View ValuationBeijer Ref 향후 성장Future 기준 점검 2/6Beijer Ref (는) 각각 연간 8.9% 및 5.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 8.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12% 로 예상됩니다.핵심 정보8.9%이익 성장률8.94%EPS 성장률Trade Distributors 이익 성장13.3%매출 성장률5.1%향후 자기자본이익률11.95%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 22Now 21% overvaluedOver the last 90 days, the stock has fallen 4.1% to kr130. The fair value is estimated to be kr108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 8.9% per annum over the same time period.Declared Dividend • May 20Dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 26th October 2026 Payment date: 30th October 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 21%.공시 • Apr 24+ 1 more updateBeijer Ref AB (publ) Approves Dividend for the Financial Year 2025, Payable on 30 April 2026 and on 30 October 2026Beijer Ref AB (publ) at its AGM held on April 23, 2026, resolved to pay a dividend of SEK 1.50 per share for the financial year 2025. The dividend shall be paid in two instalments, the first with SEK 0.75 per share with 27 April 2026 as record date and the second with SEK 0.75 per share with 27 October 2026 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 30 April 2026 and on 30 October 2026.공시 • Mar 20Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2026Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2026, at 14:00 W. Europe Standard Time. Location: malmo borshus, skeppsbron 2, malmo Sweden공시 • Jan 30Beijer Ref AB (Publ) Proposes Dividend for the Financial Year 2025The Board of Directors of Beijer Ref AB (publ) proposed a dividend of SEK 1.50 per share (1.40) for the year 2025, corresponding to 31% (32) of net profit for the year attributable to the parent company's shareholders, excluding items affecting comparability. This corresponds to an increase in the dividend of 7%. The Board of Directors proposes that the dividend be paid in two instalments to accommodate the Group's seasonal variations. The Board of Directors' final proposal for dividend per share will be presented no later than in connection with the notice to the Annual General Meeting.공시 • Jan 28Beijer Ref AB Announces Kate Swann Will Not Stand for Re-Election as Chair of the BoardBeijer Ref AB has announced that Kate Swann will not stand for re-election as Chair of the Board at the forthcoming Annual General Meeting.공시 • Jan 21Beijer Ref AB (publ) (OM:BEIJ B) acquired 75% stake in Idema Clima Srl.Beijer Ref AB (publ) (OM:BEIJ B) acquired 75% stake in Idema Clima Srl on January 20, 2026. Beijer Ref has an option to acquire the remaining shares. The company will continue to operate under its own brand. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. Idema has an annual turnover of approximately SEK 200 million. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition 75% stake in Idema Clima Srl on January 20, 2026.공시 • Dec 16+ 1 more updateBeijer Ref AB (publ) to Report Q4, 2026 Results on Jan 29, 2027Beijer Ref AB (publ) announced that they will report Q4, 2026 results on Jan 29, 2027공시 • Dec 15+ 2 more updatesBeijer Ref AB (publ) to Report Q2, 2026 Results on Jul 17, 2026Beijer Ref AB (publ) announced that they will report Q2, 2026 results on Jul 17, 2026공시 • Oct 21Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Airwave OÜ.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Airwave OÜ on October 20, 2025. Upon completion, Airwave OÜ will continue to operate under its own brand and Beijer Ref will have an option to acquire the remaining shares in Airwave OÜ. For the period ending December 31, 2024, Airwave OÜ reported total revenue of SEK 600 million. The transaction needs to be approved by the competition authority in Estonia as conditions of closing. Robin Viia of Superia Corporate Finance acted as sole financial advisor to the founders of Airwave OÜ.공시 • Apr 24Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2024, Payable on 2 May 2025 and on 30 October 2025Beijer Ref AB (publ) at its AGM held on April 24, 2025, approved to pay a dividend of SEK 1.40 per share for the financial year 2024. The dividend shall be paid in two instalments, the first with SEK 0.70 per share with 28 April 2025 as record date and the second with SEK 0.70 per share with 27 October 2025 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 2 May 2025 and on 30 October 2025.공시 • Mar 20Beijer Ref AB (publ), Annual General Meeting, Apr 24, 2025Beijer Ref AB (publ), Annual General Meeting, Apr 24, 2025, at 14:00 W. Europe Standard Time. Location: at glasklart, dockplatsen 1, in malmo, Sweden공시 • Mar 15+ 2 more updatesBeijer Ref AB (publ) to Report Q3, 2025 Results on Oct 24, 2025Beijer Ref AB (publ) announced that they will report Q3, 2025 results on Oct 24, 2025공시 • Feb 01+ 1 more updateBeijer Ref AB (publ) to Report Q1, 2025 Results on Apr 24, 2025Beijer Ref AB (publ) announced that they will report Q1, 2025 results at 8:30 AM, Central European Standard Time on Apr 24, 2025공시 • Jan 03Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 80% stake in Cool4u Kft.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft on June 19, 2024. Beijer Ref has an option to acquire the remaining shares of Cool4u. Cool4U will continue to operate under its own brand, in both distribution and marketing. The parties have signed a binding agreement; however, the transaction needs to be approved by the competition authority in Hungary and an FDI (Foreign Direct Investment) screening will also be carried out as conditions of closing. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. The company has an annual turnover of approximately SEK 500 million and with good profitability. Tamás Simonyi of KPMG Hungary acted as financial advisor to Cool4U Kft. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 80% stake in Cool4u Kft on January 03, 2025.공시 • Oct 16Beijer Ref AB (Publ) Appoints Nomination CommitteeBeijer Ref Nomination Committee shall consist of five members. The members should be one representative of each of the five largest shareholders in terms of voting rights based on the known shareholding as per the last trading day in August, that wish to participate in the committee. This year's Nomination Committee consists of the following members: Juho Frilander (EQT), Joen Magnusson (own and related parties' holdings), Per Bertland (own and related parties' holdings), Vegard Torsnes (Norges Bank), Patricia Hedelius (AMF Tjänstepension och Fonder) Juho Frilander has been appointed Chairperson of the Nomination Committee. The Nomination Committee will prepare proposals for the Annual General Meeting in 2025 regarding Board members, Chairperson of the Board of Directors, Chairperson of the Annual Meeting, Auditors, remuneration of the Board of Directors, the Auditors, Committee work, and to the extent deemed necessary, proposal regarding amendments of the current instruction for the Nomination Committee.