View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBrødrene Hartmann 過去の業績過去 基準チェック /16Brødrene Hartmannの収益は年間平均-6.8%の割合で減少していますが、 Packaging業界の収益は年間 減少しています。収益は年間1.8% 10.1%割合で 増加しています。 Brødrene Hartmannの自己資本利益率は12.5%であり、純利益率は4.8%です。主要情報-6.80%収益成長率-6.80%EPS成長率Packaging 業界の成長9.45%収益成長率10.07%株主資本利益率12.48%ネット・マージン4.83%前回の決算情報30 Sep 2023最近の業績更新Reported Earnings • May 11First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.913.1m (up 21% from 1Q 2022). Net income: kr.90.2m (up 264% from 1Q 2022). Profit margin: 9.9% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.10.80 (down from kr.39.61 in FY 2020). Revenue: kr.2.74b (up 6.9% from FY 2020). Net income: kr.74.4m (down 73% from FY 2020). Profit margin: 2.7% (down from 11% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.4%, compared to a 12% growth forecast for the industry in the United Kingdom.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS kr.0.10 (vs kr.8.40 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr.630.0m (up 3.6% from 3Q 2020). Net income: kr.600.0k (down 99% from 3Q 2020). Profit margin: 0.1% (down from 9.5% in 3Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS kr.7.80 (vs kr.13.10 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: kr.659.2m (flat on 2Q 2020). Net income: kr.53.9m (down 40% from 2Q 2020). Profit margin: 8.2% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2021 earnings released: EPS kr.18.50 (vs kr.8.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.749.7m (up 13% from 1Q 2020). Net income: kr.127.7m (up 122% from 1Q 2020). Profit margin: 17% (up from 8.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Dec 22Brødrene Hartmann A/S(CPSE:HART) dropped from OMX Nordic All-Share IndexBrødrene Hartmann A/S has been dropped from OMX Nordic All-Share Index.お知らせ • Oct 18Brødrene Hartmann's Board of Directors to Initiate the Process of DelistingBrødrene Hartmann A/S has held an extraordinary general meeting which was convened upon request from the majority shareholder, Thornico, that had proposed a delisting of the company’s shares from trading and official listing on Nasdaq Copenhagen. The proposal was approved with the sufficient majority of a minimum of 90% of the votes cast and of the represented share capital at the extraordinary general meeting. Voting results will be available at Hartmann’s website as soon as possible. The approval of the proposal thus meets the requirements pursuant to Nasdaq's Nordic Main Market Rulebook for Issuers of Shares, Supplement A, Part E, for Nasdaq Copenhagen to accommodate a request for delisting of a company. The requirements are: The proposal is approved by a valid general meeting resolution with a minimum of 90% of the votes cast and of the represented share capital; The notice of the general meeting with the delisting proposal provides a description of the consequences of delisting for shareholders; and The company shall ensure that the shareholders are offered the ability to dispose of their shares for a period of at least four weeks after Nasdaq Copenhagen has approved the company's request for removal from trading and official listing. The board of directors will now initiate the process of delisting the company.お知らせ • Aug 09Brødrene Hartmann A/S Appoints Kenneth Kongsgaard Kristensen as CFOBrødrene Hartmann A/S has appointed Kenneth Kongsgaard Kristensen CFO effective immediately. Kenneth Kongsgaard Kristensen has been Director of Group Finance at Hartmann since 2014, and he joined the company in 2002. He holds a Master of Science (MSc) degree in Business Administration and Auditing and has previously held finance positions with GEA Niro A/S and Deloitte.お知らせ • Jul 23+ 1 more updateBrødrene Hartmann A/S Announces That Flemming Steen Steps Down from His Role as Member of Hartmann's Executive BoardBrødrene Hartmann A/S announced that Flemming Steen steps down from his role as member of Hartmann's executive board by mutual agreement with the board of directors to pursue challenges outside Hartmann. Flemming Steen joined Hartmann in 2018 bringing vast experience from several listed companies. The change is effective as of July 21, 2023.お知らせ • Jul 13Brødrene Hartmann A/S Announces Board AppointmentsBrødrene Hartmann A/S announced that at the extraordinary general meeting was convened on 12 July 2023, upon request from the majority shareholder, Thornico Holding A/S, to elect two new members for the board of directors. Henrik Marinus Pedersen and Marianne Schelde were elected as members of the board, while Jan Klarskov Henriksen, Jan Madsen and Pernille Fabricius resigned from the board of directors. At the subsequent initial meeting of the board of directors, Henrik Marinus Pedersen was appointed chairman and Michael Strange Midskov was appointed vice chairman.Reported Earnings • May 11First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.913.1m (up 21% from 1Q 2022). Net income: kr.90.2m (up 264% from 1Q 2022). Profit margin: 9.9% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue.Board Change • Mar 10Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jan 13Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 29Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 02Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Oct 18Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 30Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jun 23Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jun 08Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr.230, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Packaging industry in Europe. Total loss to shareholders of 64% over the past year.Board Change • May 04Less than half of directors are independentFollowing 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 Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.10.80 (down from kr.39.61 in FY 2020). Revenue: kr.2.74b (up 6.9% from FY 2020). Net income: kr.74.4m (down 73% from FY 2020). Profit margin: 2.7% (down from 11% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.4%, compared to a 12% growth forecast for the industry in the United Kingdom.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS kr.0.10 (vs kr.8.40 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr.630.0m (up 3.6% from 3Q 2020). Net income: kr.600.0k (down 99% from 3Q 2020). Profit margin: 0.1% (down from 9.5% in 3Q 2020). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to kr.430, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 16x in the Packaging industry in Europe. Total returns to shareholders of 18% over the past three years.Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS kr.7.80 (vs kr.13.10 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: kr.659.2m (flat on 2Q 2020). Net income: kr.53.9m (down 40% from 2Q 2020). Profit margin: 8.2% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2021 earnings released: EPS kr.18.50 (vs kr.8.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.749.7m (up 13% from 1Q 2020). Net income: kr.127.7m (up 122% from 1Q 2020). Profit margin: 17% (up from 8.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr.641, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Packaging industry in Europe. Total returns to shareholders of 78% over the past three years.収支内訳Brødrene Hartmann の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史LSE:0ENF 収益、費用、利益 ( )DKK Millions日付収益収益G+A経費研究開発費30 Sep 233,483168612030 Jun 233,521163598031 Mar 233,511127602031 Dec 223,35061586030 Sep 223,088-37559030 Jun 222,836-61531031 Mar 222,682-29500031 Dec 212,66675474030 Sep 212,620252469030 Jun 212,619308462031 Mar 212,641344465031 Dec 202,567274473030 Sep 202,548266463030 Jun 202,532253462031 Mar 202,423188458031 Dec 192,356167454030 Sep 192,329140454030 Jun 192,19191437031 Mar 192,18075431031 Dec 182,20796424030 Sep 182,18392400030 Jun 182,287145415031 Mar 182,259137417031 Dec 172,207122422030 Sep 172,166137428030 Jun 172,091123429031 Mar 172,114165423031 Dec 162,096175421030 Sep 162,137212435030 Jun 162,163142440031 Mar 162,107107445031 Dec 152,133111455030 Sep 152,04783431030 Jun 151,912139403031 Mar 151,782141382031 Dec 141,615119351030 Sep 141,547103356030 Jun 141,550115350031 Mar 141,569116354031 Dec 131,57986350030 Sep 131,57178350030 Jun 131,56864353031 Mar 131,55563346031 Dec 121,544933440質の高い収益: 0ENFにはDKK151.6M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が30th September, 2023に影響を及ぼしています。利益率の向上: 0ENF過去に利益を上げました。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 0ENFの収益は過去 5 年間で年間6.8%減少しました。成長の加速: 0ENFは昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 0ENF昨年収益を上げたため、昨年の収益成長をPackaging業界 ( -9.9% ) と比較することは困難です。株主資本利益率高いROE: 0ENFの 自己資本利益率 ( 12.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2023/12/21 21:40終値2023/12/20 00:00収益2023/09/30年間収益2022/12/31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このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Brødrene Hartmann A/S これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Frederikke Due OlsenCarnegie Investment Bank ABKenneth LeilingDanske BankDan WejseNordea Markets
Reported Earnings • May 11First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.913.1m (up 21% from 1Q 2022). Net income: kr.90.2m (up 264% from 1Q 2022). Profit margin: 9.9% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.10.80 (down from kr.39.61 in FY 2020). Revenue: kr.2.74b (up 6.9% from FY 2020). Net income: kr.74.4m (down 73% from FY 2020). Profit margin: 2.7% (down from 11% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.4%, compared to a 12% growth forecast for the industry in the United Kingdom.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS kr.0.10 (vs kr.8.40 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr.630.0m (up 3.6% from 3Q 2020). Net income: kr.600.0k (down 99% from 3Q 2020). Profit margin: 0.1% (down from 9.5% in 3Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS kr.7.80 (vs kr.13.10 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: kr.659.2m (flat on 2Q 2020). Net income: kr.53.9m (down 40% from 2Q 2020). Profit margin: 8.2% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2021 earnings released: EPS kr.18.50 (vs kr.8.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.749.7m (up 13% from 1Q 2020). Net income: kr.127.7m (up 122% from 1Q 2020). Profit margin: 17% (up from 8.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 22Brødrene Hartmann A/S(CPSE:HART) dropped from OMX Nordic All-Share IndexBrødrene Hartmann A/S has been dropped from OMX Nordic All-Share Index.
