Per Aarsleff Holding（PE9）株式概要Per Aarsleff Holding A/Sは、デンマーク内外の社会にインフラストラクチャーと建設サービスを提供している。 詳細PE9 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長2/6過去の実績3/6財務の健全性5/6配当金5/6報酬当社が推定した公正価値より45.5%で取引されている 収益は年間13.36%増加すると予測されています 過去5年間の収益は年間15.8%増加しました。 1.66%の安定した配当金を支払う アナリストらは、株価が35.8%上昇するだろうとほぼ一致している。 リスク分析リスクチェックの結果、PE9 、リスクは検出されなかった。すべてのリスクチェックを見るPE9 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW480,107 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA480,107 investors already sharing narrativesYour Fair Value€Current Price€98.7020.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture035b2016201920222025202620282031Revenue DKK 35.0bEarnings DKK 1.3bAdvancedSet Fair ValueView all narrativesPer Aarsleff Holding A/S 競合他社BAUERSymbol: HMSE:B5A0Market cap: €253.9mHOCHTIEFSymbol: XTRA:HOTMarket cap: €33.7bJungheinrichSymbol: XTRA:JUN3Market cap: €2.5bKSB SE KGaASymbol: XTRA:KSBMarket cap: €1.5b価格と性能株価の高値、安値、推移の概要Per Aarsleff Holding過去の株価現在の株価DKK 98.7052週高値DKK 121.8052週安値DKK 82.10ベータ0.641ヶ月の変化4.67%3ヶ月変化-3.99%1年変化4.33%3年間の変化126.12%5年間の変化168.57%IPOからの変化361.41%最新ニュースお知らせ • Jun 09Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning for approximately DKK 770 million on February 24, 2026. A cash consideration of DKK 766 million will be paid by Per Aarsleff Holding A/S. The agreement includes a number of purchase price adjustments, including interest on the purchase price until closing as well as performance-based adjustments. The acquisition is subject to a number of approvals, including from the competition authorities, which are expected in the third quarter of 2026. The acquisition can therefore be completed at the earliest in the final months of the 2025/26 financial year. Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning on June 8, 2026. For the period ended December 31, 2025, CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning reported a total revenue of DKK 2.3 billion and an EBIT of DKK 107 million. The transaction has received all the necessary regulatory approvals.Reported Earnings • May 28Second quarter 2026 earnings released: EPS: kr.10.22 (vs kr.8.84 in 2Q 2025)Second quarter 2026 results: EPS: kr.10.22 (up from kr.8.84 in 2Q 2025). Revenue: kr.6.07b (up 15% from 2Q 2025). Net income: kr.197.0m (up 14% from 2Q 2025). Profit margin: 3.2% (down from 3.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Per Asmussen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 20Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million on February 19, 2026. A cash consideration of DKK 90.7 million will be paid by Per Aarsleff Holding A/S. As part of consideration, DKK 90.7 million is paid towards common equity of Liqui-Force Services (Ontario) Inc. For the period ending December 31, 2025, Liqui-Force Services (Ontario) Inc. reported total revenue of DKK 87.5 million and EBIT of DKK 8.3 million.お知らせ • Dec 17Per Aarsleff Holding A/S announces Annual dividend, payable on January 30, 2026Per Aarsleff Holding A/S announced Annual dividend of DKK 12.0000 per share payable on January 30, 2026, ex-date on January 28, 2026 and record date on January 29, 2026.お知らせ • Sep 19Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026, at 15:00 Romance Standard Time. Location: group headquarters, hasselager, alle 5, 8260 viby j, Denmark最新情報をもっと見るRecent updatesお知らせ • Jun 09Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning for approximately DKK 770 million on February 24, 2026. A cash consideration of DKK 766 million will be paid by Per Aarsleff Holding A/S. The agreement includes a number of purchase price adjustments, including interest on the purchase price until closing as well as performance-based adjustments. The acquisition is subject to a number of approvals, including from the competition authorities, which are expected in the third quarter of 2026. The acquisition can therefore be completed at the earliest in the final months of the 2025/26 financial year. Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning on June 8, 2026. For the period ended December 31, 2025, CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning reported a total revenue of DKK 2.3 billion and an EBIT of DKK 107 million. The transaction has received all the necessary regulatory approvals.Reported Earnings • May 28Second quarter 2026 earnings released: EPS: kr.10.22 (vs kr.8.84 in 2Q 2025)Second quarter 2026 results: EPS: kr.10.22 (up from kr.8.84 in 2Q 2025). Revenue: kr.6.07b (up 15% from 2Q 2025). Net income: kr.197.0m (up 14% from 2Q 2025). Profit margin: 3.2% (down from 3.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Per Asmussen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 20Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million on February 19, 2026. A cash consideration of DKK 90.7 million will be paid by Per Aarsleff Holding A/S. As part of consideration, DKK 90.7 million is paid towards common equity of Liqui-Force Services (Ontario) Inc. For the period ending December 31, 2025, Liqui-Force Services (Ontario) Inc. reported total revenue of DKK 87.5 million and EBIT of DKK 8.3 million.