Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €14.97, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.93 per share. Reported Earnings • Jul 16
Second quarter 2026 earnings released: EPS: kr3.40 (vs kr2.69 in 2Q 2025) Second quarter 2026 results: EPS: kr3.40 (up from kr2.69 in 2Q 2025). Revenue: kr2.72b (up 16% from 2Q 2025). Net income: kr197.1m (up 26% from 2Q 2025). Profit margin: 7.2% (up from 6.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Building industry in Europe. 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 16% per year, which means it is well ahead of earnings. Announcement • May 28
Inwido AB (Publ) Approves Dividend, Payable on 3 June 2026 Inwido AB at its Annual General Meeting held on May 27, 2026 resolved, in accordance with the Board of Directors’ proposal, on dividend amounting to SEK 5.50 per share and that the record date for the dividend shall be Friday 29 May 2026. Thus, dividend is expected to be paid by Euroclear Sweden AB starting Wednesday 3 June 2026. Declared Dividend • May 20
Dividend of kr5.50 announced Shareholders will receive a dividend of kr5.50. Ex-date: 28th May 2026 Payment date: 3rd June 2026 Dividend yield will be 43%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 28
Inwido AB (publ) to Report Fiscal Year 2026 Results on Feb 09, 2027 Inwido AB (publ) announced that they will report fiscal year 2026 results on Feb 09, 2027 Announcement • Feb 04
Inwido AB (publ) announces Annual dividend, payable on June 03, 2026 Inwido AB (publ) announced Annual dividend of SEK 5.5000 per share payable on June 03, 2026, ex-date on May 28, 2026 and record date on May 29, 2026. Announcement • Dec 10
Inwido AB (publ) (OM:INWI) acquired 70% stake in AJM Okna-Vrata-Sencila D.O.O. from Marija Ajlec. Inwido AB (publ) (OM:INWI) acquired 70% stake in AJM Okna-Vrata-Sencila D.O.O. from Marija Ajlec on December 9, 2025. Following the acquisition, Inwido AB (publ) has a call/put option for the remaining 30%, held by management, in early 2028.
For the period ending December 31, 2024, AJM Okna-Vrata-Sencila D.O.O. reported total revenue of €30 million and employs 200 people.
Inwido AB (publ) (OM:INWI) completed the acquisition of 70% stake in AJM Okna-Vrata-Sencila D.O.O. from Marija Ajlec on December 9, 2025. Announcement • Dec 09
Inwido AB (publ) (OM:INWI) acquired Victorian House Window Group Ltd from Business Growth Fund Limited and other shareholders for £60 million. Inwido AB (publ) (OM:INWI) acquired Victorian House Window Group Ltd from Business Growth Fund Limited and other shareholders for £60 million on December 8, 2025. A cash consideration of £60 million will be paid by Inwido AB (publ). As part of consideration, £60 million is paid towards common equity of Victorian House Window Group Ltd.
Inwido AB (publ) (OM:INWI) completed the acquisition of Victorian House Window Group Ltd from Business Growth Fund Limited and other shareholders on December 8, 2025. Announcement • Oct 22
Inwido AB (publ) Announces Executives Appointments Inwido AB (publ) welcomed two new members to the Group Management: Malin Cullin, EVP People & Culture, and Ulrika Hultgren, EVP Communications & Sustainability. As a result, Jonna Opitz has handed over Communications and is now fully focused on the role of EVP BA Western Europe. Announcement • Oct 15
Inwido AB (publ), Annual General Meeting, May 27, 2026 Inwido AB (publ), Annual General Meeting, May 27, 2026, at 15:00 W. Europe Standard Time. Announcement • Sep 09
Inwido AB (publ) (OM:INWI) agreed to acquire 85% stake in Rm Snickerier Aktiebolag. Inwido AB (publ) (OM:INWI) agreed to acquire 85% stake in Rm Snickerier Aktiebolag on September 8, 2025. Inwido AB is purchasing 85% of the shares with an option to acquire the remaining 15% by 2030. Mikael Carlsson will remain as CEO and minority owner of Rm Snickerier Aktiebolag. The operations will become an independent business unit within the business area Scandinavia.
As of December 31, 2024, Rm Snickerier Aktiebolag has a turnover of SEK 70 million.
The takeover is planned for early October 2025.
