View ValuationDustin Group 향후 성장Future 기준 점검 3/6Dustin Group (는) 각각 연간 77.5% 및 3.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 78.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 3.7% 로 예상됩니다.핵심 정보77.5%이익 성장률78.82%EPS 성장률Electronic 이익 성장39.6%매출 성장률3.1%향후 자기자본이익률3.72%애널리스트 커버리지Low마지막 업데이트16 Apr 2026최근 향후 성장 업데이트공지 • Nov 27Dustin Group AB (publ) Provides Earnings Guidance for the First Quarter of 2025Dustin Group AB (publ) provided earnings guidance for the first quarter of 2025. For the period, the company's group sales are expected to decline by around 20%, compared to the previous year.공지 • Sep 13Dustin Group AB (Publ) Provides Earnings Guidance for the Fourth Quarter of 2024Dustin Group AB (publ) provided earnings guidance for the fourth quarter of 2024. The company publishes an earnings update for the fourth quarter 2023/24 after compiling preliminary financial results for August. The company is expected to report net sales of approximately SEK 5.0 billion (5.1) The development in the seasonally weaker fourth quarter has resulted in an unfavorable sales mix between countries and customer groups. The change in the sales mix deviate from normal seasonal patterns and is ??explained by a high proportion of sales to the public sector combined with a high proportion of sales in new contracts with initially lower margins within segment LCP. The demand in the SMB segment has remained weak. In addition, the adjusted EBITA has been charged with one-off costs of the equivalent of approximately SEK 20 million in the quarter, attributable to an adjustment of a previous insurance case.모든 업데이트 보기Recent updates공지 • Feb 20Dustin Group AB Announces Management Changes, Effective April 13, 2026Dustin Group AB announced changes to its management team. Pontus Cederberg, currently EVP Relation Sales, would assume the role of EVP Relation Sales Nordic. Recruitment for the position of EVP Relation Sales Benelux was underway. Monika Gullin was appointed Chief Technology Officer (CTO) and member of the Group Management Team and would take up her position on April 13, 2026. Monika most recently held the position of CTO at Nuuday and had previously held positions including Head of IT Consumer Sweden at Tele2 and CIO at Com Hem.공지 • Dec 11Dustin Group AB (publ) Elects Carl Mellander as New Member of the BoardDustin Group AB announced that at its AGM held on December 11, 2025, the shareholders elected Carl Mellander as new member of the Board.공지 • Nov 18+ 1 more updateDustin Group AB (publ) to Report Fiscal Year 2026 Results on Oct 08, 2026Dustin Group AB (publ) announced that they will report fiscal year 2026 results on Oct 08, 2026공지 • Oct 21Dustin Group AB (Publ) Announces CEO Changes, Effective November 10, 2025Dustin Group AB (publ) announced thast Johan Karlsson has, in agreement with the Board, decided to step down from his role as CEO. At the same time, the Board has appointed Samuel Skott as the new CEO. Samuel Skott will assume the role of CEO on 10 November 2025, and Johan Karlsson will remain available during his 12-month notice period to ensure a smooth handover. Samuel most recently served as CEO of the technology consultancy HiQ and, prior to that, he held among other positions, the role of CEO of Tele2 Sweden.공지 • Oct 16+ 1 more updateDustin Group AB (publ), Annual General Meeting, Dec 11, 2025Dustin Group AB (publ), Annual General Meeting, Dec 11, 2025.공지 • Jul 08+ 2 more updatesDustin Group AB (publ) to Report Q3, 2026 Results on Jul 01, 2026Dustin Group AB (publ) announced that they will report Q3, 2026 results at 9:00 AM, Central European Standard Time on Jul 01, 2026공지 • Jun 29Dustin Group AB (Publ) Announces Changes to the Nomination CommitteeDustin Group AB (publ) announced that due to recent changes in ownership of shares in Dustin Group, Mikael Olsson, Nordanland, will become a member of the Nomination Committee. Mikael Olsson replaces Jens Browaldh, Altor. Effective from now, the Nomination Committee consists of the following members: Marie Ehrling, Axel Johnson AB, Chair of the Nomination Committee, Lise Børresen, DNB, Mikael Olsson, Nordanland and Tomas Franzén, Chair of the Dustin Board (adjunct).공지 • Apr 03Dustin Group AB (publ) Reports Impairment Charges for the Second Quarter 2025Dustin Group AB (publ) reported impairment charges for the second quarter 2025. For the period, the company reported non-cash impairment of primarily goodwill of negative SEK 2,500 million related to continued uncertainty regarding current and future market conditions as well as a strategic adaptation of the service offering.공지 • Apr 02Dustin Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 1.25 billion.Dustin Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 1.25 billion. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Rights Offering공지 • Dec 13Dustin Group AB (publ) Approves Board AppointmentsDustin Group AB (publ) at its AGM, held on December 12, 2024, elected Hanna Graflund Sleyman and Henrik Theilbjørn as new members of the Board. The AGM elected Tomas Franzén as new Chair of the Board.공지 • Nov 27Dustin Group AB (publ) Provides Earnings Guidance for the First Quarter of 2025Dustin Group AB (publ) provided earnings guidance for the first quarter of 2025. For the period, the company's group sales are expected to decline by around 20%, compared to the previous year.공지 • Nov 13Pontus Cederberg Becomes Acting EVP Relation Sales and Member of Dusin's Group Management Team, Effective December 1, 2024Pontus Cederberg becomes acting EVP Relation Sales and member of Dusin's Group Management Team. Pontus is currently VP SMB Sales Nordic at Dustin and takes up his new role on December 1, 2024. Pontus has been working at Dustin since 2017 in multiple roles with sales responsibility. The role as EVP Relation Sales is new in conjunction with the organisational update announced on October 16, 2024.공지 • Nov 04Dustin Group AB Announces Thomas Ekman Declines Re-Election as Chairman of the Board, Effective December 12, 2024Dustin Group AB announced that Thomas Ekman has informed that he is not available for re-election as Chairman of the Board or as a member of the board of Dustin. The background is that he is leaving his role as CEO of Axel Johnson. Thomas will stay as Chairman of the Board until the Annual General Meeting on 12 December 2024.Reported Earnings • Oct 16Full year 2024 earnings released: EPS: kr0.14 (vs kr1.54 in FY 2023)Full year 2024 results: EPS: kr0.14 (down from kr1.54 in FY 2023). Revenue: kr21.5b (down 8.9% from FY 2023). Net income: kr53.0m (down 70% from FY 2023). Profit margin: 0.2% (down from 0.7% in FY 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year whereas the company’s share price has fallen by 60% per year.공지 • Oct 16Dustin Group AB (Publ) Announces Executive ChangesDustin Group AB (publ) appointed Cecilia Ridal as COO. Rebecca Tallmark, EVP SMB chooses to leave Dustin. John Karlson to be acting until the recruitment is concluded.공지 • Oct 02Dustin Group AB (Publ) Announces Leaving of Alexandra Fürst as COOAlexandra Fürst has announced that she is leaving her position as COO of Dustin Group AB (publ). She will stay at Dustin until a replacement has been recruited or until March 2025 the latest. The recruitment of a replacement will begin immediately. With her leadership and commitment, Alexandra has been very important for the successful integration of the operations in Benelux and the Nordics and for building their common culture.