Bufab Management
Management criteria checks 3/4
Bufab's CEO is Erik Lunden, appointed in Aug 2022, has a tenure of 2.08 years. total yearly compensation is SEK8.10M, comprised of 55.6% salary and 44.4% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth SEK1.67M. The average tenure of the management team and the board of directors is 4.4 years and 7 years respectively.
Key information
Erik Lunden
Chief executive officer
SEK 8.1m
Total compensation
| CEO salary percentage | 55.6% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.01% |
| Management average tenure | 4.4yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | SEK 462m |
| Mar 31 2024 | n/a | n/a | SEK 518m |
| Dec 31 2023 | SEK 8m | SEK 5m | SEK 574m |
| Sep 30 2023 | n/a | n/a | SEK 638m |
| Jun 30 2023 | n/a | n/a | SEK 717m |
| Mar 31 2023 | n/a | n/a | SEK 644m |
| Dec 31 2022 | SEK 5m | SEK 1m | SEK 609m |
Compensation vs Market: Erik's total compensation ($USD780.43K) is below average for companies of similar size in the UK market ($USD2.09M).
Compensation vs Earnings: Erik's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Erik Lunden (43 yo)
2.1yrs
Tenure
SEK 8,100,000
Compensation
Mr. Erik Lunden serves as Bufab AB (publ) since August 15, 2022. He is Division Manager for Parts & Services at Sandvik Mining & Rock Solutions in the Netherlands. During his tenure at Sandvik he has held...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 2.1yrs | SEK 8.10m | 0.011% SEK 1.7m | |
| Group Chief Financial Officer | 1.1yrs | no data | 0.0013% SEK 209.4k | |
| VP, Deputy CEO & Group Director of Europe North & East | 9.7yrs | SEK 5.20m | 0.41% SEK 65.7m | |
| Director of Global Sourcing & Sustainability | 6.7yrs | no data | 0.074% SEK 11.8m |
4.4yrs
Average Tenure
54yo
Average Age
Experienced Management: BUFABs's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.4yrs | SEK 400.00k | 0.21% SEK 33.5m | |
| Independent Director | 18.7yrs | SEK 300.00k | 0.013% SEK 2.1m | |
| Independent Director | 4.4yrs | SEK 300.00k | 0.0066% SEK 1.0m | |
| Independent Chairman | 8.7yrs | SEK 700.00k | no data | |
| Independent Director | 5.4yrs | SEK 300.00k | no data | |
| Independent Director | 9.3yrs | SEK 400.00k | no data |
7.0yrs
Average Tenure
62.5yo
Average Age
Experienced Board: BUFABs's board of directors are considered experienced (7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/10 13:00 |
| End of Day Share Price | 2024/06/13 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bufab AB (publ) is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Redin | Carnegie Investment Bank AB |
| Frank Maaø | DNB Markets |
| Johan Skoglund | DNB Markets |