Bonava Management

Management criteria checks 1/4

Bonava's CEO is Peter Wallin, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is SEK13.47M, comprised of 64.7% salary and 35.3% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth €73.89K. The average tenure of the management team and the board of directors is 3.1 years and 2 years respectively.

Key information

Peter Wallin

Chief executive officer

kr13.5m

Total compensation

CEO salary percentage	64.7%
CEO tenure	3.2yrs
CEO ownership	0.03%
Management average tenure	3.1yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Wallin's remuneration changed compared to Bonava's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-kr1b
Dec 31 2023	kr13m	kr9m	-kr1b
Sep 30 2023	n/a	n/a	-kr1b
Jun 30 2023	n/a	n/a	kr195m
Mar 31 2023	n/a	n/a	kr301m
Dec 31 2022	kr13m	kr9m	kr440m
Sep 30 2022	n/a	n/a	kr772m
Jun 30 2022	n/a	n/a	kr941m
Mar 31 2022	n/a	n/a	kr734m
Dec 31 2021	kr12m	kr7m	kr681m

Compensation vs Market: Peter's total compensation ($USD1.23M) is above average for companies of similar size in the German market ($USD691.02K).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.

CEO

Peter Wallin (56 yo)

3.2yrs

Tenure

kr13,469,000

Compensation

Mr. Peter Wallin has been President and Chief Executive Officer at Bonava AB (publ) since February 01, 2021. He served as Executive Chairman of the Board of HENT at Ratos AB (publ) since February 10, 2020...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Wallin	President & CEO	3.2yrs	kr13.47m	0.027% SEK 73.9k
Olle Boback	Independent Director	no data	kr340.00k	0.0073% SEK 20.2k
Lars Ingman	Acting Chief Financial Officer	less than a year	no data	no data
Anna Fyhrlund	Head of Investor Relations	no data	no data	no data
Hedvig Wallander	Group Head of Legal	2.5yrs	no data	0.0047% SEK 12.9k
Fredrik Hammarbäck	Group Head of Press & Public Affairs	no data	no data	no data
Michael Björklund	Business Unit President of Sweden & Baltics	7.3yrs	no data	0.00071% SEK 2.0k
Sabine Helterhoff	President of Germany Business Unit	no data	no data	0.0031% SEK 8.5k
Evin Khaffaf	Group Head of Communication	no data	no data	no data
Anna Wenner	Senior Vice President of Brand & Culture	2.2yrs	no data	0.0024% SEK 6.8k
Daniel Oppenheim	Group Head ESG Control & Reporting	no data	no data	no data
Riku Patokoski	Unit President of Bonava Finland	3.1yrs	no data	0.0037% SEK 10.4k

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 66B's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Olle Boback	Independent Director	less than a year	kr340.00k	0.0073% SEK 20.2k
Viveca Johnson	Director	8.3yrs	kr320.00k	0.046% SEK 127.2k
Per-Ingemar Persson	Independent Director	3.1yrs	kr393.00k	0.0062% SEK 17.1k
Mats Jonsson	Independent Chairman	4.1yrs	kr851.00k	0.0093% SEK 25.8k
Anette Frumerie	Independent Director	less than a year	kr266.00k	0.0031% SEK 8.6k
Nils Styf	Independent Director	2yrs	kr266.00k	0.014% SEK 39.5k
Tobias Lonnevall	Director	less than a year	no data	no data

2.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 66B's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Bonava Management

Management criteria checks 1/4

Key information

Recent management updates

Bonava AB (publ) Announces Composition of Nomination Committee

Bonava AB (Publ) Announces CFO Changes

Bonava AB (publ), Annual General Meeting, Apr 10, 2024

President & CEO recently bought €54k worth of stock

Bonava AB (Publ) Appoints Michael Björklund as New Business Unit President for Bonava Sweden

High number of new directors

Recent updates

First quarter 2024 earnings released: kr0.87 loss per share (vs kr0.87 loss in 1Q 2023)

Bonava AB (publ) Announces Composition of Nomination Committee

Bonava AB (publ) to Report Fiscal Year 2024 Results on Feb 04, 2025

Bonava Starts Production of 240 Housing Units in the Baltics

Bonava AB (publ) to Report Fiscal Year 2024 Results on Feb 03, 2025

Full year 2023 earnings released: kr10.66 loss per share (vs kr4.10 profit in FY 2022)

New major risk - Shareholder dilution

New minor risk - Market cap size

Full year 2023 earnings released: kr10.66 loss per share (vs kr4.71 profit in FY 2022)

Bonava AB (publ) to Report Nine Months, 2024 Results on Oct 24, 2024

Bonava AB (Publ) Announces CFO Changes

Bonava AB (publ) has filed a Follow-on Equity Offering.

