View Future GrowthBE Group 過去の業績過去 基準チェック /06BE Groupの収益は年間平均-70.2%の割合で減少していますが、 Trade Distributors業界の収益は年間 減少しています。収益は年間1% 8.2%割合で 減少しています。主要情報-70.15%収益成長率-69.16%EPS成長率Trade Distributors 業界の成長41.65%収益成長率-8.17%株主資本利益率-4.74%ネット・マージン-1.22%次回の業績アップデート21 Oct 2026最近の業績更新Reported Earnings • Jul 15Second quarter 2026 earnings released: EPS: kr0.71 (vs kr35.28 loss in 2Q 2025)Second quarter 2026 results: EPS: kr0.71 (up from kr35.28 loss in 2Q 2025). Revenue: kr1.06b (up 1.1% from 2Q 2025). Net income: kr14.0m (up kr472.0m from 2Q 2025). Profit margin: 1.3% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.お知らせ • Nov 10+ 3 more updatesBE Group AB (publ) to Report Q1, 2026 Results on Apr 22, 2026BE Group AB (publ) announced that they will report Q1, 2026 results at 11:00 AM, Central European Standard Time on Apr 22, 2026お知らせ • Jan 28+ 2 more updatesBE Group AB (publ) to Report Fiscal Year 2025 Results on Jan 27, 2026BE Group AB (publ) announced that they will report fiscal year 2025 results at 2:00 PM, Central European Standard Time on Jan 27, 2026お知らせ • Oct 18+ 1 more updateBE Group AB (publ) to Report Q1, 2025 Results on Apr 23, 2025BE Group AB (publ) announced that they will report Q1, 2025 results at 11:00 AM, Central European Standard Time on Apr 23, 2025Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: kr1.36 (vs kr3.24 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.36 (up from kr3.24 loss in 3Q 2023). Revenue: kr1.06b (down 11% from 3Q 2023). Net income: kr18.0m (up kr60.0m from 3Q 2023). Profit margin: 1.7% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr0.077 (vs kr1.46 in 2Q 2023)Second quarter 2024 results: EPS: kr0.077 (down from kr1.46 in 2Q 2023). Revenue: kr1.27b (down 9.5% from 2Q 2023). Net income: kr1.00m (down 95% from 2Q 2023). Profit margin: 0.1% (down from 1.4% in 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesReported Earnings • Jul 15Second quarter 2026 earnings released: EPS: kr0.71 (vs kr35.28 loss in 2Q 2025)Second quarter 2026 results: EPS: kr0.71 (up from kr35.28 loss in 2Q 2025). Revenue: kr1.06b (up 1.1% from 2Q 2025). Net income: kr14.0m (up kr472.0m from 2Q 2025). Profit margin: 1.3% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.お知らせ • Apr 23BE Group AB (publ) Elects Peter Wennerstein as Board MemberBE Group AB (publ) at its AGM held on April 22, 2026, announced that Peter Wennerstein was elected as new board member. Peter Wennerstein, born in 1974, holds a M.Sc. (Economics and Business) and is employed by AB Traction (publ). Peter Wennerstein has previous experience from leading roles within Kesko Sweden and FM Mattsson Mora Group. Peter Wennerstein is to be considered independent in relation to the Company and the Company's executive management but not in relation to the Company´s principal owners.お知らせ • Nov 10+ 3 more updatesBE Group AB (publ) to Report Q1, 2026 Results on Apr 22, 2026BE Group AB (publ) announced that they will report Q1, 2026 results at 11:00 AM, Central European Standard Time on Apr 22, 2026お知らせ • Oct 15BE Group AB (publ), Annual General Meeting, Apr 22, 2026BE Group AB (publ), Annual General Meeting, Apr 22, 2026, at 16:00 W. Europe Standard Time. Location: malmo Swedenお知らせ • Sep 18BE Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 142.815244 million.BE Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 142.815244 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,491,602 Price\Range: SEK 22 Transaction Features: Rights Offeringお知らせ • Jul 31+ 1 more updateBE Group Announces the Resignation of Peter Andersson as CEOPeter Andersson, President and CEO of BE Group, has, at his own request, resigned from his position to assume a new role as CEO in a company operating in another industry. Peter will leave his role when his notice period ends in January 2026, unless the Board decides on an earlier departure in connection with the recruitment of a successor. The process to recruit a new CEO and Group President will commence immediately.お知らせ • Jul 15+ 1 more updateBE Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 142.815244 million.BE Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 142.815244 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,491,602 Price\Range: SEK 22 Transaction Features: Rights Offeringお知らせ • Apr 23Be Group AB (Publ) Elects Alexander Svedulf as New Board MemberBE Group AB (publ) announced that Alexander Svedulf was elected as new Board member.お知らせ • Mar 21BE Group AB (publ), Annual General Meeting, Apr 23, 2025BE Group AB (publ), Annual General Meeting, Apr 23, 2025, at 16:00 W. Europe Standard Time. Location: at highcourt, malmohusvagen 1, malmo Swedenお知らせ • Jan 28+ 2 more updatesBE Group AB (publ) to Report Fiscal Year 2025 Results on Jan 27, 2026BE Group AB (publ) announced that they will report fiscal year 2025 results at 2:00 PM, Central European Standard Time on Jan 27, 2026お知らせ • Nov 26BE Group Streamlines Moves Operations from Poland to Sweden and FinlandBE Group has now decided to relocate the operations to Sweden and Finland and close the Polish operations. This will generate cost rationalization, increased capacity utilization and reduced CO2 footprint in the Group. BE Group's Polish operations were established in 2001 and today has sales and production in Trebaczew. During 2023, the company's external turnover was 1.5% of the Group's total turnover of SEK 5.3 billion. The closure will take place in the coming six months and affects approximately 80 employees. The one-off cost is estimated to amount to approximately SEK 30 M and will affect the result for the current year. The closure is deemed to have an ongoing positive effect with a payback period of less than 1 year. An updated estimation will be presented in connection with the publishing of the fourth quarter report.