공지 • Sep 13Dustin Group AB (Publ) Provides Earnings Guidance for the Fourth Quarter of 2024Dustin Group AB (publ) provided earnings guidance for the fourth quarter of 2024. The company publishes an earnings update for the fourth quarter 2023/24 after compiling preliminary financial results for August. The company is expected to report net sales of approximately SEK 5.0 billion (5.1) The development in the seasonally weaker fourth quarter has resulted in an unfavorable sales mix between countries and customer groups. The change in the sales mix deviate from normal seasonal patterns and is ??explained by a high proportion of sales to the public sector combined with a high proportion of sales in new contracts with initially lower margins within segment LCP. The demand in the SMB segment has remained weak. In addition, the adjusted EBITA has been charged with one-off costs of the equivalent of approximately SEK 20 million in the quarter, attributable to an adjustment of a previous insurance case.Reported Earnings • Jul 04Third quarter 2024 earnings released: EPS: kr0.06 (vs kr0.21 in 3Q 2023)Third quarter 2024 results: EPS: kr0.06. Revenue: kr5.45b (down 2.3% from 3Q 2023). Net income: kr27.4m (up 17% from 3Q 2023). Profit margin: 0.5% (up from 0.4% in 3Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany.공지 • Jul 02+ 4 more updatesDustin Group AB (publ) to Report Fiscal Year 2025 Final Results on Nov 18, 2025Dustin Group AB (publ) announced that they will report fiscal year 2025 final results on Nov 18, 2025Recent Insider Transactions • Apr 22Chairman recently bought €11m worth of stockOn the 16th of April, Thomas Ekman bought around 10m shares on-market at roughly €1.18 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Thomas has been a buyer over the last 12 months, purchasing a net total of €26m worth in shares.Reported Earnings • Apr 11Second quarter 2024 earnings released: EPS: kr0.18 (vs kr0.72 in 2Q 2023)Second quarter 2024 results: EPS: kr0.18 (down from kr0.72 in 2Q 2023). Revenue: kr5.25b (down 16% from 2Q 2023). Net income: kr76.0m (down 6.4% from 2Q 2023). Profit margin: 1.4% (up from 1.3% in 2Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.Recent Insider Transactions • Feb 06Chairman recently bought €529k worth of stockOn the 1st of February, Thomas Ekman bought around 500k shares on-market at roughly €1.06 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €4.7m. Thomas has been a buyer over the last 12 months, purchasing a net total of €15m worth in shares.Recent Insider Transactions • Jan 29Chairman recently bought €4.1m worth of stockOn the 24th of January, Thomas Ekman bought around 4m shares on-market at roughly €1.03 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €4.7m. Thomas has been a buyer over the last 12 months, purchasing a net total of €14m worth in shares.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.03, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Electronic industry in Germany. Total loss to shareholders of 72% over the past three years.Recent Insider Transactions • Jan 18Chairman recently bought €4.7m worth of stockOn the 10th of January, Thomas Ekman bought around 5m shares on-market at roughly €0.94 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Thomas has been a buyer over the last 12 months, purchasing a net total of €10m worth in shares.Reported Earnings • Jan 10First quarter 2024 earnings released: EPS: kr0.29 (vs kr0.59 in 1Q 2023)First quarter 2024 results: EPS: kr0.29 (down from kr0.59 in 1Q 2023). Revenue: kr5.79b (down 13% from 1Q 2023). Net income: kr32.9m (down 50% from 1Q 2023). Profit margin: 0.6% (down from 1.0% in 1Q 2023). Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings.Board Change • Dec 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Stina Andersson was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Dec 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 300% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (300% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).공지 • Nov 29AxMedia AB acquired additional 3.86% stake in Dustin Group AB (publ) (OM:DUST) for SEK 36 million.AxMedia AB acquired additional 3.86% stake in Dustin Group AB (publ) (OM:DUST) for SEK 36 million on November 23, 2023. Pursuant to transaction, AxMedia acquired 4.4 million shares, increasing its ownership in Dustin to 40.1%. AxMedia AB completed the acquisition of additional 3.86% stake in Dustin Group AB (publ) (OM:DUST) on November 23, 2023.Recent Insider Transactions • Nov 24Director recently bought €1.8m worth of stockOn the 20th of November, Thomas Ekman bought around 3m shares on-market at roughly €0.64 per share. This transaction amounted to less than 1% of their direct individual holding 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.New Risk • Nov 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (€75.5m market cap, or US$82.0m).New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €70.2m (US$75.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (€70.2m market cap, or US$75.1m).Reported Earnings • Nov 13Full year 2023 earnings released: EPS: kr1.54 (vs kr4.22 in FY 2022)Full year 2023 results: EPS: kr1.54 (down from kr4.22 in FY 2022). Revenue: kr23.6b (flat on FY 2022). Net income: kr173.9m (down 64% from FY 2022). Profit margin: 0.7% (down from 2.0% in FY 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.06, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Electronic industry in Germany. Total loss to shareholders of 79% over the past three years.New Risk • Oct 11New 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 6.2% 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 Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).Reported Earnings • Oct 11Full year 2023 earnings released: EPS: kr1.54 (vs kr4.22 in FY 2022)Full year 2023 results: EPS: kr1.54 (down from kr4.22 in FY 2022). Revenue: kr23.6b (flat on FY 2022). Net income: kr173.9m (down 64% from FY 2022). Profit margin: 0.7% (down from 2.0% in FY 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.Reported Earnings • Jun 29Third quarter 2023 earnings released: EPS: kr0.21 (vs kr0.75 in 3Q 2022)Third quarter 2023 results: EPS: kr0.21 (down from kr0.75 in 3Q 2022). Revenue: kr5.58b (down 5.3% from 3Q 2022). Net income: kr23.4m (down 72% from 3Q 2022). Profit margin: 0.4% (down from 1.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.53, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Electronic industry in Germany. Total loss to shareholders of 46% over the past three years.공지 • Jun 28+ 4 more updatesDustin Group AB (publ) to Report Fiscal Year 2024 Final Results on Nov 17, 2024Dustin Group AB (publ) announced that they will report fiscal year 2024 final results on Nov 17, 2024공지 • Jun 27Dustin Group AB (publ), Annual General Meeting, Dec 12, 2024Dustin Group AB (publ), Annual General Meeting, Dec 12, 2024.공지 • Jun 08+ 1 more updateDustin Group AB (publ) Appoints Julia Lagerqvist as Member of the Group Management TeamDustin Group AB (publ) announced that Julia Lagerqvist has been appointed as the new CFO and member of the group management team. She assumes the position on December 11th, 2023 and replaces Johan Ryrberg who is acting CFO. Julia comes most recently from the role as CFO at Scandi Standard. Prior to that, she held a similar position at Kronfågel Sweden and SverigesEnergi Elförsörjning. Julia has a broad international background and experience from companies with a high rate of change.공지 • Jun 01Dustin Announces Executive Vice President of People, Culture & Sustainability ChangesDustin appointed Jenny Ring as EVP of People, Culture & Sustainability. She assumes her new role and becomes a member of the group management team on June 1st, 2023. Jenny is responsible for Customer Fulfilment at Dustin and has held several leadership roles within Dustin since 2015. Before joining Dustin she was sales director at GE Money Bank. Jenny has extensive experience in leading complex, multinational organizations and has a strong competence within leadership combined with extensive knowledge. Jenny Ring succeeds Martin Lindecrantz, who previously announced he is leaving the company.