Announcement • Apr 25
CLS Holdings plc Approves Final Dividend for the Year Ended 31 December 2025 CLS Holdings plc at its Annual General Meeting held on April 23, 2026, approved a final dividend for the year ended 31 December 2025 of 2.7 pence per ordinary share. Announcement • Mar 14
CLS Holdings plc, Annual General Meeting, Apr 23, 2026 CLS Holdings plc, Annual General Meeting, Apr 23, 2026. Announcement • Mar 13
CLS Holdings plc Recommends Final Dividend for the Year Ended 31 December 2025, Payable on 22 May 2026 CLS Holdings plc recommended a final dividend of 2.70 pence per share for the year ended 31 December 2025, in line with the 2.68 pence final dividend declared in 2024. Ex-dividend date is 9 April 2026. Record date is 10 April 2026. Payment date is 22 May 2026. Announcement • Nov 15
CLS Holdings plc to Report Fiscal Year 2025 Results on Mar 13, 2026 CLS Holdings plc announced that they will report fiscal year 2025 results on Mar 13, 2026 Announcement • Oct 08
Values Real Estate acquired medical center at Jarrestraße 8-10 in Hamburg from CLS Holdings plc (LSE : CLI). Values Real Estate acquired medical center at Jarrestraße 8-10 in Hamburg from CLS Holdings plc (LSE : CLI) on September 1, 2025.
Values Real Estate completed the acquisition of medical center at Jarrestraße 8-10 in Hamburg from CLS Holdings plc (LSE : CLI) on September 1, 2025. Announcement • Jun 06
Barings (U.K.) Limited and Rosethorn Capital Partners completed the acquisition of Student accommodation at Spring Mews OF CLS Holdings plc from CLS Holdings plc (LSE:CLI). Barings (U.K.) Limited and Rosethorn Capital Partners agreed to acquire Student accommodation at Spring Mews OF CLS Holdings plc from CLS Holdings plc (LSE:CLI) for approximately £100 million on March 27, 2025. Consequently, on completion of the Spring Mews sale, the disposal proceeds will be used to repay £85.8 million of debt for the two properties being substituted into the Aviva Investors portfolio.
The sale will be completed in May 2025 when the remaining consideration will be paid.
Jamie Richards and David Watkins of Panmure Liberum Limited acted as financial advisor for CLS Holdings plc. Carl Gough and Harry Nicholas of Joh. Berenberg, Gossler & Co. KG, London Branch acted as financial advisor for CLS Holdings plc.
Barings (U.K.) Limited and Rosethorn Capital Partners completed the acquisition of Student accommodation at Spring Mews OF CLS Holdings plc from CLS Holdings plc (LSE:CLI) June 5, 2025. Announcement • May 17
CLS Holdings plc Approves Final Dividend for the Year Ended 31 December 2024 CLS Holdings plc announced that at its AGM held on May 16, 2025 Approved a final dividend for the year ended 31 December 2024 of 2.68 pence per ordinary share. Announcement • Apr 03
CLS Holdings plc Recommends Final Dividend, Payable on 23 May 2025 The Board of CLS Holdings plc has recommended a final dividend of 2.68 pence per ordinary share with the following dividend timetable: Ex-Dividend date is 10 April 2025. Record date is 11 April 2025. Payment date is 23 May 2025. Announcement • Apr 01
CLS Holdings plc, Annual General Meeting, May 16, 2025 CLS Holdings plc, Annual General Meeting, May 16, 2025. Announcement • Feb 24
CLS Holdings plc Announces Retirement of Bengt Mortstedt from the Board, Effective 28 February 2025 CLS Holdings plc announced that Bengt Mortstedt (age 76) has decided to retire from the Board with effect from 28 February 2025 to spend more time with his family and on his own hotel business in the Caribbean. Announcement • Feb 09
Cls Holdings plc Announces Updated Redevelopment Plans for Spring Gardens CLS announced an update on its redevelopment plans for Citadel Place (currently known as Spring Gardens) in Vauxhall, London. CLS has owned this strategic site in Zone 1 since the Group first developed it as offices in the early 1990s. Citadel Place now provides a unique opportunity to build on the regeneration of this part of Vauxhall by bringing forward a scheme which is wholly residential led. Working closely with renowned architectural firm Allies and Morrison and the London Borough of Lambeth, the design work is moving forward at pace. In addition to being at the forefront of sustainable design, the development will also seek to ensure that it blends in well with its vibrant surroundings and takes full advantage of Vauxhall's excellent transport links. The target date for the planning submission is Quarter two of 2025 and the revised redevelopment proposals include: Residential homes: the scheme will provide in the region of 500 homes across three blocks. The tallest of these will extend to 22 storeys, providing excellent views across London; Shared amenity spaces: Residents and visitors will enjoy communal spaces designed for relaxation, recreation and social interaction; Active ground floor uses: Retail units and other ground-floor spaces will contribute to the vibrancy of the development and provide a place for people to meet; New open space: Citadel Place will feature landscaped areas, including play spaces, enhancing the quality of life for residents; and Connected pedestrian routes: a new pedestrian route will be created to access the local green spaces and local amenities, encouraging movement and interaction. Reported Earnings • Aug 12
