasdaq Stockholm. On May 20, 2024, Otello BidCo announced that it had secured 55.43% of the shares in OX2 through additional acquisitions. As announced through a notification of changes in major shareholdings published on June 18, 2024, Otello BidCo has on June 14, 2024 acquired an additional 27,029,077 shares, thereby securing 65.35% of the shares in OX2. Assuming that the Offer is declared unconditional no later than on or around October 15, 2024, settlement is expected to be initiated on or around October 21, 2024. Otello BidCo has today received the final regulatory approval necessary for the Offer and the acquisition of OX2. As a result, completion of the Offer is no longer conditional upon the receipt of any regulatory, governmental or similar clearances, approvals or decisions. Otello BidCo has today acquired an additional 13,002,778 shares in OX2 in the market at the Offer Price. As of August 30, 2024, EQT AB has decided to shorten the acceptance period set forth in the Offer Document. The acceptance period will now end on September 23, 2024. As of September 2, 2024, Otello BidCo has acquired an additional 7,000,289 shares in OX2 corresponding to 2.57% in the market at a price per share not exceeding the Offer Price. Such acquisitions, together with previous acquisitions communicated through press releases and the Offer Document as well as the irrevocable undertaking to accept the Offer obtained from OX2’s founder and largest shareholder Peas Industries AB, means that Otello BidCo has secured 75.74 percent of the shares in OX2. The acceptance period ends on September 23, 2024 and Settlement is expected to be initiated on or around September 30, 2024. Otello BidCo declares the Offer unconditional. Ernst & Young Corporate Finance AB provided the fairness opinion, Goldman Sachs Bank Europe SE, Sweden Bankfilial acted as a financial adviser and Carl Westerberg, Gabriel Zsiga and Foad Hoseinian of Gernandt & Danielsson Advokatbyrå acted as a legal adviser to independent bid committee. Sofie Bjärtun, Erik Sjöman, Linnéa Sellström, Joel Magnusson, Christoffer Thalin, Peter Sundgren, Filip Öhrner, Daniel Daun, Niklas Törnell, Sebastian Örndahl, Tilda Hall, Sam Seddigh, Fredrika Hjelmberg and Julia Ulander Kull of Advokatfirman Vinge Stockholm Ab acted as legal advisor to EQT AB. Otello BidCo and EQT Infrastructure VI have retained Rothschild & Co Nordic AB as lead financial advisor, Carnegie Investment Bank AB as financial advisor, Simpson Thacher & Bartlett LLP as legal advisors in connection with the Offer. Fogel & Partners acts as adviser to EQT Infrastructure in connection with the recommended public cash offer for OX2. Kyriakides Georgopoulos & Daniolos Issaias Law Firm acted as legal advisor to EQT. EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others on September 24, 2024. As a part of closing, Otello BidCo announced that the Offer had been accepted to such extent that Otello BidCo will become the owner of 95.58 per cent of all shares in OX2 upon settlement of the shares tendered to the Offer, which is expected to take place on or around October 2, 2024. Otello BidCo has also informed the board of directors of OX2 that Otello BidCo will initiate a compulsory buy-out of the shares in OX2 not held by Otello BidCo, and requested that the board of directors of OX2 applies for delisting of the shares in OX2 from Nasdaq Stockholm.
お知らせ • Sep 25OX2 AB (publ) to Delist from Nasdaq StockholmEQT's EQT Infrastructure VI plans to start compulsory redemption proceedings as it now holds 95.58% of OX2 AB (publ)'s shares upon the completion of its cash tender offer. The Swedish private equity giant via Otello BidCo secured a take-up of 171,104,182 shares, representing 62.79% of OX2, according to a September 24, 2024 release. The offer was extended to Oct. 7, with the tendered shares slated for settlement starting Oct. 16. In addition to acquiring the remaining shares, the proceedings also aim to delist OX2 from Nasdaq Stockholm.
Recent Insider Transactions • Sep 21Chief Executive Officer recently sold €4.2m worth of stockOn the 17th of September, Paul Stormoen sold around 790k shares on-market at roughly €5.30 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months.
Recent Insider Transactions • Sep 06Director recently sold €491k worth of stockOn the 2nd of September, Birgit Anna-Karin Celsing sold around 93k shares on-market at roughly €5.29 per share. This transaction amounted to 47% 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 €2.2m more than they bought in the last 12 months.