IMAP Sweden acted as financial advisor for Rm Snickerier Aktiebolag. Announcement • May 15
Inwido AB (Publ) Approves Cash Dividend for the Year 2024, Payable on May 22, 2025 Inwido AB (publ) at its AGM held on May 15, 2025, approved dividend amounting to SEK 5.50 per share and that the record date for the dividend shall be 19 May 2025. Thus, dividend is expected to be paid by Euroclear Sweden AB starting 22 May 2025. Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: kr3.23 (vs kr3.26 in 3Q 2023) Third quarter 2024 results: EPS: kr3.23 (down from kr3.26 in 3Q 2023). Revenue: kr2.27b (down 2.8% from 3Q 2023). Net income: kr187.3m (flat on 3Q 2023). Profit margin: 8.2% (up from 8.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Oct 22
Inwido AB (publ) Announces Jonna Opitz, Who Has Been Acting EVP for Business Area Western Europe Has Now Taken Up This Role Permanently Inwido AB (publ) announced that Jonna Opitz, who has been acting EVP for Business Area Western Europe since October 2023, has now taken up this role permanently. Reported Earnings • Jul 14
Second quarter 2024 earnings released: EPS: kr2.52 (vs kr3.36 in 2Q 2023) Second quarter 2024 results: EPS: kr2.52 (down from kr3.36 in 2Q 2023). Revenue: kr2.33b (up 3.0% from 2Q 2023). Net income: kr146.3m (down 25% from 2Q 2023). Profit margin: 6.3% (down from 8.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Building industry in Europe. 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 4% per year. Board Change • May 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Director Mikael Jonson was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 10
Dividend of kr6.50 announced Shareholders will receive a dividend of kr6.50. Ex-date: 17th May 2024 Payment date: 23rd May 2024 Dividend yield will be 55%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: kr11.72 (vs kr13.74 in FY 2022) Full year 2023 results: EPS: kr11.72 (down from kr13.74 in FY 2022). Revenue: kr8.97b (down 6.0% from FY 2022). Net income: kr679.1m (down 15% from FY 2022). Profit margin: 7.6% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 17
Inwido AB (publ) to Report Fiscal Year 2023 Final Results on Apr 11, 2024 Inwido AB (publ) announced that they will report fiscal year 2023 final results at 9:00 AM, Central European Standard Time on Apr 11, 2024 Announcement • Feb 09
Inwido AB (publ) to Report Nine Months, 2024 Results on Oct 22, 2024 Inwido AB (publ) announced that they will report nine months, 2024 results on Oct 22, 2024 Reported Earnings • Feb 09
Full year 2023 earnings released: EPS: kr11.72 (vs kr13.74 in FY 2022) Full year 2023 results: EPS: kr11.72 (down from kr13.74 in FY 2022). Revenue: kr8.97b (down 6.0% from FY 2022). Net income: kr679.1m (down 15% from FY 2022). Profit margin: 7.6% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 3.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 09
Inwido AB (publ) Proposes Dividend for the Year 2023 Inwido AB (publ) announced that the board of directors proposed a dividend of SEK 6.50 per share for the year 2023 compared to SEK 6.50 per share paid a year ago. Recent Insider Transactions • Oct 31
President & CEO recently sold €188k worth of stock On the 27th of October, Henrik Hjalmarsson sold around 20k shares on-market at roughly €9.38 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Henrik's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €9.22, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Building industry in Europe. Total returns to shareholders of 18% over the past three years. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: kr3.26 (vs kr3.88 in 3Q 2022) Third quarter 2023 results: EPS: kr3.26 (down from kr3.88 in 3Q 2022). Revenue: kr2.34b (down 2.0% from 3Q 2022). Net income: kr188.7m (down 16% from 3Q 2022). Profit margin: 8.1% (down from 9.4% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.9% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €9.48, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Building industry in Europe. Total returns to shareholders of 29% over the past three years. New Risk • Jul 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risk Earnings are forecast to decline by an average of 6.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Jul 14
Second quarter 2023 earnings released: EPS: kr3.36 (vs kr3.66 in 2Q 2022) Second quarter 2023 results: EPS: kr3.36 (down from kr3.66 in 2Q 2022). Revenue: kr2.26b (down 8.6% from 2Q 2022). Net income: kr194.5m (down 8.3% from 2Q 2022). Profit margin: 8.6% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 14
Inwido AB (publ) (OM:INWI) acquired a 70% stake in Sidey Solutions Limited from Charles Arbuthnott, Michael Dobson and management team. Inwido AB (publ) (OM:INWI) acquired a 70% stake in Sidey Solutions Limited from Charles Arbuthnott, Michael Dobson and management team on July 13, 2023. The owners, consisting of the majority owners Charles Arbuthnott and Michael Dobson and the management team, will retain 30% of the shares for a period of at least three and a half years. The acquisition is financed through available cash. Sidey Group becomes part of Inwido's business area Western Europe alongside Allan Brothers (UK), Carlson (IE), CWG Choices (UK), Dekko (UK) and Jack Brunsdon (UK), Sidey had sales of approximately SEK 800 million, 70% of the shares at a multiple just below 6 times operating EBIT in the last twelve-month period.
