New Risk • 2h
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 5.7% 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: Minor Risks High level of debt (121% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (kr.491.6m market cap, or US$75.2m). Major Estimate Revision • May 15
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from kr.882.0m to kr.821.0m. EPS estimate also fell from kr.14.82 per share to kr.12.06 per share. Net income forecast to grow 40% next year vs 33% growth forecast for Luxury industry in Denmark. Consensus price target up from kr.270 to kr.280. Share price rose 7.0% to kr.274 over the past week. Reported Earnings • May 11
Second quarter 2026 earnings: Revenues exceed analyst expectations Second quarter 2026 results: Revenue: kr.263.3m (up 91% from 2Q 2025). Net income: kr.17.4m (up 46% from 2Q 2025). Profit margin: 6.6% (down from 8.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Aankondiging • May 09
Gabriel Holding A/S Provides Earnings Guidance for the Full Year 2025/2026 Gabriel Holding A/S provided earnings guidance for the full year 2025/2026. For the period, the company's revenue from continuing activities is expected to remain unchanged at DKK 510 to DKK 550 million and operating profit (EBIT) of DKK 40 million to DKK 55 million. Aankondiging • Mar 20
Gabriel Holding A/S (CPSE:GABR) announces an Equity Buyback for SEK 250 million worth of its shares. Gabriel Holding A/S (CPSE:GABR) announces an share repurchase program. Under the program, the company will repurchase up to 94,500 shares for SEK 150 million worth of its shares from Danske Bank A/S. The program will valid till March 16, 2027. Major Estimate Revision • Feb 12
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from kr.897.7m to kr.882.0m. EPS estimate also fell from kr.17.90 per share to kr.14.82 per share. Net income forecast to grow 47% next year vs 16% growth forecast for Luxury industry in Denmark. Consensus price target down from kr.280 to kr.270. Share price was steady at kr.212 over the past week. Reported Earnings • Feb 06
First quarter 2026 earnings: Revenues miss analyst expectations First quarter 2026 results: Revenue: kr.129.2m (up 4.6% from 1Q 2025). Net income: kr.5.70m (down 21% from 1Q 2025). Profit margin: 4.4% (down from 5.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.6%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 06
Gabriel Holding A/S Maintains earnings guidance for the financial year 2025/2026 Gabriel Holding A/S maintained earnings guidance for the financial year 2025/2026. For the year, the company expects revenue from continuing operations is expected to amount to DKK 510 million - DKK 550 million and a primary profit (EBIT) of DKK 40 million - DKK 50 million. Following the first quarter, expectations for the full year are maintained. Board Change • Jan 01
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. 3 experienced directors. 3 highly experienced directors. Independent Chair Soren Eskildsen was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 05
Upcoming dividend of kr.5.00 per share Eligible shareholders must have bought the stock before 12 December 2025. Payment date: 16 December 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Danish dividend payers (4.9%). In line with average of industry peers (1.8%). Price Target Changed • Nov 24
Price target increased by 40% to kr.280 Up from kr.200, the current price target is provided by 1 analyst. New target price is 10% above last closing price of kr.254. Stock is up 15% over the past year. The company is forecast to post earnings per share of kr.17.90 for next year compared to kr.13.23 last year. Reported Earnings • Nov 21
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: kr.13.12 (up from kr.0.77 loss in FY 2024). Revenue: kr.516.0m (up 6.7% from FY 2024). Net income: kr.24.8m (up kr.26.3m from FY 2024). Profit margin: 4.8% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr.472.5m market cap, or US$73.4m). New Risk • Aug 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Market cap is less than US$100m (kr.449.8m market cap, or US$70.5m). Reported Earnings • Aug 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: kr.2.33 loss per share (down from kr.1.78 profit in 3Q 2024). Revenue: kr.434.6m (up 88% from 3Q 2024). Net loss: kr.4.40m (down 231% from profit in 3Q 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 28
Price target increased by 27% to kr.190 Up from kr.150, the current price target is provided by 1 analyst. New target price is 18% below last closing price of kr.232. Stock is down 15% over the past year. The company is forecast to post earnings per share of kr.12.54 next year compared to a net loss per share of kr.0.77 last year. New Risk • May 09
New major risk - Revenue and earnings growth Earnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.5% operating cash flow to total debt). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr.344.0m market cap, or US$51.8m). Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr.157, the stock trades at a trailing P/E ratio of 24.2x. Average forward P/E is 16x in the Luxury industry in Europe. Total loss to shareholders of 72% over the past three years. New Risk • Feb 07
New major risk - Revenue and earnings growth Earnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (kr.289.2m market cap, or US$40.2m). Aankondiging • Jan 30