お知らせ • Aug 07Nala Renewables Switzerland Sàrl acquired 99.2 MW Onshore Wind Project in Romania from OX2 AB (publ) (OM:OX2) for SEK 2.5 billion.Nala Renewables Switzerland Sàrl entered into an agreement to acquire 99.2 MW Onshore Wind Project in Romania from OX2 AB (publ) (OM:OX2) for SEK 2.5 billion on August 5, 2024. Mihai Ristici, Vlad Stamatescu, Bogdan Cordos, Ianita ?ui, Roxana Ionescu of Radu Taracila Padurari Retevoescu SCA acted as legal advisor for OX2 AB. Nala Renewables Switzerland Sàrl completed the acquisition of 99.2 MW Onshore Wind Project in Romania from OX2 AB (publ) (OM:OX2) on August 5, 2024.
Reported Earnings • Jul 26Second quarter 2024 earnings released: kr0.58 loss per share (vs kr0.92 profit in 2Q 2023)Second quarter 2024 results: kr0.58 loss per share (down from kr0.92 profit in 2Q 2023). Revenue: kr2.23b (up 1.3% from 2Q 2023). Net loss: kr158.0m (down 163% from profit in 2Q 2023). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jun 13OX2 Announces Resignation of Kristina Wright as Chief Operating OfficerOX2 AB (publ) announced Chief Operating Officer Kristina Wright leaves OX2 and her responsibilities will be divided between the other members in the leadership team.
Recent Insider Transactions • May 29Chief Commercial Officer recently sold €1.8m worth of stockOn the 23rd of May, Peter Tornberg sold around 344k shares on-market at roughly €5.09 per share. This transaction amounted to 27% 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 €1.7m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 47%After last week's 47% share price gain to €5.01, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 21% over the past year.
Reported Earnings • Apr 26First quarter 2024 earnings released: kr0.19 loss per share (vs kr0.36 profit in 1Q 2023)First quarter 2024 results: kr0.19 loss per share (down from kr0.36 profit in 1Q 2023). Revenue: kr944.0m (down 36% from 1Q 2023). Net loss: kr53.0m (down 154% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to €3.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 49% over the past year.
Reported Earnings • Apr 11Full year 2023 earnings released: EPS: kr3.79 (vs kr4.01 in FY 2022)Full year 2023 results: EPS: kr3.79 (down from kr4.01 in FY 2022). Revenue: kr7.82b (up 2.4% from FY 2022). Net income: kr1.03b (down 5.4% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Construction industry in Europe.
お知らせ • Apr 03Flower Technologies AB agreed to acquire 42.5 MW energy storage facility in Bredhälla from OX2 AB (publ) (OM:OX2).Flower Technologies AB agreed to acquire 42.5 MW energy storage facility in Bredhälla from OX2 AB (publ) (OM:OX2) on April 3, 2024. The transaction is conditional on approval from the Swedish authorities and Svenska Kraftnät and is expected to close during the second quarter of 2024.
お知らせ • Mar 22OX2 AB (publ) to Report Fiscal Year 2023 Results on Apr 09, 2024OX2 AB (publ) announced that they will report fiscal year 2023 results on Apr 09, 2024
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.70, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 28% over the past year.
Reported Earnings • Feb 22Full year 2023 earnings released: EPS: kr3.79 (vs kr4.01 in FY 2022)Full year 2023 results: EPS: kr3.79 (down from kr4.01 in FY 2022). Revenue: kr7.82b (up 2.4% from FY 2022). Net income: kr1.03b (down 5.4% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Malin Persson was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 02OX2 AB (publ) Updates Earnings Guidance for the Fiscal Year 2023OX2 AB (publ) updated earnings guidance for the fiscal year 2023. for the year, the company expects operating income for the full year 2023 to be approximately SEK 1,000 Million. the company has agreed with Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – to sell a 49% stake in next generation Swedish offshore wind projects. The transaction is expected to impact OX2’s operating income positively with approximately SEK 200 Million in 2023.