Inwido AB (publ) (OM:INWI) completed the acquisition of a 70% stake in Sidey Solutions Limited from Charles Arbuthnott, Michael Dobson and management team on July 13, 2023. Announcement • Jul 06
Inwido AB (publ) to Report Q2, 2023 Results on Jul 14, 2023 Inwido AB (publ) announced that they will report Q2, 2023 results at 7:45 AM, Central European Standard Time on Jul 14, 2023 Announcement • May 05
Inwido AB (publ) Approves Dividend, Payable on May 11, 2023 Inwido AB (publ) announced that the AGM resolved in accordance with the proposal of the Board on dividend amounting to SEK 6.50 per share and that the record date for the dividend shall be 8 May 2023. Thus, dividend is expected to be paid by Euroclear Sweden AB starting 11 May 2023. Upcoming Dividend • Apr 28
Upcoming dividend of kr6.50 per share at 6.0% yield Eligible shareholders must have bought the stock before 05 May 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%). Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: kr13.74 (vs kr12.29 in FY 2021) Full year 2022 results: EPS: kr13.74 (up from kr12.29 in FY 2021). Revenue: kr9.55b (up 24% from FY 2021). Net income: kr796.4m (up 12% from FY 2021). Profit margin: 8.3% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Building industry in Europe are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 23% per year. Announcement • Feb 08
Inwido AB (Publ) Proposes Dividend for the Financial Year 2022, Payable on May 11, 2023 In line with the dividend policy and taking the capital structure into account, the Board of Directors of Inwido AB (publ) proposed that the dividend for the 2022 financial year be set at SEK 6.50 per share (6.15). The proposed record date for entitlement to dividends is May 8, 2023. If the Annual General Meeting approves the proposal, it is anticipated that the dividend will be paid on May 11, 2023. Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: kr13.74 (vs kr12.29 in FY 2021) Full year 2022 results: EPS: kr13.74 (up from kr12.29 in FY 2021). Revenue: kr9.55b (up 24% from FY 2021). Net income: kr796.4m (up 12% from FY 2021). Profit margin: 8.3% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Building industry in Europe are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Dec 29
Now 21% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be €12.33, however this is not to be taken as a buy 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 24%. For the next 3 years, revenue is forecast to decline by 2.5% per annum. Earnings is also forecast to decline by 8.1% per annum over the same time period. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: kr3.88 (vs kr3.57 in 3Q 2021) Third quarter 2022 results: EPS: kr3.88 (up from kr3.57 in 3Q 2021). Revenue: kr2.39b (up 26% from 3Q 2021). Net income: kr225.0m (up 8.8% from 3Q 2021). Profit margin: 9.4% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Oct 12
Inwido AB (publ), Annual General Meeting, May 04, 2023 Inwido AB (publ), Annual General Meeting, May 04, 2023. Reported Earnings • Jul 16
Second quarter 2022 earnings released: EPS: kr3.66 (vs kr3.29 in 2Q 2021) Second quarter 2022 results: EPS: kr3.66 (up from kr3.29 in 2Q 2021). Revenue: kr2.48b (up 23% from 2Q 2021). Net income: kr212.2m (up 11% from 2Q 2021). Profit margin: 8.6% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 8.7%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year and the company’s share price has also increased by 24% per year. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €10.64, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Building industry in Europe. Total returns to shareholders of 85% over the past three years. Announcement • Jun 02
Inwido AB (publ) (OM:INWI) acquired 65% stake in Hyvinkään Puuseppien Oy from Ilkka Turpiainen. Inwido AB (publ) (OM:INWI) acquired 65% stake in Hyvinkään Puuseppien Oy from Ilkka Turpiainen on May 31, 2022. The owners retain 35 percent of the shares for a period of at least two years. The purchase price for the remaining shares will be based on the future financial performance of Hyvinkään Puuseppien Oy. The acquisition Hyvinkään Puuseppien Oy is financed through available cash and will have a marginally positive impact on Inwido's earnings per share during 2022. Hyvinkään Puuseppien will in connection with the deal be an independent business unit within Inwido while at the same time benefitting from synergies with Inwido's central purchasing organization. In the last financial
year, the company reported sales of approximately SEK 40 million.