공지 • May 23Dustin Group AB (publ) Appoints Members of the Nomination CommitteeDustin Group AB (publ) announced that in accordance with the instructions for the Nomination Committee adopted by Dustin's general meeting, the following members of the Nomination Committee have been appointed, based on the ownership structure as of 31 March 2023. Marie Ehrling, Axel Johnson AB, Chair of the Nomination Committee; Sophie Larsén, AMF Pension & Funds; Jonas Backman, Protector Forsikring ASA; and Mia Brunell Livfors, Chair of the Dustin Board (adjunct).Reported Earnings • Mar 30Second quarter 2023 earnings released: EPS: kr0.72 (vs kr1.27 in 2Q 2022)Second quarter 2023 results: EPS: kr0.72 (down from kr1.27 in 2Q 2022). Revenue: kr6.27b (up 2.2% from 2Q 2022). Net income: kr81.2m (down 44% from 2Q 2022). Profit margin: 1.3% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공지 • Feb 02+ 3 more updatesDustin Group AB (publ) Announces President ChangesDustin Group AB (publ) announced that Johan Karlsson has been appointed new president of the company. He has been CFO at Dustin since 2009 and takes up his new role on April 3, 2023. Johan succeeds Thomas Ekman who takes over as the new CEO of Axel Johnson. Johan has extensive experience and solid knowledge about Dustin and the market the company operates on. He has taken a large part in developing Dustin's strategy and with his strong leadership is the right person to, with continuity, continue leading the company forward, says Mia Brunell Livfors, Chair of Dustin.Reported Earnings • Jan 12First quarter 2023 earnings released: EPS: kr0.59 (vs kr1.47 in 1Q 2022)First quarter 2023 results: EPS: kr0.59 (down from kr1.47 in 1Q 2022). Revenue: kr6.64b (up 14% from 1Q 2022). Net income: kr66.3m (down 60% from 1Q 2022). Profit margin: 1.0% (down from 2.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.공지 • Dec 16Dustin Group AB Elects Thomas Ekman as New Member of the BoardDustin Group AB at the Annual General Meeting held on December 15, 2022, elected Thomas Ekman as new member of the Board.Reported Earnings • Nov 19Full year 2022 earnings released: EPS: kr4.22 (vs kr3.82 in FY 2021)Full year 2022 results: EPS: kr4.22 (up from kr3.82 in FY 2021). Revenue: kr23.6b (up 57% from FY 2021). Net income: kr477.7m (up 34% from FY 2021). Profit margin: 2.0% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less 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. 6 non-independent directors. Independent Director Morten Strand was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Nov 14Dustin Group AB (Publ) Not to Pay Dividend for the Year 2021/22The board of Dustin proposes to the annual general meeting not to pay dividends to the shareholders for the financial year 2021/22. The proposal is based on the general economic situation in combination with the company's ambition to lower the debt ratio at a higher pace.Reported Earnings • Oct 12Full year 2022 earnings released: EPS: kr4.22 (vs kr3.82 in FY 2021)Full year 2022 results: EPS: kr4.22 (up from kr3.82 in FY 2021). Revenue: kr23.6b (up 49% from FY 2021). Net income: kr477.7m (up 34% from FY 2021). Profit margin: 2.0% (down from 2.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공지 • Oct 12Dustin Group AB (publ) to Report Fiscal Year 2023 Final Results on Nov 11, 2023Dustin Group AB (publ) announced that they will report fiscal year 2023 final results on Nov 11, 2023공지 • Oct 11+ 4 more updatesDustin Group AB (publ) Announces the Resignation of Thomas Ekman as CEODustin Group AB (publ)'s president and CEO, Thomas Ekman, has announced his intention to leave his position during 2023 to take on the position as CEO for Axel Johnson in September 2023. The search process for his successor will be initiated immediately. Thomas Ekman will remain as CEO during his notice period of six months or until a new CEO has been recruited. Thomas has, together with his team, taken Dustin from a Nordic to a European company with a clear strategy for long-term profitable and sustainable growth. The strong development has been possible through Thomas leadership, characterised by courage and ambition. With his focus on both people and the business he has built a strong team and strengthened Dustin's brand. Thomas Ekman has been CEO of Dustin since 2018.공지 • Oct 04Dustin Group AB (publ) to Report Q4, 2022 Results on Oct 11, 2022Dustin Group AB (publ) announced that they will report Q4, 2022 results on Oct 11, 2022Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €4.01, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 37% over the past three years.Reported Earnings • Jul 06Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr5.89b (flat on 3Q 2021). Net income: kr84.7m (up 6.8% from 3Q 2021). Profit margin: 1.4% (up from null in 3Q 2021). Over the next year, revenue is forecast to grow 6.3%, compared to a 35% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.86, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 19% over the past three years.공지 • May 31Dustin Group AB (Publ) Announces Nomination Committee AppointmentsDustin Group AB (publ) announced that following members of the Nomination Committee have been appointed, based on the ownership structure as of 31 March 2022. Marie Ehrling, Axel Johnson AB, Chair of the Nomination Committee. Tomas Risbecker, AMF Pension & Funds. Hans Christian Bratterud, ODIN Funds and Mia Brunell Livfors, Chair of the Dustin Board.Board Change • Apr 27Less 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. 6 non-independent directors. Independent Director Morten Strand was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 07Second quarter 2022 earnings released: EPS: kr1.27 (vs kr1.38 in 2Q 2021)Second quarter 2022 results: EPS: kr1.27. Revenue: kr6.61b (up 80% from 2Q 2021). Net income: kr144.1m (up 18% from 2Q 2021). Profit margin: 2.2% (down from 3.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 44% growth forecast for the industry in Germany.Reported Earnings • Jan 13First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: kr1.47 (up from kr1.02 in 1Q 2021). Revenue: kr6.25b (up 69% from 1Q 2021). Net income: kr166.0m (up 84% from 1Q 2021). Profit margin: 2.7% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 24%, compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Upcoming Dividend • Dec 09Upcoming dividend of kr2.21 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 22 December 2021. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (0.3%).Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to €9.64, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 35x in the Online Retail industry in Germany. Total returns to shareholders of 52% over the past three years.Executive Departure • Oct 12Senior VP & Chief Human Resource Officer Luuk Slaats has left the companyOn the 1st of October, Luuk Slaats' tenure as Senior VP & Chief Human Resource Officer ended. We don't have any record of a personal shareholding under Luuk's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.25 years.Reported Earnings • Oct 07Full year 2021 earnings released: EPS kr3.82 (vs kr3.13 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: kr15.9b (up 20% from FY 2020). Net income: kr357.0m (up 29% from FY 2020). Profit margin: 2.2% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공지 • Aug 25Dustin Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 1.211987 billion.Dustin Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 1.211987 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 16,159,825 Price\Range: SEK 75 Transaction Features: Rights OfferingReported Earnings • Jul 03Third quarter 2021 earnings released: EPS kr0.89 (vs kr0.35 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr3.39b (up 3.8% from 3Q 2020). Net income: kr79.3m (up 155% from 3Q 2020). Profit margin: 2.3% (up from 1.