View Financial HealthBEWI 配当と自社株買い配当金 基準チェック /06BEWI現在配当金を支払っていません。主要情報0%配当利回り-17.8%バイバック利回り総株主利回り-17.8%将来の配当利回り1.7%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新お知らせ • Jun 02+ 1 more updateBEWi ASA Approves to Distribute Dividends of 2022BEWi ASA approved to resolve the distribution of a dividend of NOK 0.6 per share on the basis of the group's net income for 2022.お知らせ • Feb 16BEWI Proposes to Pay DividendThe board of directors of BEWI proposes to the general meeting to pay a dividend of NOK 0.60 per share, in line with the company's dividend policy of 30% to 50% of net profit. The dividends are proposed to be distributed following a sale of the company's real estate portfolio.お知らせ • Nov 09Bewi Asa Authorises Dividend Distribution for the Financial Year of 2021, Payable on or About 18 November 2022BEWI ASA authorised to resolve a dividend distribution of NOK 1.10 per share for the financial year of 2021. Ex-date is 9 November 2022, Record date is 10 November 2022, Payment date is On or about 18 November 2022.Upcoming Dividend • May 27Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (5.1%).お知らせ • Feb 24BEWi ASA Proposes Dividend for the Financial Year of 2021BEWi ASA proposed to the general meeting to pay a dividend of NOK 1.10 per share for the financial year of 2021. The proposal is line with the company’s dividend policy to pay out 30 to 50% of net profit.すべての更新を表示Recent updatesお知らせ • Dec 24BEWI ASA Appoints Christian Begby as Director, Effective December 22, 2025BEWI ASA held an extraordinary general meeting on December 22, 2025. The meeting elected Christian Begby as new director of the board of directors.お知らせ • Dec 12BEWI ASA, Annual General Meeting, May 28, 2026BEWI ASA, Annual General Meeting, May 28, 2026.お知らせ • Dec 11+ 4 more updatesBEWI ASA to Report Q3, 2026 Results on Nov 04, 2026BEWI ASA announced that they will report Q3, 2026 results at 7:00 AM, Central European Standard Time on Nov 04, 2026お知らせ • Aug 22+ 1 more updateBEWI ASA has completed a Follow-on Equity Offering in the amount of NOK 896 million.BEWI ASA has completed a Follow-on Equity Offering in the amount of NOK 896 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,344,458 Price\Range: NOK 20 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,455,542 Price\Range: NOK 20 Transaction Features: Subsequent Direct Listingお知らせ • Dec 17BEWi ASA, Annual General Meeting, May 21, 2025BEWi ASA, Annual General Meeting, May 21, 2025.お知らせ • Dec 16+ 4 more updatesBEWi ASA to Report Q3, 2025 Results on Nov 12, 2025BEWi ASA announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Nov 12, 2025Recent Insider Transactions • Nov 17Director recently bought €1.2m worth of stockOn the 14th of November, Andreas Akselsen bought around 600k shares on-market at roughly €1.94 per share. This transaction increased Andreas' direct individual holding by 67x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Nov 08Third quarter 2024 earnings released: €0.043 loss per share (vs €0.045 loss in 3Q 2023)Third quarter 2024 results: €0.043 loss per share (improved from €0.045 loss in 3Q 2023). Revenue: €252.1m (down 5.4% from 3Q 2023). Net loss: €8.30m (loss narrowed 4.6% from 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Sep 03Director recently bought €718k worth of stockOn the 30th of August, Andreas Akselsen bought around 300k shares on-market at roughly €2.39 per share. This transaction increased Andreas' direct individual holding by 33x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €754k more in shares than they have sold in the last 12 months.Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: €0.002 (vs €0.009 in 2Q 2023)Second quarter 2024 results: EPS: €0.002 (down from €0.009 in 2Q 2023). Revenue: €284.8m (down 1.7% from 2Q 2023). Net income: €300.0k (down 82% from 2Q 2023). Profit margin: 0.1% (down from 0.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Jun 06BEWi ASA Approves the Appointment of Members of Nomination CommitteeBEWi ASA at its annual general meeting held on June 4, 2024, approved the appointment of members of the Company's nomination committee for the period up to the annual general meeting in 2026: André Michaelsen, chair; Rune Juliussen, member; Marianne Bekken, member and Svein Jensen, member.Reported Earnings • May 19First quarter 2024 earnings released: €0.047 loss per share (vs €0.007 loss in 1Q 2023)First quarter 2024 results: €0.047 loss per share (further deteriorated from €0.007 loss in 1Q 2023). Revenue: €244.0m (down 18% from 1Q 2023). Net loss: €9.10m (loss widened €7.70m from 1Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 21Full year 2023 earnings released: €0.094 loss per share (vs €0.21 profit in FY 2022)Full year 2023 results: €0.094 loss per share (down from €0.21 profit in FY 2022). Revenue: €1.11b (up 5.2% from FY 2022). Net loss: €18.0m (down 152% from profit in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 16Full year 2023 earnings released: €0.094 loss per share (vs €0.21 profit in FY 2022)Full year 2023 results: €0.094 loss per share (down from €0.21 profit in FY 2022). Revenue: €1.11b (up 5.4% from FY 2022). Net loss: €18.0m (down 152% from profit in FY 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany.お知らせ • Dec 22Bewi Announces Launch of New Production Line for Recycling Raw MaterialBEWI announced the opening of its new production line for expanded polystyrene (EPS) at the company's raw material facility in Etten-Leur in the Netherlands. The new production line, including a extruder, significantly strengthens BEWI's capacity for use of recycled materials, and thereby also the company's commitment to a circular economy. BEWI's new production line has an annual capacity of up to 25,000 tonnes of EPS, and the company intends to double the capacity by 2030. The new line can produce both grey and white EPS, using either virgin or recycled feedstock - or a combination. Grey EPS has approximately 20 per cent better insulation value than white EPS, meaning that a certain insulation value can be achieved by thinner boards. Increasing resource efficiency and circularity for EPS. BEWI's new production line, is handling a material essential in a variety of applications. EPS's role in modern industry is expansive, offering critical solutions for safe packaging, energy-efficient building insulation, and even in the production of durable goods such as car parts and bicycle helmets.