View ValuationVBG Group 将来の成長Future 基準チェック /16VBG Group利益と収益がそれぞれ年間13.7%と5.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.9% 13.8%なると予測されています。主要情報13.7%収益成長率13.79%EPS成長率Machinery 収益成長24.9%収益成長率5.1%将来の株主資本利益率12.92%アナリストカバレッジLow最終更新日13 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Anna Stalenbring was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 27VBG Group AB (publ) to Report Fiscal Year 2026 Results on Feb 17, 2027VBG Group AB (publ) announced that they will report fiscal year 2026 results on Feb 17, 2027お知らせ • Feb 19VBG Group AB (publ) announces Annual dividend, payable on May 20, 2026VBG Group AB (publ) announced Annual dividend of SEK 7.2500 per share payable on May 20, 2026, ex-date on May 13, 2026 and record date on May 15, 2026.お知らせ • Nov 11VBG Group AB (publ) to Report Fiscal Year 2025 Final Results on Apr 13, 2026VBG Group AB (publ) announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on Apr 13, 2026お知らせ • Oct 31VBG Group AB (publ), Annual General Meeting, May 12, 2026VBG Group AB (publ), Annual General Meeting, May 12, 2026.お知らせ • Oct 16+ 2 more updatesVBG Group AB (publ) to Report Q1, 2026 Results on Apr 27, 2026VBG Group AB (publ) announced that they will report Q1, 2026 results on Apr 27, 2026お知らせ • May 14VBG Group AB (publ) Approves Dividend, Payable on 20 May 2025VBG Group AB (publ) at its AGM held on May 13, 2025 approved board of directors’ proposal, on a dividend of SEK 7.25 per share. The record date for the right to receive dividend was resolved to be 15 May 2025. Payment of the dividend by Euroclear Sweden AB is expected to be initiated on 20 May 2025.お知らせ • Feb 20VBG Group AB (publ), Annual General Meeting, May 13, 2025VBG Group AB (publ), Annual General Meeting, May 13, 2025.お知らせ • Feb 19VBG Group AB (publ) to Report Fiscal Year 2025 Results on Feb 18, 2026VBG Group AB (publ) announced that they will report fiscal year 2025 results on Feb 18, 2026お知らせ • Jan 14Vbg Group AB (Publ) Appoints Ola Hermansson as Division CEO of Truck & Trailer EquipmentVBG Group has announced the appointment of Ola Hermansson as the new Division CEO of Truck & Trailer Equipment (TTE). Ola Hermansson, who has lead VBG Group Truck Equipment operations to date, brings 30 years of leadership experience in the automotive industry. Ola holds a master's degree in mechanical engineering from Luleå University of Technology. Ola Hermansson joined the division Truck & Trailer Equipment within VBG Group in 2020 and his previously career includes senior leadership positions at Saab Automobile, AB Volvo and CEVT AB. Ola has been responsible for leading global body structure projects, vehicle program development and for teams in multiple regions including, France, India, North America, Japan and China. Ola Hermansson will assume the role of Division CEO of Truck & Trailer Equipment on January 14, 2025.Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: kr4.49 (vs kr6.36 in 3Q 2023)Third quarter 2024 results: EPS: kr4.49 (down from kr6.36 in 3Q 2023). Revenue: kr1.27b (down 12% from 3Q 2023). Net income: kr112.3m (down 29% from 3Q 2023). Profit margin: 8.8% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany.お知らせ • Sep 06+ 3 more updatesVBG Group AB (publ) to Report Q4, 2024 Results on Jan 19, 2025VBG Group AB (publ) announced that they will report Q4, 2024 results on Jan 19, 2025Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €33.70, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 108% over the past year.New Risk • Jul 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: kr6.71 (vs kr5.53 in 2Q 2023)Second quarter 2024 results: EPS: kr6.71 (up from kr5.53 in 2Q 2023). Revenue: kr1.49b (up 3.0% from 2Q 2023). Net income: kr167.8m (up 21% from 2Q 2023). Profit margin: 11% (up from 9.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany.Buy Or Sell Opportunity • Jul 02Now 22% undervaluedOver the last 90 days, the stock has risen 61% to €42.60. The fair value is estimated to be €54.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.Buy Or Sell Opportunity • Jun 22Now 24% undervaluedOver the last 90 days, the stock has risen 49% to €40.65. The fair value is estimated to be €53.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.