SPIE（4SP）株式概要SPIE SAは、フランス、ドイツ、オランダ、そして国際的に、エネルギーと通信の分野で複合的な技術サービスを提供している。 詳細4SP ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長4/6過去の実績1/6財務の健全性3/6配当金3/6報酬当社が推定した公正価値より61.9%で取引されている 収益は年間20.46%増加すると予測されています リスク分析利益率(1.7%)は昨年より低い(2.7%) 2.23%の配当は利益で十分にカバーされていない 財務結果に影響を与える大きな一時的項目 多額の負債を抱えている すべてのリスクチェックを見る4SP Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€47.607.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture014b2016201920222025202620282031Revenue €13.8bEarnings €232.8mAdvancedSet Fair ValueView all narrativesSPIE SA 競合他社BilfingerSymbol: XTRA:GBFMarket cap: €3.3bCEWE Stiftung KGaASymbol: XTRA:CWCMarket cap: €692.5mBefesaSymbol: XTRA:BFSAMarket cap: €1.4bElement Fleet ManagementSymbol: TSX:EFNMarket cap: CA$11.1b価格と性能株価の高値、安値、推移の概要SPIE過去の株価現在の株価€47.6052週高値€53.8552週安値€41.62ベータ0.761ヶ月の変化5.08%3ヶ月変化-8.46%1年変化6.06%3年間の変化68.44%5年間の変化139.56%IPOからの変化174.70%最新ニュースお知らせ • Mar 26SPIE SA (ENXTPA:SPIE) agreed to acquire SGS Industrial Services GmbH.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire SGS Industrial Services GmbH on March 25, 2026. The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is March 26, 2026 to June 30, 2026. In 2025, SGS Industrial Services generated revenues of c. €180 million with margins slightly north of 10%. The experienced management with Andreas Hofinger, Christian Gittmaier and Sandra Ponsold will continue to lead the operational business.お知らせ • Mar 25SPIE SA, Annual General Meeting, Apr 30, 2026SPIE SA, Annual General Meeting, Apr 30, 2026. Location: hotel des arts metiers, 9 bis avenue d iena, paris Franceお知らせ • Mar 06+ 3 more updatesSPIE SA Announces CEO Changes, Effective 30 April 2026SPIE SA announced that Mr. Gauthier Louette has informed the Board of Directors of his decision not to seek the renewal of his functions of Chief Executive Officer at the end of his current term of office, taking effect at the close of the annual general shareholders’ meeting to be held on 30 April 2026. This decision is pursuant to the age limit set by SPIE’s by-laws. Mr. Gauthier Louette led the Company for nearly 23 years, effectively transforming SPIE into a strong, pan-European player, at the forefront of the energy transition, with a performance at the very top of the industry. He notably successfully led the Company’s IPO in June 2015, with a market capitalization that has tripled since then. Upon recommendations of the Nominations and Compensation Committee and in accordance with the Group’s succession plan, which included an assessment of potential external candidates, the Board of Directors has decided to adopt a new governance structure with a separation of the functions of Chairman of the Board of Directors and Chief Executive Officer, which it considers the most appropriate structure to accompany this new period in the best interests of the Company and all its stakeholders. Accordingly, the Board of Directors has decided to appoint Mr. Markus Holzke as Chief Executive Officer, with effect following the annual general shareholders meeting to be held on 30 April 2026. The appointment of Mr. Markus Holzke as Chief Executive Officer of the Company is fully in line with SPIE's management values and strategic ambition. Having joined SPIE in 2013 through the acquisition of Hochtief service solutions, Mr. Markus Holzke has served since 2014 as the chief executive officer of SPIE in Germany and Central Europe, demonstrating an in-depth knowledge and comprehensive understanding of SPIE’s operations and business model. Under his unwavering commitment, the German business has grown from a c.€650 million to a €3.6 billion revenue, becoming the Group’s largest revenue contributor and its primary growth driver, reaching c.35% of the Group’s consolidated production and EBITA in 2025.Notably with the acquisition of SAG Group in 2017, a landmark platform transaction that positioned SPIE as the leading player in transmission and distribution services in Germany, Mr. Markus Holzke has successfully driven the deployment of SPIE’s acquisition-led growth strategy. Since 2014, the German segment has been at the forefront of the Group’s disciplined growth, with 2 platform and 26 bolt-on acquisitions. Markus Holzke: Mr. Markus Holzke, aged 52, spent 12 years with the Bundeswehrand earned an MBA from the University of the German Federal Armed Forcesin Munich. Mr. Markus Holzke joined TÜV Süd AG in 2006 where he held different positions including VP finance for the Asia-Pacific region. In 2010, he joined Hochtief Solutions AG and became the chief financial officer of the service segment in 2012. He joined SPIE in 2013 following the acquisition of Hochtief Solutions’ service business. Since 2014, he has served as chief executive officer of SPIE Deutschland & Zentraleuropa, which became SPIE Germany Switzerland Austria in 2024.お知らせ • Mar 04SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG on March 2, 2025. Upon completion, the remaining 1% shareholding will be retained by the current management team, who remain in place and will contribute to pursuing business development. The acquisition will be self-financed with a limited impact on its leverage ratio. For the period ending December 31, 2025, Rofa industrial Automation AG reported total revenue of €430 million. The transaction EBITA multiple is high single digit. The transaction should result in a mid-single digit adjusted EPS accretion for the Group as soon as the first year of consolidation. The transaction is subject only to antitrust approval and expected to be completed in Q2 2026. Ingo Strauss, Lucas Schweitzer, Katharina Intfeld, Susan Kempe-Mller, Sven Nickel, Tobias Klass, Florian Dehmel, Tilman Kuhn and Joachim Grittmann of Latham & Watkins LLP acted as legal advisor to SPIE SA. Jochem Reichert, Jan Friedrichson, Christoph Kiegler, André Reinhard, Michael M. Cohen, Maria Held, Alexander Stolz, Steffen Henn of SZA Schilling, Zutt & Anschütz acted as legal advisor to the shareholders of Rofa industrial Automation AG.お知らせ • Dec 12SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL on December 11, 2025. For the period ending December 31, 2024, Artemys SARL reported total revenue of €82 million. The transaction is subject to subject to antitrust regulations. The transaction is expected to be finalized by early 2026.お知らせ • Dec 09SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH.SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH on December 8, 2025. For the period ending December 31, 2024, Cyqueo GmbH reported total revenue of approximately €20 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Cyqueo GmbH on December 8, 2025. Marvin März and Leander Schilling of Lincoln International AG acted as financial advisor for Cyqueo GmbH. Sebastian Pauls, Susanne Decker, and Andreas Holzgreve of Weil, Gotshal & Manges LLP.最新情報をもっと見るRecent updatesお知らせ • Mar 26SPIE SA (ENXTPA:SPIE) agreed to acquire SGS Industrial Services GmbH.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire SGS Industrial Services GmbH on March 25, 2026. The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is March 26, 2026 to June 30, 2026. In 2025, SGS Industrial Services generated revenues of c. €180 million with margins slightly north of 10%. The experienced management with Andreas Hofinger, Christian Gittmaier and Sandra Ponsold will continue to lead the operational business.お知らせ • Mar 25SPIE SA, Annual General Meeting, Apr 30, 2026SPIE SA, Annual General Meeting, Apr 30, 2026. Location: hotel des arts metiers, 9 bis avenue d iena, paris Franceお知らせ • Mar 06+ 3 more updatesSPIE SA Announces CEO Changes, Effective 30 April 2026SPIE SA announced that Mr. Gauthier Louette has informed the Board of Directors of his decision not to seek the renewal of his functions of Chief Executive Officer at the end of his current term of office, taking effect at the close of the annual general shareholders’ meeting to be held on 30 April 2026. This decision is pursuant to the age limit set by SPIE’s by-laws. Mr. Gauthier Louette led the Company for nearly 23 years, effectively transforming SPIE into a strong, pan-European player, at the forefront of the energy transition, with a performance at the very top of the industry. He notably successfully led the Company’s IPO in June 2015, with a market capitalization that has tripled since then. Upon recommendations of the Nominations and Compensation Committee and in accordance with the Group’s succession plan, which included an assessment of potential external candidates, the Board of Directors has decided to adopt a new governance structure with a separation of the functions of Chairman of the Board of Directors and Chief Executive Officer, which it considers the most appropriate structure to accompany this new period in the best interests of the Company and all its stakeholders. Accordingly, the Board of Directors has decided to appoint Mr. Markus Holzke as Chief Executive Officer, with effect following the annual general shareholders meeting to be held on 30 April 2026. The appointment of Mr. Markus Holzke as Chief Executive Officer of the Company is fully in line with SPIE's management values and strategic ambition. Having joined SPIE in 2013 through the acquisition of Hochtief service solutions, Mr. Markus Holzke has served since 2014 as the chief executive officer of SPIE in Germany and Central Europe, demonstrating an in-depth knowledge and comprehensive understanding of SPIE’s operations and business model. Under his unwavering commitment, the German business has grown from a c.€650 million to a €3.6 billion revenue, becoming the Group’s largest revenue contributor and its primary growth driver, reaching c.35% of the Group’s consolidated production and EBITA in 2025.Notably with the acquisition of SAG Group in 2017, a landmark platform transaction that positioned SPIE as the leading player in transmission and distribution services in Germany, Mr. Markus Holzke has successfully driven the deployment of SPIE’s acquisition-led growth strategy. Since 2014, the German segment has been at the forefront of the Group’s disciplined growth, with 2 platform and 26 bolt-on acquisitions. Markus Holzke: Mr. Markus Holzke, aged 52, spent 12 years with the Bundeswehrand earned an MBA from the University of the German Federal Armed Forcesin Munich. Mr. Markus Holzke joined TÜV Süd AG in 2006 where he held different positions including VP finance for the Asia-Pacific region. In 2010, he joined Hochtief Solutions AG and became the chief financial officer of the service segment in 2012. He joined SPIE in 2013 following the acquisition of Hochtief Solutions’ service business. Since 2014, he has served as chief executive officer of SPIE Deutschland & Zentraleuropa, which became SPIE Germany Switzerland Austria in 2024.