Board Change • May 20
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. 6 non-independent directors. Independent Director Petra Einarsson was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 11
Alimak Group AB (publ) announces Annual dividend, payable on May 13, 2026 Alimak Group AB (publ) announced Annual dividend of SEK 3.3000 per share payable on May 13, 2026, ex-date on May 07, 2026 and record date on May 08, 2026. Announcement • Feb 10
Alimak Group AB (publ), Annual General Meeting, May 06, 2026 Alimak Group AB (publ), Annual General Meeting, May 06, 2026. Announcement • Jan 14
Alimak Group Announces Management Changes Alimak Group has appointed Karin Bååthe as Executive Vice President for the Construction division, effective April 7, 2026. Karin Bååthe joins Alimak Group as the new Executive Vice President for the Construction division and will be based in Stockholm, Sweden. She will also be part of the Group Leadership Team. Karin brings experience from roles at McKinsey, SSAB, and most recently as Regional CEO Ground Support EMEA at Sandvik Mining. After more than five years as Executive Vice President, David Batson will assume a new role as Director of APAC for the Construction division, reporting to Karin. David’s leadership has been instrumental in shaping the division into the strong and dynamic organisation. Announcement • Feb 14
Alimak Group AB (publ), Annual General Meeting, Apr 30, 2025 Alimak Group AB (publ), Annual General Meeting, Apr 30, 2025. Announcement • Jan 27
Alimak Group AB (publ) to Report Fiscal Year 2024 Final Results on Mar 21, 2025 Alimak Group AB (publ) announced that they will report fiscal year 2024 final results on Mar 21, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: kr1.46 (vs kr1.32 in 3Q 2023) Third quarter 2024 results: EPS: kr1.46 (up from kr1.32 in 3Q 2023). Revenue: kr1.74b (flat on 3Q 2023). Net income: kr155.0m (up 9.9% from 3Q 2023). Profit margin: 8.9% (up from 8.2% in 3Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year. New Risk • Jul 19
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (40% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Jul 19
Second quarter 2024 earnings released: EPS: kr1.35 (vs kr1.21 in 2Q 2023) Second quarter 2024 results: EPS: kr1.35 (up from kr1.21 in 2Q 2023). Revenue: kr1.81b (up 1.2% from 2Q 2023). Net income: kr143.0m (up 10.0% from 2Q 2023). Profit margin: 7.9% (up from 7.3% in 2Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jun 15
Now 21% undervalued Over the last 90 days, the stock has risen 20% to €10.30. The fair value is estimated to be €13.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 3.9% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: kr1.24 (vs kr1.72 in 1Q 2023) First quarter 2024 results: EPS: kr1.24. Revenue: kr1.74b (flat on 1Q 2023). Net income: kr131.0m (up 5.6% from 1Q 2023). Profit margin: 7.5% (up from 7.1% in 1Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Upcoming Dividend • Apr 23
Upcoming dividend of kr2.50 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.3%). Announcement • Mar 22
Alimak Group AB (Publ) Proposes Dividend, Payable on May 7, 2024 The Board of Alimak Group AB (publ) at its AGM to be held on April 29, 2024, proposes that total dividend of SEK 265 million will be paid to the shareholders, equal to SEK 2.50 per share. The proposed record day for dividends is May 2, 2024. If the resolution is passed at the meeting, it is expected that dividends will be distributed by Euroclear Sweden AB on May 7, 2024. Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: kr4.87 (vs kr6.94 in FY 2022) Full year 2023 results: EPS: kr4.87. Revenue: kr7.10b (up 57% from FY 2022). Net income: kr515.0m (up 37% from FY 2022). Profit margin: 7.3% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Machinery industry in Germany. Board Change • Mar 20
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Petra Einarsson was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Feb 16
Dividend of kr2.50 announced Shareholders will receive a dividend of kr2.50. Ex-date: 30th April 2024 Payment date: 7th May 2024 Dividend yield will be 31%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x 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 Risks Interest payments are not well covered by earnings (1.2x net interest cover). Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 13
Full year 2023 earnings released: EPS: kr5.25 (vs kr6.94 in FY 2022) Full year 2023 results: EPS: kr5.25. Revenue: kr7.10b (up 57% from FY 2022). Net income: kr515.0m (up 37% from FY 2022). Profit margin: 7.3% (down from 8.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Machinery industry in Germany. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: kr1.32 (vs kr1.43 in 3Q 2022) Third quarter 2023 results: EPS: kr1.32. Revenue: kr1.73b (up 58% from 3Q 2022). Net income: kr141.0m (up 83% from 3Q 2022). Profit margin: 8.2% (up from 7.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Announcement • Aug 23