お知らせ • Oct 18+ 1 more updateBE Group AB (publ) to Report Q1, 2025 Results on Apr 23, 2025BE Group AB (publ) announced that they will report Q1, 2025 results at 11:00 AM, Central European Standard Time on Apr 23, 2025Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: kr1.36 (vs kr3.24 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.36 (up from kr3.24 loss in 3Q 2023). Revenue: kr1.06b (down 11% from 3Q 2023). Net income: kr18.0m (up kr60.0m from 3Q 2023). Profit margin: 1.7% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.New Risk • Aug 30New major risk - Revenue and earnings growthEarnings have declined by 0.005% 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 Risk Earnings have declined by 0.005% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€57.1m market cap, or US$63.2m).Recent Insider Transactions • Aug 07Independent Director recently bought €181k worth of stockOn the 2nd of August, Petter Stillstrom bought around 40k shares on-market at roughly €4.52 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €275k more in shares than they have sold in the last 12 months.Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr0.077 (vs kr1.46 in 2Q 2023)Second quarter 2024 results: EPS: kr0.077 (down from kr1.46 in 2Q 2023). Revenue: kr1.27b (down 9.5% from 2Q 2023). Net income: kr1.00m (down 95% from 2Q 2023). Profit margin: 0.1% (down from 1.4% in 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Jun 19Be Group AB Appoints Petteri Korpioja as New Managing Director for Be Group Oy AB and Will Be Member of Group ManagementPetteri Korpioja has been recruited as new Managing Director for BE Group Oy Ab and will be a member of Group Management. Petteri most recently comes from a role as CEO at Saalasti Oy and has long experience from leading positions in both Finland and abroad. The current Managing Director, Lasse Levola, has decided to retire and is leaving BE Group after almost 20 years within the company. Petteri will start as Managing Director in the beginning of November at the latest.お知らせ • Apr 19BE Group AB (publ) Elects Anders Rothstein as Board Member and Chairman of the BoardBE Group AB (publ) at its AGM, held on April 18, 2024, approved the election of Anders Rothstein as Board member and Chairman of the Board.お知らせ • Mar 26BE Group AB (publ) Will Close Loss-Making Operations in the BalticsBE Group OU, which includes sales unit and warehouse in Maardu (Estonia) and sales units in Riga (Latvia) and Kaunas (Lith Lithuania) has, despite extensive improvement measures taken to reach profitability, continued to generate losses. Decision has therefore been taken to close operations in Baltics. Net sales in 2023 was SEK 268 million and the operating result amounted to SEK 10 million. The closure will take place during the second quarter and affects approximately 25 employees. One-off cost is estimated to amount to approximately SEK 35 million and will affect the result for the current year. The closure is estimated to generate approximately SEK 30 million in positive cash flow impact.Reported Earnings • Mar 22Full year 2023 earnings released: kr4.62 loss per share (vs kr24.96 profit in FY 2022)Full year 2023 results: kr4.62 loss per share (down from kr24.96 profit in FY 2022). Revenue: kr5.33b (down 23% from FY 2022). Net loss: kr60.0m (down 119% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Jan 27+ 1 more updateBE Group AB (publ) to Report First Half, 2024 Results on Jul 11, 2024BE Group AB (publ) announced that they will report first half, 2024 results on Jul 11, 2024Reported Earnings • Jan 26Full year 2023 earnings released: kr4.59 loss per share (vs kr24.96 profit in FY 2022)Full year 2023 results: kr4.59 loss per share (down from kr24.96 profit in FY 2022). Revenue: kr5.33b (down 23% from FY 2022). Net loss: kr60.0m (down 119% from profit in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Oct 22BE Group AB (publ), Annual General Meeting, Apr 18, 2024BE Group AB (publ), Annual General Meeting, Apr 18, 2024.Reported Earnings • Oct 20Third quarter 2023 earnings released: kr3.27 loss per share (vs kr2.00 profit in 3Q 2022)Third quarter 2023 results: kr3.27 loss per share (down from kr2.00 profit in 3Q 2022). Revenue: kr1.19b (down 22% from 3Q 2022). Net loss: kr42.0m (down 262% from profit in 3Q 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 19+ 1 more updateBE Group AB (publ) to Report Fiscal Year 2023 Results on Jan 25, 2024BE Group AB (publ) announced that they will report fiscal year 2023 results at 2:00 PM, Central European Standard Time on Jan 25, 2024Upcoming Dividend • Oct 16Upcoming dividend of kr6.00 per share at 12% yieldEligible shareholders must have bought the stock before 23 October 2023. Payment date: 27 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 12%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.9%).New Risk • Aug 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €88.6m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€88.6m market cap, or US$96.6m).お知らせ • Aug 12BE Group Announces Executive ChangesIn order to increase efficiency and to close the gap between BE Group's customers and management, a review of the organization is ongoing. As a result of this, an agreement has been made with the current MD for the Swedish operations, Magnus Bosson, who will leave the company during this quarter. Given the current Group structure with a focus on the Nordic customers primarily in Sweden and Finland, Peter Andersson, President and CEO of BE Group, will also assume the role as MD for the Swedish operations.Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr1.47 (vs kr19.33 in 2Q 2022)Second quarter 2023 results: EPS: kr1.47 (down from kr19.33 in 2Q 2022). Revenue: kr1.41b (down 31% from 2Q 2022). Net income: kr19.0m (down 92% from 2Q 2022). Profit margin: 1.4% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 39% per year.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to €9.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Total returns to shareholders of 274% over the past three years.Buying Opportunity • Apr 21Now 35% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €15.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 67%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 8.5% in the next 2 years.Upcoming Dividend • Apr 14Upcoming dividend of kr6.00 per share at 8.2% yieldEligible shareholders must have bought the stock before 21 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 8.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €11.34, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Total returns to shareholders of 360% over the past three years.Reported Earnings • Mar 31Full year 2022 earnings releasedFull year 2022 results: Revenue: kr6.88b (up 28% from FY 2021). Net income: kr324.0m (down 35% from FY 2021). Profit margin: 4.7% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 28Full year 2022 earnings released: EPS: kr24.96 (vs kr38.13 in FY 2021)Full year 2022 results: EPS: kr24.96 (down from kr38.13 in FY 2021). Revenue: kr6.88b (up 28% from FY 2021). Net income: kr324.0m (down 35% from FY 2021). Profit margin: 4.7% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 27+ 2 more updatesBE Group AB (publ) to Report Nine Months, 2023 Results on Oct 18, 2023BE Group AB (publ) announced that they will report nine months, 2023 results on Oct 18, 2023Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €8.08, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Trade Distributors industry in Europe. Total returns to shareholders of 143% over the past three years.Reported Earnings • Oct 21Third quarter 2022 earnings released: EPS: kr2.05 (vs kr13.49 in 3Q 2021)Third quarter 2022 results: EPS: kr2.05 (down from kr13.49 in 3Q 2021). Revenue: kr1.51b (up 10% from 3Q 2021). Net income: kr26.0m (down 85% from 3Q 2021). Profit margin: 1.7% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 20+ 1 more updateBE Group AB (publ) to Report Fiscal Year 2022 Results on Jan 26, 2023BE Group AB (publ) announced that they will report fiscal year 2022 results at 2:00 PM, Central European Standard Time on Jan 26, 2023お知らせ • Oct 11BE Group AB Provides Earnings Guidance for the Third Quarter and Nine Months of 2022BE Group AB provided earnings guidance for the third quarter and nine months of 2022. For the third quarter, Group’s net sales is expected to amount to approximately SEK 1,514 million (1,375) and the underlying operating result is expected to amount to approximately SEK 67 million (193). The operating result including inventory gains and losses is expected to amount to approximately SEK 40 million (219). Decreased volume and high costs for incoming material contributes to lower margins and thus a weaker result for the third quarter. A trend that, for the time being, is expected to continue during the fourth quarter.For the first nine months, the Group’s net sales is expected to amount to approximately SEK 5,403 million (3,878) and the underlying operating result is expected to amount to approximately SEK 538 million (394). The operating result including inventory gains and losses is expected to amount to approximately SEK 537 million (463), which means that 2022 in total have good possibility to become another strong year in terms of result.Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to €10.14, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Trade Distributors industry in Europe. Total returns to shareholders of 161% over the past three years.Reported Earnings • Jul 14Second quarter 2022 earnings released: EPS: kr19.30 (vs kr9.74 in 2Q 2021)Second quarter 2022 results: EPS: kr19.30 (up from kr9.74 in 2Q 2021). Revenue: kr2.04b (up 46% from 2Q 2021). Net income: kr251.0m (up 98% from 2Q 2021). Profit margin: 12% (up from 9.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 02EAB AB agreed to acquire Lecor StÅLteknik Ab from BE Group AB (publ) (OM:BEGR).EAB AB agreed to acquire Lecor StÅLteknik Ab from BE Group AB (publ) (OM:BEGR) on June 30, 2022. The turnover in 2021 amounted to SEK 82 million. The deal is expected to close on July 1, 2022.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €10.74, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Trade Distributors industry in Europe. Total returns to shareholders of 184% over the past three years.お知らせ • Apr 24BE Group AB (publ) Appoints Monika Gutén as New Board MemberBE Group AB (publ) announced that at the AGM was held on April 21, 2022, the company approved the appointment of Monika Gutén as new Board member.お知らせ • Apr 22Shareholders of BE Group Resolves Dividend for the year 2021, Payable on April 28, 2022The AGM of BE Group AB (publ) resolved, in accordance with the proposal by the Board of Directors, on a dividend to the shareholders of SEK 12 per share for the 2021 financial year. April 25, 2022 was established as record date for dividend, meaning that the dividend is expected to be paid on April 28, 2022.お知らせ • Mar 07BE Group AB (publ) Immediately Stops Orders and Payments to Companies Subject to Global SanctionsBE Group AB (publ) announced that about 10% of BE Group's total steel purchases in 2021 came from Russian-controlled steel producers. BE Group has immediately stopped orders and payments to companies subject to global sanctions.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to €13.