お知らせ • Dec 20+ 5 more updatesBEWi ASA to Report Q3, 2024 Results on Nov 06, 2024BEWi ASA announced that they will report Q3, 2024 results at 7:00 AM, Central European Standard Time on Nov 06, 2024お知らせ • Dec 05An undisclosed buyer acquired 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI).An undisclosed buyer acquired 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI) on December 4, 2023. The deal value is settled in cash. Following the sale, BEWI does not own any shares in KMC Properties ASA.An undisclosed buyer completed the acquisition of 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI) on December 4, 2023.Reported Earnings • Nov 08Third quarter 2023 earnings released: €0.045 loss per share (vs €0.063 profit in 3Q 2022)Third quarter 2023 results: €0.045 loss per share (down from €0.063 profit in 3Q 2022). Revenue: €266.6m (flat on 3Q 2022). Net loss: €8.70m (down 187% from profit in 3Q 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany.New Risk • Nov 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Cash payout ratio: 141% Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).New Risk • Aug 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Cash payout ratio: 141% Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Shareholders have been diluted in the past year (22% increase in shares outstanding).New Risk • Aug 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 66% 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: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Cash payout ratio: 141% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Shareholders have been diluted in the past year (22% increase in shares outstanding).Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: €0.009 (vs €0.16 in 2Q 2022)Second quarter 2023 results: EPS: €0.009 (down from €0.16 in 2Q 2022). Revenue: €289.6m (up 4.5% from 2Q 2022). Net income: €1.70m (down 93% from 2Q 2022). Profit margin: 0.6% (down from 8.9% in 2Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Chemicals industry in Germany.お知らせ • Jun 02+ 1 more updateBEWi ASA Approves to Distribute Dividends of 2022BEWi ASA approved to resolve the distribution of a dividend of NOK 0.6 per share on the basis of the group's net income for 2022.Reported Earnings • Apr 27Full year 2022 earnings released: EPS: €0.21 (vs €0.23 in FY 2021)Full year 2022 results: EPS: €0.21 (down from €0.23 in FY 2021). Revenue: €1.05b (up 40% from FY 2021). Net income: €34.4m (down 3.6% from FY 2021). Profit margin: 3.3% (down from 4.8% in FY 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany.Reported Earnings • Feb 17Full year 2022 earnings released: EPS: €0.21 (vs €0.23 in FY 2021)Full year 2022 results: EPS: €0.21 (down from €0.23 in FY 2021). Revenue: €1.05b (up 40% from FY 2021). Net income: €34.4m (down 3.6% from FY 2021). Profit margin: 3.3% (down from 4.8% in FY 2021). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Chemicals industry in Germany.お知らせ • Feb 16BEWI Proposes to Pay DividendThe board of directors of BEWI proposes to the general meeting to pay a dividend of NOK 0.60 per share, in line with the company's dividend policy of 30% to 50% of net profit. The dividends are proposed to be distributed following a sale of the company's real estate portfolio.お知らせ • Dec 30+ 4 more updatesBEWi ASA to Report Q4, 2023 Results on Feb 15, 2024BEWi ASA announced that they will report Q4, 2023 results at 7:00 AM, Central European Standard Time on Feb 15, 2024Buying Opportunity • Dec 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €5.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.お知らせ • Dec 07BEWi ASA (OB:BEWI) acquired remaining 66% stake in Inoplast s.r.o.BEWi ASA (OB:BEWI) acquired remaining 66% stake in Inoplast s.r.o on December 1, 2022. Inoplast s.r.o. had annual revenues of approximately €6 million in 2021. BEWi ASA (OB:BEWI) completed the acquisition of remaining 66% stake in Inoplast s.r.o on December 1, 2022.お知らせ • Nov 29BEWi ASA entered into an agreement to acquire 80% stake in Aislamientos y Envases S.L. BEWi ASA entered into an agreement to acquire 80% stake in Aislamientos y Envases S.L. on November 28, 2022. The consideration will be settled in cash upon closing. The transaction is conditional upon customary conditions. Aislenvas had revenues of approximately €16 million and an EBITDA of €3.5 million for 2021. The transaction is expected to close in fourth quarter of 2022.Buying Opportunity • Nov 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €5.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 15% in the next 2 years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Maria Schauman was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €0.065 (vs €0.082 in 3Q 2021)Third quarter 2022 results: EPS: €0.065 (down from €0.082 in 3Q 2021). Revenue: €267.5m (up 39% from 3Q 2021). Net income: €10.3m (down 20% from 3Q 2021). Profit margin: 3.9% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat.Buying Opportunity • Nov 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €5.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 30% in the next 2 years.お知らせ • Nov 09Bewi Asa Authorises Dividend Distribution for the Financial Year of 2021, Payable on or About 18 November 2022BEWI ASA authorised to resolve a dividend distribution of NOK 1.10 per share for the financial year of 2021. Ex-date is 9 November 2022, Record date is 10 November 2022, Payment date is On or about 18 November 2022.