お知らせ • May 03+ 1 more updateVBG Group AB (publ) Appoints Anders Birgersson as Chairperson of the BoardVBG Group AB (publ) held its annual general meeting on May 2, 2024 announced the appointment of Anders Birgersson was elected as new chairperson of the board. The board of directors shall consist of six ordinary board members with no deputy board members. Anders Birgersson, Peter Augustsson, Louise Nicolin, Mats R Karlsson, Anna Stålenbring och Anders Erkén (CEO) were re-elected as ordinary members of the board.Upcoming Dividend • Apr 26Upcoming dividend of kr7.00 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.3%).Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr1.54b (up 9.7% from 1Q 2023). Net income: kr195.8m (up 38% from 1Q 2023). Profit margin: 13% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany.お知らせ • Mar 28VBG Group AB (publ) Proposes Dividend for the Year 2023, Payable on 10 May 2024VBG Group AB (publ) announced that at its annual general meeting to be held on 2 May 2024, the board of directors proposes a payment of an ordinary dividend of SEK 7.00 (5.50), with record date on 6 May 2024. If the general meeting resolves in accordance with the proposal, payment of the dividend by Euroclear Sweden AB is expected to be initiated on 10 May 2024.Declared Dividend • Mar 28Dividend of kr7.00 announcedShareholders will receive a dividend of kr7.00. Ex-date: 3rd May 2024 Payment date: 10th May 2024 Dividend yield will be 26%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Mar 12Key Executive recently bought €15k worth of stockOn the 6th of March, Fredrik Jigneus bought around 610 shares on-market at roughly €24.83 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of €34k worth in shares.New Risk • Feb 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.06% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 0.06% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Feb 21Full year 2023 earnings released: EPS: kr22.74 (vs kr14.73 in FY 2022)Full year 2023 results: EPS: kr22.74 (up from kr14.73 in FY 2022). Revenue: kr5.74b (up 25% from FY 2022). Net income: kr568.6m (up 54% from FY 2022). Profit margin: 9.9% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 3.0% growth forecast for the Machinery industry in Germany.お知らせ • Nov 24VBG Group AB (publ) to Report Fiscal Year 2023 Final Results on Mar 28, 2024VBG Group AB (publ) announced that they will report fiscal year 2023 final results on Mar 28, 2024Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €19.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Machinery industry in Germany.Reported Earnings • Oct 27Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr1.44b (up 32% from 3Q 2022). Net income: kr158.9m (up 153% from 3Q 2022). Profit margin: 11% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany.New Risk • Oct 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).お知らせ • Sep 25VBG Group AB (publ) to Report Q3, 2023 Results on Oct 24, 2023VBG Group AB (publ) announced that they will report Q3, 2023 results on Oct 24, 2023お知らせ • Aug 18VBG Group AB (publ), Annual General Meeting, May 02, 2024VBG Group AB (publ), Annual General Meeting, May 02, 2024.Reported Earnings • Jul 23Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr1.45b (up 27% from 2Q 2022). Net income: kr138.2m (up 38% from 2Q 2022). Profit margin: 9.5% (in line with 2Q 2022).お知らせ • Jun 21VBG Group AB (publ) to Report Q2, 2023 Results on Jul 20, 2023VBG Group AB (publ) announced that they will report Q2, 2023 results on Jul 20, 2023Reported Earnings • May 02First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr1.40b (up 21% from 1Q 2022). Net income: kr142.1m (up 24% from 1Q 2022). Profit margin: 10% (in line with 1Q 2022).Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Anna Stalenbring was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.業績と収益の成長予測DB:KU4 - アナリストの将来予測と過去の財務データ ( )SEK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20286,215602575715112/31/20275,891559435666112/31/20265,58545614959113/31/20265,419421243596N/A12/31/20255,394422214531N/A9/30/20255,362377-17543N/A6/30/20255,268393-43560N/A3/31/20255,39946060681N/A12/31/20245,583542204797N/A9/30/20245,752609510682N/A6/30/20245,919655690798N/A3/31/20245,875626628722N/A12/31/20235,740572608723N/A9/30/20235,481530501649N/A6/30/20235,133434294398N/A3/31/20234,824396205316N/A12/31/20224,580368132250N/A9/30/20224,325336127181N/A6/30/20224,081355106222N/A3/31/20223,865348124208N/A12/31/20213,611337125187N/A9/30/20213,435330207289N/A6/30/20213,346322295351N/A3/31/20213,091250341392N/A12/31/20203,147227400446N/A9/30/20203,235229322409N/A6/30/20203,384229367454N/A3/31/20203,693290349452N/A12/31/20193,725300N/A439N/A9/30/20193,747306N/A384N/A6/30/20193,713304N/A316N/A3/31/20193,664298N/A281N/A12/31/20183,492273N/A254N/A9/30/20183,361243N/A295N/A6/30/20183,205225N/A241N/A3/31/20183,051217N/A242N/A12/31/20173,002220N/A244N/A9/30/20172,730199N/A263N/A6/30/20172,346186N/A296N/A3/31/20171,941152N/A271N/A12/31/20161,544121N/A251N/A9/30/20161,402123N/A166N/A6/30/20161,373106N/A138N/A3/31/20161,33290N/A149N/A12/31/20151,31596N/A118N/A9/30/20151,29646N/A159N/A6/30/20151,28088N/A158N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: KU4の予測収益成長率 (年間13.7% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: KU4の収益 ( 13.7% ) German市場 ( 17.2% ) よりも低い成長が予測されています。高成長収益: KU4の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: KU4の収益 ( 5.1% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: KU4の収益 ( 5.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: KU4の 自己資本利益率 は、3年後には低くなると予測されています ( 12.9 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2026/05/29 11:55終値2026/05/29 00:00収益2026/03/31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VBG Group AB (publ) 1 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Ofelia AspemyrABG Sundal Collier SponsoredCarl GustafssonDanske BankGustav BernebladNordea Markets
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Anna Stalenbring was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 27VBG Group AB (publ) to Report Fiscal Year 2026 Results on Feb 17, 2027VBG Group AB (publ) announced that they will report fiscal year 2026 results on Feb 17, 2027
お知らせ • Feb 19VBG Group AB (publ) announces Annual dividend, payable on May 20, 2026VBG Group AB (publ) announced Annual dividend of SEK 7.2500 per share payable on May 20, 2026, ex-date on May 13, 2026 and record date on May 15, 2026.
お知らせ • Nov 11VBG Group AB (publ) to Report Fiscal Year 2025 Final Results on Apr 13, 2026VBG Group AB (publ) announced that they will report fiscal year 2025 final results at 12:00 PM, Central European Standard Time on Apr 13, 2026
お知らせ • Oct 31VBG Group AB (publ), Annual General Meeting, May 12, 2026VBG Group AB (publ), Annual General Meeting, May 12, 2026.
お知らせ • Oct 16+ 2 more updatesVBG Group AB (publ) to Report Q1, 2026 Results on Apr 27, 2026VBG Group AB (publ) announced that they will report Q1, 2026 results on Apr 27, 2026
お知らせ • May 14VBG Group AB (publ) Approves Dividend, Payable on 20 May 2025VBG Group AB (publ) at its AGM held on May 13, 2025 approved board of directors’ proposal, on a dividend of SEK 7.25 per share. The record date for the right to receive dividend was resolved to be 15 May 2025. Payment of the dividend by Euroclear Sweden AB is expected to be initiated on 20 May 2025.
お知らせ • Feb 20VBG Group AB (publ), Annual General Meeting, May 13, 2025VBG Group AB (publ), Annual General Meeting, May 13, 2025.
お知らせ • Feb 19VBG Group AB (publ) to Report Fiscal Year 2025 Results on Feb 18, 2026VBG Group AB (publ) announced that they will report fiscal year 2025 results on Feb 18, 2026
お知らせ • Jan 14Vbg Group AB (Publ) Appoints Ola Hermansson as Division CEO of Truck & Trailer EquipmentVBG Group has announced the appointment of Ola Hermansson as the new Division CEO of Truck & Trailer Equipment (TTE). Ola Hermansson, who has lead VBG Group Truck Equipment operations to date, brings 30 years of leadership experience in the automotive industry. Ola holds a master's degree in mechanical engineering from Luleå University of Technology. Ola Hermansson joined the division Truck & Trailer Equipment within VBG Group in 2020 and his previously career includes senior leadership positions at Saab Automobile, AB Volvo and CEVT AB. Ola has been responsible for leading global body structure projects, vehicle program development and for teams in multiple regions including, France, India, North America, Japan and China. Ola Hermansson will assume the role of Division CEO of Truck & Trailer Equipment on January 14, 2025.
Reported Earnings • Oct 23Third quarter 2024 earnings released: EPS: kr4.49 (vs kr6.36 in 3Q 2023)Third quarter 2024 results: EPS: kr4.49 (down from kr6.36 in 3Q 2023). Revenue: kr1.27b (down 12% from 3Q 2023). Net income: kr112.3m (down 29% from 3Q 2023). Profit margin: 8.8% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany.
