Announcement • Apr 03
Logistea AB (Publ) Announces Retirement of Jonas Grandér from the Board at the Annual General Meeting on May 8, 2026 Logistea AB announced that director Jonas Grandér has declined re-election and will retire from the board at the Annual General Meeting to be held on May 8, 2026. Announcement • Feb 14
Logistea AB (publ) Proposes Dividend for the Financial Year 2025 Logistea AB (publ) announced the board of directors has decided to propose to the upcoming AGM in May 2026 that a dividend of SEK 0.20 per share should be paid for the financial year 2025. Announcement • Oct 11
Logistea AB (publ), Annual General Meeting, May 09, 2026 Logistea AB (publ), Annual General Meeting, May 09, 2026. Announcement • Jun 05
Logistea AB (publ) (OM:LOGI A) entered into an agreement to acquire fully let property in Hämeenlinna, Finland from eQ Commercial Properties Fund (AIF) a fund managed by eQ Oyj (HLSE:EQV1V). Logistea AB (publ) (OM:LOGI A) entered into an agreement to acquire fully let property in Hämeenlinna, Finland from eQ Commercial Properties Fund (AIF) a fund managed by eQ Oyj (HLSE:EQV1V) on June 3, 2025. The transaction is financed with bank loans and available funds.
The expected completion of the transaction is June 12, 2025.
Leif Laitinen of Borenius Attorneys Ltd acted as legal advisor to Logistea AB. Announcement • May 09
Logistea AB (Publ) Approves Dividend, Payable on 16 May 2025 and 18 November 2025 Logistea AB (publ) held its Annual General Meeting on 9 May 2025, The general meeting resolved, in accordance with the board of directors’ proposal, that dividend shall be distributed in a total amount of SEK 0.1 per share to be paid in two instalments. The general meeting resolved that record day for the first payment of SEK 0.05 per share shall be 13 May 2025 and that record day for the second payment of SEK 0.05 per share shall be 13 November 2025. The first payment is estimated to be distributed by Euroclear Sweden AB on 16 May 2025 and the second payment on 18 November 2025. Announcement • May 05
Logistea AB (Publ) Announces Board Changes Logistea AB (publ) announced that Kristoffer Formo be elected as a new member of the board of directors, instead of Stig Wærnes, as previously announced. If the general meeting resolves in accordance with the nomination committee’s proposal, the board of directors will consist of Patrik Tillman, Mia Arnhult, Jonas Grandér, Anneli Lindblom, and Kristoffer Formo. Kristoffer Formo was born in 1975 and holds a bachelor's degree in banking and finance from BI Norwegian Business School. Kristoffer Formo is currently owner and CEO of Formo AS. Previous experience includes positions as Head of M&A at KMC Properties ASA and transaction advisor within M&A at DNB Næringsmegling ASA. Kristoffer Formo is considered independent in relation to the company, the company management, and the company's major shareholders. Announcement • Feb 14
Logistea AB (publ), Annual General Meeting, May 09, 2025 Logistea AB (publ), Annual General Meeting, May 09, 2025. New Risk • Oct 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 22% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Shareholders have been substantially diluted in the past year (124% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: kr0.04 (vs kr0.43 in 3Q 2023) Third quarter 2024 results: EPS: kr0.04 (down from kr0.43 in 3Q 2023). Revenue: kr244.0m (up 181% from 3Q 2023). Net income: kr17.0m (down 76% from 3Q 2023). Profit margin: 7.0% (down from 83% in 3Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Oct 24
Logistea AB (publ) to Report Fiscal Year 2024 Final Results on Mar 28, 2025 Logistea AB (publ) announced that they will report fiscal year 2024 final results on Mar 28, 2025 Announcement • Sep 06
M2 Capital Management AB acquired 10.12% stake in Logistea AB (publ) (OM:LOGI A) from SlÄTtö FÖRvaltning Ab for approximately SEK 767 million. M2 Capital Management AB acquired 10.12% stake in Logistea AB (publ) (OM:LOGI A) from SlÄTtö FÖRvaltning Ab for approximately SEK 767 million on September 4, 2024. Slättö has divested all its funds’ holdings in Logistea AB to M2 Asset Management AB at a price of SEK 16.00 per share. M2 Asset Management AB increases its ownership by acquiring approximately 4.35 million A shares and approximately 43.6 million B shares for a total of SEK 767 million, making M2 Logistea's largest owner. The shares in Logistea were owned through Slättö’s funds and correspond to 10.12% and 11.25% of Logistea’s outstanding shares and votes respectively. After the transaction, M2's share of ownership amounts to roughly 22% of the capital and just under 25% of the votes. The deal makes M2 Logistea's largest owner both in terms of capital and votes. Carnegie Investment Bank AB acted as financial advisor for SlÄTtö FÖRvaltning Ab.