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Executive Departure • Jun 26Executive Vice President of Supply Chain Jenny Ring has left the companyOn the 22nd of June, Jenny Ring's tenure as Executive Vice President of Supply Chain ended. As of March 2021, Jenny still personally held only 6.19k shares (€26k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years.Executive Departure • Jun 26Executive Vice President of Services & Solutions Nordic Alexandra Drevenlid has left the companyOn the 22nd of June, Alexandra Drevenlid's tenure as Executive Vice President of Services & Solutions Nordic ended. We don't have any record of a personal shareholding under Alexandra's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years.공지 • Jun 04Dustin Group AB (publ) (OM:DUST) completed the acquisition of Centralpoint Holding B.V. from Rotla B.V.Dustin Group AB (publ) (OM:DUST) entered into an agreement to acquire Centralpoint Holding B.V. from Rotla B.V. for SEK 4.3 billion on April 13, 2021. The total consideration comprises 8,254,587 newly issued shares in Dustin and the remaining part in cash. The acquisition will be on cash and debt free basis. In a related transaction, Dustin intends to, as part of the long-term financing of the acquisition, propose a rights issue of approximately SEK 1.2 billion expected to be carried out during the second half of 2021. The transaction will be financed through a combination of issue of new shares, cash and debt facilities. Dustin has secured bridge financing with Swedbank with a maturity of 24 months (the “Bridge Financing”), in addition to its existing facilities with the same bank, to finance the cash consideration. In 2020, Centralpoint reported revenue of approximately SEK 7 billion and an EBITA of approximately SEK 280 million. The transaction is subject to compliance with works council proceedings and customary closing conditions, including merger control clearance from the Dutch competition authority. As on May 18, 2021, Dustin Group's Extraordinary General Meeting resolved to authorise the Board on a new issue of 8,254,587 shares, equivalent to approximately 8.5% of the outstanding shares in Dustin. As of June 2, 2021, all closing conditions for completion of acquisition of Centralpoint Holding B.V. have been fulfilled. Completion of the acquisition is planned to take place on June 3, 2021. The acquisition is expected to generate annual synergies of approximately SEK 150 million, fully implemented by 2023/24. Carnegie Investment Bank AB (publ) acted as financial advisor, Tone Myhre-Jensen, Henrik Wållgren and Anna Green Jensen of Advokatfirman Cederquist KB and Paula Röttorp of Hannes Snellman Attorneys Ltd acted as legal advisors to Dustin Group AB. Hannes Snellman Attorneys Ltd advised Dustin Group in connection with the financing with one of Sweden’s leading banks. Jefferies International Limited acted as financial advisor, Jan-Willem van Rooij and Marcel Buur of Loyens & Loeff N.V. and David Andersson and Louise Brorsson Salomon of Advokatfirman Vinge KB acted as legal advisors to Rotla B.V. BDO acted as accountant to Dustin Group AB (publ). Dustin Group AB (publ) (OM:DUST) completed the acquisition of Centralpoint Holding B.V. from Rotla B.V. on June 3, 2021.Recent Insider Transactions • Apr 24President & CEO recently bought €227k worth of stockOn the 22nd of April, Thomas Ekman bought around 23k shares on-market at roughly €9.85 per share. This was the largest purchase by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months.Reported Earnings • Apr 15Second quarter 2021 earnings released: EPS kr1.38 (vs kr1.04 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr3.68b (up 4.0% from 2Q 2020). Net income: kr122.4m (up 33% from 2Q 2020). Profit margin: 3.3% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr10.73, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 43x in the Online Retail industry in Germany. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.61 per share.Is New 90 Day High Low • Feb 12New 90-day high: €8.30The company is up 44% from its price of €5.77 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.62 per share.Is New 90 Day High Low • Jan 27New 90-day high: €7.53The company is up 43% from its price of €5.25 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.07 per share.Analyst Estimate Surprise Post Earnings • Jan 18Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 55% growth forecast for the Online Retail industry in Germany.Analyst Estimate Surprise Post Earnings • Jan 16Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 55% growth forecast for the Online Retail industry in Germany.Analyst Estimate Surprise Post Earnings • Jan 14Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 55% growth forecast for the Online Retail industry in Germany.Analyst Estimate Surprise Post Earnings • Jan 13Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 3.7%, compared to a 55% growth forecast for the Online Retail industry in Germany.Reported Earnings • Jan 13First quarter 2021 earnings released: EPS kr1.02The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: kr3.70b (up 5.4% from 1Q 2020). Net income: kr90.2m (up 5.3% from 1Q 2020). Profit margin: 2.4% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.이익 및 매출 성장 예측DB:9DG - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수8/31/202822,77527836855228/31/202721,80621031149728/31/202621,2109442761122/28/202621,113-36265428N/A11/30/202521,112-2,579184349N/A8/31/202520,407-2,631-243-74N/A5/31/202520,339-2,717-541-356N/A2/28/202520,704-2,66233236N/A11/30/202420,471-58-365-145N/A8/31/202421,48253-98147N/A5/31/202421,582139264525N/A2/29/202421,710135250503N/A11/30/202322,735141695954N/A8/31/202323,577174379619N/A5/31/202324,233254483701N/A2/28/202324,545315-219-8N/A11/30/202224,411378-71131N/A8/31/202223,601478393584N/A5/31/202222,71746082258N/A2/28/202220,036455295443N/A11/30/202117,158433161272N/A8/31/202115,02835784169N/A5/31/202113,042360340411N/A2/28/202113,099312896971N/A11/30/202013,383282824908N/A8/31/202013,195277761868N/A5/31/202013,347282812919N/A2/29/202013,245299450552N/A11/30/201912,917331N/A540N/A8/31/201912,536356N/A264N/A5/31/201912,034353N/A252N/A2/28/201911,327372N/A373N/A11/30/201810,835340N/A243N/A8/31/201810,301305N/A748N/A5/31/201810,039283N/A675N/A2/28/20189,834264N/A432N/A11/30/20179,614247N/A362N/A8/31/20179,306239N/A214N/A5/31/20178,996216N/A152N/A2/28/20178,727220N/A408N/A11/30/20168,461217N/A553N/A8/31/20168,301225N/A447N/A5/31/20168,108228N/A499N/A2/29/20168,038213N/A280N/A11/30/20157,990165N/A327N/A8/31/20157,934118N/A59N/A5/31/20157,83070N/A55N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9DG 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 9DG (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 9DG 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 9DG 의 수익(연간 3.1%)이 German 시장(연간 6.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 9DG 의 수익(연간 3.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9DG의 자본 수익률은 3년 후 3.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 10:23종가2026/05/11 00:00수익2026/02/28연간 수익2025/08/31데이터 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 소스Dustin Group AB (publ)는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierMikael LaséenCarnegie Investment Bank ABCarolina ElvindDanske Bank2명의 분석가 더 보기
공지 • Nov 27Dustin Group AB (publ) Provides Earnings Guidance for the First Quarter of 2025Dustin Group AB (publ) provided earnings guidance for the first quarter of 2025. For the period, the company's group sales are expected to decline by around 20%, compared to the previous year.