お知らせ • Mar 04SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG on March 2, 2025. Upon completion, the remaining 1% shareholding will be retained by the current management team, who remain in place and will contribute to pursuing business development. The acquisition will be self-financed with a limited impact on its leverage ratio. For the period ending December 31, 2025, Rofa industrial Automation AG reported total revenue of €430 million. The transaction EBITA multiple is high single digit. The transaction should result in a mid-single digit adjusted EPS accretion for the Group as soon as the first year of consolidation. The transaction is subject only to antitrust approval and expected to be completed in Q2 2026. Ingo Strauss, Lucas Schweitzer, Katharina Intfeld, Susan Kempe-Mller, Sven Nickel, Tobias Klass, Florian Dehmel, Tilman Kuhn and Joachim Grittmann of Latham & Watkins LLP acted as legal advisor to SPIE SA. Jochem Reichert, Jan Friedrichson, Christoph Kiegler, André Reinhard, Michael M. Cohen, Maria Held, Alexander Stolz, Steffen Henn of SZA Schilling, Zutt & Anschütz acted as legal advisor to the shareholders of Rofa industrial Automation AG.お知らせ • Dec 12SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL on December 11, 2025. For the period ending December 31, 2024, Artemys SARL reported total revenue of €82 million. The transaction is subject to subject to antitrust regulations. The transaction is expected to be finalized by early 2026.お知らせ • Dec 09SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH.SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH on December 8, 2025. For the period ending December 31, 2024, Cyqueo GmbH reported total revenue of approximately €20 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Cyqueo GmbH on December 8, 2025. Marvin März and Leander Schilling of Lincoln International AG acted as financial advisor for Cyqueo GmbH. Sebastian Pauls, Susanne Decker, and Andreas Holzgreve of Weil, Gotshal & Manges LLP.お知らせ • Dec 04SPIE SA Announces Leadership ChangeSPIE announced a leadership change in Central Europe, welcoming Lukasz Nowiski as successor to Pawel Skowroski. Effective from December 31, 2025, Dr. Pawel Skowroski will step down from his position as Managing Director of SPIE Central Europe and Member of the SPIE Group Executive Committee. Since 2018, he has driven the successful growth of SPIE's business units in Poland, Slovakia, Czech Republic and Hungary. Effective from January 1, 2026, Lukasz Nowiski, who is currently heading SPIE's operations in Poland, will be appointed Managing Director of SPIE Central Europe and will join the SPIE Group Executive Committee. He is 49 years old and graduated from WSB-National Louis University in Poland with master's degree in management and foreign Affairs. He was CEO of Assa Abloy in Poland for over 5 years before joining SPIE in 2017 through the acquisition of Agis Group, where he held the position of CEO since 2012. He then led the acquisition team in Central Europe, achieving 5 deals, before becoming the Managing Director of Poland in 2024.お知らせ • Nov 29SPIE SA Announces Stepping Down of Trudy Schoolenberg as Independent Director, Effective December 31, 2025SPIE SA announced that for personal reasons, Mrs. Trudy Schoolenberg has decided to step down from her position as Independent Director and to leave the Board of SPIE on December 31st, 2025. Trudy Schoolenberg joined the Board of Directors of SPIE SA in November 2021. Her co-optation was ratified at the General Meeting of 11 May 2022. During her time on the Board, she played an active role and sat on the CSR & Governance committee Following Mrs. Schoolenberg’s departure, the Board will count 11 members, of which 5 are female members and 7 are Independent Directors. As of January 1st, 2026, women will account for 56% of the Board, including the director representing employee shareholders, while independent directors will represent 64%.お知らせ • Nov 12SPIE SA (ENXTPA:SPIE) signs an agreement to acquire 89% stake in Pik AG.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 89% stake in Pik AG on November 11, 2025. Pik AG management team Christoph Wegner, Christian Hieckel, Daniel Gallin, and André Rechenberg will continue to lead the company’s future development. The remaining 11% of Pik AG of the shares are held by the previous owner and the management team. The agreement includes put and call mechanisms related to these 11%. For the period ending December 31, 2024, Pik AG reported total revenue around €42 million. The transaction is subject to subject to antitrust regulations. The transaction is expected to complete in December 2025. Sebastian Zajons, André Laner, Philipp Dille, Matthias Krankowsky and Tobias Maximilian Fritz of RSM Ebner Stolz Management Consultants GmbH acted as accountant to PIK AG.お知らせ • Nov 01SPIE SA Provides Earnings Guidance for the Year 2025SPIE SA provided earnings guidance for the year 2025. For the year, the company expects strong total growth pushing revenue well above the €10 billion mark, including further organic growth and active bolt-on M&A.お知らせ • Oct 08SPIE SA (ENXTPA:SPIE) agreed to acquire Ecoexperts Automation GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire Ecoexperts Automation GmbH on October 7, 2025. For the period ending December 31, 2024, Ecoexperts Automation GmbH reported total revenue of €7 million. The transaction is subject to subject to antitrust regulations. The final closing of the transaction is expected by the end of the year.お知らせ • Sep 12+ 1 more updateSPIE SA to Report Q3, 2026 Results on Oct 30, 2026SPIE SA announced that they will report Q3, 2026 results on Oct 30, 2026お知らせ • Sep 09+ 1 more updateSPIE SA to Report Q1, 2026 Results on Apr 24, 2026SPIE SA announced that they will report Q1, 2026 results on Apr 24, 2026お知らせ • Aug 26SPIE SA (ENXTPA:SPIE) acquired Voets En Donkers Koeltechniek B.V. from Marc Voets and Peter Donkers.SPIE SA (ENXTPA:SPIE) acquired Voets En Donkers Koeltechniek B.V. from Marc Voets and Peter Donkers on August 25, 2025. The acquisition includes Voets En Donkers Koeltechniek B.V. and its subsidiary VND Technical Services B.V. The acquisition strengthens SPIE's expertise in industrial cooling installations, air treatment systems, heat pumps, industrial automation, and engineering of process equipment. For the period ending December 31, 2024, Voets En Donkers Koeltechniek B.V. reported total revenue of €30 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Voets En Donkers Koeltechniek B.V. from Marc Voets and Peter Donkers on August 25, 2025.お知らせ • Jul 02SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire 96% stake in SD Fiber AG.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire 96% stake in SD Fiber AG on July 1, 2025. Upon completion of the transaction, SPIE will acquire 96% of the shares of SD Fiber. The remaining 4% will be retained by the current management team, who will continue to lead SD Fiber and will contribute to its ongoing business development. SD Fiber AG generated revenue of €70 million in 2024.お知らせ • Jun 03SPIE SA (ENXTPA:SPIE) completed the acquisition of Rovitech Projects B.V. from Rob Nagtegaal and others.SPIE SA (ENXTPA:SPIE) acquired Rovitech Projects B.V. from Rob Nagtegaal and others on June 2, 2025. With 25 employees, Rovitech generated revenue of 7 million in 2024. SPIE SA (ENXTPA:SPIE) completed the acquisition of Rovitech Projects B.V. from Rob Nagtegaal and others on June 2, 2025.お知らせ • Apr 17SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Ltec Sp. z o.o.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Ltec Sp. z o.o. on April 16, 2025. LTEC generated approximately €19 million in revenue in 2024 and employs around 75 professionals, including many qualified engineers and specialists. The transaction is subject to usual conditions, including antitrust approval from the Office of Competition and Consumer Protection and SPIE expects to finalize the transaction in the second quarter of 2025.お知らせ • Mar 26SPIE SA, Annual General Meeting, Apr 30, 2025SPIE SA, Annual General Meeting, Apr 30, 2025. Location: centre etoile saint honore, 21 25 rue balzac, paris Franceお知らせ • Mar 07SPIE SA to Report Q3, 2025 Results on Oct 31, 2025SPIE SA announced that they will report Q3, 2025 results Pre-Market on Oct 31, 2025お知らせ • Mar 06+ 1 more updateSPIE SA Recommends Dividend for Year 2024SPIE SA proposed a dividend of €1.0 per share for 2024, representing an increase in excess of 20% compared to 2023.お知らせ • Jan 22SPIE SA (ENXTPA:SPIE) commences an Equity Buyback Plan, under the authorization approved on May 3, 2024.SPIE SA (ENXTPA:SPIE) commences share repurchases on January 14, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 3, 2024. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital at any time whatsoever or 5% of the total number of shares forming the share capital in the case of shares acquired by the Company with a view to holding them and subsequently handing them over in payment or exchange within the scope of a merger, demerger or contribution transaction. The company will cancel all or some of it's purchased shares. The maximum purchase price per share will not exceed €60 per share. The repurchased shares will be used to provide liquidity, allot shares to executive officers and employees of the Company and other Group entities, particularly within the scope of profit-sharing, any company stock option plan. The repurchase authorization is valid for 18 months. On January 9, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to 1,250,000 shares. The purpose of program is to offset the dilutive effects of the Group’s employee shareholding plan and long-term incentive scheme. The repurchases will commence from January 9, 2025 and will be valid till February 28, 2025.お知らせ • Dec 20SPIE SA (ENXTPA:SPIE) agreed to acquire Anylinq B.V.SPIE SA (ENXTPA:SPIE) agreed to acquire Anylinq B.V. on December 20, 2024. For the year 2023, Anylinq B.V. generated a total revenue of €21 million.お知らせ • Oct 17+ 2 more updatesSPIE SA to Report Fiscal Year 2024 Results on Mar 06, 2025SPIE SA announced that they will report fiscal year 2024 results on Mar 06, 2025Declared Dividend • Sep 02First half dividend increased to €0.25Dividend of €0.25 is 14% higher than last year. Ex-date: 18th September 2024 Payment date: 20th September 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 16SPIE SA (ENXTPA:SPIE) completed the acquisition of 87% stake in Otto Life Science Engineering GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire 87% stake in Otto Life Science Engineering GmbH on July 17, 2024. The acquisition will be financed with the existing financial resources of SPIE SA. For the period ending December 31, 2023, Otto Life Science Engineering GmbH reported total revenue of €75 million. The current management team will remain in place. The deal is subject to customary closing conditions and German antitrust approval. The transaction is expected to complete in in Q3 2024. The transaction will result in an EPS accretion. SPIE SA (ENXTPA:SPIE) completed the acquisition of 87% stake in Otto Life Science Engineering GmbH on August 16, 2024.Buy Or Sell Opportunity • Jul 30Now 23% undervaluedOver the last 90 days, the stock has risen 1.8% to €34.74. The fair value is estimated to be €44.