공시 • Jun 19Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft on June 19, 2024. Beijer Ref has an option to acquire the remaining shares of Cool4u. Cool4U will continue to operate under its own brand, in both distribution and marketing. The parties have signed a binding agreement; however, the transaction needs to be approved by the competition authority in Hungary and an FDI (Foreign Direct Investment) screening will also be carried out as conditions of closing. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. The company has an annual turnover of approximately SEK 500 million and with good profitability.공시 • Apr 24Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2023, Payable on 30 April 2024 and 30 October 2024Beijer Ref AB (publ) at its AGM held on April 23, 2024, in accordance with the board of directors' proposal, the meeting resolved to pay a dividend of SEK 1.30 per share for the financial year 2023. The dividend shall be paid in two instalments, the first with SEK 0.65 per share with 25 April 2024 as record date and the second with SEK 0.65 per share with 25 October 2024 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 30 April 2024 and on 30 October 2024.공시 • Mar 21Beijer Ref AB (publ) Proposes Dividend, Payable on 30 April 2024 and 30 October 2024Beijer Ref AB (publ) announced that at its AGM to be held on 23 April 2024, to propose dividend: From the available unappropriated earnings of SEK 15,342,626,017, dividend shall be paid in the total amount of SEK 1.30 per share. Payment shall be made in two instalments of SEK 0.65 per share for the first instalment and SEK 0.65 per share for the second instalment. It is proposed that the record date for the first instalment be 25 April 2024 and for the second instalment 25 October 2024. If the Annual General Meeting resolves to accept this proposal, the first instalment will be due to be paid from Euroclear on 30 April 2024 and the second instalment on 30 October 2024.공시 • Jan 23Beijer Ref AB (publ) to Report Fiscal Year 2023 Results on Mar 28, 2024Beijer Ref AB (publ) announced that they will report fiscal year 2023 results on Mar 28, 2024공시 • Dec 13Beijer Ref AB (publ) to Report Q4, 2024 Results on Jan 31, 2025Beijer Ref AB (publ) announced that they will report Q4, 2024 results at 8:30 AM, Central European Standard Time on Jan 31, 2025공시 • Dec 09+ 2 more updatesBeijer Ref AB (publ) to Report Q3, 2024 Results on Oct 24, 2024Beijer Ref AB (publ) announced that they will report Q3, 2024 results at 8:30 AM, Central Europe Standard Time on Oct 24, 2024공시 • Nov 03Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd on November 2, 2023. For FY 2022, Turner had an annual turnover of approximately SEK 200 million.공시 • Oct 13+ 1 more updateBeijer Ref AB (publ), Annual General Meeting, Apr 23, 2024Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2024.공시 • Jun 01Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD on June 1, 2023. The company, which is a distributor of heat pumps, geothermal energy products and HVAC components, has an annual turnover of approximately SEK 75 million.공시 • May 18+ 1 more updateBeijer Ref AB (publ) Announces CFO ChangeBeijer Ref AB has appointed Joel Davidsson as CFO. Ulf will remain in his position to support an efficient transition for Joel Davidsson, who will join Beijer Ref latest in November 2023. Beijer Ref and Ulf Berghult, Executive Vice President (EVP) and CFO, have mutually agreed that Ulf will transition out of the company in the next 6 months. Joel most recently comes from the role as CFO at ROSTI Group. Prior to that he served as Head of Group Finance and Investor Relations at Alfa Laval, CFO roles within Assa Abloy Entrance Systems and Head of Group Business Control at BE Group. Joel will play an important role in Beijer Ref's growth journey going forward and will continue to drive and execute the company's strategic priorities. He holds a Master of Science in Economics and Business Administration, with a major in Finance.공시 • Jan 31Beijer Ref AB (Publ) Proposes DividendThe board of Beijer Ref AB (publ) proposed a dividend amounting to a total of SEK 475 million (419), corresponding to 38% (43) of the year's profit.공시 • Jan 16Beijer Ref AB (publ) to Report Fiscal Year 2022 Results on Apr 04, 2023Beijer Ref AB (publ) announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Apr 04, 2023공시 • Jan 13+ 2 more updatesBeijer Ref AB (publ) to Report Q4, 2023 Results on Jan 31, 2024Beijer Ref AB (publ) announced that they will report Q4, 2023 results at 8:30 AM, Central European Standard Time on Jan 31, 2024Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr169, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 17x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 246% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr98.78 per share.Recent Insider Transactions • Feb 09Director recently bought kr1.5m worth of stockOn the 8th of February, Per Bertland bought around 10k shares on-market at roughly kr145 per share. In the last 3 months, they made an even bigger purchase worth kr1.5m. Despite this recent purchase, insiders have collectively sold kr69m more in shares than they bought in the last 12 months.Recent Insider Transactions • Jan 30Director recently bought kr1.5m worth of stockOn the 28th of January, Per Bertland bought around 10k shares on-market at roughly kr152 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr70m more in shares than they bought in the last 12 months.Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr2.57 (up from kr1.90 in FY 2020). Revenue: kr17.0b (up 21% from FY 2020). Net income: kr979.0m (up 36% from FY 2020). Profit margin: 5.8% (up from 5.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 18%, compared to a 4.