공지 • Sep 13Dustin Group AB (Publ) Provides Earnings Guidance for the Fourth Quarter of 2024Dustin Group AB (publ) provided earnings guidance for the fourth quarter of 2024. The company publishes an earnings update for the fourth quarter 2023/24 after compiling preliminary financial results for August. The company is expected to report net sales of approximately SEK 5.0 billion (5.1) The development in the seasonally weaker fourth quarter has resulted in an unfavorable sales mix between countries and customer groups. The change in the sales mix deviate from normal seasonal patterns and is ??explained by a high proportion of sales to the public sector combined with a high proportion of sales in new contracts with initially lower margins within segment LCP. The demand in the SMB segment has remained weak. In addition, the adjusted EBITA has been charged with one-off costs of the equivalent of approximately SEK 20 million in the quarter, attributable to an adjustment of a previous insurance case.
공지 • Feb 20Dustin Group AB Announces Management Changes, Effective April 13, 2026Dustin Group AB announced changes to its management team. Pontus Cederberg, currently EVP Relation Sales, would assume the role of EVP Relation Sales Nordic. Recruitment for the position of EVP Relation Sales Benelux was underway. Monika Gullin was appointed Chief Technology Officer (CTO) and member of the Group Management Team and would take up her position on April 13, 2026. Monika most recently held the position of CTO at Nuuday and had previously held positions including Head of IT Consumer Sweden at Tele2 and CIO at Com Hem.
공지 • Dec 11Dustin Group AB (publ) Elects Carl Mellander as New Member of the BoardDustin Group AB announced that at its AGM held on December 11, 2025, the shareholders elected Carl Mellander as new member of the Board.
공지 • Nov 18+ 1 more updateDustin Group AB (publ) to Report Fiscal Year 2026 Results on Oct 08, 2026Dustin Group AB (publ) announced that they will report fiscal year 2026 results on Oct 08, 2026
공지 • Oct 21Dustin Group AB (Publ) Announces CEO Changes, Effective November 10, 2025Dustin Group AB (publ) announced thast Johan Karlsson has, in agreement with the Board, decided to step down from his role as CEO. At the same time, the Board has appointed Samuel Skott as the new CEO. Samuel Skott will assume the role of CEO on 10 November 2025, and Johan Karlsson will remain available during his 12-month notice period to ensure a smooth handover. Samuel most recently served as CEO of the technology consultancy HiQ and, prior to that, he held among other positions, the role of CEO of Tele2 Sweden.
공지 • Oct 16+ 1 more updateDustin Group AB (publ), Annual General Meeting, Dec 11, 2025Dustin Group AB (publ), Annual General Meeting, Dec 11, 2025.
공지 • Jul 08+ 2 more updatesDustin Group AB (publ) to Report Q3, 2026 Results on Jul 01, 2026Dustin Group AB (publ) announced that they will report Q3, 2026 results at 9:00 AM, Central European Standard Time on Jul 01, 2026
공지 • Jun 29Dustin Group AB (Publ) Announces Changes to the Nomination CommitteeDustin Group AB (publ) announced that due to recent changes in ownership of shares in Dustin Group, Mikael Olsson, Nordanland, will become a member of the Nomination Committee. Mikael Olsson replaces Jens Browaldh, Altor. Effective from now, the Nomination Committee consists of the following members: Marie Ehrling, Axel Johnson AB, Chair of the Nomination Committee, Lise Børresen, DNB, Mikael Olsson, Nordanland and Tomas Franzén, Chair of the Dustin Board (adjunct).
공지 • Apr 03Dustin Group AB (publ) Reports Impairment Charges for the Second Quarter 2025Dustin Group AB (publ) reported impairment charges for the second quarter 2025. For the period, the company reported non-cash impairment of primarily goodwill of negative SEK 2,500 million related to continued uncertainty regarding current and future market conditions as well as a strategic adaptation of the service offering.
공지 • Apr 02Dustin Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 1.25 billion.Dustin Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 1.25 billion. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Rights Offering
공지 • Dec 13Dustin Group AB (publ) Approves Board AppointmentsDustin Group AB (publ) at its AGM, held on December 12, 2024, elected Hanna Graflund Sleyman and Henrik Theilbjørn as new members of the Board. The AGM elected Tomas Franzén as new Chair of the Board.
공지 • Nov 27Dustin Group AB (publ) Provides Earnings Guidance for the First Quarter of 2025Dustin Group AB (publ) provided earnings guidance for the first quarter of 2025. For the period, the company's group sales are expected to decline by around 20%, compared to the previous year.
공지 • Nov 13Pontus Cederberg Becomes Acting EVP Relation Sales and Member of Dusin's Group Management Team, Effective December 1, 2024Pontus Cederberg becomes acting EVP Relation Sales and member of Dusin's Group Management Team. Pontus is currently VP SMB Sales Nordic at Dustin and takes up his new role on December 1, 2024. Pontus has been working at Dustin since 2017 in multiple roles with sales responsibility. The role as EVP Relation Sales is new in conjunction with the organisational update announced on October 16, 2024.
공지 • Nov 04Dustin Group AB Announces Thomas Ekman Declines Re-Election as Chairman of the Board, Effective December 12, 2024Dustin Group AB announced that Thomas Ekman has informed that he is not available for re-election as Chairman of the Board or as a member of the board of Dustin. The background is that he is leaving his role as CEO of Axel Johnson. Thomas will stay as Chairman of the Board until the Annual General Meeting on 12 December 2024.