First half 2024 earnings released: UK£0.15 loss per share (vs UK£0.26 loss in 1H 2023) First half 2024 results: UK£0.15 loss per share (improved from UK£0.26 loss in 1H 2023). Revenue: UK£77.8m (up 7.6% from 1H 2023). Net loss: UK£61.1m (loss narrowed 41% from 1H 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Declared Dividend • Aug 09
First half dividend of UK£0.026 announced Shareholders will receive a dividend of UK£0.026. Ex-date: 5th September 2024 Payment date: 2nd October 2024 Dividend yield will be 8.7%, which is higher than the industry average of 5.8%. Announcement • Aug 07
CLS Holdings plc Declares Interim Dividend, Payable on 2 October 2024 Board of CLS Holdings plc declared an interim dividend of 2.60 pence per ordinary share, the Company confirmed its dividend timetable as follows: Announcement Date is 7 August 2024. Ex-Dividend Date is 5 September 2024. Record Date is 6 September 2024. Payment Date is 2 October 2024. Buy Or Sell Opportunity • Jul 15
Now 21% undervalued Over the last 90 days, the stock has risen 7.9% to €1.02. The fair value is estimated to be €1.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.9% in a year. Earnings are forecast to grow by 84% in the next year. Upcoming Dividend • Mar 14
Upcoming dividend of UK£0.053 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 02 May 2024. Trailing yield: 8.8%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (5.6%). Reported Earnings • Mar 11
Full year 2023 earnings released: UK£0.63 loss per share (vs UK£0.20 loss in FY 2022) Full year 2023 results: UK£0.63 loss per share (further deteriorated from UK£0.20 loss in FY 2022). Revenue: UK£148.7m (up 6.4% from FY 2022). Net loss: UK£249.8m (loss widened 205% from FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 1.6% decline forecast for the Office REITs industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Declared Dividend • Mar 08
First half dividend of UK£0.053 announced Shareholders will receive a dividend of UK£0.053. Ex-date: 21st March 2024 Payment date: 2nd May 2024 Dividend yield will be 7.7%, which is higher than the industry average of 5.8%. New Risk • Mar 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Feb 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 42% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Jan 26
Now 20% undervalued Over the last 90 days, the stock has risen 11% to €1.09. The fair value is estimated to be €1.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Dec 22
New major risk - Revenue and earnings growth Earnings have declined by 42% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 42% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Buying Opportunity • Dec 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 21%. 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 been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 9.8% in a year. Earnings is forecast to grow by 81% in the next year. New Risk • Nov 15
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 6.4% 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 Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Announcement • Sep 25
CLS Holdings plc Announces Board Changes CLS Holdings plc announced the appointment of Eva Lindqvist as an independent non-executive director with effect from 22 September 2023. She has also been appointed to the company's audit and remuneration committees. Eva spent 20 years with Ericsson in progressively senior roles, focusing on strategy, business development and international sales. In 2000 she joined the Scandinavian telecommunications company Telia Sonera, being Senior Vice President, Marketing Products and Services for its mobile telecoms division, before becoming Chief Executive of Telia Sonera's international carrier. In 2007, she was appointed CEO of Xelerated Holdings AB where she held the position until 2011. She is current a non-executive director of Tele2 AB; Greencoat Renewables plc, where she is a member of their Audit, Management Engagement, Nomination and Remuneration Committees; Keller Group plc, where she chairs the Remuneration Committee and is a member of the Audit and Risk, Nomination and Governance and Sustainability Committees. She is a member of the Royal Swedish Academy of Engineering Sciences. The company further announced that Denise Jagger, non-executive director, will step down from the board on 31 December 2023, at which point Eva will become Chair of the Remuneration Committee. Recent Insider Transactions • Sep 14
Non-Executive Deputy Chair of the Board recently bought €881k worth of stock On the 8th of September, Anna Seeley bought around 600k shares on-market at roughly €1.47 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €2.9m. Anna has been a buyer over the last 12 months, purchasing a net total of €12m worth in shares. Recent Insider Transactions • Sep 06