Gabriel Holding A/S Announces Board Changes Gabriel Holding A/S announced that Board of Directors has constituted itself with Søren Mygind Eskildsen as Chair and Randi Toftlund Pedersen as Vice-Chair. Reported Earnings • Jan 09
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: kr.0.79 loss per share (improved from kr.2.29 loss in FY 2023). Revenue: kr.483.5m (down 48% from FY 2023). Net loss: kr.1.50m (loss narrowed 65% from FY 2023). Revenue missed analyst estimates by 47%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 18
Price target decreased by 24% to kr.225 Down from kr.295, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of kr.230. Stock is down 32% over the past year. The company is forecast to post a net loss per share of kr.2.74 next year compared to a net loss per share of kr.2.29 last year. New Risk • Nov 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.8% 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 (1.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (kr.457.4m market cap, or US$64.8m). Aankondiging • Sep 24
Gabriel Holding A/S Chairman Jørgen Kjær Jacobsen to Step Down in December 12, 2024 Gabriel Holding A/S announced that Chairman of the Board, Jørgen Kjær Jacobsen, who turns 72 in September 2024, has informed the board that he will not seek re-election at the company's ordinary general meeting on December 12, 2024. Jørgen Kjær Jacobsen has been the chairman of the board of Gabriel Holding A/S since December 2010, when he was elected to the board. Jørgen Kjær Jacobsen was hired in 1983 as sales director at Gabriel, where he was responsible for the company's sales. In 1985, he took over the position of CEO. He held this position until 2010, when he left the company's daily management, was elected to the board, and appointed chairman of the board.
Over the 41 years Jørgen has served as both director and chairman, the group has evolved from a smaller Danish textile company to a publicly traded, globally represented, and recognized modern design and production company, founded and headquartered in Aalborg since 1851. The current board believes that continuity in experience and competence is ensured within the board to solidly address the upcoming change in the chairman position. Reported Earnings • Aug 30
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr.230.9m (up 3.5% from 3Q 2023). Net income: kr.3.40m (up kr.8.95m from 3Q 2023). Profit margin: 1.5% (up from net loss in 3Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Reported Earnings • May 06
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr.241.7m (down 3.5% from 2Q 2023). Net income: kr.4.50m (down 32% from 2Q 2023). Profit margin: 1.9% (down from 2.7% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 08
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr.227.7m (down 5.7% from 1Q 2023). Net loss: kr.4.20m (down 282% from profit in 1Q 2023). Aankondiging • Feb 08
Gabriel Holding A/S Provides Earnings Guidance for the Full Year 2023/24 Gabriel Holding A/S provided earnings guidance for the full year 2023/24. For the year, the company expects revenue will be of the order of DKK 850 million – DKK 900 million. Board Change • Jan 24
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Vice-Chairman Soren Eskildsen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 14
Gabriel Holding A/S Resolves Not to Pay Out Dividend for 2022/23 Gabriel Holding A/S at the annual general meeting resolved not to pay out dividend for 2022/23. Aankondiging • Nov 17
Gabriel Holding A/S Provides Earnings Guidance of the Financial Year 2024 Gabriel Holding A/S provides earnings guidance of the financial year 2024. The company expects revenue of DKK 850 – 900 million, a revenue decrease of 3 – 9%. Adaptation of the Group’s cost base will continue and operating profit (EBIT) of DKK 0 – 10 million is expected for the 2023/24 financial year. New Risk • Oct 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.1% 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 Risks Interest payments are not well covered by earnings (1.0x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 215% Paying a dividend despite having no free cash flows. Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (kr.650.2m market cap, or US$92.2m). Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr.346, the stock trades at a trailing P/E ratio of 69.1x. Average trailing P/E is 15x in the Luxury industry in Europe. Total loss to shareholders of 44% over the past three years. New Risk • Aug 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: kr.680.4m (US$98.8m) 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 (2.8x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (kr.680.4m market cap, or US$98.8m). Aankondiging • Aug 24
Gabriel Holding A/S Revises Group Earnings Guidance for the Full Financial Year 2022/2023 Gabriel Holding A/S revised group earnings guidance for the full financial year 2022/2023. For the year, company management expected revenue in the range of DKK 930 million – DKK 940 million against DKK 950 million – DKK 975 million expected previously and an operating profit (EBIT) of DKK 17 million-DKK 19 million against DKK 20 million-DKK 30 million expected previously. Aankondiging • Jun 24