Investor sentiment deteriorates as stock falls 19%

Bonava AB (publ), Annual General Meeting, Apr 10, 2024

Star Development LLC signed an agreement to acquire St. Petersburg operations Of bonava from Bonava AB (publ) (OM:BONAV B).

Bonava AB (publ) to Report Q1, 2024 Results on Apr 24, 2024

The Bayer Group Pension Plan signed an agreement to acquire 176 rental apartments in Cologne, Germany from Bonava AB (publ) (OM:BONAV B).

Investor sentiment deteriorates as stock falls 16%

Second quarter 2023 earnings released

President & CEO recently bought €54k worth of stock

Bonava AB (Publ) Appoints Michael Björklund as New Business Unit President for Bonava Sweden

UNION Residential Development fund managed by Union Eiendomskapital AS reached an agreement to acquire Bonava Norge A/S from Bonava AB (publ) (OM:BONAV B) for SEK 1.5 billion.

High number of new directors

Now 22% undervalued after recent price drop

Investor sentiment improves as stock rises 17%

Full year 2022 earnings released: EPS: kr4.71 (vs kr7.54 in FY 2021)

Investor sentiment deteriorates as stock falls 21%

Full year 2022 earnings released: EPS: kr4.71 (vs kr7.54 in FY 2021)

INDUSTRIA Wohnen GmbH acquired 94 rental apartments in Leipzig and 60 rental apartments in Dusseldorf from Bonava AB (publ) for €50 million.

Bonava to Sell Total of 154 Rental Apartments in Germany

Investor sentiment deteriorated over the past week

High number of new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings released

Bonava AB (publ), Annual General Meeting, Apr 03, 2023

G-group Joint-Stock Company has entered into an agreement to acquire Bonava from Bonava AB (publ) (OM:BONAV B) for €98 million.

Investor sentiment deteriorated over the past week

Upcoming dividend of kr1.75 per share

Taaleri Housing Fund VIII, managed by Taaleri Oyj (HLSE:TAALA) acquired 313 sustainable rental apartments in the Helsinki region from Bonava AB (publ) (OM:BONAV B) for €85 million.

Second quarter 2022 earnings released: EPS: kr2.01 (vs kr0.71 in 2Q 2021)

ICECAPITAL Housing Fund VI Ky agreed to acquire 123 rental apartments in Finland from Bonava AB (publ) (OM:BONAV B).

High number of new directors

Bonava AB (publ) Announces Board Appointments

Bonava Decides to Close Its Operations in Russia

Investor sentiment deteriorated over the past week

Bonava AB (publ), Annual General Meeting, Apr 01, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Sirius Capital Partners acquired 53 rental apartments in Helsinki from Bonava AB (publ) (OM:BONAV B) for €16 million.

Bonava Announces Changes to its Executive Management Group

Independent Chairman recently bought €74k worth of stock

Bonava Provides Earning Forecast for 2026 and for the Interim 2024

Third quarter 2021 earnings released

Upcoming dividend of kr1.60 per share

eQ Residential Fund, managed by eQ Asset Management Ltd. acquired 50 rental apartments in Helsinki from Bonava AB (publ) (OM:BONAV B) for €12 million.

Second quarter 2021 earnings released

Independent Chairman recently bought €50k worth of stock

Independent Chairman recently bought €50k worth of stock

President & CEO recently bought €60k worth of stock

First quarter 2021 earnings released: kr0.06 loss per share (vs kr0.019 profit in 1Q 2020)

Bonava AB (Publ) Provides Production Guidance for the Full Year 2021

Independent Director has left the company

Upcoming dividend of kr3.65 per share

Bonava AB (Publ) Proposes Dividend Distributed in Two Installments, Payable on April 9, 2021 and October 7, 2021 Respectively

Full year 2020 earnings released: EPS kr6.82 (vs kr5.71 in FY 2019)

Revenue beats expectations

New 90-day high: €9.51

CEO & President Joachim Hallengren has left the company

New 90-day high: €9.01

Full year 2020 earnings released: EPS kr6.84 (vs kr5.71 in FY 2019)