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr162, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 21x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 215% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr88.85 per share.Recent Insider Transactions • Oct 27Director recently bought kr1.6m worth of stockOn the 25th of October, Per Bertland bought around 9k shares on-market at roughly kr180 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr77m more in shares than they bought in the last 12 months.Reported Earnings • Oct 20Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: kr4.35b (up 13% from 3Q 2020). Net income: kr247.0m (up 1.2% from 3Q 2020). Profit margin: 5.7% (down from 6.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.Board Change • Oct 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bill Striebe was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Jul 27Director recently sold kr35m worth of stockOn the 23rd of July, Per Bertland sold around 200k shares on-market at roughly kr173 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr40m more than they bought in the last 12 months.Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS kr0.80 (vs kr0.44 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr4.56b (up 37% from 2Q 2020). Net income: kr302.0m (up 82% from 2Q 2020). Profit margin: 6.6% (up from 5.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jun 04Independent Director recently bought kr1.4m worth of stockOn the 31st of May, Frida Sams bought around 10k shares on-market at roughly kr142 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr5.1m more in shares than they bought in the last 12 months.Reported Earnings • Apr 25First quarter 2021 earnings released: EPS kr0.47 (vs kr0.35 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr3.73b (up 7.3% from 1Q 2020). Net income: kr180.0m (up 35% from 1Q 2020). Profit margin: 4.8% (up from 3.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.Executive Departure • Apr 20Independent Director has left the companyOn the 15th of April, Peter Jurgensen's tenure in the role of Independent Director ended. As of December 2020, Peter personally held 1.68m shares (kr635m worth at the time). A total of 6 executives have left over the last 12 months.Upcoming Dividend • Apr 09Upcoming dividend of kr1.80 per shareEligible shareholders must have bought the stock before 16 April 2021. Payment date: 22 April 2021. Trailing yield: 0.6%. Lower than top quartile of British dividend payers (4.2%). Lower than average of industry peers (1.3%).Reported Earnings • Mar 27Full year 2020 earnings released: EPS kr5.71 (vs kr6.82 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr14.1b (down 5.1% from FY 2019). Net income: kr722.3m (down 16% from FY 2019). Profit margin: 5.1% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. 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 46% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 16+ 1 more updateBeijer Ref AB (Publ) Proposes DividendBeijer Ref AB (publ) Board proposes an unchanged dividend of SEK 3 per share, but with a distribution of SEK 1.80 and SEK 1.20 (SEK 0.40 per share after split), per instalment payment compared with previous proposals of SEK 1.75 and SEK 1.25 per share. The record date for the dividend is 19 April for the first instalment and 8 October 2021 for the second instalment.Executive Departure • Mar 12Independent Chairman Bernt Ingman has left the companyOn the 3rd of March, Bernt Ingman's tenure in the role of Independent Chairman ended. As of December 2020, Bernt personally held 120.00k shares (kr45m worth at the time). A total of 5 executives have left over the last 12 months.Executive Departure • Mar 12Independent Director has left the companyOn the 3rd of March, Monica Gimre's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Monica's name. A total of 5 executives have left over the last 12 months.Executive Departure • Mar 12Independent Director has left the companyOn the 3rd of March, William Striebe's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under William's name. A total of 5 executives have left over the last 12 months.Executive Departure • Mar 12Director has left the companyOn the 3rd of March, Gregory Alcorn's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Gregory's name. A total of 5 executives have left over the last 12 months.공시 • Mar 04Beijer Ref AB (publ) Announces Board ChangesBeijer Ref AB (publ) announced that Bernt Ingman, Bill Striebe, Monica Gimre and Gregory Alcorn had all made their seats available and resigned as board members. The Extraordinary General Meeting General Meeting held on March 3, 2021 resolved, in accordance with the Nomination Committee's proposal, the election of new board members Kate Swann, Albert Gustafsson and Per Bertland for the period until the end of the next Annual General Meeting. Kate Swann was elected new chairman. Furthermore, it was decided that the Board shall consist of six Board members until the Annual General Meeting in April 2021. Joen Magnusson, Peter Jessen Jürgensen and Frida Norrbom Sams remain as board members.Recent Insider Transactions • Feb 06Independent Director recently bought kr101k worth of stockOn the 28th of January, Joen Magnusson bought around 300 shares on-market at roughly kr336 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr6.0m more in shares than they bought in the last 12 months.Recent Insider Transactions • Jan 30Independent Director recently bought kr101k worth of stockOn the 28th of January, Joen Magnusson bought around 300 shares on-market at roughly kr336 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr6.0m more in shares than they bought in the last 12 months.Reported Earnings • Jan 30Full year 2020 earnings released: EPS kr5.71 (vs kr6.82 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr14.1b (down 5.1% from FY 2019). Net income: kr722.0m (down 16% from FY 2019). Profit margin: 5.1% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. 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 47% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 9.3%, compared to a 4.2% growth forecast for the Trade Distributors industry in the United Kingdom.공시 • Jan 29Beijer Ref AB (Publ) Announces Resignation of Per Bertland as CEOBeijer Ref AB (publ) announced that Per Bertland plans to step down as CEO. The transition will take place when a successor has been found or during the latter part of 2021 at the latest. Per intends to remain active within Beijer Ref by making himself available to join the Board of Directors, if supported by the shareholders. Beijer Ref's largest shareholder, EQT Private Equity, has expressed its intention to call for a general meeting whereby they will nominate Per as a member of the Board of Directors.