お知らせ • Dec 17Per Aarsleff Holding A/S announces Annual dividend, payable on January 30, 2026Per Aarsleff Holding A/S announced Annual dividend of DKK 12.0000 per share payable on January 30, 2026, ex-date on January 28, 2026 and record date on January 29, 2026.お知らせ • Sep 19Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026, at 15:00 Romance Standard Time. Location: group headquarters, hasselager, alle 5, 8260 viby j, Denmarkお知らせ • Sep 18+ 3 more updatesPer Aarsleff Holding A/S to Report First Half, 2026 Results on May 28, 2026Per Aarsleff Holding A/S announced that they will report first half, 2026 results on May 28, 2026お知らせ • May 17Per Aarsleff Holding A/S Makes Upward Adjustment of the Earnings Guidance for the Financial Year 2024/25In connection with the ongoing preparation of the interim financial report for H1, Per Aarsleff Holding A/S makes upward adjustment of the full-year expectations for the financial year 2024/25 as follows: Revenue growth of 2% to 6%, corresponding to revenue of DKK 22 billion to DKK 23 billion against previously DKK 21.7 billion to DKK 22.8 billion. EBIT in the range of DKK 1,100 million to DKK 1,200 million against previously DKK 1,050 million to DKK 1,150 million.お知らせ • Jan 31+ 1 more updatePer Aarsleff Holding A/S Approves DividendPer Aarsleff Holding A/S at its annual general meeting was held on 30 January 2025, The board of directors' proposal that a dividend of DKK 11 be paid for each share of a nominal value of DKK 2 was adopted.お知らせ • Jan 21Per Aarsleff Holding A/S (CPSE:PAAL B) agreed to acquire 80% stake in Articon As from from it's current owners for approximately DKK 140 million.Per Aarsleff Holding A/S (CPSE:PAAL B) has made an agreement to acquire 80% stake in Articon As from from it's current owners for approximately DKK 140 million on January 20, 2025. A cash consideration of DKK 144 million will be paid by Per Aarsleff Holding A/S. As part of consideration, DKK 144 million is paid towards common equity of Articon As. In 2023, the company’s revenue was DKK 654 million and EBIT was DKK 40 million. Post completion of the acquisition, Aarsleff’s ownership share will amount to 80%, while the remaining ownership share will be dis-tributed with 10% for ArtiCon’s current owners as well as 10% for three executive employees. The takeover requires the approval from the Faroese competition authorities. Also, the earnings expectation for the financial year 2024/25 for ArtiCon will not be incorporated until the invest-ment has been approved.お知らせ • Sep 23Per Aarsleff Holding A/S, Annual General Meeting, Jan 30, 2025Per Aarsleff Holding A/S, Annual General Meeting, Jan 30, 2025, at 15:00 Romance Standard Time. Location: at the group headquarters, hasselager alle 5, 8260 viby j, Denmarkお知らせ • Sep 20+ 3 more updatesPer Aarsleff Holding A/S to Report Q1, 2025 Results on Feb 28, 2025Per Aarsleff Holding A/S announced that they will report Q1, 2025 results on Feb 28, 2025Reported Earnings • Aug 29Third quarter 2024 earnings released: EPS: kr.11.80 (vs kr.11.99 in 3Q 2023)Third quarter 2024 results: EPS: kr.11.80 (down from kr.11.99 in 3Q 2023). Revenue: kr.5.77b (up 8.6% from 3Q 2023). Net income: kr.231.0m (flat on 3Q 2023). Profit margin: 4.0% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 18Per Aarsleff Holding A/S Announces Resignation of Nicolai Schultz, Deputy Group CEOOn 18 June 2024, it has been decided that the Executive Management of Per Aarsleff Holding A/S will be changed on 18 June 2024, as Deputy Group CEO Nicolai Schultz resigns after mutual agreement. Nicolai Schultz has been employed since February 2019 and became a member of the Executive Management in January 2020. As a part of the top management, he has been responsible for the Group’s building activities. In the future, the Executive Management will consist of Group CEO Jesper Kristian Jacobsen and Group CFO Mogens Vedel Hestbæk.お知らせ • Jun 13Per Aarsleff Holding A/S (CPSE:PAAL B) announces an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on January 29, 2024.Per Aarsleff Holding A/S (CPSE:PAAL B) commences share repurchases on June 3, 2024, under the program mandated by the shareholders in the Annual General Meeting held on January 29, 2024. As per the mandate, the company is authorized to repurchase up to nominally 3,645,000 its own B shares, representing 10% of its share capital. The price which is to be paid for each share must not deviate by more than 10% from the market price which applies at the time of acquisition. The authority is valid till January 29, 2029. On May 28, 2024, the company entered into an agreement with Nordea Danmark to repurchase up to 550,000 B shares