お知らせ • Oct 18Brødrene Hartmann's Board of Directors to Initiate the Process of DelistingBrødrene Hartmann A/S has held an extraordinary general meeting which was convened upon request from the majority shareholder, Thornico, that had proposed a delisting of the company’s shares from trading and official listing on Nasdaq Copenhagen. The proposal was approved with the sufficient majority of a minimum of 90% of the votes cast and of the represented share capital at the extraordinary general meeting. Voting results will be available at Hartmann’s website as soon as possible. The approval of the proposal thus meets the requirements pursuant to Nasdaq's Nordic Main Market Rulebook for Issuers of Shares, Supplement A, Part E, for Nasdaq Copenhagen to accommodate a request for delisting of a company. The requirements are: The proposal is approved by a valid general meeting resolution with a minimum of 90% of the votes cast and of the represented share capital; The notice of the general meeting with the delisting proposal provides a description of the consequences of delisting for shareholders; and The company shall ensure that the shareholders are offered the ability to dispose of their shares for a period of at least four weeks after Nasdaq Copenhagen has approved the company's request for removal from trading and official listing. The board of directors will now initiate the process of delisting the company.
お知らせ • Aug 09Brødrene Hartmann A/S Appoints Kenneth Kongsgaard Kristensen as CFOBrødrene Hartmann A/S has appointed Kenneth Kongsgaard Kristensen CFO effective immediately. Kenneth Kongsgaard Kristensen has been Director of Group Finance at Hartmann since 2014, and he joined the company in 2002. He holds a Master of Science (MSc) degree in Business Administration and Auditing and has previously held finance positions with GEA Niro A/S and Deloitte.
お知らせ • Jul 23+ 1 more updateBrødrene Hartmann A/S Announces That Flemming Steen Steps Down from His Role as Member of Hartmann's Executive BoardBrødrene Hartmann A/S announced that Flemming Steen steps down from his role as member of Hartmann's executive board by mutual agreement with the board of directors to pursue challenges outside Hartmann. Flemming Steen joined Hartmann in 2018 bringing vast experience from several listed companies. The change is effective as of July 21, 2023.
お知らせ • Jul 13Brødrene Hartmann A/S Announces Board AppointmentsBrødrene Hartmann A/S announced that at the extraordinary general meeting was convened on 12 July 2023, upon request from the majority shareholder, Thornico Holding A/S, to elect two new members for the board of directors. Henrik Marinus Pedersen and Marianne Schelde were elected as members of the board, while Jan Klarskov Henriksen, Jan Madsen and Pernille Fabricius resigned from the board of directors. At the subsequent initial meeting of the board of directors, Henrik Marinus Pedersen was appointed chairman and Michael Strange Midskov was appointed vice chairman.
Reported Earnings • May 11First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.913.1m (up 21% from 1Q 2022). Net income: kr.90.2m (up 264% from 1Q 2022). Profit margin: 9.9% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue.
Board Change • Mar 10Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jan 13Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 29Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 02Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Oct 18Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 30Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jun 23Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jun 08Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr.230, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Packaging industry in Europe. Total loss to shareholders of 64% over the past year.
Board Change • May 04Less than half of directors are independentFollowing 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 Jan Madsen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 10Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.10.80 (down from kr.39.61 in FY 2020). Revenue: kr.2.74b (up 6.9% from FY 2020). Net income: kr.74.4m (down 73% from FY 2020). Profit margin: 2.7% (down from 11% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.4%, compared to a 12% growth forecast for the industry in the United Kingdom.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS kr.0.10 (vs kr.8.40 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr.630.0m (up 3.6% from 3Q 2020). Net income: kr.600.0k (down 99% from 3Q 2020). Profit margin: 0.1% (down from 9.5% in 3Q 2020). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to kr.430, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 16x in the Packaging industry in Europe. Total returns to shareholders of 18% over the past three years.
Reported Earnings • Aug 19Second quarter 2021 earnings released: EPS kr.7.80 (vs kr.13.10 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: kr.659.2m (flat on 2Q 2020). Net income: kr.53.9m (down 40% from 2Q 2020). Profit margin: 8.2% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2021 earnings released: EPS kr.18.50 (vs kr.8.32 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.749.7m (up 13% from 1Q 2020). Net income: kr.127.7m (up 122% from 1Q 2020). Profit margin: 17% (up from 8.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr.641, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Packaging industry in Europe. Total returns to shareholders of 78% over the past three years.