Inwido AB (publ) (OM:INWI) completed the acquisition of 65% stake in Hyvinkään Puuseppien Oy from Ilkka Turpiainen on May 31, 2022. Recent Insider Transactions • May 06
Executive Vice President of E-Commerce recently bought €60k worth of stock On the 29th of April, Bo Christensen bought around 5k shares on-market at roughly €13.02 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • May 06
Inwido AB (Publ) Announces Dividend, Payable on May 12, 2022 Inwido AB (publ) announced that the AGM resolved in accordance with the proposal of the Board on dividend amounting to SEK 6.15 per share and that the record date for the dividend shall be 9 May 2022. Thus, dividend is expected to be paid by Euroclear Sweden AB starting 12 May 2022. Upcoming Dividend • Apr 29
Upcoming dividend of kr6.15 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.0%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €11.30, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 140% over the past three years. Reported Earnings • Apr 08
Full year 2021 earnings released: EPS: kr12.29 (vs kr8.64 in FY 2020) Full year 2021 results: EPS: kr12.29 (up from kr8.64 in FY 2020). Revenue: kr7.72b (up 16% from FY 2020). Net income: kr712.6m (up 42% from FY 2020). Profit margin: 9.2% (up from 7.5% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.2%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 04
Inwido AB (Publ) Proposes Dividend, Payable 12 May 2022 The Board of Inwido AB (publ) has proposed a dividend of SEK 6.15 per share (4.50). As record date for the dividend the Board has proposed 9 May 2022. If the AGM resolves in accordance with the proposal, the dividend is expected to be paid by Euroclear Sweden AB starting 12 May 2022. Announcement • Mar 04
Inwido AB (publ) (OM:INWI) acquired 70% of Dekko Window Systems Limited. Inwido AB (publ) (OM:INWI) acquired 70% of Dekko Window Systems Limited on March 3, 2022. The company has approximately 200 employees and a production facility in Greater Manchester. In the last financial year, the company reported sales of approximately SEK 280 million. The acquisition of Dekko Window Systems Ltd is financed through available cash and will have a marginally positive impact on Inwido's earnings per share during 2022. The purchase price is in line with Inwido's usual multiples. The owners retain 30 percent of the shares for a period of at least three years. The purchase price for the remaining shares will be based on the future financial performance of Dekko Window Systems Ltd
Inwido AB (publ) (OM:INWI) completed the acquisition of Dekko Window Systems Limited on March 3, 2022. Reported Earnings • Feb 10
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr12.29 (up from kr8.64 in FY 2020). Revenue: kr7.72b (up 16% from FY 2020). Net income: kr712.6m (up 42% from FY 2020). Profit margin: 9.2% (up from 7.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 6.2%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 08
Inwido AB (publ) Proposes Dividend for the Year Ended December 2021 The board of directors of Inwido AB (publ) proposed dividend for the year ended December 2021 of SEK 6.15 per share compared to SEK 4.50 per share paid a year ago. Buying Opportunity • Jan 25
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be kr19.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.5% per annum over the last 3 years. Earnings per share has grown by 19% per annum over the last 3 years. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS kr3.57 (vs kr3.06 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr1.90b (up 11% from 3Q 2020). Net income: kr206.8m (up 17% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS kr3.29 (vs kr2.46 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr2.01b (up 17% from 2Q 2020). Net income: kr190.7m (up 34% from 2Q 2020). Profit margin: 9.5% (up from 8.3% 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 19% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • May 12
Independent Chairman Georg Brunstam has left the company On the 6th of May, Georg Brunstam's tenure as Independent Chairman ended after 3.5 years in the role. We don't have any record of a personal shareholding under Georg's name. A total of 2 executives have left over the last 12 months. Announcement • May 07