M2 Capital Management AB completed the acquisition of 10.12% stake in Logistea AB (publ) (OM:LOGI A) from SlÄTtö FÖRvaltning Ab on September 4, 2024. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.24, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 25x in the Real Estate industry in Germany. Total loss to shareholders of 14% over the past three years. New Risk • Jul 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Shareholders have been substantially diluted in the past year (235% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Reported Earnings • Jul 14
Second quarter 2024 earnings released: EPS: kr0.07 (vs kr0.09 in 2Q 2023) Second quarter 2024 results: EPS: kr0.07. Revenue: kr110.0m (up 33% from 2Q 2023). Net income: kr18.0m (up 50% from 2Q 2023). Profit margin: 16% (up from 14% in 2Q 2023). Board Change • May 07
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Chairman Patrik Tillman is the most experienced director on the board, commencing their role in 2004. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 28
Sanja Batljan Declines Re-Election from the Board of Directors of Logistea AB Logistea AB at the Annual General Meeting to be held on May 3, 2024, Sanja Batljan has declined re-election. Announcement • Mar 27
Logistea AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 250.008 million. Logistea AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 250.008 million.
Security Name: Series B Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,940,000
Price\Range: SEK 13.2 Announcement • Feb 16
Logistea AB (publ) to Report Q3, 2024 Results on Oct 25, 2024 Logistea AB (publ) announced that they will report Q3, 2024 results on Oct 25, 2024 Announcement • Jan 27
Logistea AB (publ) (OM:LOGI A) acquired two properties in Karlstad and Nybro from Ilja Batljan Invest Ab. Logistea AB (publ) (OM:LOGI A) entered into an agreement to acquire two properties in Karlstad and Nybro from Ilja Batljan Invest Ab on December 22, 2023. The Properties has an underlying property value of SEK188.8 million and a lettable area of approximately 24,200 sq.m. The annual rental income amounts to approximately SEK 14.2 million with an average remaining lease term of approximately 9 years. The transaction is conditional upon the approval at an extraordinary general meeting in Logistea and it is financed through a bank loan, own funds and through a seller promissory note amounting to SEK 20 million. Closing of the transaction is expected to take place on 31 January 2024.
Logistea AB (publ) (OM:LOGI A) acquired two properties in Karlstad and Nybro from Ilja Batljan Invest Ab on January 25, 2024. Buy Or Sell Opportunity • Jan 26
Now 28% undervalued Over the last 90 days, the stock has risen 41% to €0.97. The fair value is estimated to be €1.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Dec 28
Now 20% undervalued Over the last 90 days, the stock is up 75%. The fair value is estimated to be €1.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Dec 13
Now 21% undervalued Over the last 90 days, the stock is up 52%. The fair value is estimated to be €1.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 65% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Oct 31
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr89.0m (up 27% from 3Q 2022). Net income: kr72.0m (up 33% from 3Q 2022). Profit margin: 81% (up from 77% in 3Q 2022). The increase in margin was driven by higher revenue. Announcement • Oct 28
Logistea AB (publ), Annual General Meeting, May 03, 2024 Logistea AB (publ), Annual General Meeting, May 03, 2024. New Risk • Sep 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 73% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (18% net profit margin). Announcement • Sep 20
Logistea AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 435.843994 million. Logistea AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 435.843994 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,512,017
Price\Range: SEK 6.25
Security Name: Class B Ordinary Shares
Security Type: Common Stock
Securities Offered: 64,223,022
Price\Range: SEK 6.25
Transaction Features: Rights Offering Board Change • Aug 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Chairman Patrik Tillman is the most experienced director on the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jul 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr94.0m (up 68% from 2Q 2022). Net income: kr12.0m (down 90% from 2Q 2022). Profit margin: 13% (down from 223% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Jul 15
Logistea AB (publ) Appoints Erik Dansbo as A New Director of the Board Logistea AB (publ) appointed Erik Dansbo as a new director of the board, on its EGM, held on 14 July 2023. Announcement • Jun 21
SlÄTtö FÖRvaltning Ab acquired a 19.3% stake in Logistea AB (publ) (OM:LOGI A) from Ilija Batljan Invest AB (publ), Ilija Batljan Invest Kristianstad AB and Health Runner AB. SlÄTtö FÖRvaltning Ab acquired a 19.3% stake in Logistea AB (publ) (OM:LOGI A) from Ilija Batljan Invest AB (publ), Ilija Batljan Invest Kristianstad AB and Health Runner AB on June 19, 2023. Acquisition consist of in total 2,790,033 A shares and 24,091,425 B shares