공시 • Jan 28+ 4 more updatesBeijer Ref AB (publ) to Report Q2, 2021 Results on Jul 15, 2021Beijer Ref AB (publ) announced that they will report Q2, 2021 results on Jul 15, 2021Is New 90 Day High Low • Jan 07New 90-day high: kr380The company is up 30% from its price of kr292 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr253 per share.공시 • Jan 01Beijer Ref AB (publ) (OM:BEIJ B) acquired 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek.Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek on December 18, 2020. As per terms of agreement, Beijer Ref AB (publ) the option to acquire the remaining shares. Sinclair’s annual sales amount to SEK 400 million. Sinclair’s products will continue to be distributed and marketed under its own brand with existing sales channels and will also be launched in several of other markets. The transaction is expected to close on December 31, 2020. Vladimír Cížek and Jirí Marek of Schönherr Rechtsanwälte Gmbh acted as legal advisor to Beijer Ref AB (publ) (OM:BEIJ B), Deloitte AB acted as accountant to Beijer Ref AB (publ) (OM:BEIJ B), Novalia acted as legal advisor to Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek and KPMG acted as accountant in the transaction. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek on December 18, 2020.공시 • Dec 20Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group.Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group on December 18, 2020. As per terms of agreement, Beijer Ref AB (publ) the option to acquire the remaining shares. Sinclair’s annual sales amount to SEK 400 million. Sinclair’s products will continue to be distributed and marketed under its own brand with existing sales channels and will also be launched in several of other markets. The transaction is expected to close on December 31, 2020.Recent Insider Transactions • Dec 12Independent Chairman recently sold kr5.9m worth of stockOn the 8th of December, Bernt Ingman sold around 18k shares on-market at roughly kr327 per share. This was the largest sale by an insider in the last 3 months. This was Bernt's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to kr355, the stock is trading at a trailing P/E ratio of 62.2x, up from the previous P/E ratio of 52.6x. This compares to an average P/E of 23x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders over the past three years are 252%.Is New 90 Day High Low • Dec 10New 90-day high: kr334The company is up 2.0% from its price of kr328 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr145 per share.공시 • Oct 10Beijer Ref AB Announces Appointment of Election CommitteeBeijer Ref AB announced appointment of election committee which will consists of he following members: Muriel Makharine (Carrier Corp.), Tommi Saukkoriipi (SEB Investment management), Patricia Hedelius (AMF Pension), Joen Magnusson (own and related parties' holdings, Board member of the Beijer Ref Board of Directors), Bernt Ingman (Chairman of the Beijer Ref Board of Directors). Tommi Saukkoriipi has been appointed chairman of the Election Committee.공시 • Jul 30Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of ACD Trade.Beijer Ref AB (publ) (OM:BEIJ B) have signed a binding agreement to acquire ACD Trade on January 28, 2020. Under the terms of transaction, Beijer Ref AB (publ) will acquire all shares of ACD Trade. ACD Trade reported annual sales of approximately SEK 540 million. ACD Trade will continue in its existing form and will be included in the company’s accounts from February 1, 2020. Transaction is expected to close on January 31, 2020. Transaction is not expected to affect the group’s earnings or financial position significantly but is estimated to produce long-term positive effects on both sales and earnings. KPMG Financial Advisory Services (Australia) Pty Limited acted as financial advisor to ACD Trade. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of ACD Trade effective April 13, 2020.이익 및 매출 성장 예측BATS-CHIXE:BEIJBs - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202843,6173,2933,1094,202812/31/202741,0712,9902,8473,862812/31/202638,6822,6643,0514,06583/31/202636,7182,3253,6504,071N/A12/31/202537,0672,3263,7884,209N/A9/30/202537,6132,4503,3243,702N/A6/30/202537,3812,3752,8063,251N/A3/31/202536,8802,3062,5623,007N/A12/31/202435,6622,2272,6353,080N/A9/30/202434,4822,5353,2163,678N/A6/30/202433,4792,4383,2273,587N/A3/31/202432,4522,4232,3332,693N/A12/31/202332,1502,3751,3931,753N/A9/30/202330,3401,761248695N/A6/30/202327,8281,625-419-199N/A3/31/202325,1131,329-261-41N/A12/31/202222,6381,248-13981N/A9/30/202221,0921,353-1,050-848N/A6/30/202219,4541,176-945-743N/A3/31/202218,0771,069-732-530N/A12/31/202116,905979-11389N/A9/30/202116,041908587772N/A6/30/202115,538905804989N/A3/31/202114,3157691,2841,469N/A12/31/202014,0627221,1451,330N/A9/30/202014,0887231,2961,460N/A6/30/202014,2037331,4241,588N/A3/31/202014,8618291,0521,216N/A12/31/201914,817864N/A1,255N/A9/30/201914,676845N/A1,221N/A6/30/201914,330830N/A828N/A3/31/201913,844820N/A885N/A12/31/201813,015769N/A690N/A9/30/201812,123752N/A380N/A6/30/201811,071660N/A494N/A3/31/201810,217559N/A360N/A12/31/20179,830511N/A502N/A9/30/20179,629464N/A402N/A6/30/20179,535432N/A236N/A3/31/20179,296401N/A256N/A12/31/20169,045389N/A65N/A9/30/20168,872374N/A243N/A6/30/20168,746379N/A341N/A3/31/20168,482364N/A478N/A12/31/20158,361366N/A495N/A9/30/20158,124365N/A500N/A6/30/20157,736351N/A393N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BEIJBs 의 연간 예상 수익 증가율(8.9%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: BEIJBs 의 연간 수익(8.9%)이 UK 시장(11.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: BEIJBs 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: BEIJBs 의 수익(연간 5.1%)이 UK 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: BEIJBs 의 수익(연간 5.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BEIJBs의 자본 수익률은 3년 후 12%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/27 06:46종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스Beijer Ref AB (publ)는 21명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierRajesh PatkiBarclaysSimon JonssonBerenberg18명의 분석가 더 보기
Buy Or Sell Opportunity • May 22Now 21% overvaluedOver the last 90 days, the stock has fallen 4.1% to kr130. The fair value is estimated to be kr108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 8.9% per annum over the same time period.
