View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsAVEVA Group 배당 및 자사주 매입배당 기준 점검 1/6핵심 정보1.2%배당 수익률0.04%자사주 매입 수익률총 주주 수익률1.2%미래 배당 수익률1.4%배당 성장률-1.6%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향-185%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jun 30Upcoming dividend of UK£0.24 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. The company is not currently making a profit and its cash payout ratio is 85%. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).Upcoming Dividend • Dec 30Upcoming dividend of UK£0.13 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 04 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.4%).Upcoming Dividend • Jul 01Upcoming dividend of UK£0.23 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 04 August 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%).Upcoming Dividend • Dec 31Upcoming Dividend of UK£0.12 Per ShareWill be paid on the 5th of February to those who are registered shareholders by the 7th of January. The trailing yield of 1.4% is below the top quartile of German dividend payers (3.6%), but is in line with industry peers (1.4%).모든 업데이트 보기Recent updates공시 • Jan 19+ 6 more updatesSchneider Electric S.E. (ENXTPA:SU) completed the acquisition of 40.86% stake in AVEVA Group plc (LSE:AVV) from from J. Patrick Kennedy and others.Schneider Electric S.E. (ENXTPA:SU) made an offer to acquire 40.86% stake in AVEVA Group plc (LSE:AVV) from from J. Patrick Kennedy and others for approximately £3.8 billion on September 21, 2022. As of November 11, 2022, the offer price has been increased to £32.25. Under the terms of the Acquisition, AVEVA Shareholders (other than Samos or any other member of the Schneider Electric Group) will be entitled to receive: for each AVEVA Share: £31 in cash. The Consideration payable pursuant to the Acquisition will be fully funded through a new term debt facility arranged by Citibank, N.A. London Branch and Société Générale, underwritten by Citibank Europe and Société Générale and documented by way of a £4.1 billion Bridge Facility Agreement entered into on 20 September 2022 between, among others, Schneider Electric and Société Générale(as facility agent). The AVEVA Independent Committee intends to recommend unanimously that AVEVA Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions at the General Meeting (or, in the event that the Acquisition is implemented by way of an Agreed Offer, to accept or procure acceptance of such Agreed Offer) as the AVEVA Independent Directors who hold AVEVA Shares have irrevocably undertaken to do in respect of their own beneficial holdings of 157,559 AVEVA Shares in aggregate representing approximately 0.05% of AVEVA's total issued share capital. In total, Schneider Electric have received irrevocable undertakings in respect of, in aggregate, 171,059 AVEVA Shares representing approximately 0.06% of AVEVA's total issued share capital. As of November 14, 2022, Schneider has received an irrevocable undertaking to vote in favour of the Scheme from J. Patrick Kennedy in respect of a total of 12,287,823 AVEVA Shares in aggregate and representing approximately 4.1% of the issued share capital. Samos has a majority stake in AVEVA, holding 178,573,525 AVEVA Shares, representing approximately 59.14% of the issued ordinary share capital of AVEVA (as at the close of business on September 20, 2022. Schneider Electric S.E. intends to maintain AVEVA's existing corporate headquarters in Cambridge. Schneider Electric has agreed that AVEVA may implement certain retention arrangements to assist with the retention of employees in connection with the Acquisition. Schneider Electric does not intend to make any material change to the number of AVEVA employees or the balance of skills and functions of AVEVA's employees and management. It is intended that, upon completion of the Acquisition, each of the non-executive members of the board of AVEVA shall resign from their office as a director of AVEVA. The Acquisition is currently intended to be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act and is conditional on the approval of the requisite majority of Scheme Shareholders at the Court Meeting and the requisite majority of AVEVA Shareholders at the General Meeting. In order to become Effective, the Scheme must be approved by a majority in number, representing not less than 75% in value, of Scheme Shareholders (or the relevant class or classes thereof) who are present and voting (and who are entitled to vote), either in person or by proxy, at the Court Meeting and at any separate class meeting which may be required by the Court (or, in each case, at any adjournment thereof). In addition, the Resolutions implementing the Scheme must be duly passed by 75% or more of the votes cast in person or by proxy at the General Meeting or at any adjournment thereof. It is expected that the Court Meeting and the General Meeting will take place in mid-November 2022. Following the Court Meeting and General Meeting, the Scheme must also be sanctioned by the Court. The Acquisition is subject to the Conditions and to be set out in the Scheme Document and will only become Effective if, among other things, the following events occur on or before the Long-Stop Date: the approval of the Scheme being granted by a majority in number representing not less than 75% in value of Scheme Shareholders (or the relevant class or classes thereof) who are present and voting (and who are entitled to vote), either