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.Reported Earnings • Jul 29First half 2024 earnings released: EPS: €0.34 (vs €0.45 in 1H 2023)First half 2024 results: EPS: €0.34 (down from €0.45 in 1H 2023). Revenue: €4.71b (up 13% from 1H 2023). Net income: €56.8m (down 22% from 1H 2023). Profit margin: 1.2% (down from 1.7% in 1H 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 26SPIE SA Announces Interim Cash Dividend, Payable on September 20, 2024SPIE announced that the company will pay an interim cash dividend of €0.25 per share on September 20th, 2024 (ex-date: September 18th, 2024), i.e. 30% of the approved dividend for 2023.お知らせ • Jul 18SPIE SA (ENXTPA:SPIE) agreed to acquire 87% stake in Otto Life Science Engineering GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire 87% stake in Otto Life Science Engineering GmbH on July 17, 2024. The acquisition will be financed with the existing financial resources of SPIE SA. For the period ending December 31, 2023, Otto Life Science Engineering GmbH reported total revenue of €75 million. The current management team will remain in place. The deal is subject to customary closing conditions and German antitrust approval. The transaction is expected to complete in in Q3 2024. The transaction will result in an EPS accretion.お知らせ • Apr 28SPIE SA Provides Dividend Guidance for the Year 2024SPIE SA announced that for the year 2024 the proposed dividend pay-out ratio will remain at c.40% of Adjusted Net Income attributable to the Group.お知らせ • Apr 20SPIE SA (ENXTPA:SPIE) completed the acquisition of approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners.SPIE SA (ENXTPA:SPIE) signed a definitive agreement to acquire approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners on March 11, 2024. The acquisition will be financed with the existing financial resources of SPIE while maintaining its sound financial policy regarding leverage ratio. ICG Group generated a revenue of €230 million in 2023. The transaction multiple is 9.1x EBITA 2023 and 7.5x EBITA 2024E. The remaining 8% shareholding in in ICG Group will be retained by the current management team who will remain in place and will contribute to pursue the business development. The agreement includes put and call mechanisms related to the 8%. The transaction is subject to clearance by antitrust authorities. The transaction should result in a mid-single digit EPS accretion for the Group as soon as the first year of consolidation. SPIE expects to close the transaction in Q2 2024. Vanessa Rendtorff, Jan Balssen,Maximilian Imre, Katja Lehr, Doris-Maria Schuster, Hendrik Marchal, Matthias Werner, Manuel Klar, Iris Benedikt-Buckenleib, Eike Bicker and Konrad HJ Discher of Gleiss Lutz acted as legal advisor for H.I.G. Michael Wahl, Florian Mühl, Ismail Kacmaz, Danka Ruzic, Matthias Hogh, Frank Wallbott, Jan Linnemann and Tamer Aydemir of Eight Advisory provided financial and tax due diligence services to SPIE. Ingo Strauss, Lucas Schweitzer, Tobias Klass, Stefan Süß, Max Hauser, Tobias Leder, Susan Kempe-Müller, Sven Nickel, Wolf-Tassilo Böhm and Joachim Grittmann of Latham & Watkins acted as ledal and due due diligence for SPIE. SPIE SA (ENXTPA:SPIE) completed the acquisition of approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners on April 18, 2024. The responsible competition authorities had previously approved the transaction.New Risk • Mar 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Declared Dividend • Mar 24Final dividend increased to €0.61Dividend of €0.61 is 11% higher than last year. Ex-date: 14th May 2024 Payment date: 16th May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 15SPIE SA (ENXTPA:SPIE) completed the acquisition of ROBUR Industry Service Group GmbH from InterAlpen Partners, LLC and GREENPEAK Partners Advisory GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire ROBUR Industry Service Group GmbH from InterAlpen Partners, LLC and GREENPEAK Partners Advisory GmbH on November 27, 2023. ROBUR Industry Service Group GmbH had revenue of €380 million. Following completion of the transaction, ROBUR will be established as a separate division of SPIE Deutschland & Zentraleuropa, which will continue to be led by Jan-Jörg Müller-Seiler and his experienced management team. The transaction is subject to customary closing conditions among which antitrust approval and is expected to complete the transaction in February, 2024. The transaction is subject to approval of approval of European commission. As on February 13, 2024, Spie SA (EPA:SPIE) has obtained unconditional EU approval for its agreement to acquire Robur Industry Services. Ingo Strauss, Susanne Decker, Heiko Gotsche, Tobias Klass, Stefan Süß, Max Hauser, Susan Kempe-Müller, Alena McCorkle, Tobias Leder and team of Latham & Watkins Schön Nolte acted as legal advisor to SPIE in this transaction. Houlihan Lokey acted as financial advisor to ROBUR Industry Service Group. Gabor Mues, M Jur, Isabella Dittmer, Florian Fischer from Fischer Mues Dittmer Heilmeier acted as legal advisors to shareholders of ROBUR. Ingo Strauss, Lucas Schweitzer, Susanne Decker,Heiko Gotsche; Tobias Klass and Stefan Süss; Max Hauser, Jana Dammann De Chapto and Nicolas Jung; Joachim Grittmann, Susan Kempe-Mueller, Wolf-Tassilo Böhm, Alena McCorkle, Sven Nickel, Tobias Leder from Latham & Watkins LLP acted as legal advisors to SPIE SA (ENXTPA:SPIE). SPIE SA (ENXTPA:SPIE) completed the acquisition of ROBUR Industry Service Group GmbH from InterAlpen Partners, LLC and GREENPEAK Partners Advisory GmbH on March 15,, 2023. The regulatory approvals, including the European antitrust authority have been received and all suspensive conditions have been lifted in their entirety.お知らせ • Mar 11SPIE SA (ENXTPA:SPIE) signed a definitive agreement to acquire Infratech/comcross Holding GmbH from H.I.G. Europe Realty Partners.SPIE SA (ENXTPA:SPIE) signed a definitive agreement to acquire Infratech/comcross Holding GmbH from H.I.G. Europe Realty Partners on March 11, 2024. The transaction is subject to clearance by antitrust authorities.Reported Earnings • Mar 10Full year 2023 earnings releasedFull year 2023 results: Revenue: €8.81b (up 7.5% from FY 2022). Net income: €238.5m (up 57% from FY 2022). Profit margin: 2.7% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany.お知らせ • Mar 08SPIE SA Recommends Dividend for the Fiscal Year 2023, Payable on May 16, 2024SPIE SA recommended dividend for the fiscal year 2023. On the basis of a steady payout ratio policy of 40%, the Board of Directors will propose to the general meeting a dividend of EUR 0.83 per share. This is an increase by 13.7% in comparison to the year before. This dividend to be paid in cash includes an interim dividend of EUR 0.22 already paid in September 2023 with the remaining EUR 0.61 per share to be paid on May 16 of this year. And as per dividend policy, an interim dividend will be paid again in September 2024 for an amount equivalent to 30% of the approved 2023 dividend.New Risk • Jan 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).お知らせ • Nov 29SPIE SA (ENXTPA:SPIE) agreed to acquire 99% stake in ROBUR Industry Service Group GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire 99% stake in ROBUR Industry Service Group GmbH on November 28, 2023. SPIE will acquire 99% of the share capital at closing, while the remaining 1% shareholding will be retained by the current management team who remains in place and will contribute to pursue the business development. An earn-out clause is included in the transaction. The acquisition will be financed with the existing financial resources of the Group with a limited impact on its leverage ratio. The transaction is subject to customary closing conditions among which antitrust approval and is expected to complete the transaction in Q1 2024.お知らせ • Nov 18SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Grid Solutions Activities of Strukton Systems B.V.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Grid Solutions Activities of Strukton Systems B.V. on November 16, 2023. Strukton’s central works council is involved in this planned sale and has delivered a favorable opinion. With this acquisition, SPIE continues the consolidation of its footprint in the booming energy market in the Netherlands. The Grid Solutions activities generated €28 million of revenue in 2022. The transaction is subject to agreement with third parties and is expected to complete in December, 2023.お知らせ • Oct 06+ 4 more updatesSPIE SA to Report First Half, 2024 Results on Jul 26, 2024SPIE SA announced that they will report first half, 2024 results on Jul 26, 2024お知らせ • Oct 01SPIE SA (ENXTPA:SPIE) acquired a 85% stake in Reseaux Environnement from Philippe Durand and others.SPIE SA (ENXTPA:SPIE) acquired a 85% stake in Reseaux Environnement from Philippe Durand and others on September 29, 2023. With this transaction, SPIE holds 85% of the share capital, while the remaining 15% shareholding are retained by the managers. The agreement includes put and call mechanisms related to the 15%. Réseaux Environnement generated revenues of approximately €38 million in 2022 and employs 120 qualified employees. SPIE SA (ENXTPA:SPIE) completed the acquisition of a 85% stake in Reseaux Environnement from Philippe Durand and others on September 29, 2023.Upcoming Dividend • Sep 14Upcoming dividend of €0.22 per share at 2.8% yieldEligible shareholders must have bought the stock before 20 September 2023. Payment date: 22 September 2023. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.5%).お知らせ • Aug 18SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 75.1% stake in Bridgingit Gmbh.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 75.1% stake in Bridgingit Gmbh on August 17, 2023. The remaining 24.9% stake of Bridgingit Gmbh will held by founders and other managers. This acquisition will be financed with the existing resources. BridgingIT generated sales of around €114 million in 2022. The current management team remains in place and will contribute to pursue the business development in the country. The deal is subject to antitrust approval and expected to complete by early in Q4 of 2023.Buying Opportunity • Aug 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be €34.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 6.5% in 2 years. Earnings is forecast to grow by 104% in the next 2 years.Reported Earnings • Jul 30First half 2023 earnings releasedFirst half 2023 results: Revenue: €4.18b (up 9.6% from 1H 2022). Net income: €73.2m (up 1.0% from 1H 2022). Profit margin: 1.7% (down from 1.9% in 1H 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Germany.