for DKK 150 million. The shares will not be purchased at a price exceeding the higher of the price of the latest independent transaction and the highest current independent bid on Nasdaq Copenhagen A/S at the time of trading. The purpose of the plan is to meet the obligations arising from share based incentive program for employees. The repurchases will commence from June 3, 2024. The repurchase program is valid till May 31, 2025.Reported Earnings • Feb 29First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr.5.30b (flat on 1Q 2023). Net income: kr.160.0m (down 1.2% from 1Q 2023). Profit margin: 3.0% (down from 3.1% in 1Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe.New Risk • Feb 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.03% 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 0.03% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (105% cash payout ratio).Board Change • Feb 15High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Director Lars-Peter Søbye was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jan 23Upcoming dividend of kr.10.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 01 February 2024. Payout ratio is a comfortable 22% and the cash payout ratio is 84%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.9%).Reported Earnings • Dec 20Full year 2023 earnings releasedFull year 2023 results: Revenue: kr.20.2b (up 12% from FY 2022). Net income: kr.792.0m (up 54% from FY 2022). Profit margin: 3.9% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Construction industry in Germany.New Risk • Dec 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% 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. This is currently the only risk that has been identified for the company.New Risk • Sep 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% 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. This is currently the only risk that has been identified for the company.お知らせ • Sep 21+ 4 more updatesPer Aarsleff Holding A/S to Report First Half, 2024 Results on May 28, 2024Per Aarsleff Holding A/S announced that they will report first half, 2024 results on May 28, 2024Reported Earnings • Aug 31Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr.5.31b (up 14% from 3Q 2022). Net income: kr.233.0m (up 72% from 3Q 2022). Profit margin: 4.4% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Jun 05Second quarter 2023 earnings released: EPS: kr.7.65 (vs kr.4.60 in 2Q 2022)Second quarter 2023 results: EPS: kr.7.65 (up from kr.4.60 in 2Q 2022). Revenue: kr.4.68b (up 14% from 2Q 2022). Net income: kr.146.0m (up 62% from 2Q 2022). Profit margin: 3.1% (up from 2.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 8.4% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Feb 26First quarter 2023 earnings released: EPS: kr.8.36 (vs kr.6.21 in 1Q 2022)First quarter 2023 results: EPS: kr.8.36 (up from kr.6.21 in 1Q 2022). Revenue: kr.5.29b (up 28% from 1Q 2022). Net income: kr.162.0m (up 31% from 1Q 2022). Profit margin: 3.1% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 5.1% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year.お知らせ • Jan 27+ 1 more updatePer Aarsleff Holding A/S Approves DividendPer Aarsleff Holding A/S announced that the board of directors' proposal that a dividend of DKK 8 be paid for each share of a nominal value of DKK 2 was adopted, at its annual general meeting held on 26 January 2023.Upcoming Dividend • Jan 20Upcoming dividend of kr.8.00 per shareEligible shareholders must have bought the stock before 27 January 2023. Payment date: 31 January 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%).Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to €34.15, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Construction industry in Europe. Total returns to shareholders of 28% over the past three years.お知らせ • Dec 18+ 1 more updatePer Aarsleff Holding A/S Proposes Dividend for the Financial Year 2021-2022Per Aarsleff Holding A/S announced that for the financial year 2021-2022, the proposed dividend per share of a nominal value of DKK 2 is DKK 8, corresponding to a dividend distribution of DKK 155.6 million.Reported Earnings • Dec 18Full year 2022 earnings releasedFull year 2022 results: Revenue: kr.18.1b (up 23% from FY 2021). Net income: kr.513.0m (up 8.7% from FY 2021). Profit margin: 2.8% (down from 3.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 3.3%.お知らせ • Sep 21+ 4 more updatesPer Aarsleff Holding A/S, Annual General Meeting, Jan 26, 2023Per Aarsleff Holding A/S, Annual General Meeting, Jan 26, 2023, at 15:00 Central European Standard Time. Location: Hasselager Allé 5, 8260 Viby J Viby J DenmarkReported Earnings • Aug 27Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr.4.67b (up 25% from 3Q 2021). Net income: kr.135.6m (down 1.5% from 3Q 2021). Profit margin: 2.9% (down from 3.