in person or by proxy, at the Court Meeting and at any separate class meeting which may be required by the Court (or, in each case, at any adjournment thereof); the Resolutions required to approve and implement the Scheme being duly passed by 75% or more of the votes cast in person or by proxy at the General Meeting or at any adjournment thereof; certain regulatory approvals as described in Appendix 1 (including a national security clearance in the UK and foreign direct investment approvals, insofar as a filing is deemed necessary, in Germany,France, and Denmark being obtained); following the Court Meeting and the General Meeting and receipt of the required regulatory approvals set out in Appendix 1 and as described above, the Scheme being sanctioned by the Court (with or without modification, but subject to any modification being on terms acceptable to Bidco and AVEVA) at the Court Sanction Hearing; and following the sanction of the Scheme by the Court, a copy of the Scheme Court Order being delivered to the Registrar of Companies for registration. Prior to the Scheme becoming Effective, it is intended that applications will be made to the London Stock Exchange to cancel trading in AVEVA Shares on its Main Market for listed securities and to the FCA to cancel the listing of the AVEVA Shares from the Official List, in each case, to take effect from or shortly following the Effective Date. As of November 25, 2022, AVEVA Group plc shareholders approved the transaction and AVEVA Shareholders voted to approve the Scheme at the Court Meeting. As of December 6, 2022, the transaction has received clearance from the Secretary of State for Business, Energy & Industrial Strategy. The Acquisition is expected to become Effective in the first quarter of 2023, subject to satisfaction (or, where applicable, waiver) of the Conditions. As of December 14, 2022 Court Hearing has been scheduled to be held on January 16, 2023. As of January 16, 2023, the court has approved the acquisition. The Effective Date of the Scheme is expected to be January 18, 2023. Lazard & Co., Limited, J.P. Morgan Cazenove Limited and Numis Securities Limited acted as financial advisor to AVEVA Group plc. Citigroup Global Markets Limited acted as financial advisor to Schneider Electric S.E. Andy Ryde and Andrew Jolly of Slaughter and May acted as legal advisor to Schneider Electric S.E. (ENXTPA:SU). Freshfields Bruckhaus Deringer LLP acted as legal advisor to AVEVA Group plc. Link Group acted as Registrar to AVEVA Group plc. Herbert Smith Freehills LLP acted as legal advisor to Schneider Electric S.E. Scott C. Hopkins of Skadden, Arps, Slate, Meagher & Flom (UK) LLP represented Davidson Kempner European Partners, LLP (United Kingdom), a major shareholder of AVEVA Group plc. Schneider Electric S.E. (ENXTPA:SU) completed the acquisition of 40.86% stake in AVEVA Group plc (LSE:AVV) from from J. Patrick Kennedy and others on January 18, 2023.Recent Insider Transactions • Aug 03CTO and Executive VP of R&D recently sold €68k worth of stockOn the 26th of July, Andrew McCloskey sold around 2k shares on-market at roughly €27.44 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €303k more than they bought in the last 12 months.Upcoming Dividend • Jun 30Upcoming dividend of UK£0.24 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. The company is not currently making a profit and its cash payout ratio is 85%. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).Reported Earnings • Jun 09Full year 2022 earnings released: UK£0.21 loss per share (vs UK£0.11 profit in FY 2021)Full year 2022 results: UK£0.21 loss per share (down from UK£0.11 profit in FY 2021). Revenue: UK£1.19b (up 45% from FY 2021). Net loss: UK£62.6m (down 352% from profit in FY 2021). Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Board Change • Jun 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Anne Stevens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Buying Opportunity • May 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €30.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company became loss making.Board Change • Mar 29High number of new directorsIndependent Non-Executive Director Ayesha Khanna was the last director to join the board, commencing their role in 2021.Recent Insider Transactions • Mar 11CTO and Executive VP of R&D recently sold €192k worth of stockOn the 7th of March, Andrew McCloskey sold around 7k shares on-market at roughly €29.03 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €362k more than they sold in the last 12 months.Buying Opportunity • Mar 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be UK£35.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. The company became loss making over the last year.Buying Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be UK£41.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. The company became loss making over the last year.Buying Opportunity • Jan 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be UK£44.