Inwido AB (Publ) Approves Dividend, Payable Starting 14 May 2021 The AGM of Inwido AB (publ) resolved in accordance with the proposal of the Board dividend amounting to SEK 4.50 per share and that the record date for the dividend shall be 10 May 2021. Thus, dividend is expected to be paid by Euroclear Sweden AB starting 14 May 2021. Upcoming Dividend • Apr 30
Upcoming dividend of kr4.50 per share Eligible shareholders must have bought the stock before 07 May 2021. Payment date: 14 May 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.6%). Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS kr1.71 (vs kr0.10 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr1.64b (up 14% from 1Q 2020). Net income: kr99.3m (up kr93.5m from 1Q 2020). Profit margin: 6.0% (up from 0.4% 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 18% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 11
Full year 2020 earnings released: EPS kr8.64 (vs kr7.47 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: kr6.68b (flat on FY 2019). Net income: kr500.6m (up 16% from FY 2019). Profit margin: 7.5% (up from 6.5% in FY 2019). Recent Insider Transactions • Feb 14
President recently bought €37k worth of stock On the 11th of February, Henrik Hjalmarsson bought around 3k shares on-market at roughly €12.49 per share. This was the largest purchase by an insider in the last 3 months. Henrik has been a buyer over the last 12 months, purchasing a net total of €82k worth in shares. Recent Insider Transactions • Feb 13
President recently bought €37k worth of stock On the 11th of February, Henrik Hjalmarsson bought around 3k shares on-market at roughly €12.49 per share. This was the largest purchase by an insider in the last 3 months. Henrik has been a buyer over the last 12 months, purchasing a net total of €82k worth in shares. Is New 90 Day High Low • Feb 12
New 90-day high: €12.78 The company is up 30% from its price of €9.86 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.97 per share. Reported Earnings • Feb 12
Full year 2020 earnings released: EPS kr8.64 (vs kr7.47 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: kr6.68b (flat on FY 2019). Net income: kr500.6m (up 16% from FY 2019). Profit margin: 7.5% (up from 6.5% in FY 2019). Analyst Estimate Surprise Post Earnings • Feb 12
Revenue misses expectations Revenue missed analyst estimates by 0.3%. Over the next year, revenue is forecast to stay flat compared to a 3.5% growth forecast for the Building industry in Germany. Announcement • Feb 10
Inwido AB Announces Executive Changes Inwido AB announced that Per Bertland is proposed as the new Chairman of the Board following Georg Brunstam having declined re-election. Announcement • Jan 21
Inwido AB to Report Q4, 2020 Results on Feb 10, 2021 Inwido AB announced that they will report Q4, 2020 results on Feb 10, 2021 Is New 90 Day High Low • Jan 08
New 90-day high: €12.23 The company is up 24% from its price of €9.83 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building 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 €6.01 per share. Is New 90 Day High Low • Dec 11
New 90-day high: €10.77 The company is up 30% from its price of €8.31 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building 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 €5.93 per share. Is New 90 Day High Low • Nov 12
New 90-day high: €10.08 The company is up 28% from its price of €7.87 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.17 per share. Announcement • Nov 02
Georg Brunstam Declines Re-Election at Inwido AB Due to his return to the position as President and CEO of HEXPOL AB, Inwido's Chairman of the Board Georg Brunstam informed the Nomination Committee that he does not intend to make himself available for re-election at the next Annual General Meeting. Georg Brunstam resigns as Chairman and Board member at the Annual General Meeting on May 6 2021. Analyst Estimate Surprise Post Earnings • Oct 22
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 1.4% at kr1.72b. Revenue is forecast to grow 2.1% over the next year, compared to a 1.1% growth forecast for the Building industry in Germany. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of kr457.8m, up 5.3% from the prior year. Total revenue was kr6.70b over the last 12 months, largely unchanged from the prior year. Is New 90 Day High Low • Oct 01
New 90-day high: €8.94 The company is up 45% from its price of €6.18 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building 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 €4.91 per share.