Declared Dividend • May 20Dividend of kr0.75 announcedShareholders will receive a dividend of kr0.75. Ex-date: 26th October 2026 Payment date: 30th October 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 21%.
공시 • Apr 24+ 1 more updateBeijer Ref AB (publ) Approves Dividend for the Financial Year 2025, Payable on 30 April 2026 and on 30 October 2026Beijer Ref AB (publ) at its AGM held on April 23, 2026, resolved to pay a dividend of SEK 1.50 per share for the financial year 2025. The dividend shall be paid in two instalments, the first with SEK 0.75 per share with 27 April 2026 as record date and the second with SEK 0.75 per share with 27 October 2026 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 30 April 2026 and on 30 October 2026.
공시 • Mar 20Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2026Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2026, at 14:00 W. Europe Standard Time. Location: malmo borshus, skeppsbron 2, malmo Sweden
공시 • Jan 30Beijer Ref AB (Publ) Proposes Dividend for the Financial Year 2025The Board of Directors of Beijer Ref AB (publ) proposed a dividend of SEK 1.50 per share (1.40) for the year 2025, corresponding to 31% (32) of net profit for the year attributable to the parent company's shareholders, excluding items affecting comparability. This corresponds to an increase in the dividend of 7%. The Board of Directors proposes that the dividend be paid in two instalments to accommodate the Group's seasonal variations. The Board of Directors' final proposal for dividend per share will be presented no later than in connection with the notice to the Annual General Meeting.
공시 • Jan 28Beijer Ref AB Announces Kate Swann Will Not Stand for Re-Election as Chair of the BoardBeijer Ref AB has announced that Kate Swann will not stand for re-election as Chair of the Board at the forthcoming Annual General Meeting.
공시 • Jan 21Beijer Ref AB (publ) (OM:BEIJ B) acquired 75% stake in Idema Clima Srl.Beijer Ref AB (publ) (OM:BEIJ B) acquired 75% stake in Idema Clima Srl on January 20, 2026. Beijer Ref has an option to acquire the remaining shares. The company will continue to operate under its own brand. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. Idema has an annual turnover of approximately SEK 200 million. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition 75% stake in Idema Clima Srl on January 20, 2026.
공시 • Dec 16+ 1 more updateBeijer Ref AB (publ) to Report Q4, 2026 Results on Jan 29, 2027Beijer Ref AB (publ) announced that they will report Q4, 2026 results on Jan 29, 2027
공시 • Dec 15+ 2 more updatesBeijer Ref AB (publ) to Report Q2, 2026 Results on Jul 17, 2026Beijer Ref AB (publ) announced that they will report Q2, 2026 results on Jul 17, 2026
공시 • Oct 21Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Airwave OÜ.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Airwave OÜ on October 20, 2025. Upon completion, Airwave OÜ will continue to operate under its own brand and Beijer Ref will have an option to acquire the remaining shares in Airwave OÜ. For the period ending December 31, 2024, Airwave OÜ reported total revenue of SEK 600 million. The transaction needs to be approved by the competition authority in Estonia as conditions of closing. Robin Viia of Superia Corporate Finance acted as sole financial advisor to the founders of Airwave OÜ.
공시 • Apr 24Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2024, Payable on 2 May 2025 and on 30 October 2025Beijer Ref AB (publ) at its AGM held on April 24, 2025, approved to pay a dividend of SEK 1.40 per share for the financial year 2024. The dividend shall be paid in two instalments, the first with SEK 0.70 per share with 28 April 2025 as record date and the second with SEK 0.70 per share with 27 October 2025 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 2 May 2025 and on 30 October 2025.