お知らせ • Oct 20BEWi ASA (OB:BEWI) acquired Jackon Holding AS from Haas AS and others for an enterprise value of NOK 3.6 billion.BEWi ASA (OB:BEWI) acquired Jackon Holding AS from Haas AS and others for an enterprise value of NOK 3.6 billion on October 19, 2022. On October 15, 2021, agreement had been signed. As per the terms, consideration will be payable in cash and stock. The cash consideration was financed through cash sources available to BEWI. In 2020, Jackon Holding AS had revenues of NOK 3,150 million and an EBITDA of NOK 362 million. The transaction is subject to shareholders representing at least 50% of the shares in Jackon accepting the offer, satisfactory of due diligence, resolution of the BEWI general meeting to issue the consideration shares, Jackon’s board of directors approval, customary closing conditions, the right of first refusal and regulatory approvals. As of October 3, 2021, HAAS AS represent 50% in Jackon Holding has accepted the offer. HAAS AS has chosen to receive its consideration in the form of new BEWI shares. As of October 15, 2021, BEWI has received acceptances of the offer from shareholders holding the remaining 50% of the shares in Jackon. As of June 30, 2022, The Norwegian Competition Authority has approved the transaction. On July 1, 2022, Finland competition authority has approved the transaction. The transaction is expected to be completed during the first half of 2022. As of October 12, 2022, The transaction has received final approvals from all relevant competition authorities. As partial consideration in the Jackon Transaction, the Company’s board of directors has today resolved to increase the Company’s share capital with NOK 32,070,000 by the issuance of 32,070,000 new shares in the Company to HAAS AS, each with a nominal value of NOK 1, at a subscription price of NOK 45.9925 per share. The share capital increase was resolved pursuant to an authorization to increase the Company’s share capital granted by the extraordinary general meeting on 16 February 2022. As a consequence, thereof all conditions for finalising the acquisition of Jackon is now fulfilled. Carnegie AS acted as financial advisor to BEWi ASA. Advokatfirmaet Thommessen AS acted as legal advisor to BEWi ASA. Cirio Advokatbyrå Ab acted as legal advisor to BEWi ASA. BEWi ASA (OB:BEWI) completed acquisition of Jackon Holding AS from Haas AS and others on October 19, 2022.お知らせ • Sep 01BEWi ASA (OB:BEWI) completed the acquisition of Baltijos polistirenas, UAB for €28.8 million.BEWi ASA (OB:BEWI) entered into an agreement to acquire Baltijos polistirenas, UAB on July 1, 2022. In year 2021, Baltijos polistirenas reported revenues of approximately €31.0 million and an EBITDA of approximately €4.3 million. The agreed consideration is in line with BEWI's historical M&As, i.e., with an EV/ EBITDA multiple in the range of 5 to 7, whereas 50% will be settled in cash and 50% through issuance of consideration shares in BEWI ASA. The closing of the acquisition is conditional upon customary conditions and is expected in the third quarter of 2022. BEWi ASA (OB:BEWI) completed the acquisition of Baltijos polistirenas, UAB for €28.8 million on August 31, 2022. As per the terms of consideration, 50% has been paid in cash and 50% has been settled by the issuance of 2,238,188 consideration shares in BEWI at a share price of NOK 64.64 per share.Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: €0.16 (vs €0.095 in 2Q 2021)Second quarter 2022 results: EPS: €0.16 (up from €0.095 in 2Q 2021). Revenue: €277.0m (up 40% from 2Q 2021). Net income: €24.6m (up 71% from 2Q 2021). Profit margin: 8.9% (up from 7.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 2.9% growth forecast for the industry in Germany.お知らせ • Jul 03BEWi ASA (OB:BEWI) entered into an agreement to acquire Baltijos polistirenas, UAB.BEWi ASA (OB:BEWI) entered into an agreement to acquire Baltijos polistirenas, UAB on July 1, 2022. In year 2021, Baltijos polistirenas reported revenues of approximately EUR 31.0 million and an EBITDA of approximately EUR 4.3 million. The agreed consideration is in line with BEWI's historical M&As, i.e., with an EV/ EBITDA multiple in the range of 5 to 7, whereas 50% will be settled in cash and 50% through issuance of consideration shares in BEWI ASA. The closing of the acquisition is conditional upon customary conditions and is expected in the third quarter of 2022.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €5.57, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 9x in the Chemicals industry in Germany. Total returns to shareholders of 121% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €9.43 per share.お知らせ • Jun 11BEWi ASA (OB:BEWI) acquired Berga Recycling Inc.BEWi ASA (OB:BEWI) acquired Berga Recycling Inc. on June 10, 2022. The consideration for 100 percent of the shares of Berga Recycling Inc. will be settled in cash. The consideration is just above BEWI's historical M&A range of an EV/ EBITDA multiple of 5 to 7. For 2021, Berga had sales revenues of approximately CAD 43 million, with an EBITDA margin of approximately 10 percent. The company has shown a sustained profitable growth of more than 20 per cent the last three years. BEWi ASA (OB:BEWI) completed the acquisition of Berga Recycling Inc. on June 10, 2022.Upcoming Dividend • May 27Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (5.1%).お知らせ • May 26BEWi ASA (OB:BEWI) acquired remaining 49% stake in Bewi Cellpack A/S from Thomas J. Bladt on May 25, 2022.BEWi ASA (OB:BEWI) acquired remaining 49% stake in Bewi Cellpack A/S from Thomas J. Bladt on May 25, 2022. Thomas J. Bladt will continue as managing director. BEWi ASA (OB:BEWI) completed the acquisition of remaining 49% stake in Bewi Cellpack A/S from Thomas J. Bladt on May 25, 2022.お知らせ • May 20BEWi ASA (OB: BEWI) acquired an additional 51% stake in Jablite Ltd. for £10 million.BEWi ASA (OB: BEWI) acquired an additional 51% stake in Jablite Ltd for £10 million on May 18, 2022. Jablite Group has an annual turnover of approximately £40 million. BEWi ASA (OB:BEWI) completed the acquisition of an additional 51% stake in Jablite Ltd on May 18, 2022.