Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Anders Meyer was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Apr 29
Cedergrenska AB (publ) (OM:CEDER) agreed to acquire Skärgårdsgymnasiet. Cedergrenska AB (publ) (OM:CEDER) agreed to acquire Skärgårdsgymnasiet on April 28, 2025.
The expected completion of the transaction is July 1, 2025. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €2.14, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 22x in the Consumer Services industry in Europe. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €2.58, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 23x in the Consumer Services industry in Europe. Total loss to shareholders of 27% over the past three years. Reported Earnings • Aug 30
Full year 2024 earnings released: EPS: kr0.57 (vs kr0.60 loss in FY 2023) Full year 2024 results: EPS: kr0.57 (up from kr0.60 loss in FY 2023). Revenue: kr907.9m (up 11% from FY 2023). Net income: kr6.57m (up kr13.6m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. お知らせ • Aug 30
Cedergrenska AB (publ), Annual General Meeting, Dec 05, 2025 Cedergrenska AB (publ), Annual General Meeting, Dec 05, 2025. Reported Earnings • May 28
Third quarter 2024 earnings released: EPS: kr0.56 (vs kr0.01 loss in 3Q 2023) Third quarter 2024 results: EPS: kr0.56 (up from kr0.01 loss in 3Q 2023). Revenue: kr229.6m (up 10% from 3Q 2023). Net income: kr6.51m (up kr6.63m from 3Q 2023). Profit margin: 2.8% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. お知らせ • May 26
Cedergrenska AB (publ), Annual General Meeting, Dec 05, 2024 Cedergrenska AB (publ), Annual General Meeting, Dec 05, 2024. Reported Earnings • Feb 23
Second quarter 2024 earnings released: EPS: kr0.014 (vs kr0.06 in 2Q 2023) Second quarter 2024 results: EPS: kr0.014 (down from kr0.06 in 2Q 2023). Revenue: kr237.9m (up 16% from 2Q 2023). Net income: kr164.0k (down 77% from 2Q 2023). Profit margin: 0.1% (down from 0.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Nov 24
First quarter 2024 earnings released: kr0.53 loss per share (vs kr0.31 loss in 1Q 2023) First quarter 2024 results: kr0.53 loss per share (further deteriorated from kr0.31 loss in 1Q 2023). Revenue: kr212.0m (up 8.0% from 1Q 2023). Net loss: kr6.16m (loss widened 74% from 1Q 2023). New Risk • Sep 29
New major risk - Revenue and earnings growth Earnings have declined by 42% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (€11.7m market cap, or US$12.3m). Reported Earnings • Sep 03
Full year 2023 earnings released: kr0.60 loss per share (vs kr0.19 profit in FY 2022) Full year 2023 results: kr0.60 loss per share (down from kr0.19 profit in FY 2022). Revenue: kr878.7m (up 20% from FY 2022). Net loss: kr6.99m (down 410% from profit in FY 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Services industry in Europe. Reported Earnings • May 28
Third quarter 2023 earnings released: kr0.01 loss per share (vs kr0.48 profit in 3Q 2022) Third quarter 2023 results: kr0.01 loss per share (down from kr0.48 profit in 3Q 2022). Revenue: kr222.8m (up 16% from 3Q 2022). Net loss: kr120.0k (down 102% from profit in 3Q 2022). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Services industry in Europe. Board Change • May 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Madeleine Silverberg was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 26
Second quarter 2023 earnings released: EPS: kr0.06 (vs kr0.092 in 2Q 2022) Second quarter 2023 results: EPS: kr0.06 (down from kr0.092 in 2Q 2022). Revenue: kr223.4m (up 28% from 2Q 2022). Net income: kr697.0k (down 35% from 2Q 2022). Profit margin: 0.3% (down from 0.6% in 2Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Services industry in Europe. Board Change • Feb 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Madeleine Silverberg was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 26
First quarter 2023 earnings released: kr0.31 loss per share (vs kr0.46 profit in 1Q 2022) First quarter 2023 results: kr0.31 loss per share (down from kr0.46 profit in 1Q 2022). Revenue: kr207.9m (up 23% from 1Q 2022). Net loss: kr3.54m (down 178% from profit in 1Q 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Services industry in Europe. Board Change • Nov 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Chairman of the Board Christian Drougge is the most experienced director on the board, commencing their role in 2015. Independent Director Madeleine Silverberg was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Sep 22
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Chairman of the Board Christian Drougge is the most experienced director on the board, commencing their role in 2015. Independent Director Madeleine Silverberg was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • May 23
Third quarter 2022 earnings released: EPS: kr0.48 (vs kr0.96 in 3Q 2021) Third quarter 2022 results: EPS: kr0.48 (down from kr0.96 in 3Q 2021). Revenue: kr206.3m (up 37% from 3Q 2021). Net income: kr5.57m (down 36% from 3Q 2021). Profit margin: 2.7% (down from 5.8% in 3Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 44% growth forecast for the industry in Germany. Reported Earnings • Mar 02
Second quarter 2022 earnings: Revenues miss analyst expectations Second quarter 2022 results: Revenue: kr186.9m (flat on 2Q 2021). Net income: kr1.07m (up kr1.07m from 2Q 2021). Profit margin: 0.6% (up from null in 2Q 2021). Revenue missed analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 23%, compared to a 24% growth forecast for the industry in Germany. お知らせ • Jan 14
Cedergrenska AB (publ) (OM:CEDER) entered into a share transfer agreement to acquire VÄXjö Fria Gymnasium Ab for SEK 45 million. Cedergrenska AB (publ) (OM:CEDER) entered into a share transfer agreement to acquire VÄXjö Fria Gymnasium Ab for SEK 45 million on January 13, 2022.