お知らせ • Jul 08SPIE Enters Into Exclusive Negotiations For Acquisition Of AVM UpSPIE SA (ENXTPA:SPIE) entered into exclusive negotiations for acquisition of AVM Up. Expects to finalize the transaction in the coming weeks.Buying Opportunity • Jul 06Now 20% undervaluedOver the last 90 days, the stock is up 9.2%. The fair value is estimated to be €36.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.お知らせ • Jun 20SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Enterprise Communications & Services Gmbh.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Enterprise Communications & Services Gmbh on June 19, 2023. The closing of the transaction is expected to take place in August 2023 and is subject only to approval by the antitrust authorities.Buying Opportunity • Jun 07Now 21% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be €35.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.Upcoming Dividend • May 15Upcoming dividend of €0.55 per share at 2.5% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).Reported Earnings • Mar 11Full year 2022 earnings released: EPS: €0.93 (vs €1.06 in FY 2021)Full year 2022 results: EPS: €0.93 (down from €1.06 in FY 2021). Revenue: €8.20b (up 16% from FY 2021). Net income: €151.6m (down 10% from FY 2021). Profit margin: 1.8% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock is up 6.9%. The fair value is estimated to be €32.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.お知らせ • Jan 20SPIE SA (ENXTPA:SPIE) signed an agreement to acquire General Property Sp. z o.o.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire General Property Sp. z o.o at end of December 2022. SPIE welcomes the team of General Property. The closing of the transaction is expected to take place in February 2023 and is subject only to approval by the antitrust authorities.お知らせ • Dec 20Imtech UK & Ireland completed the acquisition of SPIE UK Limited from SPIE SA (ENXTPA:SPIE).Imtech UK & Ireland entered into an agreement to acquire UK business of SPIE SA for £43 million on October 27, 2022. The business generated approximately £200 million revenue in 2021. The transaction is subject to customary regulatory approvals. The deal is expected to close before the end of the year. Thomas Le Vert, Paul-Grégoire Longrois, Alexandre Jaurett, Samir Berlat and Jean Paszkudzki White & Case LLP (Paris) acted as legal advisor to SPIE SA. Imtech UK & Ireland completed the acquisition of SPIE UK Limited from SPIE SA (ENXTPA:SPIE) on December 19, 2022.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Trudy Schoolenberg was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 04SPIE SA, Annual General Meeting, May 10, 2023SPIE SA, Annual General Meeting, May 10, 2023.お知らせ • Nov 03+ 4 more updatesSPIE SA to Report Q3, 2023 Results on Nov 03, 2023SPIE SA announced that they will report Q3, 2023 results on Nov 03, 2023お知らせ • Oct 28Imtech UK & Ireland entered into an agreement to acquire SPIE UK Limited for GBP 43 million.Imtech UK & Ireland entered into an agreement to acquire UK business of SPIE SA for GBP 43 million on October 27, 2022. The transaction is subject to customary regulatory approvals. The deal is expected to close before the end of the year.Upcoming Dividend • Sep 15Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.5%).Reported Earnings • Jul 30First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €57.2m from profit in 1H 2021). Profit margin: (down from 1.7% in 1H 2021). Over the next year, revenue is forecast to grow 5.9%, compared to a 5.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 13Upcoming dividend of €0.47 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (3.4%).Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Patrick Raymond Jeantet was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €1.06 (up from €0.34 in FY 2020). Revenue: €7.07b (up 5.1% from FY 2020). Net income: €169.3m (up 215% from FY 2020). Profit margin: 2.4% (up from 0.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.6%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Feb 09LAC 1 SLP acquired 5% stake in SPIE SA (ENXTPA:SPIE).LAC 1 SLP acquired 5% stake in SPIE SA (ENXTPA:SPIE) on February 8, 2022. LAC 1 SLP completed the acquisition of a 5% stake in SPIE SA (ENXTPA:SPIE) on February 8, 2022.お知らせ • Dec 16SPIE SA (ENXTPA:SPIE) signs an agreement to acquire Nexotech S A.SPIE SA (ENXTPA:SPIE) signs an agreement to acquire Nexotech S A on December 15, 2021. Nexotech generated revenue of €25 million in 2020. The acquisition will see the addition of 950 employees from Nexotech. The closing of the transaction is subject only to approval by the antitrust authorities and is expected to take place by the end of January 2022.Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Trudy Schoolenberg was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 31First half 2021 earnings released: EPS €0.36 (vs €0.26 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €3.35b (up 9.0% from 1H 2020). Net income: €57.2m (up €98.6m from 1H 2020). Profit margin: 1.7% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Jun 19SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire Wiegel GebAudetechnik GmbH.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire Wiegel GebAudetechnik GmbH on June 18, 2021. Wiegel GebAudetechnik generated revenue of €50 million in 2020. The transaction is only subject to approval by the antitrust authorities. The closing of the transaction is expected to take place by the end of June 2021.Upcoming Dividend • May 18Upcoming dividend of €0.44 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.4%).お知らせ • Mar 14SPIE SA Proposes Cash Dividend for 2020SPIE SA announced that company will recommend a cash dividend of EUR 0.44 per share, which corresponds to company's usual 40% payout on adjusted net income. This dividend would be paid on May 27 subject to shareholders approval. Company also intend to resume the payment of an interim dividend. The next one will be EUR 0.30 per share or 30% of the 2020 dividend. If approved, this payment would take place in September. This means that, in terms of cash, the total amount of dividend company would pay in 2021 would be EUR 0.57 per share, more or less the same as what company paid in 2019.Reported Earnings • Mar 13Full year 2020 earnings released: EPS €0.34 (vs €1.02 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.73b (down 3.9% from FY 2019). Net income: €53.8m (down 66% from FY 2019). Profit margin: 0.8% (down from 2.3% 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 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 3.5%, compared to a 11% growth forecast for the Commercial Services industry in Germany.Is New 90 Day High Low • Mar 11New 90-day high: €19.44The company is up 19% from its price of €16.38 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.59 per share.お知らせ • Feb 05SPIE SA (ENXTPA:SPIE) acquired ENERGOTEST sp. z o. o.SPIE SA (ENXTPA:SPIE) acquired ENERGOTEST sp. z o. o. on February 4, 2021. SPIE SA (ENXTPA:SPIE) completed the acquisition of ENERGOTEST sp. z o. o. on February 4, 2021.Is New 90 Day High Low • Feb 04New 90-day high: €18.72The company is up 26% from its price of €14.83 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.46 per share.Is New 90 Day High Low • Jan 07New 90-day high: €18.12The company is up 12% from its price of €16.24 on 09 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 Commercial Services industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.01 per share.お知らせ • Dec 23SPIE SA (ENXTPA:SPIE) acquired Planen Bauen.SPIE SA (ENXTPA:SPIE) acquired Planen Bauen on December 21, 2020. In 2019, Planen Bauen generated revenue of approximately €10 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Planen Bauen on December 21, 2020.Is New 90 Day High Low • Dec 19New 90-day high: €17.48The company is up 14% from its price of €15.28 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.87 per share.Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 19% share price gain to €16.89, the stock is trading at a trailing P/E ratio of 39x, up from the previous P/E ratio of 32.7x. This compares to an average P/E of 17x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 18%.Is New 90 Day High Low • Oct 29New 90-day low: €13.11The company is down 7.0% from its price of €14.15 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.15 per share.お知らせ • Oct 08+ 2 more updatesSPIE SA to Report Q1, 2021 Results on Apr 29, 2021SPIE SA announced that they will report Q1, 2021 results at 9:00 AM, Romance Standard Time on Apr 29, 2021株主還元4SPDE Commercial ServicesDE 市場7D0.3%0.7%3.2%1Y6.1%6.8%2.5%株主還元を見る業界別リターン: 4SP過去 1 年間で6.8 % のリターンをもたらしたGerman Commercial Services業界と一致しました。リターン対市場: 4SP過去 1 年間で2.5 % の収益を上げたGerman市場を上回りました。価格変動Is 4SP's price volatile compared to industry and market?4SP volatility4SP Average Weekly Movement5.4%Commercial Services Industry Average Movement6.6%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: 4SP 、 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: 4SPの 週次ボラティリティ ( 5% ) 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190054,673Markus Holzkewww.spie.comSPIE SAは、フランス、ドイツ、オランダ、そして国際的に、エネルギーと通信の分野で複合的な技術サービスを提供している。同社は4つのセグメントで事業を展開している：フランス、ドイツ、北西ヨーロッパ、中央ヨーロッパ、グローバル・サービス・エネルギー。建築物のモデリングと設計、情報技術のメンテナンス、情報通信技術のエンジニアリングとコンサルティング、技術設備管理、設置サービス、持続可能なメンテナンス、マネージド・サービス、エネルギー生産、送電、配電、貯蔵、電気ソリューション、暖房換気空調；ネットワーク・通信インフラ、ユニファイド・コミュニケーションとコラボレーション、クラウドとマネージド・サービス、マルチメディア、ワークスペース、テレワーク、ビルディング・インフォメーション・モデリングと技術管理、拡張現実（AR）、IoTとデータ管理、交通管理、旅客の運行と情報をサポートするシステム、スマート・メンテナンス、オートメーション、ボイラー製造と配管、ロボット工学とトランジティクス、産業移送、エネルギー転換。また、Eモビリティ、スマートパーキング、バリア、エネルギーパフォーマンス、産業施設の近代化、デジタルソリューション、スマートデータ管理、監視室、人間工学、サイバーセキュリティも提供している。都市・地域、公共施設、教育、医療、オフィス、銀行・保険、観光・ホスピタリティ、ショッピングセンター、データセンター、通信ネットワーク、工業、物流、運輸、エネルギー向けに製品を提供している。SPIE社は1900年に設立され、フランスのセルジー・ポントワーズに本社を置いている。もっと見るSPIE SA 基礎のまとめSPIE の収益と売上を時価総額と比較するとどうか。4SP 基礎統計学時価総額€8.25b収益（TTM）€176.40m売上高(TTM)€10.49b46.8xPER（株価収益率0.8xP/Sレシオ4SP 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4SP 損益計算書（TTM）収益€10.49b売上原価€9.53b売上総利益€966.90mその他の費用€790.50m収益€176.40m直近の収益報告Dec 31, 2025次回決算日Jul 30, 2026一株当たり利益（EPS）1.04グロス・マージン9.22%純利益率1.68%有利子負債／自己資本比率110.5%4SP 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2.2%現在の配当利回り103%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2026/05/24 09:24終値2026/05/22 00:00収益2025/12/31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SPIE SA 11 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。19 アナリスト機関Anna PatriceBerenbergAleksander PetercBernsteinLaurent GelebartBNP Paribas16 その他のアナリストを表示
お知らせ • Mar 26SPIE SA (ENXTPA:SPIE) agreed to acquire SGS Industrial Services GmbH.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire SGS Industrial Services GmbH on March 25, 2026. The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is March 26, 2026 to June 30, 2026. In 2025, SGS Industrial Services generated revenues of c. €180 million with margins slightly north of 10%. The experienced management with Andreas Hofinger, Christian Gittmaier and Sandra Ponsold will continue to lead the operational business.