お知らせ • May 19BEWi ASA (OB:BEWI) acquired remaining 51% stake in Jablite Group for approximately £10 million.BEWi ASA (OB:BEWI) acquired remaining 51% stake in Jablite Group for approximately £10 million on May 18, 2022. The current management of Jablite, including managing director Richard Lee and finance director John Cooper will continue in their roles going forward. Rik Dobbelaere, previous CEO of Synbra Holding and BEWiSynbra Group, and director of the board of BEWI ASA, has been director of the board of Jablite since BEWI's acquisition of the 49 per cent stake in 2020. The annual turnover of Jablite Group was approximately £40 million. BEWi ASA (OB:BEWI) completed the acquisition of remaining 51% stake in Jablite Group on May 18, 2022.Reported Earnings • Apr 29Full year 2021 earnings released: EPS: €0.23 (vs €0.21 in FY 2020)Full year 2021 results: EPS: €0.23 (up from €0.21 in FY 2020). Revenue: €748.2m (up 62% from FY 2020). Net income: €35.7m (up 19% from FY 2020). Profit margin: 4.8% (down from 6.5% in FY 2020). Over the next year, revenue is forecast to grow 35%, compared to a 10% growth forecast for the industry in Germany.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Maria Schauman was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Mar 09Chief Operating Officer recently sold €311k worth of stockOn the 2nd of March, Jonas Siljeskar sold around 50k shares on-market at roughly €6.22 per share. This was the largest sale by an insider in the last 3 months. Jonas has been a seller over the last 12 months, reducing personal holdings by €238k.Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.23 (up from €0.21 in FY 2020). Revenue: €748.2m (up 62% from FY 2020). Net income: €35.7m (up 19% from FY 2020). Profit margin: 4.8% (down from 6.5% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 51%, compared to a 6.7% growth forecast for the industry in Germany.Buying Opportunity • Feb 25Now 25% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €8.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% per annum over the last 3 years. Earnings per share has grown by 76% per annum over the last 3 years.お知らせ • Feb 24BEWi ASA Proposes Dividend for the Financial Year of 2021BEWi ASA proposed to the general meeting to pay a dividend of NOK 1.10 per share for the financial year of 2021. The proposal is line with the company’s dividend policy to pay out 30 to 50% of net profit.お知らせ • Feb 17+ 1 more updateBEWi ASA Approves Board and Committee AppointmentsBEWi ASA approved the election of Liv Malvik as chair of the nomination committee and Roor Husby as members of the nomination committee for the period until the annual general meeting of 2024, at its EGM held on Feb. 16, 2022.Buying Opportunity • Jan 20Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €8.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. Earnings per share has grown by 86% per annum over the last 3 years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to €6.90, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 10x in the Chemicals industry in Germany.お知らせ • Nov 25BEWi ASA (OB:BEWI) completed the acquisition of Kemisol Group from a family.BEWi ASA (OB:BEWI) agreed to acquire Kemisol Group from a family on October 29, 2021. BEWI will pay the consideration for the shares in cash through available sources. Kemisol reported revenue of €24.7 million and EBIDTA of €4.5 million as of December 31, 2020. Closing of the acquisition is conditional upon customary conditions specified in agreement and is expected in November 2021. Kemisol’s financials will be consolidated into BEWI’s accounts from 1 December 2021. BEWi ASA (OB:BEWI) completed the acquisition of Kemisol Group from a family on November 24, 2021.Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS €0.082 (vs €0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €193.0m (up 58% from 3Q 2020). Net income: €12.8m (up 125% from 3Q 2020). Profit margin: 6.6% (up from 4.7% in 3Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to €6.36, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Chemicals industry in Germany.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to €4.54, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Chemicals industry in Germany.Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to €3.23, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in Germany.Recent Insider Transactions • Aug 14Chief Operating Officer recently bought €72k worth of stockOn the 12th of August, Jonas Siljeskar bought around 24k shares on-market at roughly €2.97 per share. This was the largest purchase by an insider in the last 3 months. This was Jonas' only on-market trade for the last 12 months.Reported Earnings • Aug 12Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: €198.1m (up 92% from 2Q 2020). Net income: €14.4m (up 71% from 2Q 2020). Profit margin: 7.3% (down from 8.2% in 2Q 2020).Reported Earnings • May 22First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: €148.9m (up 45% from 1Q 2020). Net loss: €1.10m (down 148% from profit in 1Q 2020).Reported Earnings • Apr 24Full year 2020 earnings released: EPS €0.21 (vs €0.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €462.6m (up 7.6% from FY 2019). Net income: €30.1m (up 438% from FY 2019). Profit margin: 6.5% (up from 1.3% in FY 2019).決済の安定と成長配当データの取得安定した配当: 5T0の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 5T0の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場BEWI 配当利回り対市場5T0 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (5T0)0%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Chemicals)3.7%アナリスト予想 (5T0) (最長3年)1.7%注目すべき配当: 5T0は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 5T0は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 5T0 German市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 5T0が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management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2026/05/25 21:01終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋BEWI ASA 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Niclas GehinDNB CarnegieHerman DahlNordea MarketsJoachim HusePareto Securities2 その他のアナリストを表示
お知らせ • Jun 02+ 1 more updateBEWi ASA Approves to Distribute Dividends of 2022BEWi ASA approved to resolve the distribution of a dividend of NOK 0.6 per share on the basis of the group's net income for 2022.