Non-Executive Deputy Chair of the Board recently bought €2.9m worth of stock On the 1st of September, Anna Seeley bought around 2m shares on-market at roughly €1.47 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €2.9m. Anna has been a buyer over the last 12 months, purchasing a net total of €11m worth in shares. Upcoming Dividend • Aug 31
Upcoming dividend of UK£0.026 per share at 6.3% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 03 October 2023. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.9%). In line with average of industry peers (5.8%). Recent Insider Transactions • Aug 20
Non-Executive Deputy Chair of the Board recently bought €3.0m worth of stock On the 18th of August, Anna Seeley bought around 2m shares on-market at roughly €1.52 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anna has been a buyer over the last 12 months, purchasing a net total of €8.3m worth in shares. Reported Earnings • Aug 10
First half 2023 earnings released: UK£0.26 loss per share (vs UK£0.045 profit in 1H 2022) First half 2023 results: UK£0.26 loss per share (down from UK£0.045 profit in 1H 2022). Revenue: UK£72.3m (up 5.9% from 1H 2022). Net loss: UK£104.1m (down UK£122.4m from profit in 1H 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Office REITs industry in Europe. Announcement • Aug 03
CLS Holdings plc to Report Q2, 2023 Results on Aug 09, 2023 CLS Holdings plc announced that they will report Q2, 2023 results on Aug 09, 2023 Recent Insider Transactions • Jul 05
Non-Executive Deputy Chair of the Board recently bought €1.6m worth of stock On the 29th of June, Anna Seeley bought around 1m shares on-market at roughly €1.57 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anna has been a buyer over the last 12 months, purchasing a net total of €5.3m worth in shares. Recent Insider Transactions • Jun 25
Non-Executive Deputy Chair of the Board recently bought €1.6m worth of stock On the 22nd of June, Anna Seeley bought around 1m shares on-market at roughly €1.56 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anna has been a buyer over the last 12 months, purchasing a net total of €3.7m worth in shares. Recent Insider Transactions • Jun 07
Non-Executive Deputy Chair of the Board recently bought €2.9m worth of stock On the 2nd of June, Anna Seeley bought around 2m shares on-market at roughly €1.59 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anna has been a buyer over the last 12 months, purchasing a net total of €5.0m worth in shares. Recent Insider Transactions • May 17
CEO & Director recently bought €70k worth of stock On the 11th of May, Fredrik Widlund bought around 46k shares on-market at roughly €1.52 per share. This transaction increased Fredrik's direct individual holding by 4x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €2.1m. Fredrik has been a buyer over the last 12 months, purchasing a net total of €144k worth in shares. Recent Insider Transactions • Apr 20
Non-Executive Director recently bought €81k worth of stock On the 13th of April, Bengt Mortstedt bought around 53k shares on-market at roughly €1.53 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €2.1m. Insiders have collectively bought €2.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 26
Non-Executive Deputy Chair of the Board recently bought €2.1m worth of stock On the 22nd of March, Anna Seeley bought around 1m shares on-market at roughly €1.51 per share. This transaction increased Anna's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anna has been a buyer over the last 12 months, purchasing a net total of €2.2m worth in shares. Upcoming Dividend • Mar 16
Upcoming dividend of UK£0.053 per share at 5.6% yield Eligible shareholders must have bought the stock before 23 March 2023. Payment date: 02 May 2023. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.2%). Reported Earnings • Mar 09
Full year 2022 earnings released: UK£0.21 loss per share (vs UK£0.29 profit in FY 2021) Full year 2022 results: UK£0.21 loss per share (down from UK£0.29 profit in FY 2021). Revenue: UK£139.7m (flat on FY 2021). Net loss: UK£81.9m (down 169% from profit in FY 2021). Net asset value (NAV) per share: €3.46 (down 5.9% from FY 2021). The current share price is 54% lower than NAV per share. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the REITs industry in Europe. Board Change • Feb 23
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Bill John Holland was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jan 13
CLS Holdings plc, Annual General Meeting, Apr 27, 2023 CLS Holdings plc, Annual General Meeting, Apr 27, 2023. Board Change • Nov 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Bill John Holland was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Oct 11
CFO & Director recently bought €177k worth of stock On the 3rd of October, Andrew Michael Kirkman bought around 110k shares on-market at roughly €1.60 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Andrew Michael's only on-market trade for the last 12 months. Board Change • Oct 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Bill John Holland was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Oct 05