Reported Earnings • Oct 16Full year 2024 earnings released: EPS: kr0.14 (vs kr1.54 in FY 2023)Full year 2024 results: EPS: kr0.14 (down from kr1.54 in FY 2023). Revenue: kr21.5b (down 8.9% from FY 2023). Net income: kr53.0m (down 70% from FY 2023). Profit margin: 0.2% (down from 0.7% in FY 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year whereas the company’s share price has fallen by 60% per year.
공지 • Oct 16Dustin Group AB (Publ) Announces Executive ChangesDustin Group AB (publ) appointed Cecilia Ridal as COO. Rebecca Tallmark, EVP SMB chooses to leave Dustin. John Karlson to be acting until the recruitment is concluded.
공지 • Oct 02Dustin Group AB (Publ) Announces Leaving of Alexandra Fürst as COOAlexandra Fürst has announced that she is leaving her position as COO of Dustin Group AB (publ). She will stay at Dustin until a replacement has been recruited or until March 2025 the latest. The recruitment of a replacement will begin immediately. With her leadership and commitment, Alexandra has been very important for the successful integration of the operations in Benelux and the Nordics and for building their common culture.
공지 • Sep 13Dustin Group AB (Publ) Provides Earnings Guidance for the Fourth Quarter of 2024Dustin Group AB (publ) provided earnings guidance for the fourth quarter of 2024. The company publishes an earnings update for the fourth quarter 2023/24 after compiling preliminary financial results for August. The company is expected to report net sales of approximately SEK 5.0 billion (5.1) The development in the seasonally weaker fourth quarter has resulted in an unfavorable sales mix between countries and customer groups. The change in the sales mix deviate from normal seasonal patterns and is ??explained by a high proportion of sales to the public sector combined with a high proportion of sales in new contracts with initially lower margins within segment LCP. The demand in the SMB segment has remained weak. In addition, the adjusted EBITA has been charged with one-off costs of the equivalent of approximately SEK 20 million in the quarter, attributable to an adjustment of a previous insurance case.
Reported Earnings • Jul 04Third quarter 2024 earnings released: EPS: kr0.06 (vs kr0.21 in 3Q 2023)Third quarter 2024 results: EPS: kr0.06. Revenue: kr5.45b (down 2.3% from 3Q 2023). Net income: kr27.4m (up 17% from 3Q 2023). Profit margin: 0.5% (up from 0.4% in 3Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany.
공지 • Jul 02+ 4 more updatesDustin Group AB (publ) to Report Fiscal Year 2025 Final Results on Nov 18, 2025Dustin Group AB (publ) announced that they will report fiscal year 2025 final results on Nov 18, 2025
Recent Insider Transactions • Apr 22Chairman recently bought €11m worth of stockOn the 16th of April, Thomas Ekman bought around 10m shares on-market at roughly €1.18 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Thomas has been a buyer over the last 12 months, purchasing a net total of €26m worth in shares.
Reported Earnings • Apr 11Second quarter 2024 earnings released: EPS: kr0.18 (vs kr0.72 in 2Q 2023)Second quarter 2024 results: EPS: kr0.18 (down from kr0.72 in 2Q 2023). Revenue: kr5.25b (down 16% from 2Q 2023). Net income: kr76.0m (down 6.4% from 2Q 2023). Profit margin: 1.4% (up from 1.3% in 2Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings.
Recent Insider Transactions • Feb 06Chairman recently bought €529k worth of stockOn the 1st of February, Thomas Ekman bought around 500k shares on-market at roughly €1.06 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €4.7m. Thomas has been a buyer over the last 12 months, purchasing a net total of €15m worth in shares.
Recent Insider Transactions • Jan 29Chairman recently bought €4.1m worth of stockOn the 24th of January, Thomas Ekman bought around 4m shares on-market at roughly €1.03 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €4.7m. Thomas has been a buyer over the last 12 months, purchasing a net total of €14m worth in shares.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.03, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Electronic industry in Germany. Total loss to shareholders of 72% over the past three years.
Recent Insider Transactions • Jan 18Chairman recently bought €4.7m worth of stockOn the 10th of January, Thomas Ekman bought around 5m shares on-market at roughly €0.94 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Thomas has been a buyer over the last 12 months, purchasing a net total of €10m worth in shares.
Reported Earnings • Jan 10First quarter 2024 earnings released: EPS: kr0.29 (vs kr0.59 in 1Q 2023)First quarter 2024 results: EPS: kr0.29 (down from kr0.59 in 1Q 2023). Revenue: kr5.79b (down 13% from 1Q 2023). Net income: kr32.9m (down 50% from 1Q 2023). Profit margin: 0.6% (down from 1.0% in 1Q 2023). Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings.
Board Change • Dec 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Stina Andersson was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Dec 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 300% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (300% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
공지 • Nov 29AxMedia AB acquired additional 3.86% stake in Dustin Group AB (publ) (OM:DUST) for SEK 36 million.AxMedia AB acquired additional 3.86% stake in Dustin Group AB (publ) (OM:DUST) for SEK 36 million on November 23, 2023. Pursuant to transaction, AxMedia acquired 4.4 million shares, increasing its ownership in Dustin to 40.1%. AxMedia AB completed the acquisition of additional 3.86% stake in Dustin Group AB (publ) (OM:DUST) on November 23, 2023.
Recent Insider Transactions • Nov 24Director recently bought €1.8m worth of stockOn the 20th of November, Thomas Ekman bought around 3m shares on-market at roughly €0.64 per share. This transaction amounted to less than 1% of their direct individual holding 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.
New Risk • Nov 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (€75.5m market cap, or US$82.0m).
New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €70.2m (US$75.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (€70.2m market cap, or US$75.1m).
Reported Earnings • Nov 13Full year 2023 earnings released: EPS: kr1.54 (vs kr4.22 in FY 2022)Full year 2023 results: EPS: kr1.54 (down from kr4.22 in FY 2022). Revenue: kr23.6b (flat on FY 2022). Net income: kr173.9m (down 64% from FY 2022). Profit margin: 0.7% (down from 2.0% in FY 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.06, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 11x in the Electronic industry in Germany. Total loss to shareholders of 79% over the past three years.
New Risk • Oct 11New 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 6.2% 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 Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
Reported Earnings • Oct 11Full year 2023 earnings released: EPS: kr1.54 (vs kr4.22 in FY 2022)Full year 2023 results: EPS: kr1.54 (down from kr4.22 in FY 2022). Revenue: kr23.6b (flat on FY 2022). Net income: kr173.9m (down 64% from FY 2022). Profit margin: 0.7% (down from 2.0% in FY 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Jun 29Third quarter 2023 earnings released: EPS: kr0.21 (vs kr0.75 in 3Q 2022)Third quarter 2023 results: EPS: kr0.21 (down from kr0.75 in 3Q 2022). Revenue: kr5.58b (down 5.3% from 3Q 2022). Net income: kr23.4m (down 72% from 3Q 2022). Profit margin: 0.4% (down from 1.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.53, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Electronic industry in Germany. Total loss to shareholders of 46% over the past three years.