공시 • Mar 20Beijer Ref AB (publ), Annual General Meeting, Apr 24, 2025Beijer Ref AB (publ), Annual General Meeting, Apr 24, 2025, at 14:00 W. Europe Standard Time. Location: at glasklart, dockplatsen 1, in malmo, Sweden
공시 • Mar 15+ 2 more updatesBeijer Ref AB (publ) to Report Q3, 2025 Results on Oct 24, 2025Beijer Ref AB (publ) announced that they will report Q3, 2025 results on Oct 24, 2025
공시 • Feb 01+ 1 more updateBeijer Ref AB (publ) to Report Q1, 2025 Results on Apr 24, 2025Beijer Ref AB (publ) announced that they will report Q1, 2025 results at 8:30 AM, Central European Standard Time on Apr 24, 2025
공시 • Jan 03Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 80% stake in Cool4u Kft.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft on June 19, 2024. Beijer Ref has an option to acquire the remaining shares of Cool4u. Cool4U will continue to operate under its own brand, in both distribution and marketing. The parties have signed a binding agreement; however, the transaction needs to be approved by the competition authority in Hungary and an FDI (Foreign Direct Investment) screening will also be carried out as conditions of closing. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. The company has an annual turnover of approximately SEK 500 million and with good profitability. Tamás Simonyi of KPMG Hungary acted as financial advisor to Cool4U Kft. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 80% stake in Cool4u Kft on January 03, 2025.
공시 • Oct 16Beijer Ref AB (Publ) Appoints Nomination CommitteeBeijer Ref Nomination Committee shall consist of five members. The members should be one representative of each of the five largest shareholders in terms of voting rights based on the known shareholding as per the last trading day in August, that wish to participate in the committee. This year's Nomination Committee consists of the following members: Juho Frilander (EQT), Joen Magnusson (own and related parties' holdings), Per Bertland (own and related parties' holdings), Vegard Torsnes (Norges Bank), Patricia Hedelius (AMF Tjänstepension och Fonder) Juho Frilander has been appointed Chairperson of the Nomination Committee. The Nomination Committee will prepare proposals for the Annual General Meeting in 2025 regarding Board members, Chairperson of the Board of Directors, Chairperson of the Annual Meeting, Auditors, remuneration of the Board of Directors, the Auditors, Committee work, and to the extent deemed necessary, proposal regarding amendments of the current instruction for the Nomination Committee.
공시 • Jun 19Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft on June 19, 2024. Beijer Ref has an option to acquire the remaining shares of Cool4u. Cool4U will continue to operate under its own brand, in both distribution and marketing. The parties have signed a binding agreement; however, the transaction needs to be approved by the competition authority in Hungary and an FDI (Foreign Direct Investment) screening will also be carried out as conditions of closing. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. The company has an annual turnover of approximately SEK 500 million and with good profitability.
공시 • Apr 24Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2023, Payable on 30 April 2024 and 30 October 2024Beijer Ref AB (publ) at its AGM held on April 23, 2024, in accordance with the board of directors' proposal, the meeting resolved to pay a dividend of SEK 1.30 per share for the financial year 2023. The dividend shall be paid in two instalments, the first with SEK 0.65 per share with 25 April 2024 as record date and the second with SEK 0.65 per share with 25 October 2024 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 30 April 2024 and on 30 October 2024.
공시 • Mar 21Beijer Ref AB (publ) Proposes Dividend, Payable on 30 April 2024 and 30 October 2024Beijer Ref AB (publ) announced that at its AGM to be held on 23 April 2024, to propose dividend: From the available unappropriated earnings of SEK 15,342,626,017, dividend shall be paid in the total amount of SEK 1.30 per share. Payment shall be made in two instalments of SEK 0.65 per share for the first instalment and SEK 0.65 per share for the second instalment. It is proposed that the record date for the first instalment be 25 April 2024 and for the second instalment 25 October 2024. If the Annual General Meeting resolves to accept this proposal, the first instalment will be due to be paid from Euroclear on 30 April 2024 and the second instalment on 30 October 2024.
공시 • Jan 23Beijer Ref AB (publ) to Report Fiscal Year 2023 Results on Mar 28, 2024Beijer Ref AB (publ) announced that they will report fiscal year 2023 results on Mar 28, 2024
공시 • Dec 13Beijer Ref AB (publ) to Report Q4, 2024 Results on Jan 31, 2025Beijer Ref AB (publ) announced that they will report Q4, 2024 results at 8:30 AM, Central European Standard Time on Jan 31, 2025
공시 • Dec 09+ 2 more updatesBeijer Ref AB (publ) to Report Q3, 2024 Results on Oct 24, 2024Beijer Ref AB (publ) announced that they will report Q3, 2024 results at 8:30 AM, Central Europe Standard Time on Oct 24, 2024
공시 • Nov 03Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd on November 2, 2023. For FY 2022, Turner had an annual turnover of approximately SEK 200 million.
공시 • Oct 13+ 1 more updateBeijer Ref AB (publ), Annual General Meeting, Apr 23, 2024Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2024.
공시 • Jun 01Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD.Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD on June 1, 2023. The company, which is a distributor of heat pumps, geothermal energy products and HVAC components, has an annual turnover of approximately SEK 75 million.