CFO & Director recently bought €177k worth of stock On the 3rd of October, Andrew Michael Kirkman bought around 110k shares on-market at roughly €1.60 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Andrew Michael's only on-market trade for the last 12 months. Announcement • Oct 04
CLS Holdings plc to Report Fiscal Year 2022 Results on Mar 08, 2023 CLS Holdings plc announced that they will report fiscal year 2022 results on Mar 08, 2023 Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €1.46, the stock trades at a trailing P/E ratio of 4.2x. Average forward P/E is 7x in the Real Estate industry in Germany. Total loss to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €1.01 per share. Upcoming Dividend • Sep 01
Upcoming dividend of UK£0.026 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 03 October 2022. Payout ratio is a comfortable 25% and the cash payout ratio is 77%. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.1%). Reported Earnings • Aug 11
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£8.80m from profit in 1H 2021). Profit margin: (down from 17% in 1H 2021). Over the next year, revenue is expected to shrink by 12% compared to a 46% decline forecast for the industry in Germany. Announcement • Aug 10
CLS Holdings plc (LSE:CLI) announces an Equity Buyback for £25.5 million worth of its shares. S Holdings plc (LSE:CLI) announces a share repurchase program. Under the program, the company will repurchase up to £25.5 million worth of its shares. The shares will be repurchased at a price of £2.50 per share. The purpose of the offer is to drive shareholder value. The company has fixed September 9, 2022, as the record date for the offer. The offer will expire on September 9, 2022. Board Change • Jul 14
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Bill John Holland was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 12
CLS Holdings plc Updates Dividend Policy CLS Holdings plc updated dividend policy, following the conversion of its UK business to a REIT, CLS has updated its dividend policy for the 2022 financial year onwards. The company will maintain a progressive dividend policy, with a dividend cover of 1.2 to 1.6 times EPRA earnings (previously 1.5 to 2.0 times). It is expected that financial year 2022 dividend cover will be around the middle of the new range. Board Change • May 04
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Bill John Holland was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: UK£0.29 (up from UK£0.19 in FY 2020). Revenue: UK£108.0m (down 23% from FY 2020). Net income: UK£119.5m (up 54% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 35% compared to a 22% decline forecast for the industry in Germany. Recent Insider Transactions • Jan 28
Independent Non-Executive Chairman recently bought €106k worth of stock On the 25th of January, Lennart Sten bought around 40k shares on-market at roughly €2.66 per share. In the last 3 months, there was an even bigger purchase from another insider worth €121k. Lennart has been a buyer over the last 12 months, purchasing a net total of €215k worth in shares. Recent Insider Transactions • Dec 24
CEO & Director recently bought €121k worth of stock On the 20th of December, Fredrik Widlund bought around 50k shares on-market at roughly €2.42 per share. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of €422k worth in shares. Recent Insider Transactions • Sep 22
CEO & Director recently bought €54k worth of stock On the 20th of September, Fredrik Widlund bought around 20k shares on-market at roughly €2.71 per share. This was the largest purchase by an insider in the last 3 months. Fredrik has been a buyer over the last 12 months, purchasing a net total of €266k worth in shares. Reported Earnings • Aug 13
First half 2021 earnings released: EPS UK£0.022 (vs UK£0.053 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: UK£52.3m (down 7.4% from 1H 2020). Net income: UK£8.80m (down 59% from 1H 2020). Profit margin: 17% (down from 38% in 1H 2020). Recent Insider Transactions • May 06
CEO & Director recently bought €66k worth of stock On the 4th of May, Fredrik Widlund bought around 23k shares on-market at roughly €2.85 per share. In the last 3 months, there was an even bigger purchase from another insider worth €129k. Fredrik has been a buyer over the last 12 months, purchasing a net total of €212k worth in shares. Recent Insider Transactions • Mar 15
CFO & Director recently bought €129k worth of stock On the 10th of March, Andrew Michael Kirkman bought around 50k shares on-market at roughly €2.59 per share. This was the largest purchase by an insider in the last 3 months. Andrew Michael has been a buyer over the last 12 months, purchasing a net total of €244k worth in shares. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS UK£0.19 (vs UK£0.33 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: UK£139.4m (flat on FY 2019). Net income: UK£77.4m (down 43% from FY 2019). Profit margin: 56% (down from 98% in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 12
Revenue beats expectations Revenue exceeded analyst estimates by 7.4%. Over the next year, revenue is expected to shrink by 19% compared to a 33% decline forecast for the Real Estate industry in Germany.