お知らせ • Nov 23Afcon Renewable Energy Ltd agreed to acquire solar projects of 82 MW in Andalusia and Castilla la Mancha from OX2 AB (publ) (OM:OX2) .Afcon Renewable Energy Ltd agreed to acquire solar projects of 82 MW in Andalusia and Castilla la Mancha from OX2 AB (publ) (OM:OX2) on November 21, 2023. The sale is OX2’s first in Spain and will be recorded in the fourth quarter of 2023.
お知らせ • Nov 17OX2 AB (publ) Announces Board AppointmentsOX2 AB (publ) announced it's Annual General Meeting 2024 will be held in Stockholm on 14 May 2024. The Nomination Committee for the Annual General Meeting 2024 has been appointed based on the shareholding structure as of 31 August 2023 and is composed of: Johan Wieslander (Chairman), appointed by Peas Industries, Jesper Bergström, appointed by Handelsbanken Fonder, and Peter Lagerlöf, appointed by Lannebo Fonder. In addition, the Chairman of the Board of Directors of OX2, Johan Ihrfelt, is a member of the Nomination Committee.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: kr1.32 (vs kr0.16 in 3Q 2022)Third quarter 2023 results: EPS: kr1.32 (up from kr0.16 in 3Q 2022). Revenue: kr2.33b (flat on 3Q 2022). Net income: kr360.0m (up kr316.0m from 3Q 2022). Profit margin: 16% (up from 1.9% in 3Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Germany.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €3.41, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Construction industry in Europe. Total loss to shareholders of 46% over the past year.
お知らせ • Oct 05+ 2 more updatesOX2 AB (publ) to Report Q3, 2024 Results on Oct 23, 2024OX2 AB (publ) announced that they will report Q3, 2024 results on Oct 23, 2024
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €3.66, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Construction industry in Europe. Total loss to shareholders of 59% over the past year.
Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: kr0.92 (vs kr1.12 in 2Q 2022)Second quarter 2023 results: EPS: kr0.92 (down from kr1.12 in 2Q 2022). Revenue: kr2.20b (up 50% from 2Q 2022). Net income: kr251.0m (down 17% from 2Q 2022). Profit margin: 11% (down from 21% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Germany.
お知らせ • Jul 04OX2 AB (publ) Announces Resignation of Jan Frykhammar as Board of Director and Member of Audit CommitteeJan Frykhammar has informed the board of directors of OX2 AB (publ) that he resigns as member of the board from July 3, 2023. Jan Frykhammar has notified the Board that he will be resigning for personal matters. Jan Frykhammar will also be leaving the OX2 Audit Committee.
お知らせ • May 17Petter Samlin Do Not Stand for Re-Election as Director of OX2 AB (publ)OX2 AB (publ) at its AGM held on May 16, 2023, announced that Petter Samlin had declined re-election as Director.
お知らせ • May 14Ingka Investments agreed to acquire three offshore wind projects in Finland from OX2 AB (publ) (OM:OX2).Ingka Investments agreed to acquire three offshore wind projects in Finland from OX2 AB (publ) (OM:OX2) on May 12, 2023. The transaction is subject to customary competition merger filing requirements and is expected to be completed within two months.
お知らせ • May 09OX2 AB (publ) (OM:OX2) completed the acquisition of ESCO Pacific Pty Ltd from The Shell Petroleum Company Limited, Steve Rademaker and private investors.OX2 AB (publ) (OM:OX2) agreed to acquire ESCO Pacific Pty Ltd from The Shell Petroleum Company Limited, Steve Rademaker and private investors for approximately AUD 140 Million on March 31, 2023. The agreed purchase price amounts to AUD 126 million on a debt free basis. An additional AUD 17 million will be payable contingent upon certain sales and margin targets. Post acquisition, Steve Rademaker will stay with ESCO for two years, initially as Managing Director and thereafter as an advisor to management. The transaction is subject to fulfillment of certain conditions and expected to close by end of April 2023. The transaction is estimated to be EPS accretive in 2024 and beyond. Nick Baker of Herbert Smith Freehills acted as legal advisor to ESCO Pacific Pty Ltd. PWC acted as financial and legal advisor to OX2 AB. Lazard acted as financial advisor to The Shell Petroleum Company Limited, Steve Rademaker and private investors. OX2 AB (publ) (OM:OX2) completed the acquisition of ESCO Pacific Pty Ltd from The Shell Petroleum Company Limited, Steve Rademaker and private investors on May 8, 2023.
Reported Earnings • Apr 08Full year 2022 earnings released: EPS: kr4.01 (vs kr1.28 in FY 2021)Full year 2022 results: EPS: kr4.01 (up from kr1.28 in FY 2021). Revenue: kr7.64b (up 53% from FY 2021). Net income: kr1.09b (up 227% from FY 2021). Profit margin: 14% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Europe.
Reported Earnings • Feb 23Full year 2022 earnings released: EPS: kr4.01 (vs kr1.28 in FY 2021)Full year 2022 results: EPS: kr4.01 (up from kr1.28 in FY 2021). Revenue: kr7.64b (up 53% from FY 2021). Net income: kr1.09b (up 227% from FY 2021). Profit margin: 14% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Construction industry in Europe.
Recent Insider Transactions • Jan 22Director recently sold €153k worth of stockOn the 18th of January, Birgit Anna-Karin Celsing sold around 20k shares on-market at roughly €7.64 per share. This transaction amounted to 9.2% 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 €3.2m more than they bought in the last 12 months.
お知らせ • Jan 10OX2 AB (publ) (OM:OX2) entered into an agreement to acquire 152 MW solar power portfolio in Andalusia from UAB Green Genius.OX2 AB (publ) (OM:OX2) entered into an agreement to acquire 152 MW solar power portfolio in Andalusia from UAB Green Genius on January 09, 2023. J&A Garrigues, S.L.P. acted as the legal advisor to Green Genius.
お知らせ • Dec 23OX2 AB (publ) to Report Q1, 2023 Results on Apr 28, 2023OX2 AB (publ) announced that they will report Q1, 2023 results on Apr 28, 2023
お知らせ • Dec 01OX2 AB (publ), Annual General Meeting, May 16, 2023OX2 AB (publ), Annual General Meeting, May 16, 2023.
お知らせ • Nov 29Helen Oy and Ålandsbanken Abp (HLSE:ALBAV) agreed to acquire Niinimäki wind farm in Finland from OX2 AB (publ) (OM:OX2).Helen Oy and Ålandsbanken Abp (HLSE:ALBAV) agreed to acquire Niinimäki wind farm in Finland from OX2 AB (publ) (OM:OX2) on November 28, 2022. Construction of the Niinimäki wind farm will begin immediately, and the project is expected to be completed by the end of 2024. The wind farm will consist of 22 turbines and have a total installed capacity of 145 MW.
お知らせ • Oct 29OX2 AB (Publ) Re-Iterates Earnings Guidance for the Year of 2022OX2 AB (publ) re-iterated earnings guidance for the year of 2022. For the year, the company expected operating income exceeding SEK 1 billion.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: kr0.16 (vs kr0.055 in 3Q 2021)Third quarter 2022 results: EPS: kr0.16 (up from kr0.055 in 3Q 2021). Revenue: kr2.31b (up 285% from 3Q 2021). Net income: kr44.0m (up 193% from 3Q 2021). Profit margin: 1.9% (down from 2.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Construction industry in Europe.
お知らせ • Aug 30Ingka Investments agreed to acquire 49% stake in Three offshore wind development projects in Sweden from OX2 AB (publ) (OM:OX2) for €58 million.Ingka Investments agreed to acquire 49% stake in Three offshore wind development projects in Sweden from OX2 AB (publ) (OM:OX2) for €58 million on August 29, 2022. The three wind power projects are Galatea-Galene in Kattegat, Triton in the Baltic Sea south of Sweden and Aurora between the islands Öland and Gotland. The transaction is subject to customary competition merger filing requirements and is expected to be completed within two months. Orrick, Herrington & Sutcliffe (Uk) Llp and Mannheimer Swartling Advokatbyrå Aktiebolag acted as legal advisor to OX2 AB (publ). KPMG LLP acted as accountant to OX2 AB (publ).