SlÄTtö FÖRvaltning Ab completed the acquisition of a 19.3% stake in Logistea AB (publ) (OM:LOGI A) from Ilija Batljan Invest AB (publ), Ilija Batljan Invest Kristianstad AB and Health Runner AB on June 19, 2023. Board Change • Jun 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Chairman Patrik Tillman is the most experienced director on the board, commencing their role in 2004. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • May 06
Logistea AB (Publ) Announces Executive Changes Logistea AB (publ) announced that at its AGM held on May 5, 2023, elected Jonas Grandér as new member of the board of directors. Bengt Kjell, Caroline Thagesson and Johan Mark had declined re-election. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.30, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 14x in the Real Estate industry in Germany. Total returns to shareholders of 661% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 21% share price gain to €1.42, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 13x in the Real Estate industry in Germany. Total returns to shareholders of 163% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 16% share price gain to €1.19, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 14x in the Real Estate industry in Germany. Total returns to shareholders of 173% over the past three years. Announcement • Nov 29
Logistea AB (publ) (OM:LOGI A) agreed to acquire Bulten 1 in Alingsås for SEK 275 million. Logistea AB (publ) (OM:LOGI A) agreed to acquire Bulten 1 in Alingsås for SEK 275 million on November 28, 2022. The property has a lettable area of approximately 19,100 square meters. Annual rental income amounts to SEK 20.9 million with an average remaining lease duration of approximately nine years. The acquisition is financed through bank loans and own funds. The closing will take place on December 15, 2022. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Anneli Lindblom was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 16% share price gain to €1.35, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 12x in the Real Estate industry in Germany. Total returns to shareholders of 337% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr70.0m (up 204% from 3Q 2021). Net income: kr54.0m (up 350% from 3Q 2021). Profit margin: 77% (up from 52% in 3Q 2021). Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After last week's 23% share price gain to €1.22, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 11x in the Real Estate industry in Germany. Total returns to shareholders of 464% over the past three years. Reported Earnings • Jul 19
Second quarter 2022 earnings released: EPS: kr1.11 (vs kr1.06 in 2Q 2021) Second quarter 2022 results: EPS: kr1.11 (up from kr1.06 in 2Q 2021). Revenue: kr56.0m (up 195% from 2Q 2021). Net income: kr125.0m (up 56% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 81% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €1.73, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 12x in the Real Estate industry in Germany. Total returns to shareholders of 508% over the past three years. Reported Earnings • May 08
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr50.0m (down 30% from 1Q 2021). Net income: kr155.0m (up kr155.3m from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Announcement • May 06
Logistea AB (publ) to Report Fiscal Year 2023 Results on Feb 17, 2023 Logistea AB (publ) announced that they will report fiscal year 2023 results on Feb 17, 2023 Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Chairman Patrik Tillman is the most experienced director on the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 21
Logistea Recruits Jesper Carlsöö as Head of Project Development and Leasing Logistea AB (publ) has recruited Jesper Carlsöö as Head of Project Development and Leasing, and member of the Group Management team. Jesper has more than 15 years of experience in managing and leasing logistics properties, and is a many-time award winner as best Leasing Manager of the year. He takes up the post immediately. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 21% share price gain to €3.09, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 14x in the Real Estate industry in Germany. Total returns to shareholders of 452% over the past three years. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €2.07, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 14x in the Real Estate industry in Germany. Total returns to shareholders of 191% over the past three years. Reported Earnings • Feb 22
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr4.02 (up from kr0.046 in FY 2020). Net income: kr317.0m (up kr315.1m from FY 2020). Revenue exceeded analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. Announcement • Feb 19