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Aug 27Per Aarsleff Holding A/S Provides Outlook for the Full Year 2022Per Aarsleff Holding A/S provides outlook for the full year 2022. The outlook for the full financial year remains unchanged. EBIT from continuing operations is expected to be in the range of DKK 700 million. Revenue expectations are changed to a growth of approx. 20% against previously approx. 12%.お知らせ • Jun 25Per Aarsleff Holding A/S (CPSE:PAAL B) agreed to acquire a 66.6% stake in Trym Anlegg AS from Tes As for NOK 240 million.Per Aarsleff Holding A/S (CPSE:PAAL B) agreed to acquire a 66.6% stake in Trym Anlegg AS from Tes As for NOK 240 million on June 24, 2022. The transaction is subject to approval by the Norwegian Competition Authority.Reported Earnings • Jun 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr.4.12b (up 26% from 2Q 2021). Net income: kr.90.1m (up 3.0% from 2Q 2021). Profit margin: 2.2% (down from 2.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.0%, compared to a 7.6% growth forecast for the industry in Germany.お知らせ • Feb 01Per Aarsleff Holding A/S Approves Dividend for 2021Per Aarsleff Holding A/S approves a dividend of DKK 8 be paid for each share of a nominal value of DKK 2 was adopted.Upcoming Dividend • Jan 25Upcoming dividend of kr.8.00 per shareEligible shareholders must have bought the stock before 01 February 2022. Payment date: 03 February 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.1%).Reported Earnings • Dec 23Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: kr.14.7b (up 11% from FY 2020). Net income: kr.472.1m (up 25% from FY 2020). Profit margin: 3.2% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 4.8%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year.Reported Earnings • Aug 27Third quarter 2021 earnings releasedThe company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: kr.3.72b (up 12% from 3Q 2020). Net income: kr.137.6m (flat on 3Q 2020). Profit margin: 3.7% (down from 4.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Jun 02Second quarter 2021 earnings released: EPS kr.4.37 (vs kr.1.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr.3.28b (up 8.6% from 2Q 2020). Net income: kr.87.6m (up 341% from 2Q 2020). Profit margin: 2.7% (up from 0.7% 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 8% per year whereas the company’s share price has increased by 10% per year.お知らせ • May 07Per Aarsleff Holding A/S (CPSE: PAAL B) agreed to acquire 70% stake in Permagreen Gronland A/S for DKK 38.7 million.Per Aarsleff Holding A/S (CPSE: PAAL B) agreed to acquire 70% stake in Permagreen Gronland A/S for DKK 38.7 million on May 6, 2021 The remaining ownership interest of 30% will be equally shared between Permagreen’s current Chief Executive Officer Jeppe B. Steffensen and the current Production Director Jesper J. Petersen, who both continue in the management. For the year ended 2020, Permagreen reported a revenue of approximately DKK 400 million. Permagreen Gronland has 350 employees. The former principal shareholder Preben Kold Larsen will continue in Permagreen until June 2022, after which time he will work as a consultant. The acquisition is subject to the approval of the Greenlandic competition authorities and is not expected to change Aarsleff’s earnings expectations for 2020/21.Is New 90 Day High Low • Jan 18New 90-day high: €42.85The company is up 20% from its price of €35.75 on 20 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €69.08 per share.Is New 90 Day High Low • Dec 23New 90-day high: €41.40The company is up 19% from its price of €34.85 on 24 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.92 per share.Analyst Estimate Surprise Post Earnings • Dec 22Revenue beats expectationsRevenue exceeded analyst estimates by 0.3%. Over the next year, revenue is forecast to stay flat compared to a 2.0% growth forecast for the Construction industry in Germany.Is New 90 Day High Low • Oct 05New 90-day high: €37.40The company is up 17% from its price of €32.10 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €58.67 per share.お知らせ • Sep 30+ 3 more updatesPer Aarsleff Holding A/S to Report Nine Months, 2021 Results on Aug 26, 2021Per Aarsleff Holding A/S announced that they will report nine months, 2021 results on Aug 26, 2021お知らせ • Sep 07Per Aarsleff Holding A/S (CPSE:PAAL B) acquired Sor-Norsk Boring As.Per Aarsleff Holding A/S (CPSE:PAAL B) acquired Sor-Norsk Boring As on July 2, 2020. Mads Reinholdt Sorensen of Kromann Reumert acted as legal advisor to Per Aarsleff Holding. Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of Sor-Norsk Boring As on July 2, 2020株主還元PE9DE ConstructionDE 市場7D2.2%-3.7%-1.0%1Y4.3%115.3%-2.2%株主還元を見る業界別リターン: PE9過去 1 年間で115.3 % の収益を上げたGerman Construction業界を下回りました。リターン対市場: PE9過去 1 年間で-2.2 % の収益を上げたGerman市場を上回りました。