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. The company became loss making over the last year.Upcoming Dividend • Dec 30Upcoming dividend of UK£0.13 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 04 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.4%).Reported Earnings • Nov 11First half 2022 earnings released: UK£0.27 loss per share (vs UK£0.13 loss in 1H 2021)The company reported a mediocre first half result with increased losses and weaker control over costs, although revenues improved. First half 2022 results: Revenue: UK£480.9m (up 45% from 1H 2021). Net loss: UK£81.5m (loss widened 302% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Board Change • Nov 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Ayesha Khanna was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 01Upcoming dividend of UK£0.23 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 04 August 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%).Recent Insider Transactions • Jun 03CEO & Non-Executive Vice Chairman recently bought €554k worth of stockOn the 1st of June, Peter Herweck bought around 14k shares on-market at roughly €41.04 per share. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of €316k worth in shares.Recent Insider Transactions • Jun 03CEO & Non-Executive Vice Chairman recently bought €554k worth of stockOn the 1st of June, Peter Herweck bought around 14k shares on-market at roughly €41.04 per share. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of €316k worth in shares.Reported Earnings • May 26Full year 2021 earnings released: EPS UK£0.11 (vs UK£0.43 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£820.4m (down 1.6% from FY 2020). Net income: UK£24.8m (down 65% from FY 2020). Profit margin: 3.0% (down from 8.4% in FY 2020).Executive Departure • May 21Finance Director & Company Secretary has left the companyOn the 17th of May, David Ward's tenure as Finance Director & Company Secretary ended after 3.2 years in the role. As of March 2021, David personally held 10.84k shares (€427k worth at the time). David is the only executive to leave the company over the last 12 months.Recent Insider Transactions • Feb 13Finance Director & Company Secretary recently sold €173k worth of stockOn the 11th of February, David Ward sold around 4k shares on-market at roughly €43.00 per share. In the last 3 months, there was an even bigger sale from another insider worth €305k. Despite this recent sale, insiders have collectively bought €288k more than they sold in the last 12 months.Recent Insider Transactions • Jan 21Non-Executive Vice Chairman recently sold €305k worth of stockOn the 19th of January, Peter Herweck sold around 7k shares on-market at roughly €42.83 per share. This was the largest sale by an insider in the last 3 months. Peter has been a seller over the last 12 months, reducing personal holdings by €139k.Upcoming Dividend • Dec 31Upcoming Dividend of UK£0.12 Per ShareWill be paid on the 5th of February to those who are registered shareholders by the 7th of January. The trailing yield of 1.4% is below the top quartile of German dividend payers (3.6%), but is in line with industry peers (1.4%).Is New 90 Day High Low • Dec 16New 90-day low: €34.39The company is down 34% from its price of €52.42 on 17 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.30 per share.Is New 90 Day High Low • Nov 26New 90-day low: €37.31The company is down 35% from its price of €57.40 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.11 per share.Recent Insider Transactions • Nov 20Deputy CEO recently bought €256k worth of stockOn the 16th of November, James Kidd bought around 6k shares on-market at roughly €46.45 per share. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.Recent Insider Transactions • Nov 07Independent Non-Executive Director recently bought €181k worth of stockOn the 6th of November, Jennifer Allerton bought around 4k shares on-market at roughly €45.22 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €509k more in shares than they have sold in the last 12 months.Analyst Estimate Surprise Post Earnings • Nov 06Revenue misses expectationsRevenue missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 5.7%, compared to a 13% growth forecast for the Software industry in Germany.Reported Earnings • Nov 06First half 2021 earnings released: UK£0.13 loss per shareThe company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: UK£332.6m (down 15% from 1H 2020). Net loss: UK£20.3m (down 213% from profit in 1H 2020).Is New 90 Day High Low • Nov 04New 90-day low: €46.35The company is down 4.0% from its price of €48.30 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.99 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, 4A91 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: 4A91 의 배당금 지급이 증가했지만 회사는 4 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장AVEVA Group 배당 수익률 vs 시장4A91의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (4A91)1.2%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.6%업계 평균 (Software)1.7%분석가 예측 (4A91) (최대 3년)1.4%주목할만한 배당금: 4A91 의 배당금( 1.17% )은 German 시장에서 배당금 지급자의 하위 25%( 1.46% )와 비교해 주목할 만하지 않습니다.고배당: 4A91 의 배당금( 1.17% )은 German 시장에서 배당금 지급자의 상위 25%( 4.55% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 4A91 배당금을 지급하고 있지만 회사는 수익성이 없습니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 55.7% )로 4A91 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/01/20 23:19종가2023/01/17 00:00수익2022/09/30연간 수익2022/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스AVEVA Group plc는 11명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gal MundaBerenbergNicholas GreenBernsteinFrederic Emile BoulanBofA Global Research8명의 분석가 더 보기
Upcoming Dividend • Jun 30Upcoming dividend of UK£0.24 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. The company is not currently making a profit and its cash payout ratio is 85%. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).