お知らせ • Mar 25SPIE SA, Annual General Meeting, Apr 30, 2026SPIE SA, Annual General Meeting, Apr 30, 2026. Location: hotel des arts metiers, 9 bis avenue d iena, paris France
お知らせ • Mar 06+ 3 more updatesSPIE SA Announces CEO Changes, Effective 30 April 2026SPIE SA announced that Mr. Gauthier Louette has informed the Board of Directors of his decision not to seek the renewal of his functions of Chief Executive Officer at the end of his current term of office, taking effect at the close of the annual general shareholders’ meeting to be held on 30 April 2026. This decision is pursuant to the age limit set by SPIE’s by-laws. Mr. Gauthier Louette led the Company for nearly 23 years, effectively transforming SPIE into a strong, pan-European player, at the forefront of the energy transition, with a performance at the very top of the industry. He notably successfully led the Company’s IPO in June 2015, with a market capitalization that has tripled since then. Upon recommendations of the Nominations and Compensation Committee and in accordance with the Group’s succession plan, which included an assessment of potential external candidates, the Board of Directors has decided to adopt a new governance structure with a separation of the functions of Chairman of the Board of Directors and Chief Executive Officer, which it considers the most appropriate structure to accompany this new period in the best interests of the Company and all its stakeholders. Accordingly, the Board of Directors has decided to appoint Mr. Markus Holzke as Chief Executive Officer, with effect following the annual general shareholders meeting to be held on 30 April 2026. The appointment of Mr. Markus Holzke as Chief Executive Officer of the Company is fully in line with SPIE's management values and strategic ambition. Having joined SPIE in 2013 through the acquisition of Hochtief service solutions, Mr. Markus Holzke has served since 2014 as the chief executive officer of SPIE in Germany and Central Europe, demonstrating an in-depth knowledge and comprehensive understanding of SPIE’s operations and business model. Under his unwavering commitment, the German business has grown from a c.€650 million to a €3.6 billion revenue, becoming the Group’s largest revenue contributor and its primary growth driver, reaching c.35% of the Group’s consolidated production and EBITA in 2025.Notably with the acquisition of SAG Group in 2017, a landmark platform transaction that positioned SPIE as the leading player in transmission and distribution services in Germany, Mr. Markus Holzke has successfully driven the deployment of SPIE’s acquisition-led growth strategy. Since 2014, the German segment has been at the forefront of the Group’s disciplined growth, with 2 platform and 26 bolt-on acquisitions. Markus Holzke: Mr. Markus Holzke, aged 52, spent 12 years with the Bundeswehrand earned an MBA from the University of the German Federal Armed Forcesin Munich. Mr. Markus Holzke joined TÜV Süd AG in 2006 where he held different positions including VP finance for the Asia-Pacific region. In 2010, he joined Hochtief Solutions AG and became the chief financial officer of the service segment in 2012. He joined SPIE in 2013 following the acquisition of Hochtief Solutions’ service business. Since 2014, he has served as chief executive officer of SPIE Deutschland & Zentraleuropa, which became SPIE Germany Switzerland Austria in 2024.
お知らせ • Mar 04SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG on March 2, 2025. Upon completion, the remaining 1% shareholding will be retained by the current management team, who remain in place and will contribute to pursuing business development. The acquisition will be self-financed with a limited impact on its leverage ratio. For the period ending December 31, 2025, Rofa industrial Automation AG reported total revenue of €430 million. The transaction EBITA multiple is high single digit. The transaction should result in a mid-single digit adjusted EPS accretion for the Group as soon as the first year of consolidation. The transaction is subject only to antitrust approval and expected to be completed in Q2 2026. Ingo Strauss, Lucas Schweitzer, Katharina Intfeld, Susan Kempe-Mller, Sven Nickel, Tobias Klass, Florian Dehmel, Tilman Kuhn and Joachim Grittmann of Latham & Watkins LLP acted as legal advisor to SPIE SA. Jochem Reichert, Jan Friedrichson, Christoph Kiegler, André Reinhard, Michael M. Cohen, Maria Held, Alexander Stolz, Steffen Henn of SZA Schilling, Zutt & Anschütz acted as legal advisor to the shareholders of Rofa industrial Automation AG.
お知らせ • Dec 12SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL on December 11, 2025. For the period ending December 31, 2024, Artemys SARL reported total revenue of €82 million. The transaction is subject to subject to antitrust regulations. The transaction is expected to be finalized by early 2026.
お知らせ • Dec 09SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH.SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH on December 8, 2025. For the period ending December 31, 2024, Cyqueo GmbH reported total revenue of approximately €20 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Cyqueo GmbH on December 8, 2025. Marvin März and Leander Schilling of Lincoln International AG acted as financial advisor for Cyqueo GmbH. Sebastian Pauls, Susanne Decker, and Andreas Holzgreve of Weil, Gotshal & Manges LLP.
お知らせ • Mar 26SPIE SA (ENXTPA:SPIE) agreed to acquire SGS Industrial Services GmbH.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire SGS Industrial Services GmbH on March 25, 2026. The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is March 26, 2026 to June 30, 2026. In 2025, SGS Industrial Services generated revenues of c. €180 million with margins slightly north of 10%. The experienced management with Andreas Hofinger, Christian Gittmaier and Sandra Ponsold will continue to lead the operational business.
お知らせ • Mar 25SPIE SA, Annual General Meeting, Apr 30, 2026SPIE SA, Annual General Meeting, Apr 30, 2026. Location: hotel des arts metiers, 9 bis avenue d iena, paris France
お知らせ • Mar 06+ 3 more updatesSPIE SA Announces CEO Changes, Effective 30 April 2026SPIE SA announced that Mr. Gauthier Louette has informed the Board of Directors of his decision not to seek the renewal of his functions of Chief Executive Officer at the end of his current term of office, taking effect at the close of the annual general shareholders’ meeting to be held on 30 April 2026. This decision is pursuant to the age limit set by SPIE’s by-laws. Mr. Gauthier Louette led the Company for nearly 23 years, effectively transforming SPIE into a strong, pan-European player, at the forefront of the energy transition, with a performance at the very top of the industry. He notably successfully led the Company’s IPO in June 2015, with a market capitalization that has tripled since then. Upon recommendations of the Nominations and Compensation Committee and in accordance with the Group’s succession plan, which included an assessment of potential external candidates, the Board of Directors has decided to adopt a new governance structure with a separation of the functions of Chairman of the Board of Directors and Chief Executive Officer, which it considers the most appropriate structure to accompany this new period in the best interests of the Company and all its stakeholders. Accordingly, the Board of Directors has decided to appoint Mr. Markus Holzke as Chief Executive Officer, with effect following the annual general shareholders meeting to be held on 30 April 2026. The appointment of Mr. Markus Holzke as Chief Executive Officer of the Company is fully in line with SPIE's management values and strategic ambition. Having joined SPIE in 2013 through the acquisition of Hochtief service solutions, Mr. Markus Holzke has served since 2014 as the chief executive officer of SPIE in Germany and Central Europe, demonstrating an in-depth knowledge and comprehensive understanding of SPIE’s operations and business model. Under his unwavering commitment, the German business has grown from a c.€650 million to a €3.6 billion revenue, becoming the Group’s largest revenue contributor and its primary growth driver, reaching c.35% of the Group’s consolidated production and EBITA in 2025.Notably with the acquisition of SAG Group in 2017, a landmark platform transaction that positioned SPIE as the leading player in transmission and distribution services in Germany, Mr. Markus Holzke has successfully driven the deployment of SPIE’s acquisition-led growth strategy. Since 2014, the German segment has been at the forefront of the Group’s disciplined growth, with 2 platform and 26 bolt-on acquisitions. Markus Holzke: Mr. Markus Holzke, aged 52, spent 12 years with the Bundeswehrand earned an MBA from the University of the German Federal Armed Forcesin Munich. Mr. Markus Holzke joined TÜV Süd AG in 2006 where he held different positions including VP finance for the Asia-Pacific region. In 2010, he joined Hochtief Solutions AG and became the chief financial officer of the service segment in 2012. He joined SPIE in 2013 following the acquisition of Hochtief Solutions’ service business. Since 2014, he has served as chief executive officer of SPIE Deutschland & Zentraleuropa, which became SPIE Germany Switzerland Austria in 2024.