Gabriel Holding A/S Provides Earnings Guidance for the Full Financial Year 2022/2023 Gabriel Holding A/S provided earnings guidance for the full financial year 2022/2023. For the year, company management expected revenue in the range of DKK 950 million – 1,050 million (DKK 1,065 million in 2021/2022) and an operating profit (EBIT) of DKK 35 million-50 million (DKK 64,9 million in 2021/2022). Reported Earnings • Apr 30
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr.250.5m (down 9.2% from 2Q 2022). Net income: kr.6.60m (down 65% from 2Q 2022). Profit margin: 2.6% (down from 6.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Feb 10
Gabriel Holding A/S Provides Earnings Guidance for the Year 2023 Gabriel Holding A/S provided earnings guidance for the year 2023. For the year, the company expects revenue of the order of DKK 1,000 million - DKK 1,100 million and operating profit (EBIT) of the order of DKK 50 million - DKK 60 million. Upcoming Dividend • Dec 09
Upcoming dividend of kr.10.75 per share Eligible shareholders must have bought the stock before 16 December 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Danish dividend payers (6.2%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 08
Full year 2022 earnings released: EPS: kr.30.77 (vs kr.24.43 in FY 2021) Full year 2022 results: EPS: kr.30.77 (up from kr.24.43 in FY 2021). Revenue: kr.1.07b (up 32% from FY 2021). Net income: kr.58.2m (up 26% from FY 2021). Profit margin: 5.5% (down from 5.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 12% 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. 3 experienced directors. 3 highly experienced directors. Employee Representative Director Rikke Jensen was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 27
Third quarter 2022 earnings released: EPS: kr.8.73 (vs kr.4.64 in 3Q 2021) Third quarter 2022 results: EPS: kr.8.73 (up from kr.4.64 in 3Q 2021). Revenue: kr.289.9m (up 46% from 3Q 2021). Net income: kr.16.5m (up 88% from 3Q 2021). Profit margin: 5.7% (up from 4.4% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
Second quarter 2022 earnings released: EPS: kr.40.10 (vs kr.6.77 in 2Q 2021) Second quarter 2022 results: EPS: kr.40.10 (up from kr.6.77 in 2Q 2021). Revenue: kr.276.1m (up 37% from 2Q 2021). Net income: kr.19.0m (up 48% from 2Q 2021). Profit margin: 6.9% (up from 6.3% in 2Q 2021). The increase in margin was driven by higher revenue. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Pernille Fabricius was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 16
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: kr.8.83. Revenue: kr.246.9m (up 32% from 1Q 2021). Net income: kr.16.7m (up 81% from 1Q 2021). Profit margin: 6.8% (up from 5.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Upcoming Dividend • Dec 03
Upcoming dividend of kr.9.75 per share Eligible shareholders must have bought the stock before 10 December 2021. Payment date: 14 December 2021. Trailing yield: 1.5%. Lower than top quartile of Danish dividend payers (3.4%). Higher than average of industry peers (1.0%). Reported Earnings • Nov 18
Full year 2021 earnings released: EPS kr.24.44 (vs kr.13.23 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: kr.809.7m (up 11% from FY 2020). Net income: kr.46.2m (up 85% from FY 2020). Profit margin: 5.7% (up from 3.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 30
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.198.3m (up 43% from 3Q 2020). Net income: kr.8.77m (up kr.11.0m from 3Q 2020). Profit margin: 4.4% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Mar 11
New 90-day high: kr.720 The company is up 7.0% from its price of kr.675 on 11 December 2020. The Danish market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 9.0% over the same period. Reported Earnings • Feb 13
First quarter 2021 earnings released The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.186.6m (down 8.7% from 1Q 2020). Net income: kr.9.20m (down 21% from 1Q 2020). Profit margin: 4.9% (down from 5.7% in 1Q 2020). The decrease in margin was driven by lower revenue. Upcoming Dividend • Dec 04
Upcoming Dividend of kr.5.00 Per Share Will be paid on the 15th of December to those who are registered shareholders by the 11th of December. The trailing yield of 0.7% is below the top quartile of Danish dividend payers (3.9%), and is lower than industry peers (1.0%). Is New 90 Day High Low • Nov 27
New 90-day high: kr.720 The company is up 2.0% from its price of kr.705 on 28 August 2020. The Danish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 19% over the same period. Reported Earnings • Nov 16
Full year 2020 earnings released: EPS kr.13.20 The company reported a soft full year result with weaker earnings and profit margins, although revenues were improved. Full year 2020 results: Revenue: kr.728.1m (up 2.8% from FY 2019). Net income: kr.25.0m (down 49% from FY 2019). Profit margin: 3.4% (down from 6.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 21
New 90-day low: kr.635 The company is down 16% from its price of kr.760 on 23 July 2020. The Danish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 06
New 90-day low: kr.655 The company is down 14% from its price of kr.765 on 08 July 2020. The Danish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 4.0% over the same period.