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 254% over the past three years.Buying Opportunity • Feb 08Now 22% undervaluedOver the last 90 days, the stock is up 7.5%. The fair value is estimated to be kr16.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 87% per annum over the last 3 years.Recent Insider Transactions • Feb 04Independent Chairman recently bought €45k worth of stockOn the 28th of January, Jorgen Zahlin bought around 4k shares on-market at roughly €11.34 per share. This was the largest purchase by an insider in the last 3 months. This was Jorgen's only on-market trade for the last 12 months.Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr38.10 (up from kr0.31 in FY 2020). Revenue: kr5.39b (up 47% from FY 2020). Net income: kr495.0m (up kr491.0m from FY 2020). Profit margin: 9.2% (up from 0.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.9%. Over the next year, revenue is expected to shrink by 8.5% compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 28+ 2 more updatesBE Group AB (Publ) Proposes Dividend for the Financial Year of 2021The Board of Directors of BE Group AB (publ) proposed dividend of SEK 12 per share for the financial year of 2021.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €11.15, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 209% over the past three years.Reported Earnings • Oct 22Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr1.38b (up 85% from 3Q 2020). Net income: kr175.0m (up kr179.0m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 20% share price gain to €10.25, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 21x in the Trade Distributors industry in Europe. Total returns to shareholders of 127% over the past three years.お知らせ • Sep 09BE Group AB (publ) Provides Earnings Guidance for the Third Quarter of 2021BE Group AB (publ) provided earnings guidance for the third quarter of 2021. The company's operating result for the third quarter 2021 is expected to exceed the company's profitability targets due to increased demand, higher steel prices and improved margins. Based on the Group´s result up until August, the operating result including inventory gains is estimated to increase significantly and amount to at least SEK 200 million.Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to kr7.28, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 22x in the Trade Distributors industry in Europe. Total returns to shareholders of 57% over the past three years.Reported Earnings • Jul 16Second quarter 2021 earnings released: EPS kr9.74 (vs kr1.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr1.40b (up 50% from 2Q 2020). Net income: kr127.0m (up kr109.0m from 2Q 2020). Profit margin: 9.1% (up from 1.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 24First quarter 2021 earnings released: EPS kr4.88 (vs kr1.75 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr1.10b (down 1.6% from 1Q 2020). Net income: kr63.0m (up kr86.0m from 1Q 2020). Profit margin: 5.7% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Apr 01BE Group Provides Earnings Guidance for the Full Year 2021BE Group provides earnings guidance for the full year 2021. The company reported that operating result for the first quarter 2021 is assessed to exceed the company's profitability targets due to higher steel prices, improved margins and lower costs. The Group's net sales is estimated to SEK 1,100 million. The underlying operating result is expected to amount to between SEK 65 million - 70 million. The operating result including inventory gains is expected to increase significantly and amount to between SEK 78 million - 85 million. The operating result for the first quarter 2020 was affected by items affecting comparability of SEK -35 M.Reported Earnings • Mar 28Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.67b (down 16% from FY 2019). Net income: kr4.00m (down 92% from FY 2019). Profit margin: 0.1% (down from 1.1% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Jan 30Full year 2020 earnings released: EPS kr0.33 (vs kr3.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.67b (down 16% from FY 2019). Net income: kr4.00m (down 92% from FY 2019). Profit margin: 0.1% (down from 1.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% 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.Is New 90 Day High Low • Jan 19New 90-day high: €3.77The company is up 10.0% from its price of €3.42 on 21 October 2020. The German market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Trade Distributors industry, which is up 22% over the same period.Is New 90 Day High Low • Jan 05New 90-day high: €3.67The company is up 12% from its price of €3.27 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 21% over the same period.Is New 90 Day High Low • Dec 16New 90-day high: €3.55The company is up 13% from its price of €3.14 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 14% over the same period.Is New 90 Day High Low • Oct 31New 90-day low: €2.81The company is down 5.0% from its price of €2.96 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 4.0% over the same period.Reported Earnings • Oct 23Third quarter earnings releasedOver the last 12 months the company has reported total losses of kr2.00m, with earnings decreasing by kr56.0m from the prior year. Total revenue was kr3.78b over the last 12 months, down 17% from the prior year.Is New 90 Day High Low • Oct 08New 90-day high: €3.27The company is up 19% from its price of €2.74 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 7.0% over the same period.