공시 • May 18+ 1 more updateBeijer Ref AB (publ) Announces CFO ChangeBeijer Ref AB has appointed Joel Davidsson as CFO. Ulf will remain in his position to support an efficient transition for Joel Davidsson, who will join Beijer Ref latest in November 2023. Beijer Ref and Ulf Berghult, Executive Vice President (EVP) and CFO, have mutually agreed that Ulf will transition out of the company in the next 6 months. Joel most recently comes from the role as CFO at ROSTI Group. Prior to that he served as Head of Group Finance and Investor Relations at Alfa Laval, CFO roles within Assa Abloy Entrance Systems and Head of Group Business Control at BE Group. Joel will play an important role in Beijer Ref's growth journey going forward and will continue to drive and execute the company's strategic priorities. He holds a Master of Science in Economics and Business Administration, with a major in Finance.
공시 • Jan 31Beijer Ref AB (Publ) Proposes DividendThe board of Beijer Ref AB (publ) proposed a dividend amounting to a total of SEK 475 million (419), corresponding to 38% (43) of the year's profit.
공시 • Jan 16Beijer Ref AB (publ) to Report Fiscal Year 2022 Results on Apr 04, 2023Beijer Ref AB (publ) announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Apr 04, 2023
공시 • Jan 13+ 2 more updatesBeijer Ref AB (publ) to Report Q4, 2023 Results on Jan 31, 2024Beijer Ref AB (publ) announced that they will report Q4, 2023 results at 8:30 AM, Central European Standard Time on Jan 31, 2024
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to kr169, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 17x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 246% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr98.78 per share.
Recent Insider Transactions • Feb 09Director recently bought kr1.5m worth of stockOn the 8th of February, Per Bertland bought around 10k shares on-market at roughly kr145 per share. In the last 3 months, they made an even bigger purchase worth kr1.5m. Despite this recent purchase, insiders have collectively sold kr69m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Jan 30Director recently bought kr1.5m worth of stockOn the 28th of January, Per Bertland bought around 10k shares on-market at roughly kr152 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr70m more in shares than they bought in the last 12 months.
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr2.57 (up from kr1.90 in FY 2020). Revenue: kr17.0b (up 21% from FY 2020). Net income: kr979.0m (up 36% from FY 2020). Profit margin: 5.8% (up from 5.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 18%, compared to a 4.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr162, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 21x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 215% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr88.85 per share.
Recent Insider Transactions • Oct 27Director recently bought kr1.6m worth of stockOn the 25th of October, Per Bertland bought around 9k shares on-market at roughly kr180 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr77m more in shares than they bought in the last 12 months.
Reported Earnings • Oct 20Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: kr4.35b (up 13% from 3Q 2020). Net income: kr247.0m (up 1.2% from 3Q 2020). Profit margin: 5.7% (down from 6.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.
Board Change • Oct 04High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bill Striebe was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Jul 27Director recently sold kr35m worth of stockOn the 23rd of July, Per Bertland sold around 200k shares on-market at roughly kr173 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr40m more than they bought in the last 12 months.
Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS kr0.80 (vs kr0.44 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr4.56b (up 37% from 2Q 2020). Net income: kr302.0m (up 82% from 2Q 2020). Profit margin: 6.6% (up from 5.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jun 04Independent Director recently bought kr1.4m worth of stockOn the 31st of May, Frida Sams bought around 10k shares on-market at roughly kr142 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr5.1m more in shares than they bought in the last 12 months.
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS kr0.47 (vs kr0.35 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr3.73b (up 7.3% from 1Q 2020). Net income: kr180.0m (up 35% from 1Q 2020). Profit margin: 4.8% (up from 3.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
Executive Departure • Apr 20Independent Director has left the companyOn the 15th of April, Peter Jurgensen's tenure in the role of Independent Director ended. As of December 2020, Peter personally held 1.68m shares (kr635m worth at the time). A total of 6 executives have left over the last 12 months.
Upcoming Dividend • Apr 09Upcoming dividend of kr1.80 per shareEligible shareholders must have bought the stock before 16 April 2021. Payment date: 22 April 2021. Trailing yield: 0.6%. Lower than top quartile of British dividend payers (4.2%). Lower than average of industry peers (1.3%).
Reported Earnings • Mar 27Full year 2020 earnings released: EPS kr5.71 (vs kr6.82 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr14.1b (down 5.1% from FY 2019). Net income: kr722.3m (down 16% from FY 2019). Profit margin: 5.1% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. 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 46% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 16+ 1 more updateBeijer Ref AB (Publ) Proposes DividendBeijer Ref AB (publ) Board proposes an unchanged dividend of SEK 3 per share, but with a distribution of SEK 1.80 and SEK 1.20 (SEK 0.40 per share after split), per instalment payment compared with previous proposals of SEK 1.75 and SEK 1.25 per share. The record date for the dividend is 19 April for the first instalment and 8 October 2021 for the second instalment.
Executive Departure • Mar 12Independent Chairman Bernt Ingman has left the companyOn the 3rd of March, Bernt Ingman's tenure in the role of Independent Chairman ended. As of December 2020, Bernt personally held 120.00k shares (kr45m worth at the time). A total of 5 executives have left over the last 12 months.
Executive Departure • Mar 12Independent Director has left the companyOn the 3rd of March, Monica Gimre's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Monica's name. A total of 5 executives have left over the last 12 months.
Executive Departure • Mar 12Independent Director has left the companyOn the 3rd of March, William Striebe's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under William's name. A total of 5 executives have left over the last 12 months.
Executive Departure • Mar 12Director has left the companyOn the 3rd of March, Gregory Alcorn's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Gregory's name. A total of 5 executives have left over the last 12 months.