お知らせ • Feb 16BEWI Proposes to Pay DividendThe board of directors of BEWI proposes to the general meeting to pay a dividend of NOK 0.60 per share, in line with the company's dividend policy of 30% to 50% of net profit. The dividends are proposed to be distributed following a sale of the company's real estate portfolio.
お知らせ • Nov 09Bewi Asa Authorises Dividend Distribution for the Financial Year of 2021, Payable on or About 18 November 2022BEWI ASA authorised to resolve a dividend distribution of NOK 1.10 per share for the financial year of 2021. Ex-date is 9 November 2022, Record date is 10 November 2022, Payment date is On or about 18 November 2022.
Upcoming Dividend • May 27Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (5.1%).
お知らせ • Feb 24BEWi ASA Proposes Dividend for the Financial Year of 2021BEWi ASA proposed to the general meeting to pay a dividend of NOK 1.10 per share for the financial year of 2021. The proposal is line with the company’s dividend policy to pay out 30 to 50% of net profit.
お知らせ • Dec 24BEWI ASA Appoints Christian Begby as Director, Effective December 22, 2025BEWI ASA held an extraordinary general meeting on December 22, 2025. The meeting elected Christian Begby as new director of the board of directors.
お知らせ • Dec 12BEWI ASA, Annual General Meeting, May 28, 2026BEWI ASA, Annual General Meeting, May 28, 2026.
お知らせ • Dec 11+ 4 more updatesBEWI ASA to Report Q3, 2026 Results on Nov 04, 2026BEWI ASA announced that they will report Q3, 2026 results at 7:00 AM, Central European Standard Time on Nov 04, 2026
お知らせ • Aug 22+ 1 more updateBEWI ASA has completed a Follow-on Equity Offering in the amount of NOK 896 million.BEWI ASA has completed a Follow-on Equity Offering in the amount of NOK 896 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,344,458 Price\Range: NOK 20 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 6,455,542 Price\Range: NOK 20 Transaction Features: Subsequent Direct Listing
お知らせ • Dec 17BEWi ASA, Annual General Meeting, May 21, 2025BEWi ASA, Annual General Meeting, May 21, 2025.
お知らせ • Dec 16+ 4 more updatesBEWi ASA to Report Q3, 2025 Results on Nov 12, 2025BEWi ASA announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Nov 12, 2025
Recent Insider Transactions • Nov 17Director recently bought €1.2m worth of stockOn the 14th of November, Andreas Akselsen bought around 600k shares on-market at roughly €1.94 per share. This transaction increased Andreas' direct individual holding by 67x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Nov 08Third quarter 2024 earnings released: €0.043 loss per share (vs €0.045 loss in 3Q 2023)Third quarter 2024 results: €0.043 loss per share (improved from €0.045 loss in 3Q 2023). Revenue: €252.1m (down 5.4% from 3Q 2023). Net loss: €8.30m (loss narrowed 4.6% from 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Sep 03Director recently bought €718k worth of stockOn the 30th of August, Andreas Akselsen bought around 300k shares on-market at roughly €2.39 per share. This transaction increased Andreas' direct individual holding by 33x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €754k more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: €0.002 (vs €0.009 in 2Q 2023)Second quarter 2024 results: EPS: €0.002 (down from €0.009 in 2Q 2023). Revenue: €284.8m (down 1.7% from 2Q 2023). Net income: €300.0k (down 82% from 2Q 2023). Profit margin: 0.1% (down from 0.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 06BEWi ASA Approves the Appointment of Members of Nomination CommitteeBEWi ASA at its annual general meeting held on June 4, 2024, approved the appointment of members of the Company's nomination committee for the period up to the annual general meeting in 2026: André Michaelsen, chair; Rune Juliussen, member; Marianne Bekken, member and Svein Jensen, member.
Reported Earnings • May 19First quarter 2024 earnings released: €0.047 loss per share (vs €0.007 loss in 1Q 2023)First quarter 2024 results: €0.047 loss per share (further deteriorated from €0.007 loss in 1Q 2023). Revenue: €244.0m (down 18% from 1Q 2023). Net loss: €9.10m (loss widened €7.70m from 1Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 21Full year 2023 earnings released: €0.094 loss per share (vs €0.21 profit in FY 2022)Full year 2023 results: €0.094 loss per share (down from €0.21 profit in FY 2022). Revenue: €1.11b (up 5.2% from FY 2022). Net loss: €18.0m (down 152% from profit in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 16Full year 2023 earnings released: €0.094 loss per share (vs €0.21 profit in FY 2022)Full year 2023 results: €0.094 loss per share (down from €0.21 profit in FY 2022). Revenue: €1.11b (up 5.4% from FY 2022). Net loss: €18.0m (down 152% from profit in FY 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany.