Upcoming Dividend • Dec 30Upcoming dividend of UK£0.13 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 04 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.4%).
Upcoming Dividend • Jul 01Upcoming dividend of UK£0.23 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 04 August 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%).
Upcoming Dividend • Dec 31Upcoming Dividend of UK£0.12 Per ShareWill be paid on the 5th of February to those who are registered shareholders by the 7th of January. The trailing yield of 1.4% is below the top quartile of German dividend payers (3.6%), but is in line with industry peers (1.4%).
공시 • Jan 19+ 6 more updatesSchneider Electric S.E. (ENXTPA:SU) completed the acquisition of 40.86% stake in AVEVA Group plc (LSE:AVV) from from J. Patrick Kennedy and others.Schneider Electric S.E. (ENXTPA:SU) made an offer to acquire 40.86% stake in AVEVA Group plc (LSE:AVV) from from J. Patrick Kennedy and others for approximately £3.8 billion on September 21, 2022. As of November 11, 2022, the offer price has been increased to £32.25. Under the terms of the Acquisition, AVEVA Shareholders (other than Samos or any other member of the Schneider Electric Group) will be entitled to receive: for each AVEVA Share: £31 in cash. The Consideration payable pursuant to the Acquisition will be fully funded through a new term debt facility arranged by Citibank, N.A. London Branch and Société Générale, underwritten by Citibank Europe and Société Générale and documented by way of a £4.1 billion Bridge Facility Agreement entered into on 20 September 2022 between, among others, Schneider Electric and Société Générale(as facility agent). The AVEVA Independent Committee intends to recommend unanimously that AVEVA Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions at the General Meeting (or, in the event that the Acquisition is implemented by way of an Agreed Offer, to accept or procure acceptance of such Agreed Offer) as the AVEVA Independent Directors who hold AVEVA Shares have irrevocably undertaken to do in respect of their own beneficial holdings of 157,559 AVEVA Shares in aggregate representing approximately 0.05% of AVEVA's total issued share capital. In total, Schneider Electric have received irrevocable undertakings in respect of, in aggregate, 171,059 AVEVA Shares representing approximately 0.06% of AVEVA's total issued share capital. As of November 14, 2022, Schneider has received an irrevocable undertaking to vote in favour of the Scheme from J. Patrick Kennedy in respect of a total of 12,287,823 AVEVA Shares in aggregate and representing approximately 4.1% of the issued share capital. Samos has a majority stake in AVEVA, holding 178,573,525 AVEVA Shares, representing approximately 59.14% of the issued ordinary share capital of AVEVA (as at the close of business on September 20, 2022. Schneider Electric S.E. intends to maintain AVEVA's existing corporate headquarters in Cambridge. Schneider Electric has agreed that AVEVA may implement certain retention arrangements to assist with the retention of employees in connection with the Acquisition. Schneider Electric does not intend to make any material change to the number of AVEVA employees or the balance of skills and functions of AVEVA's employees and management. It is intended that, upon completion of the Acquisition, each of the non-executive members of the board of AVEVA shall resign from their office as a director of AVEVA. The Acquisition is currently intended to be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act and is conditional on the approval of the requisite majority of Scheme Shareholders at the Court Meeting and the requisite majority of AVEVA Shareholders at the General Meeting. In order to become Effective, the Scheme must be approved by a majority in number, representing not less than 75% in value, of Scheme Shareholders (or the relevant class or classes thereof) who are present and voting (and who are entitled to vote), either in person or by proxy, at the Court Meeting and at any separate class meeting which may be required by the Court (or, in each case, at any adjournment thereof). In addition, the Resolutions implementing the Scheme must be duly passed by 75% or more of the votes cast in person or by proxy at the General Meeting or at any adjournment thereof. It is expected that the Court Meeting and the General Meeting will take place in mid-November 2022. Following the Court Meeting and General Meeting, the Scheme must also be sanctioned by the Court. The Acquisition is subject to the Conditions and to be set out in the Scheme Document and will