価格変動Is PE9's price volatile compared to industry and market?PE9 volatilityPE9 Average Weekly Movement3.9%Construction Industry Average Movement4.7%Market Average Movement5.4%10% most volatile stocks in DE Market12.8%10% least volatile stocks in DE Market2.7%安定した株価: PE9 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: PE9の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19479,165Jesper Jacobsenwww.aarsleff.comPer Aarsleff Holding A/S社は、デンマーク内外の社会にインフラストラクチャーと建設サービスを提供している。建設、テクニカル・ソリューション、鉄道、グラウンド・エンジニアリング、パイプ・テクノロジーの各セグメントを通じて事業を展開している。道路や交通施設、港湾や海洋の建設、電気、銅、ファイバーケーブルの埋設、空港施設、鉄道、鉱業、飲料水、地盤調査、スポーツフィールドなどのインフラサービスを提供している。下水道、貯水池、海岸保護、廃水処理場、土壌堆積物、都市緑地、廃棄物管理、下水道更新、竪管、換気路、CCTV検査活動、風力発電所、熱電併給発電所、地域暖房、ガスの設計、エンジニアリング、設置にも携わっている。さらに、建築物建設、改修、シェル構造、技術契約、建設ピット、杭基礎、アンカー、地下水処理、用地開発、プロジェクト開発、ワン・カンパニー、サービス・メンテナンス、枠組み契約、提携、設計・エンジニアリング、デジタル・ビルディング活動などのコラボレーション活動も請け負っている。同社は以前はPer Aarsleff A/Sとして知られていたが、2016年4月にPer Aarsleff Holding A/Sに社名を変更した。同社は1947年に設立され、デンマークのViby Jに本社を置いている。もっと見るPer Aarsleff Holding A/S 基礎のまとめPer Aarsleff Holding の収益と売上を時価総額と比較するとどうか。PE9 基礎統計学時価総額€1.95b収益（TTM）€121.33m売上高(TTM)€3.22b16.1xPER（株価収益率0.6xP/SレシオPE9 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計PE9 損益計算書（TTM）収益DKK 24.09b売上原価DKK 21.19b売上総利益DKK 2.90bその他の費用DKK 1.99b収益DKK 907.00m直近の収益報告Mar 31, 2026次回決算日Aug 26, 2026一株当たり利益（EPS）44.98グロス・マージン12.03%純利益率3.77%有利子負債／自己資本比率24.4%PE9 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.7%現在の配当利回り25%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/23 04:24終値2026/07/23 00:00収益2026/03/31年間収益2025/09/30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Per Aarsleff Holding A/S 3 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。5 アナリスト機関null nullABG Sundal CollierJonas HansenCarnegie Investment Bank ABAnders PreetzmannDanske Bank2 その他のアナリストを表示
お知らせ • Jun 09Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning for approximately DKK 770 million on February 24, 2026. A cash consideration of DKK 766 million will be paid by Per Aarsleff Holding A/S. The agreement includes a number of purchase price adjustments, including interest on the purchase price until closing as well as performance-based adjustments. The acquisition is subject to a number of approvals, including from the competition authorities, which are expected in the third quarter of 2026. The acquisition can therefore be completed at the earliest in the final months of the 2025/26 financial year. Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning on June 8, 2026. For the period ended December 31, 2025, CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning reported a total revenue of DKK 2.3 billion and an EBIT of DKK 107 million. The transaction has received all the necessary regulatory approvals.
Reported Earnings • May 28Second quarter 2026 earnings released: EPS: kr.10.22 (vs kr.8.84 in 2Q 2025)Second quarter 2026 results: EPS: kr.10.22 (up from kr.8.84 in 2Q 2025). Revenue: kr.6.07b (up 15% from 2Q 2025). Net income: kr.197.0m (up 14% from 2Q 2025). Profit margin: 3.2% (down from 3.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Per Asmussen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 20Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million on February 19, 2026. A cash consideration of DKK 90.7 million will be paid by Per Aarsleff Holding A/S. As part of consideration, DKK 90.7 million is paid towards common equity of Liqui-Force Services (Ontario) Inc. For the period ending December 31, 2025, Liqui-Force Services (Ontario) Inc. reported total revenue of DKK 87.5 million and EBIT of DKK 8.3 million.
お知らせ • Dec 17Per Aarsleff Holding A/S announces Annual dividend, payable on January 30, 2026Per Aarsleff Holding A/S announced Annual dividend of DKK 12.0000 per share payable on January 30, 2026, ex-date on January 28, 2026 and record date on January 29, 2026.
お知らせ • Sep 19Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026, at 15:00 Romance Standard Time. Location: group headquarters, hasselager, alle 5, 8260 viby j, Denmark
お知らせ • Jun 09Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning for approximately DKK 770 million on February 24, 2026. A cash consideration of DKK 766 million will be paid by Per Aarsleff Holding A/S. The agreement includes a number of purchase price adjustments, including interest on the purchase price until closing as well as performance-based adjustments. The acquisition is subject to a number of approvals, including from the competition authorities, which are expected in the third quarter of 2026. The acquisition can therefore be completed at the earliest in the final months of the 2025/26 financial year. Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning on June 8, 2026. For the period ended December 31, 2025, CG Jensen/Adserballe & Knudsen/CG Jensen Ejendomme/Ryttermarken Aps/Cg Jensen Forsyning reported a total revenue of DKK 2.3 billion and an EBIT of DKK 107 million. The transaction has received all the necessary regulatory approvals.