収支内訳BE Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:BGA1 収益、費用、利益 ( )SEK Millions日付収益収益G+A経費研究開発費30 Jun 263,862-47524031 Mar 263,851-519528031 Dec 253,934-538533030 Sep 254,042-558536030 Jun 254,240-511544031 Mar 254,467-52544031 Dec 244,667-42557030 Sep 244,811-19565030 Jun 244,941-79577031 Mar 245,075-61595031 Dec 235,328-60604030 Sep 235,623-127625030 Jun 235,950-59623031 Mar 236,588173624031 Dec 226,875324616030 Sep 226,913555582030 Jun 226,774704565031 Mar 226,133580553031 Dec 215,388495528030 Sep 214,753378518030 Jun 214,122199503031 Mar 213,65490471031 Dec 203,6724481030 Sep 203,781-2490030 Jun 204,0146506031 Mar 204,2727520031 Dec 194,35950517030 Sep 194,52954519030 Jun 194,66373520031 Mar 194,78261529031 Dec 184,80380527030 Sep 184,74464528030 Jun 184,60150523031 Mar 184,43629515031 Dec 174,34824518030 Sep 174,20627515030 Jun 174,13034514031 Mar 174,03067513031 Dec 163,870-20506030 Sep 163,898-41504030 Jun 163,972-190508031 Mar 164,029-222509031 Dec 154,155-169517030 Sep 154,183-1915210質の高い収益: BGA1は現在利益が出ていません。利益率の向上: BGA1は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: BGA1は利益が出ておらず、過去 5 年間で損失は年間70.2%の割合で増加しています。成長の加速: BGA1の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: BGA1は利益が出ていないため、過去 1 年間の収益成長をTrade Distributors業界 ( 8.8% ) と比較することは困難です。株主資本利益率高いROE: BGA1は現在利益が出ていないため、自己資本利益率 ( -4.74% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YCapital-goods 、過去の業績が好調な企業。View Financial Health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2026/07/26 11:54終値2026/07/24 00:00収益2026/06/30年間収益2025/12/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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BE Group 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。2 アナリスト機関Claes VikbladhABG Sundal Collier SponsoredCecilia KellnerCarnegie Investment Bank AB
Reported Earnings • Jul 15Second quarter 2026 earnings released: EPS: kr0.71 (vs kr35.28 loss in 2Q 2025)Second quarter 2026 results: EPS: kr0.71 (up from kr35.28 loss in 2Q 2025). Revenue: kr1.06b (up 1.1% from 2Q 2025). Net income: kr14.0m (up kr472.0m from 2Q 2025). Profit margin: 1.3% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 10+ 3 more updatesBE Group AB (publ) to Report Q1, 2026 Results on Apr 22, 2026BE Group AB (publ) announced that they will report Q1, 2026 results at 11:00 AM, Central European Standard Time on Apr 22, 2026
お知らせ • Jan 28+ 2 more updatesBE Group AB (publ) to Report Fiscal Year 2025 Results on Jan 27, 2026BE Group AB (publ) announced that they will report fiscal year 2025 results at 2:00 PM, Central European Standard Time on Jan 27, 2026
お知らせ • Oct 18+ 1 more updateBE Group AB (publ) to Report Q1, 2025 Results on Apr 23, 2025BE Group AB (publ) announced that they will report Q1, 2025 results at 11:00 AM, Central European Standard Time on Apr 23, 2025
Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: kr1.36 (vs kr3.24 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.36 (up from kr3.24 loss in 3Q 2023). Revenue: kr1.06b (down 11% from 3Q 2023). Net income: kr18.0m (up kr60.0m from 3Q 2023). Profit margin: 1.7% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr0.077 (vs kr1.46 in 2Q 2023)Second quarter 2024 results: EPS: kr0.077 (down from kr1.46 in 2Q 2023). Revenue: kr1.27b (down 9.5% from 2Q 2023). Net income: kr1.00m (down 95% from 2Q 2023). Profit margin: 0.1% (down from 1.4% in 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 15Second quarter 2026 earnings released: EPS: kr0.71 (vs kr35.28 loss in 2Q 2025)Second quarter 2026 results: EPS: kr0.71 (up from kr35.28 loss in 2Q 2025). Revenue: kr1.06b (up 1.1% from 2Q 2025). Net income: kr14.0m (up kr472.0m from 2Q 2025). Profit margin: 1.3% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 23BE Group AB (publ) Elects Peter Wennerstein as Board MemberBE Group AB (publ) at its AGM held on April 22, 2026, announced that Peter Wennerstein was elected as new board member. Peter Wennerstein, born in 1974, holds a M.Sc. (Economics and Business) and is employed by AB Traction (publ). Peter Wennerstein has previous experience from leading roles within Kesko Sweden and FM Mattsson Mora Group. Peter Wennerstein is to be considered independent in relation to the Company and the Company's executive management but not in relation to the Company´s principal owners.
お知らせ • Nov 10+ 3 more updatesBE Group AB (publ) to Report Q1, 2026 Results on Apr 22, 2026BE Group AB (publ) announced that they will report Q1, 2026 results at 11:00 AM, Central European Standard Time on Apr 22, 2026
お知らせ • Oct 15BE Group AB (publ), Annual General Meeting, Apr 22, 2026BE Group AB (publ), Annual General Meeting, Apr 22, 2026, at 16:00 W. Europe Standard Time. Location: malmo Sweden
お知らせ • Sep 18BE Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 142.815244 million.BE Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 142.815244 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,491,602 Price\Range: SEK 22 Transaction Features: Rights Offering
お知らせ • Jul 31+ 1 more updateBE Group Announces the Resignation of Peter Andersson as CEOPeter Andersson, President and CEO of BE Group, has, at his own request, resigned from his position to assume a new role as CEO in a company operating in another industry. Peter will leave his role when his notice period ends in January 2026, unless the Board decides on an earlier departure in connection with the recruitment of a successor. The process to recruit a new CEO and Group President will commence immediately.
お知らせ • Jul 15+ 1 more updateBE Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 142.815244 million.BE Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 142.815244 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,491,602 Price\Range: SEK 22 Transaction Features: Rights Offering
お知らせ • Apr 23Be Group AB (Publ) Elects Alexander Svedulf as New Board MemberBE Group AB (publ) announced that Alexander Svedulf was elected as new Board member.