공지 • Jun 28+ 4 more updatesDustin Group AB (publ) to Report Fiscal Year 2024 Final Results on Nov 17, 2024Dustin Group AB (publ) announced that they will report fiscal year 2024 final results on Nov 17, 2024
공지 • Jun 27Dustin Group AB (publ), Annual General Meeting, Dec 12, 2024Dustin Group AB (publ), Annual General Meeting, Dec 12, 2024.
공지 • Jun 08+ 1 more updateDustin Group AB (publ) Appoints Julia Lagerqvist as Member of the Group Management TeamDustin Group AB (publ) announced that Julia Lagerqvist has been appointed as the new CFO and member of the group management team. She assumes the position on December 11th, 2023 and replaces Johan Ryrberg who is acting CFO. Julia comes most recently from the role as CFO at Scandi Standard. Prior to that, she held a similar position at Kronfågel Sweden and SverigesEnergi Elförsörjning. Julia has a broad international background and experience from companies with a high rate of change.
공지 • Jun 01Dustin Announces Executive Vice President of People, Culture & Sustainability ChangesDustin appointed Jenny Ring as EVP of People, Culture & Sustainability. She assumes her new role and becomes a member of the group management team on June 1st, 2023. Jenny is responsible for Customer Fulfilment at Dustin and has held several leadership roles within Dustin since 2015. Before joining Dustin she was sales director at GE Money Bank. Jenny has extensive experience in leading complex, multinational organizations and has a strong competence within leadership combined with extensive knowledge. Jenny Ring succeeds Martin Lindecrantz, who previously announced he is leaving the company.
공지 • May 23Dustin Group AB (publ) Appoints Members of the Nomination CommitteeDustin Group AB (publ) announced that in accordance with the instructions for the Nomination Committee adopted by Dustin's general meeting, the following members of the Nomination Committee have been appointed, based on the ownership structure as of 31 March 2023. Marie Ehrling, Axel Johnson AB, Chair of the Nomination Committee; Sophie Larsén, AMF Pension & Funds; Jonas Backman, Protector Forsikring ASA; and Mia Brunell Livfors, Chair of the Dustin Board (adjunct).
Reported Earnings • Mar 30Second quarter 2023 earnings released: EPS: kr0.72 (vs kr1.27 in 2Q 2022)Second quarter 2023 results: EPS: kr0.72 (down from kr1.27 in 2Q 2022). Revenue: kr6.27b (up 2.2% from 2Q 2022). Net income: kr81.2m (down 44% from 2Q 2022). Profit margin: 1.3% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공지 • Feb 02+ 3 more updatesDustin Group AB (publ) Announces President ChangesDustin Group AB (publ) announced that Johan Karlsson has been appointed new president of the company. He has been CFO at Dustin since 2009 and takes up his new role on April 3, 2023. Johan succeeds Thomas Ekman who takes over as the new CEO of Axel Johnson. Johan has extensive experience and solid knowledge about Dustin and the market the company operates on. He has taken a large part in developing Dustin's strategy and with his strong leadership is the right person to, with continuity, continue leading the company forward, says Mia Brunell Livfors, Chair of Dustin.
Reported Earnings • Jan 12First quarter 2023 earnings released: EPS: kr0.59 (vs kr1.47 in 1Q 2022)First quarter 2023 results: EPS: kr0.59 (down from kr1.47 in 1Q 2022). Revenue: kr6.64b (up 14% from 1Q 2022). Net income: kr66.3m (down 60% from 1Q 2022). Profit margin: 1.0% (down from 2.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
공지 • Dec 16Dustin Group AB Elects Thomas Ekman as New Member of the BoardDustin Group AB at the Annual General Meeting held on December 15, 2022, elected Thomas Ekman as new member of the Board.
Reported Earnings • Nov 19Full year 2022 earnings released: EPS: kr4.22 (vs kr3.82 in FY 2021)Full year 2022 results: EPS: kr4.22 (up from kr3.82 in FY 2021). Revenue: kr23.6b (up 57% from FY 2021). Net income: kr477.7m (up 34% from FY 2021). Profit margin: 2.0% (down from 2.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less 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. 6 non-independent directors. Independent Director Morten Strand was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Nov 14Dustin Group AB (Publ) Not to Pay Dividend for the Year 2021/22The board of Dustin proposes to the annual general meeting not to pay dividends to the shareholders for the financial year 2021/22. The proposal is based on the general economic situation in combination with the company's ambition to lower the debt ratio at a higher pace.
Reported Earnings • Oct 12Full year 2022 earnings released: EPS: kr4.22 (vs kr3.82 in FY 2021)Full year 2022 results: EPS: kr4.22 (up from kr3.82 in FY 2021). Revenue: kr23.6b (up 49% from FY 2021). Net income: kr477.7m (up 34% from FY 2021). Profit margin: 2.0% (down from 2.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공지 • Oct 12Dustin Group AB (publ) to Report Fiscal Year 2023 Final Results on Nov 11, 2023Dustin Group AB (publ) announced that they will report fiscal year 2023 final results on Nov 11, 2023
공지 • Oct 11+ 4 more updatesDustin Group AB (publ) Announces the Resignation of Thomas Ekman as CEODustin Group AB (publ)'s president and CEO, Thomas Ekman, has announced his intention to leave his position during 2023 to take on the position as CEO for Axel Johnson in September 2023. The search process for his successor will be initiated immediately. Thomas Ekman will remain as CEO during his notice period of six months or until a new CEO has been recruited. Thomas has, together with his team, taken Dustin from a Nordic to a European company with a clear strategy for long-term profitable and sustainable growth. The strong development has been possible through Thomas leadership, characterised by courage and ambition. With his focus on both people and the business he has built a strong team and strengthened Dustin's brand. Thomas Ekman has been CEO of Dustin since 2018.
공지 • Oct 04Dustin Group AB (publ) to Report Q4, 2022 Results on Oct 11, 2022Dustin Group AB (publ) announced that they will report Q4, 2022 results on Oct 11, 2022
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €4.01, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 37% over the past three years.
Reported Earnings • Jul 06Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr5.89b (flat on 3Q 2021). Net income: kr84.7m (up 6.8% from 3Q 2021). Profit margin: 1.4% (up from null in 3Q 2021). Over the next year, revenue is forecast to grow 6.3%, compared to a 35% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €5.86, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 19% over the past three years.