공시 • Mar 04Beijer Ref AB (publ) Announces Board ChangesBeijer Ref AB (publ) announced that Bernt Ingman, Bill Striebe, Monica Gimre and Gregory Alcorn had all made their seats available and resigned as board members. The Extraordinary General Meeting General Meeting held on March 3, 2021 resolved, in accordance with the Nomination Committee's proposal, the election of new board members Kate Swann, Albert Gustafsson and Per Bertland for the period until the end of the next Annual General Meeting. Kate Swann was elected new chairman. Furthermore, it was decided that the Board shall consist of six Board members until the Annual General Meeting in April 2021. Joen Magnusson, Peter Jessen Jürgensen and Frida Norrbom Sams remain as board members.
Recent Insider Transactions • Feb 06Independent Director recently bought kr101k worth of stockOn the 28th of January, Joen Magnusson bought around 300 shares on-market at roughly kr336 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr6.0m more in shares than they bought in the last 12 months.
Recent Insider Transactions • Jan 30Independent Director recently bought kr101k worth of stockOn the 28th of January, Joen Magnusson bought around 300 shares on-market at roughly kr336 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr6.0m more in shares than they bought in the last 12 months.
Reported Earnings • Jan 30Full year 2020 earnings released: EPS kr5.71 (vs kr6.82 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr14.1b (down 5.1% from FY 2019). Net income: kr722.0m (down 16% from FY 2019). Profit margin: 5.1% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. 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 47% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue misses expectationsRevenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 9.3%, compared to a 4.2% growth forecast for the Trade Distributors industry in the United Kingdom.
공시 • Jan 29Beijer Ref AB (Publ) Announces Resignation of Per Bertland as CEOBeijer Ref AB (publ) announced that Per Bertland plans to step down as CEO. The transition will take place when a successor has been found or during the latter part of 2021 at the latest. Per intends to remain active within Beijer Ref by making himself available to join the Board of Directors, if supported by the shareholders. Beijer Ref's largest shareholder, EQT Private Equity, has expressed its intention to call for a general meeting whereby they will nominate Per as a member of the Board of Directors.
공시 • Jan 28+ 4 more updatesBeijer Ref AB (publ) to Report Q2, 2021 Results on Jul 15, 2021Beijer Ref AB (publ) announced that they will report Q2, 2021 results on Jul 15, 2021
Is New 90 Day High Low • Jan 07New 90-day high: kr380The company is up 30% from its price of kr292 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr253 per share.
공시 • Jan 01Beijer Ref AB (publ) (OM:BEIJ B) acquired 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek.Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek on December 18, 2020. As per terms of agreement, Beijer Ref AB (publ) the option to acquire the remaining shares. Sinclair’s annual sales amount to SEK 400 million. Sinclair’s products will continue to be distributed and marketed under its own brand with existing sales channels and will also be launched in several of other markets. The transaction is expected to close on December 31, 2020. Vladimír Cížek and Jirí Marek of Schönherr Rechtsanwälte Gmbh acted as legal advisor to Beijer Ref AB (publ) (OM:BEIJ B), Deloitte AB acted as accountant to Beijer Ref AB (publ) (OM:BEIJ B), Novalia acted as legal advisor to Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek and KPMG acted as accountant in the transaction. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek on December 18, 2020.
공시 • Dec 20Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group.Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group on December 18, 2020. As per terms of agreement, Beijer Ref AB (publ) the option to acquire the remaining shares. Sinclair’s annual sales amount to SEK 400 million. Sinclair’s products will continue to be distributed and marketed under its own brand with existing sales channels and will also be launched in several of other markets. The transaction is expected to close on December 31, 2020.
Recent Insider Transactions • Dec 12Independent Chairman recently sold kr5.9m worth of stockOn the 8th of December, Bernt Ingman sold around 18k shares on-market at roughly kr327 per share. This was the largest sale by an insider in the last 3 months. This was Bernt's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to kr355, the stock is trading at a trailing P/E ratio of 62.2x, up from the previous P/E ratio of 52.6x. This compares to an average P/E of 23x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders over the past three years are 252%.
Is New 90 Day High Low • Dec 10New 90-day high: kr334The company is up 2.0% from its price of kr328 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr145 per share.
공시 • Oct 10Beijer Ref AB Announces Appointment of Election CommitteeBeijer Ref AB announced appointment of election committee which will consists of he following members: Muriel Makharine (Carrier Corp.), Tommi Saukkoriipi (SEB Investment management), Patricia Hedelius (AMF Pension), Joen Magnusson (own and related parties' holdings, Board member of the Beijer Ref Board of Directors), Bernt Ingman (Chairman of the Beijer Ref Board of Directors). Tommi Saukkoriipi has been appointed chairman of the Election Committee.
공시 • Jul 30Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of ACD Trade.Beijer Ref AB (publ) (OM:BEIJ B) have signed a binding agreement to acquire ACD Trade on January 28, 2020. Under the terms of transaction, Beijer Ref AB (publ) will acquire all shares of ACD Trade. ACD Trade reported annual sales of approximately SEK 540 million. ACD Trade will continue in its existing form and will be included in the company’s accounts from February 1, 2020. Transaction is expected to close on January 31, 2020. Transaction is not expected to affect the group’s earnings or financial position significantly but is estimated to produce long-term positive effects on both sales and earnings. KPMG Financial Advisory Services (Australia) Pty Limited acted as financial advisor to ACD Trade. Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of ACD Trade effective April 13, 2020.