Board Change • Jun 09
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Andreas Blaschke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Andreas Blaschke was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • May 27
Billerud AB (Publ) Approves Dividend for the Year 2025, Payable on 2 June 2026 Billerud AB (publ) announced at annual general meeting held on May 26, 2026, the shareholders approved resolved to distribute a dividend to the shareholders of SEK 2.00 per share for the year 2025. The record date for the dividend was set to 28 May 2026, and the dividend is estimated to be paid out on 2 June 2026. Aankondiging • May 26
Billerud AB (Publ) Approves Board Appointments Billerud AB (publ) announced at annual general meeting held on May 26, 2026, the shareholders approved to elect Bernd Eikens as new Board member. The Annual General Meeting also resolved to elect Magnus Nicolin as Chairman of the Board. Upcoming Dividend • May 21
Upcoming dividend of kr2.00 per share Eligible shareholders must have bought the stock before 27 May 2026. Payment date: 02 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.6%). Aankondiging • Feb 24
Billerud AB (publ) to Report Fiscal Year 2025 Final Results on Apr 01, 2026 Billerud AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 01, 2026 Aankondiging • Jan 30
Billerud AB Proposes Dividend for 2025 The Board of Directors of Billerud AB (publ) proposed a dividend of SEK 2.00 per share (3.50), corresponding to 70% of the net profit. Aankondiging • Jan 16
Billerud AB (publ) to Report Q3, 2026 Results on Oct 22, 2026 Billerud AB (publ) announced that they will report Q3, 2026 results on Oct 22, 2026 Aankondiging • Sep 23
Billerud AB (publ), Annual General Meeting, May 19, 2026 Billerud AB (publ), Annual General Meeting, May 19, 2026. Aankondiging • Jul 18
Billerud AB (Publ) Announces Executive Changes Billerud AB (publ) announced Ulrika Wedberg, Executive Vice President Sustainability & Public Affairs, will leave Billerud on 30 September, 2025. She will be succeeded by Sofia Hedevåg, who will assume this role on 1 December 2025 and who presently holds the position as Senior Vice President Sustainability and member of the Group Management in Gränges. Aankondiging • Apr 14
Billerud AB (Publ) Proposes Dividend, Payable on 27 May 2025 Billerud AB (publ) at its annual general meeting to be held on 20 May 2025, proposed a dividend of SEK 3.50 per share. The dividend is estimated to be paid out to the shareholders on 27 May 2025. Aankondiging • Feb 08
Billerud AB (publ) to Report Fiscal Year 2024 Final Results on Mar 27, 2025 Billerud AB (publ) announced that they will report fiscal year 2024 final results on Mar 27, 2025 Aankondiging • Jan 14
Billerud AB (publ) to Report Q3, 2025 Results on Oct 23, 2025 Billerud AB (publ) announced that they will report Q3, 2025 results on Oct 23, 2025 Aankondiging • Dec 20
Billerud Appoints Jaakko Nikkilä as President, Billerud Europe and Member of the Group Management Team Billerud announced the appointment of Jaakko Nikkilä as President, Billerud Europe and member of the Group Management Team. Jaakko Nikkilä holds the position of Executive Vice President at UPM, heading the business area Specialty Paper with global sales of around EUR 1.5 billion, until year-end. Jaakko Nikkilä has extensive experience in both international sales and production of fiber-based packaging materials. He has been employed by the UPM Group since 1995 and served as a member of the UPM Group Executive Team since 2019. Jaakko Nikkilä, born 1967, is a Finnish citizen. He will assume the position as President of Billerud Europe on 1 May 2025 and will be based in Stockholm. As previously announced, Matthew Hirst will leave Billerud on 31 January 2025. Ivar Vatne will act as the interim President of Region Europe from 1 February to 30 April. Aankondiging • Sep 18
Billerud Appoints Doug Schwartz as President Billerud North America and Member of the Group Management Team, Effective 30 September 2024 Billerud has appointed Doug Schwartz as President Billerud North America and member of the company's Group Management Team, effective 30 September 2024. Doug Schwartz has extensive experience in the U.S. forest and paper industry, including serving in key leadership roles at companies such as Sonoco Products Company (Sonoco), International Paper and Champion International Corporation. He most recently held the position of Vice President and General Manager, Rigid Paper Containers at Sonoco. Aankondiging • Jun 15
Billerud Announces Executive Changes Billerud announced that Kevin Kuznicki, President, Billerud North America and member of the Group Management Team, is leaving the company to pursue other ventures, effective 14 June 2024. Tor Lundqvist, Deputy President and Senior Vice President of Operations for North America will assume the role of Acting President, Billerud North America until a successor is appointed. The recruitment process for a new President, Billerud North America will start immediately, and a successor will be announced in due course. Aankondiging • Apr 12
Jan Åström Declines Re-Election to Board of Billerud AB (publ) Billerud AB (publ) announced that Jan Åström has declined re-election to the board at the annual general meeting 2024 to be held on May 21, 2024. Board Change • Mar 07
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. 5 non-independent directors. Independent Director Regi Aalstad was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Feb 16
Dividend of kr2.00 announced Shareholders will receive a dividend of kr2.00. Ex-date: 22nd May 2024 Payment date: 28th May 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio) nor is it covered by cash flows (440% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. EPS is expected to grow by 127% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Board Change • Feb 16