only become Effective if, among other things, the following events occur on or before the Long-Stop Date: the approval of the Scheme being granted by a majority in number representing not less than 75% in value of Scheme Shareholders (or the relevant class or classes thereof) who are present and voting (and who are entitled to vote), either in person or by proxy, at the Court Meeting and at any separate class meeting which may be required by the Court (or, in each case, at any adjournment thereof); the Resolutions required to approve and implement the Scheme being duly passed by 75% or more of the votes cast in person or by proxy at the General Meeting or at any adjournment thereof; certain regulatory approvals as described in Appendix 1 (including a national security clearance in the UK and foreign direct investment approvals, insofar as a filing is deemed necessary, in Germany,France, and Denmark being obtained); following the Court Meeting and the General Meeting and receipt of the required regulatory approvals set out in Appendix 1 and as described above, the Scheme being sanctioned by the Court (with or without modification, but subject to any modification being on terms acceptable to Bidco and AVEVA) at the Court Sanction Hearing; and following the sanction of the Scheme by the Court, a copy of the Scheme Court Order being delivered to the Registrar of Companies for registration. Prior to the Scheme becoming Effective, it is intended that applications will be made to the London Stock Exchange to cancel trading in AVEVA Shares on its Main Market for listed securities and to the FCA to cancel the listing of the AVEVA Shares from the Official List, in each case, to take effect from or shortly following the Effective Date. As of November 25, 2022, AVEVA Group plc shareholders approved the transaction and AVEVA Shareholders voted to approve the Scheme at the Court Meeting. As of December 6, 2022, the transaction has received clearance from the Secretary of State for Business, Energy & Industrial Strategy. The Acquisition is expected to become Effective in the first quarter of 2023, subject to satisfaction (or, where applicable, waiver) of the Conditions. As of December 14, 2022 Court Hearing has been scheduled to be held on January 16, 2023. As of January 16, 2023, the court has approved the acquisition. The Effective Date of the Scheme is expected to be January 18, 2023. Lazard & Co., Limited, J.P. Morgan Cazenove Limited and Numis Securities Limited acted as financial advisor to AVEVA Group plc. Citigroup Global Markets Limited acted as financial advisor to Schneider Electric S.E. Andy Ryde and Andrew Jolly of Slaughter and May acted as legal advisor to Schneider Electric S.E. (ENXTPA:SU). Freshfields Bruckhaus Deringer LLP acted as legal advisor to AVEVA Group plc. Link Group acted as Registrar to AVEVA Group plc. Herbert Smith Freehills LLP acted as legal advisor to Schneider Electric S.E. Scott C. Hopkins of Skadden, Arps, Slate, Meagher & Flom (UK) LLP represented Davidson Kempner European Partners, LLP (United Kingdom), a major shareholder of AVEVA Group plc. Schneider Electric S.E. (ENXTPA:SU) completed the acquisition of 40.86% stake in AVEVA Group plc (LSE:AVV) from from J. Patrick Kennedy and others on January 18, 2023.
Recent Insider Transactions • Aug 03CTO and Executive VP of R&D recently sold €68k worth of stockOn the 26th of July, Andrew McCloskey sold around 2k shares on-market at roughly €27.44 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €303k more than they bought in the last 12 months.
Upcoming Dividend • Jun 30Upcoming dividend of UK£0.24 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. The company is not currently making a profit and its cash payout ratio is 85%. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).
Reported Earnings • Jun 09Full year 2022 earnings released: UK£0.21 loss per share (vs UK£0.11 profit in FY 2021)Full year 2022 results: UK£0.21 loss per share (down from UK£0.11 profit in FY 2021). Revenue: UK£1.19b (up 45% from FY 2021). Net loss: UK£62.6m (down 352% from profit in FY 2021). Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Board Change • Jun 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Anne Stevens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Buying Opportunity • May 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €30.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company became loss making.
Board Change • Mar 29High number of new directorsIndependent Non-Executive Director Ayesha Khanna was the last director to join the board, commencing their role in 2021.