Reported Earnings • May 28Second quarter 2026 earnings released: EPS: kr.10.22 (vs kr.8.84 in 2Q 2025)Second quarter 2026 results: EPS: kr.10.22 (up from kr.8.84 in 2Q 2025). Revenue: kr.6.07b (up 15% from 2Q 2025). Net income: kr.197.0m (up 14% from 2Q 2025). Profit margin: 3.2% (down from 3.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 20High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Per Asmussen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 20Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million.Per Aarsleff Holding A/S (CPSE:PAAL B) entered into an agreement to acquire 49.50% stake in Liqui-Force Services (Ontario) Inc. from PURIS LLC for DKK 90.7 million on February 19, 2026. A cash consideration of DKK 90.7 million will be paid by Per Aarsleff Holding A/S. As part of consideration, DKK 90.7 million is paid towards common equity of Liqui-Force Services (Ontario) Inc. For the period ending December 31, 2025, Liqui-Force Services (Ontario) Inc. reported total revenue of DKK 87.5 million and EBIT of DKK 8.3 million.
お知らせ • Dec 17Per Aarsleff Holding A/S announces Annual dividend, payable on January 30, 2026Per Aarsleff Holding A/S announced Annual dividend of DKK 12.0000 per share payable on January 30, 2026, ex-date on January 28, 2026 and record date on January 29, 2026.
お知らせ • Sep 19Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026Per Aarsleff Holding A/S, Annual General Meeting, Jan 27, 2026, at 15:00 Romance Standard Time. Location: group headquarters, hasselager, alle 5, 8260 viby j, Denmark
お知らせ • Sep 18+ 3 more updatesPer Aarsleff Holding A/S to Report First Half, 2026 Results on May 28, 2026Per Aarsleff Holding A/S announced that they will report first half, 2026 results on May 28, 2026
お知らせ • May 17Per Aarsleff Holding A/S Makes Upward Adjustment of the Earnings Guidance for the Financial Year 2024/25In connection with the ongoing preparation of the interim financial report for H1, Per Aarsleff Holding A/S makes upward adjustment of the full-year expectations for the financial year 2024/25 as follows: Revenue growth of 2% to 6%, corresponding to revenue of DKK 22 billion to DKK 23 billion against previously DKK 21.7 billion to DKK 22.8 billion. EBIT in the range of DKK 1,100 million to DKK 1,200 million against previously DKK 1,050 million to DKK 1,150 million.
お知らせ • Jan 31+ 1 more updatePer Aarsleff Holding A/S Approves DividendPer Aarsleff Holding A/S at its annual general meeting was held on 30 January 2025, The board of directors' proposal that a dividend of DKK 11 be paid for each share of a nominal value of DKK 2 was adopted.
お知らせ • Jan 21Per Aarsleff Holding A/S (CPSE:PAAL B) agreed to acquire 80% stake in Articon As from from it's current owners for approximately DKK 140 million.Per Aarsleff Holding A/S (CPSE:PAAL B) has made an agreement to acquire 80% stake in Articon As from from it's current owners for approximately DKK 140 million on January 20, 2025. A cash consideration of DKK 144 million will be paid by Per Aarsleff Holding A/S. As part of consideration, DKK 144 million is paid towards common equity of Articon As. In 2023, the company’s revenue was DKK 654 million and EBIT was DKK 40 million. Post completion of the acquisition, Aarsleff’s ownership share will amount to 80%, while the remaining ownership share will be dis-tributed with 10% for ArtiCon’s current owners as well as 10% for three executive employees. The takeover requires the approval from the Faroese competition authorities. Also, the earnings expectation for the financial year 2024/25 for ArtiCon will not be incorporated until the invest-ment has been approved.
お知らせ • Sep 23Per Aarsleff Holding A/S, Annual General Meeting, Jan 30, 2025Per Aarsleff Holding A/S, Annual General Meeting, Jan 30, 2025, at 15:00 Romance Standard Time. Location: at the group headquarters, hasselager alle 5, 8260 viby j, Denmark
お知らせ • Sep 20+ 3 more updatesPer Aarsleff Holding A/S to Report Q1, 2025 Results on Feb 28, 2025Per Aarsleff Holding A/S announced that they will report Q1, 2025 results on Feb 28, 2025
Reported Earnings • Aug 29Third quarter 2024 earnings released: EPS: kr.11.80 (vs kr.11.99 in 3Q 2023)Third quarter 2024 results: EPS: kr.11.80 (down from kr.11.99 in 3Q 2023). Revenue: kr.5.77b (up 8.6% from 3Q 2023). Net income: kr.231.0m (flat on 3Q 2023). Profit margin: 4.0% (down from 4.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 18Per Aarsleff Holding A/S Announces Resignation of Nicolai Schultz, Deputy Group CEOOn 18 June 2024, it has been decided that the Executive Management of Per Aarsleff Holding A/S will be changed on 18 June 2024, as Deputy Group CEO Nicolai Schultz resigns after mutual agreement. Nicolai Schultz has been employed since February 2019 and became a member of the Executive Management in January 2020. As a part of the top management, he has been responsible for the Group’s building activities. In the future, the Executive Management will consist of Group CEO Jesper Kristian Jacobsen and Group CFO Mogens Vedel Hestbæk.