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. 5 non-independent directors. Independent Director Regi Aalstad was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 25
Billerud AB Proposes Dividend for 2023 Billerud AB (publ) announced that the The Board proposes a dividend for 2023 of SEK 2.00 per share, 65% of the adjusted net profit. Aankondiging • Jan 15
Billerud Aktiebolag Appoints Robert Pletzin as Head of Media Relations, Effective April 1, 2024 Billerud Aktiebolag announced that As of April 1, 2024 Robert Pletzin assumes the role of Head of Media Relations at Billerud. Robert brings extensive experience in leading press positions from companies with international operations, along with a background as a financial journalist. Robert joins from his previous position as the Head of Media Relations at Swedavia and also holds experience from leading press roles at Vattenfall. Additionally, he has worked as a financial reporter at Dagens Industri, Nyhetsbyrån Direkt and as a correspondent for the news agency Reuters. Aankondiging • Dec 20
Billerud AB (publ) Appoints Andrei Krés as CFO Andrei Krés has been appointed as the new CFO of Billerud. Andrei has been the acting CFO since August 2023 and will assume the permanent role immediately. Andrei Krés joined Billerud in 2011 and has since then held several different positions within the company including Head of Group Treasury, Vice President of Group Finance and since August 2023 as acting CFO. Board Change • Dec 19
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Regi Aalstad was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to kr101, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 13x in the Packaging industry in Europe. Total loss to shareholders of 17% over the past three years. Board Change • Oct 02
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Regi Aalstad was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Jul 29
Billerud AB Announces Retirement of Christoph Michalski as CEO Billerud AB (publ) board announced that the company's President and CEO Christoph Miclski is leaving the CEO role a at Billerud, with immediate effect. Michalski has held the position of CEO since November 2020. The board of Billerud has appointed the current CFO and deputy CEO, Ivar Vatne, as acting CEO. Ivar Vatne joined the company as CFO in May 2019 and has also been deputy CEO since October 2022. Before Billerud, Ivar has a background from senior positions within Arla, Fiskars and P&G. The recruitment of a new CEO will start up immediately. Aankondiging • Jul 15
Mimir Invest AB signed an agreement to acquire Billerud Managed Packaging Ab from Billerud AB (publ) (OM:BILL). Mimir Invest AB signed an agreement to acquire Billerud Managed Packaging Ab from Billerud AB (publ) (OM:BILL) on July 13, 2023.The transaction is expected to be completed during August 2023.Managed Packaging has 143 employees in Asia, Europe and USA, and had in 2022 net sales of SEK 770 million,reported under the segment Solutions & Other. Board Change • Jun 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Regi Aalstad was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 18
Upcoming dividend of kr7.50 per share at 5.7% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (3.2%). Recent Insider Transactions • May 16
Insider recently sold kr309k worth of stock On the 11th of May, Andreas Mattsson sold around 3k shares on-market at roughly kr99.00 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr2.9m more than they sold in the last 12 months. Recent Insider Transactions • Apr 28
President & CEO recently bought kr1.5m worth of stock On the 26th of April, Christoph Michalski bought around 16k shares on-market at roughly kr96.40 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Christoph has been a buyer over the last 12 months, purchasing a net total of kr2.5m worth in shares. Reported Earnings • Apr 07
Full year 2022 earnings released Full year 2022 results: Net income: kr4.59b (up 209% from FY 2021). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Board Change • Apr 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jan Astrom was the last independent 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: Minority of independent directors. Lack of board continuity. Recent Insider Transactions • Feb 11
Independent Director recently bought kr78k worth of stock On the 7th of February, Victoria Van Camp bought around 600 shares on-market at roughly kr129 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. Insiders have collectively bought kr4.2m more in shares than they have sold in the last 12 months. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: kr20.13 (vs kr7.18 in FY 2021) Full year 2022 results: EPS: kr20.13 (up from kr7.18 in FY 2021). Revenue: kr43.0b (up 64% from FY 2021). Net income: kr4.59b (up 209% from FY 2021). Profit margin: 11% (up from 5.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Jan 05
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jan Astrom was the last independent 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: Minority of independent directors. Lack of board continuity. Board Change • Dec 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jan Astrom was the last independent 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: Minority of independent directors. Lack of board continuity. Board Change • Nov 22
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jan Astrom was the last independent 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 26
Third quarter 2022 earnings released Third quarter 2022 results: Net income: kr1.35b (up 182% from 3Q 2021). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Packaging industry in Europe. Board Change • Aug 03