お知らせ • Mar 21BE Group AB (publ), Annual General Meeting, Apr 23, 2025BE Group AB (publ), Annual General Meeting, Apr 23, 2025, at 16:00 W. Europe Standard Time. Location: at highcourt, malmohusvagen 1, malmo Sweden
お知らせ • Jan 28+ 2 more updatesBE Group AB (publ) to Report Fiscal Year 2025 Results on Jan 27, 2026BE Group AB (publ) announced that they will report fiscal year 2025 results at 2:00 PM, Central European Standard Time on Jan 27, 2026
お知らせ • Nov 26BE Group Streamlines Moves Operations from Poland to Sweden and FinlandBE Group has now decided to relocate the operations to Sweden and Finland and close the Polish operations. This will generate cost rationalization, increased capacity utilization and reduced CO2 footprint in the Group. BE Group's Polish operations were established in 2001 and today has sales and production in Trebaczew. During 2023, the company's external turnover was 1.5% of the Group's total turnover of SEK 5.3 billion. The closure will take place in the coming six months and affects approximately 80 employees. The one-off cost is estimated to amount to approximately SEK 30 M and will affect the result for the current year. The closure is deemed to have an ongoing positive effect with a payback period of less than 1 year. An updated estimation will be presented in connection with the publishing of the fourth quarter report.
お知らせ • Oct 18+ 1 more updateBE Group AB (publ) to Report Q1, 2025 Results on Apr 23, 2025BE Group AB (publ) announced that they will report Q1, 2025 results at 11:00 AM, Central European Standard Time on Apr 23, 2025
Reported Earnings • Oct 17Third quarter 2024 earnings released: EPS: kr1.36 (vs kr3.24 loss in 3Q 2023)Third quarter 2024 results: EPS: kr1.36 (up from kr3.24 loss in 3Q 2023). Revenue: kr1.06b (down 11% from 3Q 2023). Net income: kr18.0m (up kr60.0m from 3Q 2023). Profit margin: 1.7% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
New Risk • Aug 30New major risk - Revenue and earnings growthEarnings have declined by 0.005% 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 Risk Earnings have declined by 0.005% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€57.1m market cap, or US$63.2m).
Recent Insider Transactions • Aug 07Independent Director recently bought €181k worth of stockOn the 2nd of August, Petter Stillstrom bought around 40k shares on-market at roughly €4.52 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €275k more in shares than they have sold in the last 12 months.
Reported Earnings • Jul 14Second quarter 2024 earnings released: EPS: kr0.077 (vs kr1.46 in 2Q 2023)Second quarter 2024 results: EPS: kr0.077 (down from kr1.46 in 2Q 2023). Revenue: kr1.27b (down 9.5% from 2Q 2023). Net income: kr1.00m (down 95% from 2Q 2023). Profit margin: 0.1% (down from 1.4% in 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 19Be Group AB Appoints Petteri Korpioja as New Managing Director for Be Group Oy AB and Will Be Member of Group ManagementPetteri Korpioja has been recruited as new Managing Director for BE Group Oy Ab and will be a member of Group Management. Petteri most recently comes from a role as CEO at Saalasti Oy and has long experience from leading positions in both Finland and abroad. The current Managing Director, Lasse Levola, has decided to retire and is leaving BE Group after almost 20 years within the company. Petteri will start as Managing Director in the beginning of November at the latest.
お知らせ • Apr 19BE Group AB (publ) Elects Anders Rothstein as Board Member and Chairman of the BoardBE Group AB (publ) at its AGM, held on April 18, 2024, approved the election of Anders Rothstein as Board member and Chairman of the Board.
お知らせ • Mar 26BE Group AB (publ) Will Close Loss-Making Operations in the BalticsBE Group OU, which includes sales unit and warehouse in Maardu (Estonia) and sales units in Riga (Latvia) and Kaunas (Lith Lithuania) has, despite extensive improvement measures taken to reach profitability, continued to generate losses. Decision has therefore been taken to close operations in Baltics. Net sales in 2023 was SEK 268 million and the operating result amounted to SEK 10 million. The closure will take place during the second quarter and affects approximately 25 employees. One-off cost is estimated to amount to approximately SEK 35 million and will affect the result for the current year. The closure is estimated to generate approximately SEK 30 million in positive cash flow impact.
Reported Earnings • Mar 22Full year 2023 earnings released: kr4.62 loss per share (vs kr24.96 profit in FY 2022)Full year 2023 results: kr4.62 loss per share (down from kr24.96 profit in FY 2022). Revenue: kr5.33b (down 23% from FY 2022). Net loss: kr60.0m (down 119% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 27+ 1 more updateBE Group AB (publ) to Report First Half, 2024 Results on Jul 11, 2024BE Group AB (publ) announced that they will report first half, 2024 results on Jul 11, 2024
Reported Earnings • Jan 26Full year 2023 earnings released: kr4.59 loss per share (vs kr24.96 profit in FY 2022)Full year 2023 results: kr4.59 loss per share (down from kr24.96 profit in FY 2022). Revenue: kr5.33b (down 23% from FY 2022). Net loss: kr60.0m (down 119% from profit in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Oct 22BE Group AB (publ), Annual General Meeting, Apr 18, 2024BE Group AB (publ), Annual General Meeting, Apr 18, 2024.