Alimak Group Appoints Jens Holmberg as Executive Vice President Industrial Division and Part of Group Leadership Team, Effective 1 September 2023 Alimak Group has appointed Jens Holmberg as Executive Vice President Industrial division, effective as of 1 September 2023. Jens Holmberg joins Alimak Group from Sandvik where he most recently held the role as Division President Sandvik Rock Tools, within the Mining and Rock Solutions Business Area. Prior to Sandvik Jens worked as a management consultant at McKinsey & Company. Jens started his career in the manufacturing space at Scania. Jens will be part of the Group Leadership Team. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: kr1.21 (vs kr1.82 in 2Q 2022) Second quarter 2023 results: EPS: kr1.21. Revenue: kr1.78b (up 66% from 2Q 2022). Net income: kr130.0m (up 33% from 2Q 2022). Profit margin: 7.3% (down from 9.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Announcement • Jun 23
Alimak Group AB (publ) to Report Q2, 2023 Results on Jul 20, 2023 Alimak Group AB (publ) announced that they will report Q2, 2023 results at 8:00 AM, Central European Standard Time on Jul 20, 2023 Reported Earnings • May 03
First quarter 2023 earnings released: EPS: kr1.72 (vs kr1.30 in 1Q 2022) First quarter 2023 results: EPS: kr1.72 (up from kr1.30 in 1Q 2022). Revenue: kr1.75b (up 86% from 1Q 2022). Net income: kr124.0m (up 77% from 1Q 2022). Profit margin: 7.1% (down from 7.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 28
Upcoming dividend of kr1.82 per share at 4.8% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €6.46, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.97 per share. Recent Insider Transactions • Mar 30
President recently bought €111k worth of stock On the 28th of March, Ole Jodahl bought around 19k shares on-market at roughly €5.88 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ole has been a buyer over the last 12 months, purchasing a net total of €248k worth in shares. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to €6.22, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Machinery industry in Germany. Total loss to shareholders of 9.8% over the past three years. Reported Earnings • Feb 21
Full year 2022 earnings released: EPS: kr7.04 (vs kr5.68 in FY 2021) Full year 2022 results: EPS: kr7.04 (up from kr5.68 in FY 2021). Revenue: kr4.51b (up 21% from FY 2021). Net income: kr376.0m (up 22% from FY 2021). Profit margin: 8.3% (up from 8.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 18
Alimak Group AB (Publ) Proposes Dividend for the Year 2022 Alimak Group AB (publ) Board of Directors proposes an ordinary dividend for the year 2022 of SEK 3.65 per share compared to SEK 3.30 per share previous year based on the current number of outstanding shares. Announcement • Nov 22
Alimak Group AB (publ) (OM:ALIG) completed the acquisition of Tractel S.A.S. from Cinven Capital Management (V) General Partner Limited. Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Tractel S.A.S. from Cinven Capital Management (V) General Partner Limited for €500 million on a cash and debt free basis on August 2, 2022. The acquisition is financed through a long-term facility of €300 million and a bridge loan facility from Svenska Handelsbanken. Tractel will from the start continue to operate under its existing brands and be reported as a new division within the Alimak Group. The purchase price corresponds to an EV/EBITDA multiple of 10.3x based on Tractel's EBITDA during the period of 12 months ending on June 30, 2022. Tractel reported revenue of €201 million, with an EBITDA margin of 24% during the period of 12 months ending on June 30, 2022. The transaction is subject to customary regulatory and competition authority approvals as well as the shareholders of Alimak Group authorizing the Board of the company to resolve on the Rights Issue. The transaction is expected to close in during the fourth quarter 2022. The transaction is expected to be EPS accretive from the full year 2024. Handelsbanken Capital Markets is acting as financial advisor and Hugo Sanchez de la Espada, Léna Sersiron and Johanna Federspiel of Baker & McKenzie A.A.R.P.I. acted as legal advisor to Alimak Group AB. Manfred Noé and Bastien Deroch of CLARIS Avocats acted as legal advisor to Cinven Capital Management (V) General Partner Limited. Arielle Ohayon-Cohen, Julie Givernaud, Sjoerd Van Mierlo, Emily Davis de Courcy of PwC Société d'Avocats and Arnaud Thibésart, Erwan Colder, Olivier Lorang, Yun Wang, Hélène Farouz, Navaz Djadaoudjee, Frédéric Spielrein and François-Xavier Bornet provided financial, tax and pension due diligence to Alimak Group. Laurent Schoenstein, Raphaël Durand, Alice Declercq, David Tayar, Hendrik Coppoolse, Cécile Zoro, Anne-Sophie Laird, Pierre-Benoit Pabot du Châtelard, Guilhem Dardoize, Charles-Henri Boeringer and Alice Dunoyer de Segonzac of Clifford Chance advised Cinven on the transaction, as well as Luxembourg, New York and Frankfurt offices were also involved. Wardynski & Partners along with Roschier law firm and the Arendt law firm also advised on the sale.