お知らせ • Sep 06+ 3 more updatesVBG Group AB (publ) to Report Q4, 2024 Results on Jan 19, 2025VBG Group AB (publ) announced that they will report Q4, 2024 results on Jan 19, 2025
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €33.70, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 108% over the past year.
New Risk • Jul 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).
Reported Earnings • Jul 22Second quarter 2024 earnings released: EPS: kr6.71 (vs kr5.53 in 2Q 2023)Second quarter 2024 results: EPS: kr6.71 (up from kr5.53 in 2Q 2023). Revenue: kr1.49b (up 3.0% from 2Q 2023). Net income: kr167.8m (up 21% from 2Q 2023). Profit margin: 11% (up from 9.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany.
Buy Or Sell Opportunity • Jul 02Now 22% undervaluedOver the last 90 days, the stock has risen 61% to €42.60. The fair value is estimated to be €54.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
Buy Or Sell Opportunity • Jun 22Now 24% undervaluedOver the last 90 days, the stock has risen 49% to €40.65. The fair value is estimated to be €53.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to grow by 11% in the next 2 years.
お知らせ • May 03+ 1 more updateVBG Group AB (publ) Appoints Anders Birgersson as Chairperson of the BoardVBG Group AB (publ) held its annual general meeting on May 2, 2024 announced the appointment of Anders Birgersson was elected as new chairperson of the board. The board of directors shall consist of six ordinary board members with no deputy board members. Anders Birgersson, Peter Augustsson, Louise Nicolin, Mats R Karlsson, Anna Stålenbring och Anders Erkén (CEO) were re-elected as ordinary members of the board.
Upcoming Dividend • Apr 26Upcoming dividend of kr7.00 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.3%).
Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr1.54b (up 9.7% from 1Q 2023). Net income: kr195.8m (up 38% from 1Q 2023). Profit margin: 13% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany.
お知らせ • Mar 28VBG Group AB (publ) Proposes Dividend for the Year 2023, Payable on 10 May 2024VBG Group AB (publ) announced that at its annual general meeting to be held on 2 May 2024, the board of directors proposes a payment of an ordinary dividend of SEK 7.00 (5.50), with record date on 6 May 2024. If the general meeting resolves in accordance with the proposal, payment of the dividend by Euroclear Sweden AB is expected to be initiated on 10 May 2024.
Declared Dividend • Mar 28Dividend of kr7.00 announcedShareholders will receive a dividend of kr7.00. Ex-date: 3rd May 2024 Payment date: 10th May 2024 Dividend yield will be 26%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Mar 12Key Executive recently bought €15k worth of stockOn the 6th of March, Fredrik Jigneus bought around 610 shares on-market at roughly €24.83 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of €34k worth in shares.
New Risk • Feb 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.06% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 0.06% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Feb 21Full year 2023 earnings released: EPS: kr22.74 (vs kr14.73 in FY 2022)Full year 2023 results: EPS: kr22.74 (up from kr14.73 in FY 2022). Revenue: kr5.74b (up 25% from FY 2022). Net income: kr568.6m (up 54% from FY 2022). Profit margin: 9.9% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 3.0% growth forecast for the Machinery industry in Germany.
お知らせ • Nov 24VBG Group AB (publ) to Report Fiscal Year 2023 Final Results on Mar 28, 2024VBG Group AB (publ) announced that they will report fiscal year 2023 final results on Mar 28, 2024
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €19.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Machinery industry in Germany.
Reported Earnings • Oct 27Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr1.44b (up 32% from 3Q 2022). Net income: kr158.9m (up 153% from 3Q 2022). Profit margin: 11% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany.
New Risk • Oct 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).
お知らせ • Sep 25VBG Group AB (publ) to Report Q3, 2023 Results on Oct 24, 2023VBG Group AB (publ) announced that they will report Q3, 2023 results on Oct 24, 2023
お知らせ • Aug 18VBG Group AB (publ), Annual General Meeting, May 02, 2024VBG Group AB (publ), Annual General Meeting, May 02, 2024.
Reported Earnings • Jul 23Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr1.45b (up 27% from 2Q 2022). Net income: kr138.2m (up 38% from 2Q 2022). Profit margin: 9.5% (in line with 2Q 2022).
お知らせ • Jun 21VBG Group AB (publ) to Report Q2, 2023 Results on Jul 20, 2023VBG Group AB (publ) announced that they will report Q2, 2023 results on Jul 20, 2023
Reported Earnings • May 02First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr1.40b (up 21% from 1Q 2022). Net income: kr142.1m (up 24% from 1Q 2022). Profit margin: 10% (in line with 1Q 2022).
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Anna Stalenbring was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.