お知らせ • Mar 04SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 99% stake in Rofa industrial Automation AG on March 2, 2025. Upon completion, the remaining 1% shareholding will be retained by the current management team, who remain in place and will contribute to pursuing business development. The acquisition will be self-financed with a limited impact on its leverage ratio. For the period ending December 31, 2025, Rofa industrial Automation AG reported total revenue of €430 million. The transaction EBITA multiple is high single digit. The transaction should result in a mid-single digit adjusted EPS accretion for the Group as soon as the first year of consolidation. The transaction is subject only to antitrust approval and expected to be completed in Q2 2026. Ingo Strauss, Lucas Schweitzer, Katharina Intfeld, Susan Kempe-Mller, Sven Nickel, Tobias Klass, Florian Dehmel, Tilman Kuhn and Joachim Grittmann of Latham & Watkins LLP acted as legal advisor to SPIE SA. Jochem Reichert, Jan Friedrichson, Christoph Kiegler, André Reinhard, Michael M. Cohen, Maria Held, Alexander Stolz, Steffen Henn of SZA Schilling, Zutt & Anschütz acted as legal advisor to the shareholders of Rofa industrial Automation AG.
お知らせ • Dec 12SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 93% stake in Artemys SARL on December 11, 2025. For the period ending December 31, 2024, Artemys SARL reported total revenue of €82 million. The transaction is subject to subject to antitrust regulations. The transaction is expected to be finalized by early 2026.
お知らせ • Dec 09SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH.SPIE SA (ENXTPA:SPIE) acquired Cyqueo GmbH on December 8, 2025. For the period ending December 31, 2024, Cyqueo GmbH reported total revenue of approximately €20 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Cyqueo GmbH on December 8, 2025. Marvin März and Leander Schilling of Lincoln International AG acted as financial advisor for Cyqueo GmbH. Sebastian Pauls, Susanne Decker, and Andreas Holzgreve of Weil, Gotshal & Manges LLP.
お知らせ • Dec 04SPIE SA Announces Leadership ChangeSPIE announced a leadership change in Central Europe, welcoming Lukasz Nowiski as successor to Pawel Skowroski. Effective from December 31, 2025, Dr. Pawel Skowroski will step down from his position as Managing Director of SPIE Central Europe and Member of the SPIE Group Executive Committee. Since 2018, he has driven the successful growth of SPIE's business units in Poland, Slovakia, Czech Republic and Hungary. Effective from January 1, 2026, Lukasz Nowiski, who is currently heading SPIE's operations in Poland, will be appointed Managing Director of SPIE Central Europe and will join the SPIE Group Executive Committee. He is 49 years old and graduated from WSB-National Louis University in Poland with master's degree in management and foreign Affairs. He was CEO of Assa Abloy in Poland for over 5 years before joining SPIE in 2017 through the acquisition of Agis Group, where he held the position of CEO since 2012. He then led the acquisition team in Central Europe, achieving 5 deals, before becoming the Managing Director of Poland in 2024.
お知らせ • Nov 29SPIE SA Announces Stepping Down of Trudy Schoolenberg as Independent Director, Effective December 31, 2025SPIE SA announced that for personal reasons, Mrs. Trudy Schoolenberg has decided to step down from her position as Independent Director and to leave the Board of SPIE on December 31st, 2025. Trudy Schoolenberg joined the Board of Directors of SPIE SA in November 2021. Her co-optation was ratified at the General Meeting of 11 May 2022. During her time on the Board, she played an active role and sat on the CSR & Governance committee Following Mrs. Schoolenberg’s departure, the Board will count 11 members, of which 5 are female members and 7 are Independent Directors. As of January 1st, 2026, women will account for 56% of the Board, including the director representing employee shareholders, while independent directors will represent 64%.
お知らせ • Nov 12SPIE SA (ENXTPA:SPIE) signs an agreement to acquire 89% stake in Pik AG.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 89% stake in Pik AG on November 11, 2025. Pik AG management team Christoph Wegner, Christian Hieckel, Daniel Gallin, and André Rechenberg will continue to lead the company’s future development. The remaining 11% of Pik AG of the shares are held by the previous owner and the management team. The agreement includes put and call mechanisms related to these 11%. For the period ending December 31, 2024, Pik AG reported total revenue around €42 million. The transaction is subject to subject to antitrust regulations. The transaction is expected to complete in December 2025. Sebastian Zajons, André Laner, Philipp Dille, Matthias Krankowsky and Tobias Maximilian Fritz of RSM Ebner Stolz Management Consultants GmbH acted as accountant to PIK AG.
お知らせ • Nov 01SPIE SA Provides Earnings Guidance for the Year 2025SPIE SA provided earnings guidance for the year 2025. For the year, the company expects strong total growth pushing revenue well above the €10 billion mark, including further organic growth and active bolt-on M&A.
お知らせ • Oct 08SPIE SA (ENXTPA:SPIE) agreed to acquire Ecoexperts Automation GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire Ecoexperts Automation GmbH on October 7, 2025. For the period ending December 31, 2024, Ecoexperts Automation GmbH reported total revenue of €7 million. The transaction is subject to subject to antitrust regulations. The final closing of the transaction is expected by the end of the year.
お知らせ • Sep 12+ 1 more updateSPIE SA to Report Q3, 2026 Results on Oct 30, 2026SPIE SA announced that they will report Q3, 2026 results on Oct 30, 2026
お知らせ • Sep 09+ 1 more updateSPIE SA to Report Q1, 2026 Results on Apr 24, 2026SPIE SA announced that they will report Q1, 2026 results on Apr 24, 2026
お知らせ • Aug 26SPIE SA (ENXTPA:SPIE) acquired Voets En Donkers Koeltechniek B.V. from Marc Voets and Peter Donkers.SPIE SA (ENXTPA:SPIE) acquired Voets En Donkers Koeltechniek B.V. from Marc Voets and Peter Donkers on August 25, 2025. The acquisition includes Voets En Donkers Koeltechniek B.V. and its subsidiary VND Technical Services B.V. The acquisition strengthens SPIE's expertise in industrial cooling installations, air treatment systems, heat pumps, industrial automation, and engineering of process equipment. For the period ending December 31, 2024, Voets En Donkers Koeltechniek B.V. reported total revenue of €30 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Voets En Donkers Koeltechniek B.V. from Marc Voets and Peter Donkers on August 25, 2025.
お知らせ • Jul 02SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire 96% stake in SD Fiber AG.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire 96% stake in SD Fiber AG on July 1, 2025. Upon completion of the transaction, SPIE will acquire 96% of the shares of SD Fiber. The remaining 4% will be retained by the current management team, who will continue to lead SD Fiber and will contribute to its ongoing business development. SD Fiber AG generated revenue of €70 million in 2024.
お知らせ • Jun 03SPIE SA (ENXTPA:SPIE) completed the acquisition of Rovitech Projects B.V. from Rob Nagtegaal and others.SPIE SA (ENXTPA:SPIE) acquired Rovitech Projects B.V. from Rob Nagtegaal and others on June 2, 2025. With 25 employees, Rovitech generated revenue of 7 million in 2024. SPIE SA (ENXTPA:SPIE) completed the acquisition of Rovitech Projects B.V. from Rob Nagtegaal and others on June 2, 2025.
お知らせ • Apr 17SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Ltec Sp. z o.o.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Ltec Sp. z o.o. on April 16, 2025. LTEC generated approximately €19 million in revenue in 2024 and employs around 75 professionals, including many qualified engineers and specialists. The transaction is subject to usual conditions, including antitrust approval from the Office of Competition and Consumer Protection and SPIE expects to finalize the transaction in the second quarter of 2025.
お知らせ • Mar 26SPIE SA, Annual General Meeting, Apr 30, 2025SPIE SA, Annual General Meeting, Apr 30, 2025. Location: centre etoile saint honore, 21 25 rue balzac, paris France
お知らせ • Mar 07SPIE SA to Report Q3, 2025 Results on Oct 31, 2025SPIE SA announced that they will report Q3, 2025 results Pre-Market on Oct 31, 2025
お知らせ • Mar 06+ 1 more updateSPIE SA Recommends Dividend for Year 2024SPIE SA proposed a dividend of €1.0 per share for 2024, representing an increase in excess of 20% compared to 2023.
お知らせ • Jan 22SPIE SA (ENXTPA:SPIE) commences an Equity Buyback Plan, under the authorization approved on May 3, 2024.SPIE SA (ENXTPA:SPIE) commences share repurchases on January 14, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 3, 2024. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital at any time whatsoever or 5% of the total number of shares forming the share capital in the case of shares acquired by the Company with a view to holding them and subsequently handing them over in payment or exchange within the scope of a merger, demerger or contribution transaction. The company will cancel all or some of it's purchased shares. The maximum purchase price per share will not exceed €60 per share. The repurchased shares will be used to provide liquidity, allot shares to executive officers and employees of the Company and other Group entities, particularly within the scope of profit-sharing, any company stock option plan. The repurchase authorization is valid for 18 months. On January 9, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to 1,250,000 shares. The purpose of program is to offset the dilutive effects of the Group’s employee shareholding plan and long-term incentive scheme. The repurchases will commence from January 9, 2025 and will be valid till February 28, 2025.