Alimak Group AB (publ) (OM:ALIG) completed the acquisition of Tractel S.A.S. from Cinven Capital Management (V) General Partner Limited on Nonember 21, 2022. Announcement • Nov 20
Alimak Group AB (publ), Annual General Meeting, May 04, 2023 Alimak Group AB (publ), Annual General Meeting, May 04, 2023. Announcement • Oct 28
Alimak Group Appoints Johnny Nylund as Chief Communications Officer, Effective from January 9, 2023 Alimak Group appointed Johnny Nylund as Chief Communications Officer. Johnny Nylund is currently Head of Press and Public Affairs at Sweco.Johnny has previously held similar positions at Business Sweden, AkzoNobel and Swedish Radio, and has experience from the PR industry.Johnny will be part of the Group Leadership Team and will start as of January 9, 2023. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: kr1.43 (vs kr1.37 in 3Q 2021) Third quarter 2022 results: EPS: kr1.43 (up from kr1.37 in 3Q 2021). Revenue: kr1.10b (up 21% from 3Q 2021). Net income: kr77.0m (up 4.1% from 3Q 2021). Profit margin: 7.0% (down from 8.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Oct 11
Alimak Group AB (publ) Announces Composition of Nomination Committee Alimak Group AB (publ) in 2016, Alimak Group's annual general meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the general meeting resolves otherwise. Pursuant to this instruction, the Nomination Committee shall, prior to the 2023 annual general meeting, be composed of representatives of the four largest shareholders listed in the shareholders' register maintained by Euroclear Sweden as of August 31, 2022, together with the Chair of the Board, who will also convene the first meeting of the Nomination Committee. The member representing the largest shareholder shall be appointed Chair of the Nomination Committee. The Nomination Committee has now been appointed and comprises the following members: Johan Menckel, Investment AB Latour, Chair of the Nomination Committee; Francisco de Juan, Alantra EQMC Asset Management; Jakob Rikwide, representing the shareholding of Peder Pråhl; Mats Larsson, representing Första AP-fonden (AP1); Johan Hjertonsson, Alimak Group's Chair of the Board. Announcement • Aug 26
Alimak Group AB (publ) (OM:ALIG) completed the acquisition of Tall Crane Equipment LTD. Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Tall Crane Equipment LTD for CAD 40 million on July 18, 2022.The purchase price amounts to approximately CAD 27 million on a cash and debt-free basis. In addition to the fixed purchase price paid upon access, the seller may receive a condition-based additional purchase price (earn-out) of a maximum of approximately CAD 13 million based on fulfilment of certain performance goals regarding sales and profit. Tall Crane Equipment's revenue in the last yearly closing amounted to approximately CAD 16 million. Closing of the transaction is expected to take place during the third quarter 2022.