お知らせ • Dec 22Bewi Announces Launch of New Production Line for Recycling Raw MaterialBEWI announced the opening of its new production line for expanded polystyrene (EPS) at the company's raw material facility in Etten-Leur in the Netherlands. The new production line, including a extruder, significantly strengthens BEWI's capacity for use of recycled materials, and thereby also the company's commitment to a circular economy. BEWI's new production line has an annual capacity of up to 25,000 tonnes of EPS, and the company intends to double the capacity by 2030. The new line can produce both grey and white EPS, using either virgin or recycled feedstock - or a combination. Grey EPS has approximately 20 per cent better insulation value than white EPS, meaning that a certain insulation value can be achieved by thinner boards. Increasing resource efficiency and circularity for EPS. BEWI's new production line, is handling a material essential in a variety of applications. EPS's role in modern industry is expansive, offering critical solutions for safe packaging, energy-efficient building insulation, and even in the production of durable goods such as car parts and bicycle helmets.
お知らせ • Dec 20+ 5 more updatesBEWi ASA to Report Q3, 2024 Results on Nov 06, 2024BEWi ASA announced that they will report Q3, 2024 results at 7:00 AM, Central European Standard Time on Nov 06, 2024
お知らせ • Dec 05An undisclosed buyer acquired 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI).An undisclosed buyer acquired 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI) on December 4, 2023. The deal value is settled in cash. Following the sale, BEWI does not own any shares in KMC Properties ASA.An undisclosed buyer completed the acquisition of 8.4% stake in KMC Properties ASA (OB:KMCP) from BEWi ASA (OB:BEWI) on December 4, 2023.
Reported Earnings • Nov 08Third quarter 2023 earnings released: €0.045 loss per share (vs €0.063 profit in 3Q 2022)Third quarter 2023 results: €0.045 loss per share (down from €0.063 profit in 3Q 2022). Revenue: €266.6m (flat on 3Q 2022). Net loss: €8.70m (down 187% from profit in 3Q 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany.
New Risk • Nov 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Cash payout ratio: 141% Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).
New Risk • Aug 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Cash payout ratio: 141% Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Shareholders have been diluted in the past year (22% increase in shares outstanding).
New Risk • Aug 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 66% 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: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Cash payout ratio: 141% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Shareholders have been diluted in the past year (22% increase in shares outstanding).
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: €0.009 (vs €0.16 in 2Q 2022)Second quarter 2023 results: EPS: €0.009 (down from €0.16 in 2Q 2022). Revenue: €289.6m (up 4.5% from 2Q 2022). Net income: €1.70m (down 93% from 2Q 2022). Profit margin: 0.6% (down from 8.9% in 2Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Chemicals industry in Germany.
お知らせ • Jun 02+ 1 more updateBEWi ASA Approves to Distribute Dividends of 2022BEWi ASA approved to resolve the distribution of a dividend of NOK 0.6 per share on the basis of the group's net income for 2022.
Reported Earnings • Apr 27Full year 2022 earnings released: EPS: €0.21 (vs €0.23 in FY 2021)Full year 2022 results: EPS: €0.21 (down from €0.23 in FY 2021). Revenue: €1.05b (up 40% from FY 2021). Net income: €34.4m (down 3.6% from FY 2021). Profit margin: 3.3% (down from 4.8% in FY 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Feb 17Full year 2022 earnings released: EPS: €0.21 (vs €0.23 in FY 2021)Full year 2022 results: EPS: €0.21 (down from €0.23 in FY 2021). Revenue: €1.05b (up 40% from FY 2021). Net income: €34.4m (down 3.6% from FY 2021). Profit margin: 3.3% (down from 4.8% in FY 2021). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Chemicals industry in Germany.
お知らせ • Feb 16BEWI Proposes to Pay DividendThe board of directors of BEWI proposes to the general meeting to pay a dividend of NOK 0.60 per share, in line with the company's dividend policy of 30% to 50% of net profit. The dividends are proposed to be distributed following a sale of the company's real estate portfolio.
お知らせ • Dec 30+ 4 more updatesBEWi ASA to Report Q4, 2023 Results on Feb 15, 2024BEWi ASA announced that they will report Q4, 2023 results at 7:00 AM, Central European Standard Time on Feb 15, 2024
Buying Opportunity • Dec 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €5.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.
お知らせ • Dec 07BEWi ASA (OB:BEWI) acquired remaining 66% stake in Inoplast s.r.o.BEWi ASA (OB:BEWI) acquired remaining 66% stake in Inoplast s.r.o on December 1, 2022. Inoplast s.r.o. had annual revenues of approximately €6 million in 2021. BEWi ASA (OB:BEWI) completed the acquisition of remaining 66% stake in Inoplast s.r.o on December 1, 2022.
お知らせ • Nov 29BEWi ASA entered into an agreement to acquire 80% stake in Aislamientos y Envases S.L. BEWi ASA entered into an agreement to acquire 80% stake in Aislamientos y Envases S.L. on November 28, 2022. The consideration will be settled in cash upon closing. The transaction is conditional upon customary conditions. Aislenvas had revenues of approximately €16 million and an EBITDA of €3.5 million for 2021. The transaction is expected to close in fourth quarter of 2022.
Buying Opportunity • Nov 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €5.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 15% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Maria Schauman was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: €0.065 (vs €0.082 in 3Q 2021)Third quarter 2022 results: EPS: €0.065 (down from €0.082 in 3Q 2021). Revenue: €267.5m (up 39% from 3Q 2021). Net income: €10.3m (down 20% from 3Q 2021). Profit margin: 3.9% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat.
Buying Opportunity • Nov 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €5.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 30% in the next 2 years.
お知らせ • Nov 09Bewi Asa Authorises Dividend Distribution for the Financial Year of 2021, Payable on or About 18 November 2022BEWI ASA authorised to resolve a dividend distribution of NOK 1.10 per share for the financial year of 2021. Ex-date is 9 November 2022, Record date is 10 November 2022, Payment date is On or about 18 November 2022.