공지 • May 31Dustin Group AB (Publ) Announces Nomination Committee AppointmentsDustin Group AB (publ) announced that following members of the Nomination Committee have been appointed, based on the ownership structure as of 31 March 2022. Marie Ehrling, Axel Johnson AB, Chair of the Nomination Committee. Tomas Risbecker, AMF Pension & Funds. Hans Christian Bratterud, ODIN Funds and Mia Brunell Livfors, Chair of the Dustin Board.
Board Change • Apr 27Less 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. 6 non-independent directors. Independent Director Morten Strand was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 07Second quarter 2022 earnings released: EPS: kr1.27 (vs kr1.38 in 2Q 2021)Second quarter 2022 results: EPS: kr1.27. Revenue: kr6.61b (up 80% from 2Q 2021). Net income: kr144.1m (up 18% from 2Q 2021). Profit margin: 2.2% (down from 3.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 44% growth forecast for the industry in Germany.
Reported Earnings • Jan 13First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: kr1.47 (up from kr1.02 in 1Q 2021). Revenue: kr6.25b (up 69% from 1Q 2021). Net income: kr166.0m (up 84% from 1Q 2021). Profit margin: 2.7% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 24%, compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Upcoming Dividend • Dec 09Upcoming dividend of kr2.21 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 22 December 2021. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (0.3%).
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to €9.64, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 35x in the Online Retail industry in Germany. Total returns to shareholders of 52% over the past three years.
Executive Departure • Oct 12Senior VP & Chief Human Resource Officer Luuk Slaats has left the companyOn the 1st of October, Luuk Slaats' tenure as Senior VP & Chief Human Resource Officer ended. We don't have any record of a personal shareholding under Luuk's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 3.25 years.
Reported Earnings • Oct 07Full year 2021 earnings released: EPS kr3.82 (vs kr3.13 in FY 2020)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: kr15.9b (up 20% from FY 2020). Net income: kr357.0m (up 29% from FY 2020). Profit margin: 2.2% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공지 • Aug 25Dustin Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 1.211987 billion.Dustin Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 1.211987 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 16,159,825 Price\Range: SEK 75 Transaction Features: Rights Offering
Reported Earnings • Jul 03Third quarter 2021 earnings released: EPS kr0.89 (vs kr0.35 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr3.39b (up 3.8% from 3Q 2020). Net income: kr79.3m (up 155% from 3Q 2020). Profit margin: 2.3% (up from 1.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Executive Departure • Jun 26Executive Vice President of Supply Chain Jenny Ring has left the companyOn the 22nd of June, Jenny Ring's tenure as Executive Vice President of Supply Chain ended. As of March 2021, Jenny still personally held only 6.19k shares (€26k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years.
Executive Departure • Jun 26Executive Vice President of Services & Solutions Nordic Alexandra Drevenlid has left the companyOn the 22nd of June, Alexandra Drevenlid's tenure as Executive Vice President of Services & Solutions Nordic ended. We don't have any record of a personal shareholding under Alexandra's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years.
공지 • Jun 04Dustin Group AB (publ) (OM:DUST) completed the acquisition of Centralpoint Holding B.V. from Rotla B.V.Dustin Group AB (publ) (OM:DUST) entered into an agreement to acquire Centralpoint Holding B.V. from Rotla B.V. for SEK 4.3 billion on April 13, 2021. The total consideration comprises 8,254,587 newly issued shares in Dustin and the remaining part in cash. The acquisition will be on cash and debt free basis. In a related transaction, Dustin intends to, as part of the long-term financing of the acquisition, propose a rights issue of approximately SEK 1.2 billion expected to be carried out during the second half of 2021. The transaction will be financed through a combination of issue of new shares, cash and debt facilities. Dustin has secured bridge financing with Swedbank with a maturity of 24 months (the “Bridge Financing”), in addition to its existing facilities with the same bank, to finance the cash consideration. In 2020, Centralpoint reported revenue of approximately SEK 7 billion and an EBITA of approximately SEK 280 million. The transaction is subject to compliance with works council proceedings and customary closing conditions, including merger control clearance from the Dutch competition authority. As on May 18, 2021, Dustin Group's Extraordinary General Meeting resolved to authorise the Board on a new issue of 8,254,587 shares, equivalent to approximately 8.5% of the outstanding shares in Dustin. As of June 2, 2021, all closing conditions for completion of acquisition of Centralpoint Holding B.V. have been fulfilled. Completion of the acquisition is planned to take place on June 3, 2021. The acquisition is expected to generate annual synergies of approximately SEK 150 million, fully implemented by 2023/24. Carnegie Investment Bank AB (publ) acted as financial advisor, Tone Myhre-Jensen, Henrik Wållgren and Anna Green Jensen of Advokatfirman Cederquist KB and Paula Röttorp of Hannes Snellman Attorneys Ltd acted as legal advisors to Dustin Group AB. Hannes Snellman Attorneys Ltd advised Dustin Group in connection with the financing with one of Sweden’s leading banks. Jefferies International Limited acted as financial advisor, Jan-Willem van Rooij and Marcel Buur of Loyens & Loeff N.V. and David Andersson and Louise Brorsson Salomon of Advokatfirman Vinge KB acted as legal advisors to Rotla B.V. BDO acted as accountant to Dustin Group AB (publ). Dustin Group AB (publ) (OM:DUST) completed the acquisition of Centralpoint Holding B.V. from Rotla B.V. on June 3, 2021.
Recent Insider Transactions • Apr 24President & CEO recently bought €227k worth of stockOn the 22nd of April, Thomas Ekman bought around 23k shares on-market at roughly €9.85 per share. This was the largest purchase by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months.
Reported Earnings • Apr 15Second quarter 2021 earnings released: EPS kr1.38 (vs kr1.04 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr3.68b (up 4.0% from 2Q 2020). Net income: kr122.4m (up 33% from 2Q 2020). Profit margin: 3.3% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr10.73, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 43x in the Online Retail industry in Germany. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.61 per share.
Is New 90 Day High Low • Feb 12New 90-day high: €8.30The company is up 44% from its price of €5.77 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.62 per share.
Is New 90 Day High Low • Jan 27New 90-day high: €7.53The company is up 43% from its price of €5.25 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.07 per share.
Analyst Estimate Surprise Post Earnings • Jan 18Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 55% growth forecast for the Online Retail industry in Germany.
Analyst Estimate Surprise Post Earnings • Jan 16Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 55% growth forecast for the Online Retail industry in Germany.
Analyst Estimate Surprise Post Earnings • Jan 14Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 5.4%, compared to a 55% growth forecast for the Online Retail industry in Germany.
Analyst Estimate Surprise Post Earnings • Jan 13Revenue beats expectationsRevenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 3.7%, compared to a 55% growth forecast for the Online Retail industry in Germany.
Reported Earnings • Jan 13First quarter 2021 earnings released: EPS kr1.02The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: kr3.70b (up 5.4% from 1Q 2020). Net income: kr90.2m (up 5.3% from 1Q 2020). Profit margin: 2.4% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.