Alimak Group AB (publ) (OM:ALIG) completed the acquisition of Tall Crane Equipment LTD on August 24, 2022. Announcement • Aug 03
Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Tractel S.A.S. from Cinven Capital Management (V) General Partner Limited for €500 million on a cash and debt free basis. Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Tractel S.A.S. from Cinven Capital Management (V) General Partner Limited for €500 million on a cash and debt free basis on August 2, 2022. The acquisition is financed through a long-term facility of €300 million and a bridge loan facility from Svenska Handelsbanken. Tractel will from the start continue to operate under its existing brands and be reported as a new division within the Alimak Group. The purchase price corresponds to an EV/EBITDA multiple of 10.3x based on Tractel's EBITDA during the period of 12 months ending on June 30, 2022. Tractel reported revenue of €201 million, with an EBITDA margin of 24% during the period of 12 months ending on June 30, 2022.The transaction is subject to customary competition authority approvals as well as the shareholders of Alimak Group authorizing the Board of the company to resolve on the Rights Issue. The transaction is expected to close in the second half of 2022. The transaction is expected to be EPS accretive from the full year 2024. Handelsbanken Capital Markets is acting as financial advisor and Baker McKenzie as legal advisor to Alimak Group AB. Announcement • Jul 19
Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Tall Crane Equipment LTD for CAD 40 million. Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Tall Crane Equipment LTD for CAD 40 million on July 18, 2022.The purchase price amounts to approximately CAD 27 million on a cash and debt-free basis. In addition to the fixed purchase price paid upon access, the seller may receive a condition-based additional purchase price (earn-out) of a maximum of approximately CAD 13 million based on fulfilment of certain performance goals regarding sales and profit. Tall Crane Equipment's revenue in the last yearly closing amounted to approximately CAD 16 million. Closing of the transaction is expected to take place during the third quarter 2022. Announcement • Apr 27
Alimak Group Initiates Exit from Russia In the light of recent events and of European Union sanctions, Alimak Group has decided to exit its operations in Russia. Alimak Group announced on March 4th, that it will suspend all deliveries to customers in Russia and not to pursue any new sales. The Group has decided to initiate an exit from Russia. The Group has 15 employees in Russia. The exit process will be executed with considerations towards employees and customers. Announcement • Feb 11
Alimak Group AB (Publ) Proposes Dividend for the Fiscal Year Ended December 2021 Alimak Group AB (publ) proposed dividend of SEK 3.30 per share (3.00) for the fiscal year ended December 2021. Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr5.68 (up from kr3.37 in FY 2020). Revenue: kr3.73b (flat on FY 2020). Net income: kr307.5m (up 68% from FY 2020). Profit margin: 8.2% (up from 4.9% in FY 2020). Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 8.2%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Buying Opportunity • Jan 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be kr13.02, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.8% per annum over the last 3 years. Earnings per share has declined by 20% per annum over the last 3 years. Recent Insider Transactions • Nov 03
President recently bought €118k worth of stock On the 1st of November, Ole Jodahl bought around 10k shares on-market at roughly €11.84 per share. This was the largest purchase by an insider in the last 3 months. This was Ole's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 03
President recently bought €118k worth of stock On the 1st of November, Ole Jodahl bought around 10k shares on-market at roughly €11.84 per share. This was the largest purchase by an insider in the last 3 months. This was Ole's only on-market trade for the last 12 months. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS kr1.38 (vs kr0.76 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: kr902.5m (down 1.4% from 3Q 2020). Net income: kr74.5m (up 82% from 3Q 2020). Profit margin: 8.3% (up from 4.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Jul 21
Second quarter 2021 earnings released: EPS kr1.45 (vs kr0.93 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: kr951.3m (down 2.5% from 2Q 2020). Net income: kr78.3m (up 55% from 2Q 2020). Profit margin: 8.2% (up from 5.2% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jul 03
Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire the shares of Cento Engineering Group Limited. Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire the shares of Cento Engineering Group Limited on July 1, 2021. In the year ended 2020, Cento Engineering Group Limited reported revenues of £5.1 million. The company will become a part of Alimak Group's BMU division. Executive Departure • May 19
Interim Chief Financial Officer has left the company On the 17th of May, Bernt Ingman's tenure as Interim Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Bernt's name. Bernt is the only executive to leave the company over the last 12 months. Recent Insider Transactions • May 12
Insider recently sold €23k worth of stock On the 3rd of May, Fredrik Betts sold around 2k shares on-market at roughly €14.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.3k more than they bought in the last 12 months. Recent Insider Transactions • May 11
Insider recently sold €23k worth of stock On the 3rd of May, Fredrik Betts sold around 2k shares on-market at roughly €14.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.3k more than they bought in the last 12 months. Recent Insider Transactions • May 08
Insider recently sold €23k worth of stock On the 3rd of May, Fredrik Betts sold around 2k shares on-market at roughly €14.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.3k more than they bought in the last 12 months. Announcement • May 07