お知らせ • Aug 29OX2 AB (publ) Updates Earnings Guidance for the Second Half and Full Year of 2022OX2 AB (publ) sells its first offshore wind projects to Ingka Investments, who acquires a 49% stake in three projects in Sweden. The projects will have the potential to reach a total installed capacity of up to 9,000 MW. OX2 will receive an initial payment of SEK 610 million. The transaction is expected to impact operating income positively with SEK 584 million in the second half of 2022. Following the completion of the transaction, the company expects operating income for the full year 2022 to be slightly above SEK 1,000 million.
お知らせ • Aug 27OX2 AB Appoints Kristina Wright as Chief Operating Officer, Effective November 1, 2022OX2 AB announced that effective November 1, 2022, Kristina Wright takes on the position as Chief Operating Officer and becomes a member of OX2’s Management Team. As Chief Operating Officer (COO) Kristina Wright will be responsible for driving growth in OX2’s markets as well as capturing the synergies between the company's different operations. Kristina Wright currently works as Vice President, Head of Global Operating Model and Transformation Office, at the global energy solution provider Vestas. Before that she has held similar roles at A.P. Moeller Maersk.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 23% share price gain to €9.80, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 72% over the past year.
Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: kr1.12 (vs kr0.14 in 2Q 2021)Second quarter 2022 results: EPS: kr1.12 (up from kr0.14 in 2Q 2021). Revenue: kr1.47b (up 55% from 2Q 2021). Net income: kr304.0m (up kr270.0m from 2Q 2021). Profit margin: 21% (up from 3.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 56%, compared to a 9.2% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €6.59, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 11x in the Construction industry in Europe.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: kr0.41 (vs kr0.19 in 1Q 2021)First quarter 2022 results: EPS: kr0.41 (up from kr0.19 in 1Q 2021). Revenue: kr1.62b (up 62% from 1Q 2021). Net income: kr111.0m (up 132% from 1Q 2021). Profit margin: 6.8% (up from 4.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 49%, compared to a 6.0% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to €7.23, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 12x in the Construction industry in Europe.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: kr1.28 (vs kr1.19 in FY 2020)Full year 2021 results: EPS: kr1.28 (up from kr1.19 in FY 2020). Revenue: kr4.98b (down 4.2% from FY 2020). Net income: kr334.0m (up 12% from FY 2020). Profit margin: 6.7% (up from 5.7% in FY 2020). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 48%, compared to a 5.5% growth forecast for the industry in Germany.
Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr1.28 (up from kr1.19 in FY 2020). Revenue: kr4.98b (down 4.2% from FY 2020). Net income: kr334.0m (up 12% from FY 2020). Profit margin: 6.7% (up from 5.7% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 50%. Over the next year, revenue is forecast to grow 46%, compared to a 11% growth forecast for the industry in Germany.
お知らせ • Feb 24OX2 AB (publ) to Report Q1, 2022 Results on Apr 27, 2022OX2 AB (publ) announced that they will report Q1, 2022 results on Apr 27, 2022
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to €4.01, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 12x in the Construction industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €3.29 per share.
お知らせ • Jan 13MEAG MUNICH ERGO Asset Management GmbH cancelled the acquisition of Zary Wind Park.MEAG MUNICH ERGO Asset Management GmbH agreed to acquire Zary Wind Park on February 4, 2020. The wind park is scheduled to go into operation in the spring of 2021. MEAG MUNICH ERGO Asset Management GmbH completed the acquisition of Zary Wind Park on January 11, 2022.
お知らせ • Dec 31OX2 AB Applies for A Natura 2000 Permit for A Wind Farm Outside SkåneOX2 AB applied for a Natura 2000-permit for an offshore wind farm within the Swedish Exclusive Economic Zone off the coast of Skåne. The wind farm is called Triton and is located about 30 km south of Ystad. The offshore wind farm comprises up to 129 turbines with a maximum height of 370 meters. OX2's permit application, which includes an environmental impact assessment, EIA, is handled by the County Administrative Board of Skåne. The capacity of the wind farm is about 1,800 MW, and the estimated electricity production amounts to approximately 7.5 TWh per year, which corresponds to the production from a nuclear power reactor or an annual household electricity consumption of 1.5 million households. The project corresponds to reduced carbon dioxide emissions of approximately 4.5 million tonnes per year. The project is part of OX2's Swedish project development portfolio, which at the end of the third quarter amounted to 11.3 GW.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to €5.40, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 13x in the Construction industry in Europe.