お知らせ • Dec 20SPIE SA (ENXTPA:SPIE) agreed to acquire Anylinq B.V.SPIE SA (ENXTPA:SPIE) agreed to acquire Anylinq B.V. on December 20, 2024. For the year 2023, Anylinq B.V. generated a total revenue of €21 million.
お知らせ • Oct 17+ 2 more updatesSPIE SA to Report Fiscal Year 2024 Results on Mar 06, 2025SPIE SA announced that they will report fiscal year 2024 results on Mar 06, 2025
Declared Dividend • Sep 02First half dividend increased to €0.25Dividend of €0.25 is 14% higher than last year. Ex-date: 18th September 2024 Payment date: 20th September 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 16SPIE SA (ENXTPA:SPIE) completed the acquisition of 87% stake in Otto Life Science Engineering GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire 87% stake in Otto Life Science Engineering GmbH on July 17, 2024. The acquisition will be financed with the existing financial resources of SPIE SA. For the period ending December 31, 2023, Otto Life Science Engineering GmbH reported total revenue of €75 million. The current management team will remain in place. The deal is subject to customary closing conditions and German antitrust approval. The transaction is expected to complete in in Q3 2024. The transaction will result in an EPS accretion. SPIE SA (ENXTPA:SPIE) completed the acquisition of 87% stake in Otto Life Science Engineering GmbH on August 16, 2024.
Buy Or Sell Opportunity • Jul 30Now 23% undervaluedOver the last 90 days, the stock has risen 1.8% to €34.74. The fair value is estimated to be €44.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.
Reported Earnings • Jul 29First half 2024 earnings released: EPS: €0.34 (vs €0.45 in 1H 2023)First half 2024 results: EPS: €0.34 (down from €0.45 in 1H 2023). Revenue: €4.71b (up 13% from 1H 2023). Net income: €56.8m (down 22% from 1H 2023). Profit margin: 1.2% (down from 1.7% in 1H 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 26SPIE SA Announces Interim Cash Dividend, Payable on September 20, 2024SPIE announced that the company will pay an interim cash dividend of €0.25 per share on September 20th, 2024 (ex-date: September 18th, 2024), i.e. 30% of the approved dividend for 2023.
お知らせ • Jul 18SPIE SA (ENXTPA:SPIE) agreed to acquire 87% stake in Otto Life Science Engineering GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire 87% stake in Otto Life Science Engineering GmbH on July 17, 2024. The acquisition will be financed with the existing financial resources of SPIE SA. For the period ending December 31, 2023, Otto Life Science Engineering GmbH reported total revenue of €75 million. The current management team will remain in place. The deal is subject to customary closing conditions and German antitrust approval. The transaction is expected to complete in in Q3 2024. The transaction will result in an EPS accretion.
お知らせ • Apr 28SPIE SA Provides Dividend Guidance for the Year 2024SPIE SA announced that for the year 2024 the proposed dividend pay-out ratio will remain at c.40% of Adjusted Net Income attributable to the Group.
お知らせ • Apr 20SPIE SA (ENXTPA:SPIE) completed the acquisition of approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners.SPIE SA (ENXTPA:SPIE) signed a definitive agreement to acquire approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners on March 11, 2024. The acquisition will be financed with the existing financial resources of SPIE while maintaining its sound financial policy regarding leverage ratio. ICG Group generated a revenue of €230 million in 2023. The transaction multiple is 9.1x EBITA 2023 and 7.5x EBITA 2024E. The remaining 8% shareholding in in ICG Group will be retained by the current management team who will remain in place and will contribute to pursue the business development. The agreement includes put and call mechanisms related to the 8%. The transaction is subject to clearance by antitrust authorities. The transaction should result in a mid-single digit EPS accretion for the Group as soon as the first year of consolidation. SPIE expects to close the transaction in Q2 2024. Vanessa Rendtorff, Jan Balssen,Maximilian Imre, Katja Lehr, Doris-Maria Schuster, Hendrik Marchal, Matthias Werner, Manuel Klar, Iris Benedikt-Buckenleib, Eike Bicker and Konrad HJ Discher of Gleiss Lutz acted as legal advisor for H.I.G. Michael Wahl, Florian Mühl, Ismail Kacmaz, Danka Ruzic, Matthias Hogh, Frank Wallbott, Jan Linnemann and Tamer Aydemir of Eight Advisory provided financial and tax due diligence services to SPIE. Ingo Strauss, Lucas Schweitzer, Tobias Klass, Stefan Süß, Max Hauser, Tobias Leder, Susan Kempe-Müller, Sven Nickel, Wolf-Tassilo Böhm and Joachim Grittmann of Latham & Watkins acted as ledal and due due diligence for SPIE. SPIE SA (ENXTPA:SPIE) completed the acquisition of approximately 92% stake in ICG Group from H.I.G. Europe Realty Partners on April 18, 2024. The responsible competition authorities had previously approved the transaction.
New Risk • Mar 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Declared Dividend • Mar 24Final dividend increased to €0.61Dividend of €0.61 is 11% higher than last year. Ex-date: 14th May 2024 Payment date: 16th May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 15SPIE SA (ENXTPA:SPIE) completed the acquisition of ROBUR Industry Service Group GmbH from InterAlpen Partners, LLC and GREENPEAK Partners Advisory GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire ROBUR Industry Service Group GmbH from InterAlpen Partners, LLC and GREENPEAK Partners Advisory GmbH on November 27, 2023. ROBUR Industry Service Group GmbH had revenue of €380 million. Following completion of the transaction, ROBUR will be established as a separate division of SPIE Deutschland & Zentraleuropa, which will continue to be led by Jan-Jörg Müller-Seiler and his experienced management team. The transaction is subject to customary closing conditions among which antitrust approval and is expected to complete the transaction in February, 2024. The transaction is subject to approval of approval of European commission. As on February 13, 2024, Spie SA (EPA:SPIE) has obtained unconditional EU approval for its agreement to acquire Robur Industry Services. Ingo Strauss, Susanne Decker, Heiko Gotsche, Tobias Klass, Stefan Süß, Max Hauser, Susan Kempe-Müller, Alena McCorkle, Tobias Leder and team of Latham & Watkins Schön Nolte acted as legal advisor to SPIE in this transaction. Houlihan Lokey acted as financial advisor to ROBUR Industry Service Group. Gabor Mues, M Jur, Isabella Dittmer, Florian Fischer from Fischer Mues Dittmer Heilmeier acted as legal advisors to shareholders of ROBUR. Ingo Strauss, Lucas Schweitzer, Susanne Decker,Heiko Gotsche; Tobias Klass and Stefan Süss; Max Hauser, Jana Dammann De Chapto and Nicolas Jung; Joachim Grittmann, Susan Kempe-Mueller, Wolf-Tassilo Böhm, Alena McCorkle, Sven Nickel, Tobias Leder from Latham & Watkins LLP acted as legal advisors to SPIE SA (ENXTPA:SPIE). SPIE SA (ENXTPA:SPIE) completed the acquisition of ROBUR Industry Service Group GmbH from InterAlpen Partners, LLC and GREENPEAK Partners Advisory GmbH on March 15,, 2023. The regulatory approvals, including the European antitrust authority have been received and all suspensive conditions have been lifted in their entirety.
お知らせ • Mar 11SPIE SA (ENXTPA:SPIE) signed a definitive agreement to acquire Infratech/comcross Holding GmbH from H.I.G. Europe Realty Partners.SPIE SA (ENXTPA:SPIE) signed a definitive agreement to acquire Infratech/comcross Holding GmbH from H.I.G. Europe Realty Partners on March 11, 2024. The transaction is subject to clearance by antitrust authorities.
Reported Earnings • Mar 10Full year 2023 earnings releasedFull year 2023 results: Revenue: €8.81b (up 7.5% from FY 2022). Net income: €238.5m (up 57% from FY 2022). Profit margin: 2.7% (up from 1.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany.
お知らせ • Mar 08SPIE SA Recommends Dividend for the Fiscal Year 2023, Payable on May 16, 2024SPIE SA recommended dividend for the fiscal year 2023. On the basis of a steady payout ratio policy of 40%, the Board of Directors will propose to the general meeting a dividend of EUR 0.83 per share. This is an increase by 13.7% in comparison to the year before. This dividend to be paid in cash includes an interim dividend of EUR 0.22 already paid in September 2023 with the remaining EUR 0.61 per share to be paid on May 16 of this year. And as per dividend policy, an interim dividend will be paid again in September 2024 for an amount equivalent to 30% of the approved 2023 dividend.
New Risk • Jan 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
お知らせ • Nov 29SPIE SA (ENXTPA:SPIE) agreed to acquire 99% stake in ROBUR Industry Service Group GmbH.SPIE SA (ENXTPA:SPIE) agreed to acquire 99% stake in ROBUR Industry Service Group GmbH on November 28, 2023. SPIE will acquire 99% of the share capital at closing, while the remaining 1% shareholding will be retained by the current management team who remains in place and will contribute to pursue the business development. An earn-out clause is included in the transaction. The acquisition will be financed with the existing financial resources of the Group with a limited impact on its leverage ratio. The transaction is subject to customary closing conditions among which antitrust approval and is expected to complete the transaction in Q1 2024.
お知らせ • Nov 18SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Grid Solutions Activities of Strukton Systems B.V.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Grid Solutions Activities of Strukton Systems B.V. on November 16, 2023. Strukton’s central works council is involved in this planned sale and has delivered a favorable opinion. With this acquisition, SPIE continues the consolidation of its footprint in the booming energy market in the Netherlands. The Grid Solutions activities generated €28 million of revenue in 2022. The transaction is subject to agreement with third parties and is expected to complete in December, 2023.