Logistea AB (Publ) Announces Dividend Policy The Board of Logistea AB (publ) target is to annually propose to the Annual General Meeting to resolve on dividends corresponding to at least 30% of the company's profit. The Board intends to prioritizegrowth over dividends over the next few years, which may result in low or non-dividends to ordinary shares. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €3.42, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 14x in the Real Estate industry in Germany. Total returns to shareholders of 462% over the past three years. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 25% share price decline to €4.87, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 14x in the Real Estate industry in Germany. Total returns to shareholders of 563% over the past three years. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €2.45, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 24x in the Luxury industry in Germany. Total returns to shareholders of 241% over the past three years. Reported Earnings • Nov 27
Third quarter 2021 earnings: Revenues exceed analyst expectations Third quarter 2021 results: Revenue: kr23.0m (down 61% from 3Q 2020). Net income: kr12.0m (up 69% from 3Q 2020). Profit margin: 52% (up from 12% in 3Q 2020). Revenue exceeded analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorated over the past week After last week's 28% share price decline to €3.85, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 34x in the Luxury industry in Germany. Total returns to shareholders of 408% over the past three years. Board Change • Nov 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Chairman Patrik Tillman is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 32% share price gain to €2.77, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 25x in the Luxury industry in Germany. Total returns to shareholders of 174% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improved over the past week After last week's 15% share price gain to €1.83, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 25x in the Luxury industry in Germany. Total returns to shareholders of 58% over the past three years. Board Change • Sep 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Chairman Patrik Tillman is the most experienced director on the board, commencing their role in 2013. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS kr1.04 (vs kr0.30 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr79.1m (up 110% from 2Q 2020). Net income: kr78.8m (up kr90.0m from 2Q 2020). Profit margin: 100% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 18
New 90-day low: €1.30 The company is down 10.0% from its price of €1.44 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 3.0% over the same period. Reported Earnings • Feb 13
Full year 2020 earnings released: EPS kr0.05 (vs kr6.42 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr201.1m (down 25% from FY 2019). Net income: kr1.92m (up kr77.8m from FY 2019). Profit margin: 1.0% (up from net loss in FY 2019). 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 10% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 27
New 90-day low: €1.31 The company is down 7.0% from its price of €1.41 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total losses of kr39.8m, with losses narrowing by 42% from the prior year. Total revenue was kr208.1m over the last 12 months, down 28% from the prior year. Announcement • Aug 27
Odd Molly International AB (publ) (OM:ODD) entered into an agreement to acquire two logistics properties from Trenas Forvaltning AB and two others for SEK 60 million. Odd Molly International AB (publ) (OM:ODD) entered into an agreement to acquire two logistics properties from Trenas Forvaltning AB and two others for SEK 60 million on August 26, 2020. Transaction will be financed through planned new issues amounting to just over SEK 57 million, bank loans and seller financing. In 2019, properties generated revenue of SEK 13.8 million and operating income of SEK 10.7 million. The scheduled date of closing is October 22, 2020. Announcement • Aug 21
An unknown buyer acquired unknown minority stake in Odd Molly International AB (publ) (OM:ODD) from Nes Capital AB. An unknown buyer acquired unknown minority stake in Odd Molly International AB (publ) (OM:ODD) from Nes Capital AB on August 20, 2020. as per terms of transaction, Nes Capital AB sold its entire stake in Odd Molly International AB (publ).
An unknown buyer completed the acquisition of unknown minority stake in Odd Molly International AB (publ) (OM:ODD) from Nes Capital AB on August 20, 2020. Announcement • Jul 23
Ytrade Group AB signed a letter of intent to acquire Used By International AB from Odd Molly International AB (publ) (OM:ODD) in a transaction valued at SEK 27 million. Ytrade Group AB signed a letter of intent to acquire Used By International AB from Odd Molly International AB (publ) (OM:ODD) in a transaction valued at SEK 27 million on July 22, 2020. Post the completion of the transaction, Odd Molly will own 40% of Used By. The transaction is expected to be completed during August 2020.