Reported Earnings • Oct 20Third quarter 2023 earnings released: kr3.27 loss per share (vs kr2.00 profit in 3Q 2022)Third quarter 2023 results: kr3.27 loss per share (down from kr2.00 profit in 3Q 2022). Revenue: kr1.19b (down 22% from 3Q 2022). Net loss: kr42.0m (down 262% from profit in 3Q 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 19+ 1 more updateBE Group AB (publ) to Report Fiscal Year 2023 Results on Jan 25, 2024BE Group AB (publ) announced that they will report fiscal year 2023 results at 2:00 PM, Central European Standard Time on Jan 25, 2024
Upcoming Dividend • Oct 16Upcoming dividend of kr6.00 per share at 12% yieldEligible shareholders must have bought the stock before 23 October 2023. Payment date: 27 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 12%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.9%).
New Risk • Aug 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €88.6m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€88.6m market cap, or US$96.6m).
お知らせ • Aug 12BE Group Announces Executive ChangesIn order to increase efficiency and to close the gap between BE Group's customers and management, a review of the organization is ongoing. As a result of this, an agreement has been made with the current MD for the Swedish operations, Magnus Bosson, who will leave the company during this quarter. Given the current Group structure with a focus on the Nordic customers primarily in Sweden and Finland, Peter Andersson, President and CEO of BE Group, will also assume the role as MD for the Swedish operations.
Reported Earnings • Jul 14Second quarter 2023 earnings released: EPS: kr1.47 (vs kr19.33 in 2Q 2022)Second quarter 2023 results: EPS: kr1.47 (down from kr19.33 in 2Q 2022). Revenue: kr1.41b (down 31% from 2Q 2022). Net income: kr19.0m (down 92% from 2Q 2022). Profit margin: 1.4% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 39% per year.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to €9.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Total returns to shareholders of 274% over the past three years.
Buying Opportunity • Apr 21Now 35% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €15.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 67%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 8.5% in the next 2 years.
Upcoming Dividend • Apr 14Upcoming dividend of kr6.00 per share at 8.2% yieldEligible shareholders must have bought the stock before 21 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 8.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €11.34, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Trade Distributors industry in Europe. Total returns to shareholders of 360% over the past three years.
Reported Earnings • Mar 31Full year 2022 earnings releasedFull year 2022 results: Revenue: kr6.88b (up 28% from FY 2021). Net income: kr324.0m (down 35% from FY 2021). Profit margin: 4.7% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 28Full year 2022 earnings released: EPS: kr24.96 (vs kr38.13 in FY 2021)Full year 2022 results: EPS: kr24.96 (down from kr38.13 in FY 2021). Revenue: kr6.88b (up 28% from FY 2021). Net income: kr324.0m (down 35% from FY 2021). Profit margin: 4.7% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 27+ 2 more updatesBE Group AB (publ) to Report Nine Months, 2023 Results on Oct 18, 2023BE Group AB (publ) announced that they will report nine months, 2023 results on Oct 18, 2023
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €8.08, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Trade Distributors industry in Europe. Total returns to shareholders of 143% over the past three years.
Reported Earnings • Oct 21Third quarter 2022 earnings released: EPS: kr2.05 (vs kr13.49 in 3Q 2021)Third quarter 2022 results: EPS: kr2.05 (down from kr13.49 in 3Q 2021). Revenue: kr1.51b (up 10% from 3Q 2021). Net income: kr26.0m (down 85% from 3Q 2021). Profit margin: 1.7% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 20+ 1 more updateBE Group AB (publ) to Report Fiscal Year 2022 Results on Jan 26, 2023BE Group AB (publ) announced that they will report fiscal year 2022 results at 2:00 PM, Central European Standard Time on Jan 26, 2023
お知らせ • Oct 11BE Group AB Provides Earnings Guidance for the Third Quarter and Nine Months of 2022BE Group AB provided earnings guidance for the third quarter and nine months of 2022. For the third quarter, Group’s net sales is expected to amount to approximately SEK 1,514 million (1,375) and the underlying operating result is expected to amount to approximately SEK 67 million (193). The operating result including inventory gains and losses is expected to amount to approximately SEK 40 million (219). Decreased volume and high costs for incoming material contributes to lower margins and thus a weaker result for the third quarter. A trend that, for the time being, is expected to continue during the fourth quarter.For the first nine months, the Group’s net sales is expected to amount to approximately SEK 5,403 million (3,878) and the underlying operating result is expected to amount to approximately SEK 538 million (394). The operating result including inventory gains and losses is expected to amount to approximately SEK 537 million (463), which means that 2022 in total have good possibility to become another strong year in terms of result.
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to €10.14, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Trade Distributors industry in Europe. Total returns to shareholders of 161% over the past three years.
Reported Earnings • Jul 14Second quarter 2022 earnings released: EPS: kr19.30 (vs kr9.74 in 2Q 2021)Second quarter 2022 results: EPS: kr19.30 (up from kr9.74 in 2Q 2021). Revenue: kr2.04b (up 46% from 2Q 2021). Net income: kr251.0m (up 98% from 2Q 2021). Profit margin: 12% (up from 9.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 02EAB AB agreed to acquire Lecor StÅLteknik Ab from BE Group AB (publ) (OM:BEGR).EAB AB agreed to acquire Lecor StÅLteknik Ab from BE Group AB (publ) (OM:BEGR) on June 30, 2022. The turnover in 2021 amounted to SEK 82 million. The deal is expected to close on July 1, 2022.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €10.74, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Trade Distributors industry in Europe. Total returns to shareholders of 184% over the past three years.