お知らせ • Jun 13Per Aarsleff Holding A/S (CPSE:PAAL B) announces an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on January 29, 2024.Per Aarsleff Holding A/S (CPSE:PAAL B) commences share repurchases on June 3, 2024, under the program mandated by the shareholders in the Annual General Meeting held on January 29, 2024. As per the mandate, the company is authorized to repurchase up to nominally 3,645,000 its own B shares, representing 10% of its share capital. The price which is to be paid for each share must not deviate by more than 10% from the market price which applies at the time of acquisition. The authority is valid till January 29, 2029. On May 28, 2024, the company entered into an agreement with Nordea Danmark to repurchase up to 550,000 B shares for DKK 150 million. The shares will not be purchased at a price exceeding the higher of the price of the latest independent transaction and the highest current independent bid on Nasdaq Copenhagen A/S at the time of trading. The purpose of the plan is to meet the obligations arising from share based incentive program for employees. The repurchases will commence from June 3, 2024. The repurchase program is valid till May 31, 2025.
Reported Earnings • Feb 29First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: kr.5.30b (flat on 1Q 2023). Net income: kr.160.0m (down 1.2% from 1Q 2023). Profit margin: 3.0% (down from 3.1% in 1Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe.
New Risk • Feb 29New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.03% 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 0.03% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (105% cash payout ratio).
Board Change • Feb 15High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Director Lars-Peter Søbye was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jan 23Upcoming dividend of kr.10.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 01 February 2024. Payout ratio is a comfortable 22% and the cash payout ratio is 84%. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.9%).
Reported Earnings • Dec 20Full year 2023 earnings releasedFull year 2023 results: Revenue: kr.20.2b (up 12% from FY 2022). Net income: kr.792.0m (up 54% from FY 2022). Profit margin: 3.9% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Construction industry in Germany.
New Risk • Dec 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% 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. This is currently the only risk that has been identified for the company.
New Risk • Sep 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% 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. This is currently the only risk that has been identified for the company.
お知らせ • Sep 21+ 4 more updatesPer Aarsleff Holding A/S to Report First Half, 2024 Results on May 28, 2024Per Aarsleff Holding A/S announced that they will report first half, 2024 results on May 28, 2024
Reported Earnings • Aug 31Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr.5.31b (up 14% from 3Q 2022). Net income: kr.233.0m (up 72% from 3Q 2022). Profit margin: 4.4% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Jun 05Second quarter 2023 earnings released: EPS: kr.7.65 (vs kr.4.60 in 2Q 2022)Second quarter 2023 results: EPS: kr.7.65 (up from kr.4.60 in 2Q 2022). Revenue: kr.4.68b (up 14% from 2Q 2022). Net income: kr.146.0m (up 62% from 2Q 2022). Profit margin: 3.1% (up from 2.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 8.4% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Feb 26First quarter 2023 earnings released: EPS: kr.8.36 (vs kr.6.21 in 1Q 2022)First quarter 2023 results: EPS: kr.8.36 (up from kr.6.21 in 1Q 2022). Revenue: kr.5.29b (up 28% from 1Q 2022). Net income: kr.162.0m (up 31% from 1Q 2022). Profit margin: 3.1% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 5.1% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year.
お知らせ • Jan 27+ 1 more updatePer Aarsleff Holding A/S Approves DividendPer Aarsleff Holding A/S announced that the board of directors' proposal that a dividend of DKK 8 be paid for each share of a nominal value of DKK 2 was adopted, at its annual general meeting held on 26 January 2023.
Upcoming Dividend • Jan 20Upcoming dividend of kr.8.00 per shareEligible shareholders must have bought the stock before 27 January 2023. Payment date: 31 January 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%).
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to €34.15, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Construction industry in Europe. Total returns to shareholders of 28% over the past three years.
お知らせ • Dec 18+ 1 more updatePer Aarsleff Holding A/S Proposes Dividend for the Financial Year 2021-2022Per Aarsleff Holding A/S announced that for the financial year 2021-2022, the proposed dividend per share of a nominal value of DKK 2 is DKK 8, corresponding to a dividend distribution of DKK 155.6 million.
Reported Earnings • Dec 18Full year 2022 earnings releasedFull year 2022 results: Revenue: kr.18.1b (up 23% from FY 2021). Net income: kr.513.0m (up 8.7% from FY 2021). Profit margin: 2.8% (down from 3.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 3.3%.