お知らせ • Oct 20BEWi ASA (OB:BEWI) acquired Jackon Holding AS from Haas AS and others for an enterprise value of NOK 3.6 billion.BEWi ASA (OB:BEWI) acquired Jackon Holding AS from Haas AS and others for an enterprise value of NOK 3.6 billion on October 19, 2022. On October 15, 2021, agreement had been signed. As per the terms, consideration will be payable in cash and stock. The cash consideration was financed through cash sources available to BEWI. In 2020, Jackon Holding AS had revenues of NOK 3,150 million and an EBITDA of NOK 362 million. The transaction is subject to shareholders representing at least 50% of the shares in Jackon accepting the offer, satisfactory of due diligence, resolution of the BEWI general meeting to issue the consideration shares, Jackon’s board of directors approval, customary closing conditions, the right of first refusal and regulatory approvals. As of October 3, 2021, HAAS AS represent 50% in Jackon Holding has accepted the offer. HAAS AS has chosen to receive its consideration in the form of new BEWI shares. As of October 15, 2021, BEWI has received acceptances of the offer from shareholders holding the remaining 50% of the shares in Jackon. As of June 30, 2022, The Norwegian Competition Authority has approved the transaction. On July 1, 2022, Finland competition authority has approved the transaction. The transaction is expected to be completed during the first half of 2022. As of October 12, 2022, The transaction has received final approvals from all relevant competition authorities. As partial consideration in the Jackon Transaction, the Company’s board of directors has today resolved to increase the Company’s share capital with NOK 32,070,000 by the issuance of 32,070,000 new shares in the Company to HAAS AS, each with a nominal value of NOK 1, at a subscription price of NOK 45.9925 per share. The share capital increase was resolved pursuant to an authorization to increase the Company’s share capital granted by the extraordinary general meeting on 16 February 2022. As a consequence, thereof all conditions for finalising the acquisition of Jackon is now fulfilled. Carnegie AS acted as financial advisor to BEWi ASA. Advokatfirmaet Thommessen AS acted as legal advisor to BEWi ASA. Cirio Advokatbyrå Ab acted as legal advisor to BEWi ASA. BEWi ASA (OB:BEWI) completed acquisition of Jackon Holding AS from Haas AS and others on October 19, 2022.
お知らせ • Sep 01BEWi ASA (OB:BEWI) completed the acquisition of Baltijos polistirenas, UAB for €28.8 million.BEWi ASA (OB:BEWI) entered into an agreement to acquire Baltijos polistirenas, UAB on July 1, 2022. In year 2021, Baltijos polistirenas reported revenues of approximately €31.0 million and an EBITDA of approximately €4.3 million. The agreed consideration is in line with BEWI's historical M&As, i.e., with an EV/ EBITDA multiple in the range of 5 to 7, whereas 50% will be settled in cash and 50% through issuance of consideration shares in BEWI ASA. The closing of the acquisition is conditional upon customary conditions and is expected in the third quarter of 2022. BEWi ASA (OB:BEWI) completed the acquisition of Baltijos polistirenas, UAB for €28.8 million on August 31, 2022. As per the terms of consideration, 50% has been paid in cash and 50% has been settled by the issuance of 2,238,188 consideration shares in BEWI at a share price of NOK 64.64 per share.
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: €0.16 (vs €0.095 in 2Q 2021)Second quarter 2022 results: EPS: €0.16 (up from €0.095 in 2Q 2021). Revenue: €277.0m (up 40% from 2Q 2021). Net income: €24.6m (up 71% from 2Q 2021). Profit margin: 8.9% (up from 7.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 2.9% growth forecast for the industry in Germany.
お知らせ • Jul 03BEWi ASA (OB:BEWI) entered into an agreement to acquire Baltijos polistirenas, UAB.BEWi ASA (OB:BEWI) entered into an agreement to acquire Baltijos polistirenas, UAB on July 1, 2022. In year 2021, Baltijos polistirenas reported revenues of approximately EUR 31.0 million and an EBITDA of approximately EUR 4.3 million. The agreed consideration is in line with BEWI's historical M&As, i.e., with an EV/ EBITDA multiple in the range of 5 to 7, whereas 50% will be settled in cash and 50% through issuance of consideration shares in BEWI ASA. The closing of the acquisition is conditional upon customary conditions and is expected in the third quarter of 2022.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €5.57, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 9x in the Chemicals industry in Germany. Total returns to shareholders of 121% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €9.43 per share.
お知らせ • Jun 11BEWi ASA (OB:BEWI) acquired Berga Recycling Inc.BEWi ASA (OB:BEWI) acquired Berga Recycling Inc. on June 10, 2022. The consideration for 100 percent of the shares of Berga Recycling Inc. will be settled in cash. The consideration is just above BEWI's historical M&A range of an EV/ EBITDA multiple of 5 to 7. For 2021, Berga had sales revenues of approximately CAD 43 million, with an EBITDA margin of approximately 10 percent. The company has shown a sustained profitable growth of more than 20 per cent the last three years. BEWi ASA (OB:BEWI) completed the acquisition of Berga Recycling Inc. on June 10, 2022.
Upcoming Dividend • May 27Upcoming dividend of kr1.10 per shareEligible shareholders must have bought the stock before 03 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (5.1%).