お知らせ • Apr 24BE Group AB (publ) Appoints Monika Gutén as New Board MemberBE Group AB (publ) announced that at the AGM was held on April 21, 2022, the company approved the appointment of Monika Gutén as new Board member.
お知らせ • Apr 22Shareholders of BE Group Resolves Dividend for the year 2021, Payable on April 28, 2022The AGM of BE Group AB (publ) resolved, in accordance with the proposal by the Board of Directors, on a dividend to the shareholders of SEK 12 per share for the 2021 financial year. April 25, 2022 was established as record date for dividend, meaning that the dividend is expected to be paid on April 28, 2022.
お知らせ • Mar 07BE Group AB (publ) Immediately Stops Orders and Payments to Companies Subject to Global SanctionsBE Group AB (publ) announced that about 10% of BE Group's total steel purchases in 2021 came from Russian-controlled steel producers. BE Group has immediately stopped orders and payments to companies subject to global sanctions.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to €13.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 254% over the past three years.
Buying Opportunity • Feb 08Now 22% undervaluedOver the last 90 days, the stock is up 7.5%. The fair value is estimated to be kr16.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 87% per annum over the last 3 years.
Recent Insider Transactions • Feb 04Independent Chairman recently bought €45k worth of stockOn the 28th of January, Jorgen Zahlin bought around 4k shares on-market at roughly €11.34 per share. This was the largest purchase by an insider in the last 3 months. This was Jorgen's only on-market trade for the last 12 months.
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: kr38.10 (up from kr0.31 in FY 2020). Revenue: kr5.39b (up 47% from FY 2020). Net income: kr495.0m (up kr491.0m from FY 2020). Profit margin: 9.2% (up from 0.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.9%. Over the next year, revenue is expected to shrink by 8.5% compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 28+ 2 more updatesBE Group AB (Publ) Proposes Dividend for the Financial Year of 2021The Board of Directors of BE Group AB (publ) proposed dividend of SEK 12 per share for the financial year of 2021.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €11.15, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 209% over the past three years.
Reported Earnings • Oct 22Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr1.38b (up 85% from 3Q 2020). Net income: kr175.0m (up kr179.0m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improved over the past weekAfter last week's 20% share price gain to €10.25, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 21x in the Trade Distributors industry in Europe. Total returns to shareholders of 127% over the past three years.
お知らせ • Sep 09BE Group AB (publ) Provides Earnings Guidance for the Third Quarter of 2021BE Group AB (publ) provided earnings guidance for the third quarter of 2021. The company's operating result for the third quarter 2021 is expected to exceed the company's profitability targets due to increased demand, higher steel prices and improved margins. Based on the Group´s result up until August, the operating result including inventory gains is estimated to increase significantly and amount to at least SEK 200 million.
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to kr7.28, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 22x in the Trade Distributors industry in Europe. Total returns to shareholders of 57% over the past three years.
Reported Earnings • Jul 16Second quarter 2021 earnings released: EPS kr9.74 (vs kr1.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr1.40b (up 50% from 2Q 2020). Net income: kr127.0m (up kr109.0m from 2Q 2020). Profit margin: 9.1% (up from 1.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 24First quarter 2021 earnings released: EPS kr4.88 (vs kr1.75 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr1.10b (down 1.6% from 1Q 2020). Net income: kr63.0m (up kr86.0m from 1Q 2020). Profit margin: 5.7% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Apr 01BE Group Provides Earnings Guidance for the Full Year 2021BE Group provides earnings guidance for the full year 2021. The company reported that operating result for the first quarter 2021 is assessed to exceed the company's profitability targets due to higher steel prices, improved margins and lower costs. The Group's net sales is estimated to SEK 1,100 million. The underlying operating result is expected to amount to between SEK 65 million - 70 million. The operating result including inventory gains is expected to increase significantly and amount to between SEK 78 million - 85 million. The operating result for the first quarter 2020 was affected by items affecting comparability of SEK -35 M.
Reported Earnings • Mar 28Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.67b (down 16% from FY 2019). Net income: kr4.00m (down 92% from FY 2019). Profit margin: 0.1% (down from 1.1% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Jan 30Full year 2020 earnings released: EPS kr0.33 (vs kr3.85 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.67b (down 16% from FY 2019). Net income: kr4.00m (down 92% from FY 2019). Profit margin: 0.1% (down from 1.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% 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.
Is New 90 Day High Low • Jan 19New 90-day high: €3.77The company is up 10.0% from its price of €3.42 on 21 October 2020. The German market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Trade Distributors industry, which is up 22% over the same period.
Is New 90 Day High Low • Jan 05New 90-day high: €3.67The company is up 12% from its price of €3.27 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 21% over the same period.
Is New 90 Day High Low • Dec 16New 90-day high: €3.55The company is up 13% from its price of €3.14 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 14% over the same period.
Is New 90 Day High Low • Oct 31New 90-day low: €2.81The company is down 5.0% from its price of €2.96 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 4.0% over the same period.
Reported Earnings • Oct 23Third quarter earnings releasedOver the last 12 months the company has reported total losses of kr2.00m, with earnings decreasing by kr56.0m from the prior year. Total revenue was kr3.78b over the last 12 months, down 17% from the prior year.
Is New 90 Day High Low • Oct 08New 90-day high: €3.27The company is up 19% from its price of €2.74 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 7.0% over the same period.