お知らせ • Sep 21+ 4 more updatesPer Aarsleff Holding A/S, Annual General Meeting, Jan 26, 2023Per Aarsleff Holding A/S, Annual General Meeting, Jan 26, 2023, at 15:00 Central European Standard Time. Location: Hasselager Allé 5, 8260 Viby J Viby J Denmark
Reported Earnings • Aug 27Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr.4.67b (up 25% from 3Q 2021). Net income: kr.135.6m (down 1.5% from 3Q 2021). Profit margin: 2.9% (down from 3.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 2.8% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Aug 27Per Aarsleff Holding A/S Provides Outlook for the Full Year 2022Per Aarsleff Holding A/S provides outlook for the full year 2022. The outlook for the full financial year remains unchanged. EBIT from continuing operations is expected to be in the range of DKK 700 million. Revenue expectations are changed to a growth of approx. 20% against previously approx. 12%.
お知らせ • Jun 25Per Aarsleff Holding A/S (CPSE:PAAL B) agreed to acquire a 66.6% stake in Trym Anlegg AS from Tes As for NOK 240 million.Per Aarsleff Holding A/S (CPSE:PAAL B) agreed to acquire a 66.6% stake in Trym Anlegg AS from Tes As for NOK 240 million on June 24, 2022. The transaction is subject to approval by the Norwegian Competition Authority.
Reported Earnings • Jun 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr.4.12b (up 26% from 2Q 2021). Net income: kr.90.1m (up 3.0% from 2Q 2021). Profit margin: 2.2% (down from 2.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.0%, compared to a 7.6% growth forecast for the industry in Germany.
お知らせ • Feb 01Per Aarsleff Holding A/S Approves Dividend for 2021Per Aarsleff Holding A/S approves a dividend of DKK 8 be paid for each share of a nominal value of DKK 2 was adopted.
Upcoming Dividend • Jan 25Upcoming dividend of kr.8.00 per shareEligible shareholders must have bought the stock before 01 February 2022. Payment date: 03 February 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.1%).
Reported Earnings • Dec 23Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: kr.14.7b (up 11% from FY 2020). Net income: kr.472.1m (up 25% from FY 2020). Profit margin: 3.2% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 4.8%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Aug 27Third quarter 2021 earnings releasedThe company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: kr.3.72b (up 12% from 3Q 2020). Net income: kr.137.6m (flat on 3Q 2020). Profit margin: 3.7% (down from 4.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Jun 02Second quarter 2021 earnings released: EPS kr.4.37 (vs kr.1.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr.3.28b (up 8.6% from 2Q 2020). Net income: kr.87.6m (up 341% from 2Q 2020). Profit margin: 2.7% (up from 0.7% 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 8% per year whereas the company’s share price has increased by 10% per year.
お知らせ • May 07Per Aarsleff Holding A/S (CPSE: PAAL B) agreed to acquire 70% stake in Permagreen Gronland A/S for DKK 38.7 million.Per Aarsleff Holding A/S (CPSE: PAAL B) agreed to acquire 70% stake in Permagreen Gronland A/S for DKK 38.7 million on May 6, 2021 The remaining ownership interest of 30% will be equally shared between Permagreen’s current Chief Executive Officer Jeppe B. Steffensen and the current Production Director Jesper J. Petersen, who both continue in the management. For the year ended 2020, Permagreen reported a revenue of approximately DKK 400 million. Permagreen Gronland has 350 employees. The former principal shareholder Preben Kold Larsen will continue in Permagreen until June 2022, after which time he will work as a consultant. The acquisition is subject to the approval of the Greenlandic competition authorities and is not expected to change Aarsleff’s earnings expectations for 2020/21.
Is New 90 Day High Low • Jan 18New 90-day high: €42.85The company is up 20% from its price of €35.75 on 20 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €69.08 per share.
Is New 90 Day High Low • Dec 23New 90-day high: €41.40The company is up 19% from its price of €34.85 on 24 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.92 per share.
Analyst Estimate Surprise Post Earnings • Dec 22Revenue beats expectationsRevenue exceeded analyst estimates by 0.3%. Over the next year, revenue is forecast to stay flat compared to a 2.0% growth forecast for the Construction industry in Germany.
Is New 90 Day High Low • Oct 05New 90-day high: €37.40The company is up 17% from its price of €32.10 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €58.67 per share.
お知らせ • Sep 30+ 3 more updatesPer Aarsleff Holding A/S to Report Nine Months, 2021 Results on Aug 26, 2021Per Aarsleff Holding A/S announced that they will report nine months, 2021 results on Aug 26, 2021
お知らせ • Sep 07Per Aarsleff Holding A/S (CPSE:PAAL B) acquired Sor-Norsk Boring As.Per Aarsleff Holding A/S (CPSE:PAAL B) acquired Sor-Norsk Boring As on July 2, 2020. Mads Reinholdt Sorensen of Kromann Reumert acted as legal advisor to Per Aarsleff Holding. Per Aarsleff Holding A/S (CPSE:PAAL B) completed the acquisition of Sor-Norsk Boring As on July 2, 2020