お知らせ • May 26BEWi ASA (OB:BEWI) acquired remaining 49% stake in Bewi Cellpack A/S from Thomas J. Bladt on May 25, 2022.BEWi ASA (OB:BEWI) acquired remaining 49% stake in Bewi Cellpack A/S from Thomas J. Bladt on May 25, 2022. Thomas J. Bladt will continue as managing director. BEWi ASA (OB:BEWI) completed the acquisition of remaining 49% stake in Bewi Cellpack A/S from Thomas J. Bladt on May 25, 2022.
お知らせ • May 20BEWi ASA (OB: BEWI) acquired an additional 51% stake in Jablite Ltd. for £10 million.BEWi ASA (OB: BEWI) acquired an additional 51% stake in Jablite Ltd for £10 million on May 18, 2022. Jablite Group has an annual turnover of approximately £40 million. BEWi ASA (OB:BEWI) completed the acquisition of an additional 51% stake in Jablite Ltd on May 18, 2022.
お知らせ • May 19BEWi ASA (OB:BEWI) acquired remaining 51% stake in Jablite Group for approximately £10 million.BEWi ASA (OB:BEWI) acquired remaining 51% stake in Jablite Group for approximately £10 million on May 18, 2022. The current management of Jablite, including managing director Richard Lee and finance director John Cooper will continue in their roles going forward. Rik Dobbelaere, previous CEO of Synbra Holding and BEWiSynbra Group, and director of the board of BEWI ASA, has been director of the board of Jablite since BEWI's acquisition of the 49 per cent stake in 2020. The annual turnover of Jablite Group was approximately £40 million. BEWi ASA (OB:BEWI) completed the acquisition of remaining 51% stake in Jablite Group on May 18, 2022.
Reported Earnings • Apr 29Full year 2021 earnings released: EPS: €0.23 (vs €0.21 in FY 2020)Full year 2021 results: EPS: €0.23 (up from €0.21 in FY 2020). Revenue: €748.2m (up 62% from FY 2020). Net income: €35.7m (up 19% from FY 2020). Profit margin: 4.8% (down from 6.5% in FY 2020). Over the next year, revenue is forecast to grow 35%, compared to a 10% growth forecast for the industry in Germany.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Maria Schauman was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Mar 09Chief Operating Officer recently sold €311k worth of stockOn the 2nd of March, Jonas Siljeskar sold around 50k shares on-market at roughly €6.22 per share. This was the largest sale by an insider in the last 3 months. Jonas has been a seller over the last 12 months, reducing personal holdings by €238k.
Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.23 (up from €0.21 in FY 2020). Revenue: €748.2m (up 62% from FY 2020). Net income: €35.7m (up 19% from FY 2020). Profit margin: 4.8% (down from 6.5% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 51%, compared to a 6.7% growth forecast for the industry in Germany.
Buying Opportunity • Feb 25Now 25% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €8.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% per annum over the last 3 years. Earnings per share has grown by 76% per annum over the last 3 years.
お知らせ • Feb 24BEWi ASA Proposes Dividend for the Financial Year of 2021BEWi ASA proposed to the general meeting to pay a dividend of NOK 1.10 per share for the financial year of 2021. The proposal is line with the company’s dividend policy to pay out 30 to 50% of net profit.
お知らせ • Feb 17+ 1 more updateBEWi ASA Approves Board and Committee AppointmentsBEWi ASA approved the election of Liv Malvik as chair of the nomination committee and Roor Husby as members of the nomination committee for the period until the annual general meeting of 2024, at its EGM held on Feb. 16, 2022.
Buying Opportunity • Jan 20Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €8.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. Earnings per share has grown by 86% per annum over the last 3 years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to €6.90, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 10x in the Chemicals industry in Germany.
お知らせ • Nov 25BEWi ASA (OB:BEWI) completed the acquisition of Kemisol Group from a family.BEWi ASA (OB:BEWI) agreed to acquire Kemisol Group from a family on October 29, 2021. BEWI will pay the consideration for the shares in cash through available sources. Kemisol reported revenue of €24.7 million and EBIDTA of €4.5 million as of December 31, 2020. Closing of the acquisition is conditional upon customary conditions specified in agreement and is expected in November 2021. Kemisol’s financials will be consolidated into BEWI’s accounts from 1 December 2021. BEWi ASA (OB:BEWI) completed the acquisition of Kemisol Group from a family on November 24, 2021.
Reported Earnings • Nov 04Third quarter 2021 earnings released: EPS €0.082 (vs €0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €193.0m (up 58% from 3Q 2020). Net income: €12.8m (up 125% from 3Q 2020). Profit margin: 6.6% (up from 4.7% in 3Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improved over the past weekAfter last week's 18% share price gain to €6.36, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Chemicals industry in Germany.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to €4.54, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Chemicals industry in Germany.
Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to €3.23, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in Germany.
Recent Insider Transactions • Aug 14Chief Operating Officer recently bought €72k worth of stockOn the 12th of August, Jonas Siljeskar bought around 24k shares on-market at roughly €2.97 per share. This was the largest purchase by an insider in the last 3 months. This was Jonas' only on-market trade for the last 12 months.
Reported Earnings • Aug 12Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: €198.1m (up 92% from 2Q 2020). Net income: €14.4m (up 71% from 2Q 2020). Profit margin: 7.3% (down from 8.2% in 2Q 2020).
Reported Earnings • May 22First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: €148.9m (up 45% from 1Q 2020). Net loss: €1.10m (down 148% from profit in 1Q 2020).
Reported Earnings • Apr 24Full year 2020 earnings released: EPS €0.21 (vs €0.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €462.6m (up 7.6% from FY 2019). Net income: €30.1m (up 438% from FY 2019). Profit margin: 6.5% (up from 1.3% in FY 2019).