お知らせ • Oct 06+ 4 more updatesSPIE SA to Report First Half, 2024 Results on Jul 26, 2024SPIE SA announced that they will report first half, 2024 results on Jul 26, 2024
お知らせ • Oct 01SPIE SA (ENXTPA:SPIE) acquired a 85% stake in Reseaux Environnement from Philippe Durand and others.SPIE SA (ENXTPA:SPIE) acquired a 85% stake in Reseaux Environnement from Philippe Durand and others on September 29, 2023. With this transaction, SPIE holds 85% of the share capital, while the remaining 15% shareholding are retained by the managers. The agreement includes put and call mechanisms related to the 15%. Réseaux Environnement generated revenues of approximately €38 million in 2022 and employs 120 qualified employees. SPIE SA (ENXTPA:SPIE) completed the acquisition of a 85% stake in Reseaux Environnement from Philippe Durand and others on September 29, 2023.
Upcoming Dividend • Sep 14Upcoming dividend of €0.22 per share at 2.8% yieldEligible shareholders must have bought the stock before 20 September 2023. Payment date: 22 September 2023. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.5%).
お知らせ • Aug 18SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 75.1% stake in Bridgingit Gmbh.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire 75.1% stake in Bridgingit Gmbh on August 17, 2023. The remaining 24.9% stake of Bridgingit Gmbh will held by founders and other managers. This acquisition will be financed with the existing resources. BridgingIT generated sales of around €114 million in 2022. The current management team remains in place and will contribute to pursue the business development in the country. The deal is subject to antitrust approval and expected to complete by early in Q4 of 2023.
Buying Opportunity • Aug 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.4%. The fair value is estimated to be €34.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 6.5% in 2 years. Earnings is forecast to grow by 104% in the next 2 years.
Reported Earnings • Jul 30First half 2023 earnings releasedFirst half 2023 results: Revenue: €4.18b (up 9.6% from 1H 2022). Net income: €73.2m (up 1.0% from 1H 2022). Profit margin: 1.7% (down from 1.9% in 1H 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Germany.
お知らせ • Jul 08SPIE Enters Into Exclusive Negotiations For Acquisition Of AVM UpSPIE SA (ENXTPA:SPIE) entered into exclusive negotiations for acquisition of AVM Up. Expects to finalize the transaction in the coming weeks.
Buying Opportunity • Jul 06Now 20% undervaluedOver the last 90 days, the stock is up 9.2%. The fair value is estimated to be €36.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.
お知らせ • Jun 20SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Enterprise Communications & Services Gmbh.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire Enterprise Communications & Services Gmbh on June 19, 2023. The closing of the transaction is expected to take place in August 2023 and is subject only to approval by the antitrust authorities.
Buying Opportunity • Jun 07Now 21% undervaluedOver the last 90 days, the stock is up 8.0%. The fair value is estimated to be €35.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 23% per annum over the same time period.
Upcoming Dividend • May 15Upcoming dividend of €0.55 per share at 2.5% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).
Reported Earnings • Mar 11Full year 2022 earnings released: EPS: €0.93 (vs €1.06 in FY 2021)Full year 2022 results: EPS: €0.93 (down from €1.06 in FY 2021). Revenue: €8.20b (up 16% from FY 2021). Net income: €151.6m (down 10% from FY 2021). Profit margin: 1.8% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock is up 6.9%. The fair value is estimated to be €32.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
お知らせ • Jan 20SPIE SA (ENXTPA:SPIE) signed an agreement to acquire General Property Sp. z o.o.SPIE SA (ENXTPA:SPIE) signed an agreement to acquire General Property Sp. z o.o at end of December 2022. SPIE welcomes the team of General Property. The closing of the transaction is expected to take place in February 2023 and is subject only to approval by the antitrust authorities.
お知らせ • Dec 20Imtech UK & Ireland completed the acquisition of SPIE UK Limited from SPIE SA (ENXTPA:SPIE).Imtech UK & Ireland entered into an agreement to acquire UK business of SPIE SA for £43 million on October 27, 2022. The business generated approximately £200 million revenue in 2021. The transaction is subject to customary regulatory approvals. The deal is expected to close before the end of the year. Thomas Le Vert, Paul-Grégoire Longrois, Alexandre Jaurett, Samir Berlat and Jean Paszkudzki White & Case LLP (Paris) acted as legal advisor to SPIE SA. Imtech UK & Ireland completed the acquisition of SPIE UK Limited from SPIE SA (ENXTPA:SPIE) on December 19, 2022.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Trudy Schoolenberg was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 04SPIE SA, Annual General Meeting, May 10, 2023SPIE SA, Annual General Meeting, May 10, 2023.
お知らせ • Nov 03+ 4 more updatesSPIE SA to Report Q3, 2023 Results on Nov 03, 2023SPIE SA announced that they will report Q3, 2023 results on Nov 03, 2023
お知らせ • Oct 28Imtech UK & Ireland entered into an agreement to acquire SPIE UK Limited for GBP 43 million.Imtech UK & Ireland entered into an agreement to acquire UK business of SPIE SA for GBP 43 million on October 27, 2022. The transaction is subject to customary regulatory approvals. The deal is expected to close before the end of the year.
Upcoming Dividend • Sep 15Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.5%).
Reported Earnings • Jul 30First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €57.2m from profit in 1H 2021). Profit margin: (down from 1.7% in 1H 2021). Over the next year, revenue is forecast to grow 5.9%, compared to a 5.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 13Upcoming dividend of €0.47 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (3.4%).
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Patrick Raymond Jeantet was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: €1.06 (up from €0.34 in FY 2020). Revenue: €7.07b (up 5.1% from FY 2020). Net income: €169.3m (up 215% from FY 2020). Profit margin: 2.4% (up from 0.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.6%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Feb 09LAC 1 SLP acquired 5% stake in SPIE SA (ENXTPA:SPIE).LAC 1 SLP acquired 5% stake in SPIE SA (ENXTPA:SPIE) on February 8, 2022. LAC 1 SLP completed the acquisition of a 5% stake in SPIE SA (ENXTPA:SPIE) on February 8, 2022.
お知らせ • Dec 16SPIE SA (ENXTPA:SPIE) signs an agreement to acquire Nexotech S A.SPIE SA (ENXTPA:SPIE) signs an agreement to acquire Nexotech S A on December 15, 2021. Nexotech generated revenue of €25 million in 2020. The acquisition will see the addition of 950 employees from Nexotech. The closing of the transaction is subject only to approval by the antitrust authorities and is expected to take place by the end of January 2022.
Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Trudy Schoolenberg was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 31First half 2021 earnings released: EPS €0.36 (vs €0.26 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €3.35b (up 9.0% from 1H 2020). Net income: €57.2m (up €98.6m from 1H 2020). Profit margin: 1.7% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Jun 19SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire Wiegel GebAudetechnik GmbH.SPIE SA (ENXTPA:SPIE) entered into an agreement to acquire Wiegel GebAudetechnik GmbH on June 18, 2021. Wiegel GebAudetechnik generated revenue of €50 million in 2020. The transaction is only subject to approval by the antitrust authorities. The closing of the transaction is expected to take place by the end of June 2021.
Upcoming Dividend • May 18Upcoming dividend of €0.44 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.4%).
お知らせ • Mar 14SPIE SA Proposes Cash Dividend for 2020SPIE SA announced that company will recommend a cash dividend of EUR 0.44 per share, which corresponds to company's usual 40% payout on adjusted net income. This dividend would be paid on May 27 subject to shareholders approval. Company also intend to resume the payment of an interim dividend. The next one will be EUR 0.30 per share or 30% of the 2020 dividend. If approved, this payment would take place in September. This means that, in terms of cash, the total amount of dividend company would pay in 2021 would be EUR 0.57 per share, more or less the same as what company paid in 2019.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS €0.34 (vs €1.02 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.73b (down 3.9% from FY 2019). Net income: €53.8m (down 66% from FY 2019). Profit margin: 0.8% (down from 2.3% 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 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Mar 13Revenue misses expectationsRevenue missed analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 3.5%, compared to a 11% growth forecast for the Commercial Services industry in Germany.
Is New 90 Day High Low • Mar 11New 90-day high: €19.44The company is up 19% from its price of €16.38 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.59 per share.
お知らせ • Feb 05SPIE SA (ENXTPA:SPIE) acquired ENERGOTEST sp. z o. o.SPIE SA (ENXTPA:SPIE) acquired ENERGOTEST sp. z o. o. on February 4, 2021. SPIE SA (ENXTPA:SPIE) completed the acquisition of ENERGOTEST sp. z o. o. on February 4, 2021.
Is New 90 Day High Low • Feb 04New 90-day high: €18.72The company is up 26% from its price of €14.83 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.46 per share.
Is New 90 Day High Low • Jan 07New 90-day high: €18.12The company is up 12% from its price of €16.24 on 09 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 Commercial Services industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.01 per share.
お知らせ • Dec 23SPIE SA (ENXTPA:SPIE) acquired Planen Bauen.SPIE SA (ENXTPA:SPIE) acquired Planen Bauen on December 21, 2020. In 2019, Planen Bauen generated revenue of approximately €10 million. SPIE SA (ENXTPA:SPIE) completed the acquisition of Planen Bauen on December 21, 2020.
Is New 90 Day High Low • Dec 19New 90-day high: €17.48The company is up 14% from its price of €15.28 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.87 per share.
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 19% share price gain to €16.89, the stock is trading at a trailing P/E ratio of 39x, up from the previous P/E ratio of 32.7x. This compares to an average P/E of 17x in the Commercial Services industry in Europe. Total return to shareholders over the past three years is a loss of 18%.
Is New 90 Day High Low • Oct 29New 90-day low: €13.11The company is down 7.0% from its price of €14.15 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.15 per share.
お知らせ • Oct 08+ 2 more updatesSPIE SA to Report Q1, 2021 Results on Apr 29, 2021SPIE SA announced that they will report Q1, 2021 results at 9:00 AM, Romance Standard Time on Apr 29, 2021