Alimak Group AB (publ) Approves Dividend, Payable on 14 May 2021 Alimak Group AB (publ) at its AGM held on May 6, 2021 resolved in accordance with the board's proposal, that a dividend and an extra dividend totalling SEK 3 per share would be paid, the record date being 10 May 2021. Dividends are expected to be distributed by Euroclear Sweden AB on 14 May 2021. Recent Insider Transactions • May 01
Insider recently bought €6.2k worth of stock On the 22nd of April, Mark Casey bought around 450 shares on-market at roughly €13.76 per share. In the last 3 months, there was an even bigger purchase from another insider worth €13k. Insiders have collectively bought €19k more in shares than they have sold in the last 12 months. Upcoming Dividend • Apr 30
Upcoming dividend of kr3.00 per share Eligible shareholders must have bought the stock before 07 May 2021. Payment date: 14 May 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.1%). Recent Insider Transactions • Apr 28
Insider recently bought €6.2k worth of stock On the 22nd of April, Mark Casey bought around 450 shares on-market at roughly €13.76 per share. In the last 3 months, there was an even bigger purchase from another insider worth €13k. Insiders have collectively bought €19k more in shares than they have sold in the last 12 months. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS kr1.15 (vs kr0.76 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr845.6m (down 7.7% from 1Q 2020). Net income: kr62.5m (up 51% from 1Q 2020). Profit margin: 7.4% (up from 4.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Mar 20
Full year 2020 earnings released: EPS kr3.37 (vs kr7.28 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.74b (down 19% from FY 2019). Net income: kr182.7m (down 54% from FY 2019). Profit margin: 4.9% (down from 8.6% in FY 2019). The decrease in margin was driven by lower revenue. 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 3% per year, which means it is well ahead of earnings. Announcement • Mar 13
Alimak Group Appoints Salomeh Tafazoli as EVP Industrial Division, Effective June 1, 2021 Alimak Group has appointed Salomeh Tafazoli as EVP Industrial division, effective as of June 1, 2021. Salomeh Tafazoli is currently Vice President Sales and Marketing EMEA at Snap-on Equipment. She has extensive experience from the automotive industry, working with both products and services, and has previously held various strategic and commercial roles within Volvo Group and Car-O-Liner Group. Is New 90 Day High Low • Mar 11
New 90-day high: €14.10 The company is up 17% from its price of €12.04 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.36 per share. Recent Insider Transactions • Mar 03
Independent Director recently bought €13k worth of stock On the 26th of February, Christina Hallin bought around 1k shares on-market at roughly €13.14 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €44k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 01
Independent Director recently bought €13k worth of stock On the 26th of February, Christina Hallin bought around 1k shares on-market at roughly €13.14 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €73k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 13
Full year 2020 earnings released: EPS kr3.37 (vs kr7.28 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.74b (down 19% from FY 2019). Net income: kr182.7m (down 54% from FY 2019). Profit margin: 4.9% (down from 8.6% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. Analyst Estimate Surprise Post Earnings • Feb 13
Revenue misses expectations Revenue missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 7.6%, compared to a 5.0% growth forecast for the Machinery industry in Germany. Announcement • Feb 09
Alimak Group AB Appoints Thomas Hendel as CFO, Effective May 17, 2021 Alimak Group AB has appointed Thomas Hendel as CFO, effective as of May 17, 2021. Thomas Hendel will join Alimak Group from the role as Deputy Chief Financial Officer of Saab Group, a position he has held since 2016. He has 30 years of experience from different financial and general management roles within Saab and ABB, including as Interim Chief Financial Officer at Saab between May and September 2020. Until the date of accession, Bernt Ingman continues as Interim CFO. Is New 90 Day High Low • Feb 04
New 90-day high: €13.84 The company is up 22% from its price of €11.32 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.89 per share. Is New 90 Day High Low • Jan 08
New 90-day high: €12.84 The company is up 2.0% from its price of €12.56 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.79 per share. Announcement • Nov 27
Alimak Group AB Appoints Annika Haaker as Chief People & Culture Officer Alimak Group AB announced the addition of the Chief People & Culture Officer function. The Group announced that the position will be filled by Annika Haaker. Annika Haaker is currently Group HR Director of HL Display. Annika will be a part of the Group Leadership Team and will start by mid-May 2021 at the latest. Announcement • Nov 26
Alimak Group AB (publ) Announces Change of CFO Tobias Lindquist has decided to leave his role as CFO of Alimak Group. Bernt Ingman will as of November 26, 2020, assume the role of Interim CFO. Tobias Lindquist will remain available to support a smooth transition over the coming months. Is New 90 Day High Low • Oct 05
New 90-day high: €11.72 The company is up 25% from its price of €9.36 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery 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 €11.48 per share. Announcement • Aug 28
Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Verta Corporation. Alimak Group AB (publ) (OM:ALIG) entered into an agreement to acquire Verta Corporation on August 27, 2020. Post transaction, Verta Corporation will become a part of Alimak Group’s business. Verta Corporation reported a revenue of $3.1 million for the year ended December 31, 2019. Transaction is expected to close on September 30, 2020.