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jan Astrom was the last independent 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Jul 21
Second quarter 2022 earnings released Second quarter 2022 results: Net income: kr1.42b (up 356% from 2Q 2021). Recent Insider Transactions • May 29
Independent Director recently bought kr1.3m worth of stock On the 27th of May, Jan Astrom bought around 10k shares on-market at roughly kr134 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr6.3m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 17
President & CEO recently bought kr979k worth of stock On the 11th of May, Christoph Michalski bought around 7k shares on-market at roughly kr134 per share. In the last 3 months, they made an even bigger purchase worth kr1.2m. Christoph has been a buyer over the last 12 months, purchasing a net total of kr3.2m worth in shares. Board Change • May 13
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jan Astrom was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: kr4.27 (vs kr1.82 in 1Q 2021) First quarter 2022 results: EPS: kr4.27 (up from kr1.82 in 1Q 2021). Revenue: kr7.46b (up 14% from 1Q 2021). Net income: kr884.0m (up 135% from 1Q 2021). Profit margin: 12% (up from 5.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 39%, compared to a 17% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 04
Upcoming dividend of kr4.30 per share Eligible shareholders must have bought the stock before 11 May 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (4.7%). In line with average of industry peers (2.8%). Reported Earnings • Apr 11
Full year 2021 earnings released: EPS: kr7.18 (vs kr3.27 in FY 2020) Full year 2021 results: EPS: kr7.18 (up from kr3.27 in FY 2020). Revenue: kr26.3b (up 9.8% from FY 2020). Net income: kr1.49b (up 120% from FY 2020). Profit margin: 5.6% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 15% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year. Recent Insider Transactions • Feb 20
President & CEO recently bought kr1.2m worth of stock On the 18th of February, Christoph Michalski bought around 9k shares on-market at roughly kr138 per share. This was the largest purchase by an insider in the last 3 months. Christoph has been a buyer over the last 12 months, purchasing a net total of kr2.2m worth in shares. Recent Insider Transactions • Jan 30
Chairman of the Board recently bought kr742k worth of stock On the 28th of January, Jan Svensson bought around 5k shares on-market at roughly kr148 per share. In the last 3 months, they made an even bigger purchase worth kr1.1m. Jan has been a buyer over the last 12 months, purchasing a net total of kr1.9m worth in shares. Reported Earnings • Jan 29
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr7.18 (up from kr3.27 in FY 2020). Revenue: kr26.4b (up 10% from FY 2020). Net income: kr1.49b (up 120% from FY 2020). Profit margin: 5.6% (up from 2.8% 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 8.0%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. Recent Insider Transactions • Dec 23
Chairman of the Board recently bought kr1.1m worth of stock On the 21st of December, Jan Svensson bought around 7k shares on-market at roughly kr159 per share. This was the largest purchase by an insider in the last 3 months. This was Jan's only on-market trade for the last 12 months. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS kr2.31 (vs kr0.25 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr6.52b (up 17% from 3Q 2020). Net income: kr477.0m (up kr425.0m from 3Q 2020). Profit margin: 7.3% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Recent Insider Transactions • Aug 12
Executive Vice President of Technology recently sold kr688k worth of stock On the 9th of August, Ulf Eliasson sold around 4k shares on-market at roughly kr187 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jul 21
Second quarter 2021 earnings released: EPS kr1.50 (vs kr1.05 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr6.59b (up 7.0% from 2Q 2020). Net income: kr311.0m (up 43% from 2Q 2020). Profit margin: 4.7% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS kr1.82 (vs kr0.79 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr6.52b (up 2.5% from 1Q 2020). Net income: kr377.0m (up 130% from 1Q 2020). Profit margin: 5.8% (up from 2.6% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 29
Upcoming dividend of kr4.30 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 12 May 2021. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (4.1%). In line with average of industry peers (2.6%). Reported Earnings • Apr 11
Full year 2020 earnings released: EPS kr3.27 (vs kr4.89 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr23.9b (down 2.4% from FY 2019). Net income: kr676.0m (down 33% from FY 2019). Profit margin: 2.8% (down from 4.1% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 10
New 90-day high: kr161 The company is up 12% from its price of kr143 on 10 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr254 per share. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS kr3.19 (vs kr4.89 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr24.1b (down 1.8% from FY 2019). Net income: kr676.0m (down 33% from FY 2019). Profit margin: 2.8% (down from 4.1% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 3.9%, compared to a 3.1% growth forecast for the Packaging industry in the United Kingdom. Is New 90 Day High Low • Jan 18
New 90-day high: kr151 The company is up 3.0% from its price of kr146 on 20 October 2020. The British market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr106 per share. Aankondiging • Jan 12
BillerudKorsnäs AB (publ) Announces Resignation of Jan Åström as Chairman of the Board BillerudKorsnäs AB (publ) announced that Jan Åström is not available for re-election as Chairman of the Board.