Recent Insider Transactions • Mar 11CTO and Executive VP of R&D recently sold €192k worth of stockOn the 7th of March, Andrew McCloskey sold around 7k shares on-market at roughly €29.03 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €362k more than they sold in the last 12 months.
Buying Opportunity • Mar 05Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be UK£35.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. The company became loss making over the last year.
Buying Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be UK£41.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. The company became loss making over the last year.
Buying Opportunity • Jan 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be UK£44.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. The company became loss making over the last year.
Upcoming Dividend • Dec 30Upcoming dividend of UK£0.13 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 04 February 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.4%).
Reported Earnings • Nov 11First half 2022 earnings released: UK£0.27 loss per share (vs UK£0.13 loss in 1H 2021)The company reported a mediocre first half result with increased losses and weaker control over costs, although revenues improved. First half 2022 results: Revenue: UK£480.9m (up 45% from 1H 2021). Net loss: UK£81.5m (loss widened 302% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Board Change • Nov 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Ayesha Khanna was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 01Upcoming dividend of UK£0.23 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 04 August 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%).
Recent Insider Transactions • Jun 03CEO & Non-Executive Vice Chairman recently bought €554k worth of stockOn the 1st of June, Peter Herweck bought around 14k shares on-market at roughly €41.04 per share. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of €316k worth in shares.
Recent Insider Transactions • Jun 03CEO & Non-Executive Vice Chairman recently bought €554k worth of stockOn the 1st of June, Peter Herweck bought around 14k shares on-market at roughly €41.04 per share. This was the largest purchase by an insider in the last 3 months. Peter has been a buyer over the last 12 months, purchasing a net total of €316k worth in shares.
Reported Earnings • May 26Full year 2021 earnings released: EPS UK£0.11 (vs UK£0.43 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£820.4m (down 1.6% from FY 2020). Net income: UK£24.8m (down 65% from FY 2020). Profit margin: 3.0% (down from 8.4% in FY 2020).
Executive Departure • May 21Finance Director & Company Secretary has left the companyOn the 17th of May, David Ward's tenure as Finance Director & Company Secretary ended after 3.2 years in the role. As of March 2021, David personally held 10.84k shares (€427k worth at the time). David is the only executive to leave the company over the last 12 months.
Recent Insider Transactions • Feb 13Finance Director & Company Secretary recently sold €173k worth of stockOn the 11th of February, David Ward sold around 4k shares on-market at roughly €43.00 per share. In the last 3 months, there was an even bigger sale from another insider worth €305k. Despite this recent sale, insiders have collectively bought €288k more than they sold in the last 12 months.
Recent Insider Transactions • Jan 21Non-Executive Vice Chairman recently sold €305k worth of stockOn the 19th of January, Peter Herweck sold around 7k shares on-market at roughly €42.83 per share. This was the largest sale by an insider in the last 3 months. Peter has been a seller over the last 12 months, reducing personal holdings by €139k.
Upcoming Dividend • Dec 31Upcoming Dividend of UK£0.12 Per ShareWill be paid on the 5th of February to those who are registered shareholders by the 7th of January. The trailing yield of 1.4% is below the top quartile of German dividend payers (3.6%), but is in line with industry peers (1.4%).
Is New 90 Day High Low • Dec 16New 90-day low: €34.39The company is down 34% from its price of €52.42 on 17 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.30 per share.
Is New 90 Day High Low • Nov 26New 90-day low: €37.31The company is down 35% from its price of €57.40 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.11 per share.
Recent Insider Transactions • Nov 20Deputy CEO recently bought €256k worth of stockOn the 16th of November, James Kidd bought around 6k shares on-market at roughly €46.45 per share. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 07Independent Non-Executive Director recently bought €181k worth of stockOn the 6th of November, Jennifer Allerton bought around 4k shares on-market at roughly €45.22 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €509k more in shares than they have sold in the last 12 months.
Analyst Estimate Surprise Post Earnings • Nov 06Revenue misses expectationsRevenue missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 5.7%, compared to a 13% growth forecast for the Software industry in Germany.
Reported Earnings • Nov 06First half 2021 earnings released: UK£0.13 loss per shareThe company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: UK£332.6m (down 15% from 1H 2020). Net loss: UK£20.3m (down 213% from profit in 1H 2020).
Is New 90 Day High Low • Nov 04New 90-day low: €46.35The company is down 4.0% from its price of €48.30 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.99 per share.