공고 • Nov 06
Bredband2 i Skandinavien AB (publ), Annual General Meeting, Mar 15, 2026 Bredband2 i Skandinavien AB (publ), Annual General Meeting, Mar 15, 2026. 공고 • Jul 18
Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion. Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion on July 16, 2025. A cash consideration valued at SEK 3.25 per share will be paid by Telia Company AB (publ). As part of consideration, Telia offers SEK 3.25 in cash to each shareholder of Bredband2 for each share in Bredband2 tendered in the Offer. The Offer is made based on the premise that the settlement of the Offer will be completed after the record date for Bredband2’s dividend of SEK 0.05 per share on 19 September 2025. In addition, the Offer entails that Telia allows an extraordinary general meeting of Bredband2 to resolve on an additional dividend of SEK 0.05 per share without affecting the offer of SEK 3.25 per share. The offered consideration represents a premium of approximately 34.9% compared to the closing price of SEK 2.41 for Bredband2’s share on Nasdaq First North Growth Market on 17 July 2025. The acceptance period of the Offer is expected to start on 1 September 2025 and end on 17 October 2025, subject to any extensions. The total number of shares that are subject to the undertakings to accept Telia’s offer amounts to approximately 50.2 per cent of all shares and votes in Bredband2.
The board of directors of Bredband2 unanimously recommends the shareholders of Bredband2 to accept the Offer. Completion of the Offer is conditional upon customary conditions, including that it is accepted to such extent that Telia becomes the owner of more than 90 per cent of the total number of shares in Bredband2 as well as the receipt of all necessary regulatory, governmental or similar clearances, approvals, decisions and other actions from authorities or similar, including from competition authorities, in each case on terms which, in Telia’s opinion, are acceptable. Telia has reserved the right to waive these and the other conditions for the completion of the Offer. The board of directors of Bredband2 has, at the request of Telia, allowed Telia to carry out a limited due diligence review of Bredband2 in connection with the preparations of the Offer. The expected completion of the transaction is October 17, 2025.
Ernst & Young Aktiebolag acted as fairness opinion provider for Bredband2 i Skandinavien AB. Gernandt & Danielsson Advokatbyrå KB acted as legal advisor for Bredband2 i Skandinavien AB. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: kr0.032 (vs kr0.025 in 3Q 2023) Third quarter 2024 results: EPS: kr0.032 (up from kr0.025 in 3Q 2023). Revenue: kr438.3m (up 9.4% from 3Q 2023). Net income: kr30.6m (up 30% from 3Q 2023). Profit margin: 7.0% (up from 5.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. 공고 • Nov 07
Bredband2 i Skandinavien AB (publ), Annual General Meeting, Mar 19, 2025 Bredband2 i Skandinavien AB (publ), Annual General Meeting, Mar 19, 2025. Upcoming Dividend • Sep 12
Upcoming dividend of kr0.04 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 25 September 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.8%). 공고 • Aug 13
Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million. Bredband2 i Skandinavien AB (publ) (OM:BRE2) agreed to acquire Bredbandsson AB from Netmore Group AB (publ) for SEK 18.5 million on August 12, 2024. For the period ending December 31, 2023, Bredbandsson AB reported a turnover of SEK 20 million. The transaction is subject to approval from the Inspectorate for Strategic Products. The expected completion of the transaction is September 1, 2024. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: kr0.025 (vs kr0.019 in 2Q 2023) Second quarter 2024 results: EPS: kr0.025 (up from kr0.019 in 2Q 2023). Revenue: kr429.5m (up 9.4% from 2Q 2023). Net income: kr24.4m (up 34% from 2Q 2023). Profit margin: 5.7% (up from 4.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. 공고 • May 08
Bredband2 Announces Chairman of the Board Changes Bredband2 has announced Rolf Johansson as taking over as chairman of the board from Anders Loevgren after fifteen years. Loevgren will remain as vice chairman, and he is still the largest owner with 129 million shares in the company on 31 March, or a 13.48 percent stake. Reported Earnings • May 06
First quarter 2024 earnings released: EPS: kr0.026 (vs kr0.019 in 1Q 2023) First quarter 2024 results: EPS: kr0.026 (up from kr0.019 in 1Q 2023). Revenue: kr414.8m (up 8.3% from 1Q 2023). Net income: kr24.7m (up 39% from 1Q 2023). Profit margin: 5.9% (up from 4.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 13
Upcoming dividend of kr0.05 per share Eligible shareholders must have bought the stock before 20 March 2024. Payment date: 28 March 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.3%). Declared Dividend • Feb 16
Dividend of kr0.05 announced Shareholders will receive a dividend of kr0.05. Ex-date: 20th March 2024 Payment date: 26th March 2024 Dividend yield will be 36%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 47% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: kr0.089 (vs kr0.076 in FY 2022) Full year 2023 results: EPS: kr0.089 (up from kr0.076 in FY 2022). Revenue: kr1.58b (up 3.2% from FY 2022). Net income: kr85.3m (up 17% from FY 2022). Profit margin: 5.4% (up from 4.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Aug 31
Independent Vice Chairman of the Board recently bought €246k worth of stock On the 28th of August, Rolf Johansson bought around 2m shares on-market at roughly €0.12 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Rolf has been a buyer over the last 12 months, purchasing a net total of €716k worth in shares. Recent Insider Transactions • Aug 13
Independent Vice Chairman of the Board recently bought €238k worth of stock On the 10th of August, Rolf Johansson bought around 2m shares on-market at roughly €0.12 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Rolf has been a buyer over the last 12 months, purchasing a net total of €470k worth in shares. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: kr0.019 (vs kr0.014 in 2Q 2022) Second quarter 2023 results: EPS: kr0.019 (up from kr0.014 in 2Q 2022). Revenue: kr392.7m (up 2.6% from 2Q 2022). Net income: kr18.2m (up 38% from 2Q 2022). Profit margin: 4.6% (up from 3.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom 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 13% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Mar 21
CEO, MD & Director recently bought €299k worth of stock On the 15th of March, Daniel Krook bought around 200k shares on-market at roughly €1.50 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Daniel has been a buyer over the last 12 months, purchasing a net total of €403k worth in shares. Upcoming Dividend • Mar 15
Upcoming dividend of kr0.08 per share at 6.0% yield Eligible shareholders must have bought the stock before 22 March 2023. Payment date: 28 March 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.3%). Recent Insider Transactions • Feb 16
Independent Vice Chairman of the Board recently bought €232k worth of stock On the 13th of February, Rolf Johansson bought around 2m shares on-market at roughly €0.12 per share. This transaction amounted to 33% 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 Rolf's only on-market trade for the last 12 months. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: kr0.076 (vs kr0.085 in FY 2021) Full year 2022 results: EPS: kr0.076 (down from kr0.085 in FY 2021). Revenue: kr1.53b (up 1.3% from FY 2021). Net income: kr72.9m (down 10% from FY 2021). Profit margin: 4.8% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: kr0.076 (vs kr0.085 in FY 2021) Full year 2022 results: EPS: kr0.076 (down from kr0.085 in FY 2021). Revenue: kr1.53b (up 1.3% from FY 2021). Net income: kr72.9m (down 10% from FY 2021). Profit margin: 4.8% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Karin Zingmark was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: kr0.017 (vs kr0.017 in 3Q 2021) Third quarter 2022 results: EPS: kr0.017 (in line with 3Q 2021). Revenue: kr382.4m (up 1.1% from 3Q 2021). Net income: kr16.6m (up 2.7% from 3Q 2021). Profit margin: 4.3% (in line with 3Q 2021). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 공고 • Oct 02
Bredband2 Announces CFO Changes Annika Westberg has been appointed new CFO of Bredband2. She will replace Claes Fägersten, who will step down from the position on 30 September 2022. Westberg comes from a position as Deputy CFO of the company. Previously she was CFO of A3, which was acquired by Bredband2 in 2020. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: kr0.014 (vs kr0.025 in 2Q 2021) Second quarter 2022 results: EPS: kr0.014 (down from kr0.025 in 2Q 2021). Revenue: kr382.7m (flat on 2Q 2021). Net income: kr13.2m (down 46% from 2Q 2021). Profit margin: 3.5% (down from 6.4% in 2Q 2021). Over the next year, revenue is forecast to grow 6.6%, compared to a 2.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Karin Zingmark was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Mar 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Karin Zingmark was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Mar 17
Upcoming dividend of kr0.08 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 30 March 2022. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.6%). In line with average of industry peers (3.7%). Recent Insider Transactions • Feb 13
Vice Chairman of the Board recently bought €105k worth of stock On the 11th of February, Rolf Johansson bought around 500k shares on-market at roughly €0.21 per share. This was the largest purchase by an insider in the last 3 months. Rolf has been a buyer over the last 12 months, purchasing a net total of €425k worth in shares. Reported Earnings • Feb 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0.085 (up from kr0.043 in FY 2020). Revenue: kr1.51b (up 92% from FY 2020). Net income: kr81.2m (up 163% from FY 2020). Profit margin: 5.4% (up from 3.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.2%, compared to a 2.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS kr0.017 (vs kr0.026 in 3Q 2020) The company reported a decent third quarter result with improved revenues, although earnings and profit margins were weaker. Third quarter 2021 results: Revenue: kr378.3m (up 108% from 3Q 2020). Net income: kr16.1m (down 12% from 3Q 2020). Profit margin: 4.3% (down from 10.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 08
Second quarter 2021 earnings released: EPS kr0.025 (vs kr0.018 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: kr380.6m (up 112% from 2Q 2020). Net income: kr24.4m (up 98% from 2Q 2020). Profit margin: 6.4% (down from 6.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.