Beijer Ref Management

Management criteria checks 4/4

Beijer Ref's CEO is Christopher Norbye, appointed in May 2021, has a tenure of 3.58 years. directly owns 0.002% of the company’s shares, worth SEK1.79M. The average tenure of the management team and the board of directors is 2.7 years and 3.8 years respectively.

Key information

Christopher Norbye

Chief executive officer

SEK 10.5m

Total compensation

CEO salary percentage	n/a
CEO tenure	3.6yrs
CEO ownership	0.002%
Management average tenure	2.7yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO

Christopher Norbye (51 yo)

3.6yrs

Tenure

SEK 10,453,000

Compensation

Mr. Christopher Norbye is Director of Stena Metall Aktiebolag (formerly known as Stena Metall AB) from January 2024. He serves as Director at agta record ag since 2020. He serves as Chief Executive Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Norbye	CEO & President	3.6yrs	SEK 10.45m	0.0022% SEK 1.8m
Joel Davidsson	Executive VP & CFO	1.9yrs	no data	no data
Hanna Grasso	Executive Vice President of HR & Communications	2.7yrs	no data	no data
Yann Talhouet	COO & Executive VP of Toshiba HVAC	no data	no data	0.012% SEK 10.1m
Jonas Steen	Executive VP & COO of ARW EMEA	no data	no data	0.0055% SEK 4.6m
Kristian Lexander	Executive VP	2.8yrs	no data	0.00017% SEK 140.5k
Henrik Thoren	Head of Sustainability	no data	no data	no data
David Ericsson	Executive VP and Head of M&A	2.7yrs	no data	no data

2.7yrs

Average Tenure

48.5yo

Average Age

Experienced Management: 0A0H's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joen Magnusson	Independent Director	39.9yrs	SEK 410.00k	1.94% SEK 1.6b
Kate Swann	Chairman of the Board	3.8yrs	SEK 940.00k	0.0013% SEK 1.0m
Per Bertland	Director	3.8yrs	SEK 410.00k	1.57% SEK 1.3b
Albert Gustafsson	Director	3.8yrs	SEK 535.00k	no data
Nathalie Delbreuve	Independent Director	2.9yrs	SEK 610.00k	no data
William Striebe	Independent Director	3.7yrs	SEK 410.00k	0.00014% SEK 115.7k
Frida Sams	Independent Director	9.9yrs	SEK 588.00k	0.0063% SEK 5.2m
Kerstin Lindvall	Independent Director	3.7yrs	SEK 410.00k	no data

3.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 0A0H's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 04:50
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Beijer Ref AB (publ) is covered by 16 analysts. 9 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
null null	ABG Sundal Collier
Simon Jonsson	Berenberg
Gerhard Orgonas	Berenberg

Beijer Ref Management

Management criteria checks 4/4

Key information

Recent management updates

Beijer Ref AB (Publ) Appoints Nomination Committee

Insufficient new directors

Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2024

Independent Director recently bought kr1.3m worth of stock

Independent Director recently bought kr1.4m worth of stock

Beijer Ref AB (publ) Announces CFO Change

Recent updates

Investor sentiment deteriorates as stock falls 22%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 19%

Investor sentiment deteriorates as stock falls 21%

Investor sentiment deteriorates as stock falls 17%

Third quarter 2024 earnings released: EPS: kr1.30 (vs kr1.10 in 3Q 2023)

Upcoming dividend of kr0.65 per share

Beijer Ref AB (Publ) Appoints Nomination Committee

Now 24% overvalued

Second quarter 2024 earnings released: EPS: kr1.42 (vs kr1.39 in 2Q 2023)

Now 22% overvalued after recent price rise

Now 20% overvalued after recent price rise

Now 20% overvalued after recent price rise

Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft.

Now 24% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 21%

Insufficient new directors

Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2023, Payable on 30 April 2024 and 30 October 2024

Upcoming dividend of kr0.65 per share

Now 21% overvalued after recent price rise

Full year 2023 earnings released: EPS: kr4.88 (vs kr3.28 in FY 2022)

Beijer Ref AB (publ) Proposes Dividend, Payable on 30 April 2024 and 30 October 2024

Final dividend of kr0.65 announced

Full year 2023 earnings released: EPS: kr4.88 (vs kr3.28 in FY 2022)

Beijer Ref AB (publ) to Report Fiscal Year 2023 Results on Mar 28, 2024

Beijer Ref AB (publ) to Report Q4, 2024 Results on Jan 31, 2025

Investor sentiment improves as stock rises 16%

Beijer Ref AB (publ) to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 27%

New minor risk - Share price stability

Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd.

Third quarter 2023 earnings released: EPS: kr1.10 (vs kr1.12 in 3Q 2022)

Investor sentiment improves as stock rises 23%

Upcoming dividend of kr0.47 per share at 0.9% yield

Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2024

Now 20% undervalued after recent price drop

Investor sentiment improves as stock rises 19%

Independent Director recently bought kr1.3m worth of stock

Independent Director recently bought kr1.4m worth of stock

Second quarter 2023 earnings released: EPS: kr1.39 (vs kr1.08 in 2Q 2022)

Investor sentiment deteriorates as stock falls 17%

Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD.

Investor sentiment deteriorates as stock falls 17%

Beijer Ref AB (publ) Announces CFO Change

Investor sentiment deteriorates as stock falls 20%

Upcoming dividend of kr0.47 per share at 0.5% yield

Investor sentiment deteriorates as stock falls 26%

Full year 2022 earnings released: EPS: kr3.28 (vs kr2.58 in FY 2021)

Investor sentiment deteriorates as stock falls 23%

Investor sentiment deteriorates as stock falls 15%

Independent Director recently sold kr1.7m worth of stock

Investor sentiment deteriorates as stock falls 23%

Investor sentiment deteriorates as stock falls 26%

Full year 2022 earnings released: EPS: kr3.28 (vs kr2.58 in FY 2021)

Investor sentiment deteriorates as stock falls 20%

Beijer Ref AB (Publ) Proposes Dividend

Investor sentiment deteriorated over the past week

Beijer Ref AB (publ) to Report Fiscal Year 2022 Results on Apr 04, 2023

Beijer Ref AB (publ) to Report Q4, 2023 Results on Jan 31, 2024

Independent Director recently bought kr108k worth of stock

Now 21% undervalued

CEO & President recently bought kr450k worth of stock

Beijer Ref AB (publ) (OM:BEIJ B) and the management of Heritage Distribution Holdings signed a binding agreement to Heritage Distribution Holdings from Gryphon Heritage Partners, L.P. managed by Gryphon Investors Inc and the management of Heritage Distribution for $1.3 billion.

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

High number of new directors

Investor sentiment deteriorated over the past week

Beijer Ref AB (publ) (OM:BEIJ B) Completed the acquisition of 51% stake in Australian Airconditioning Distributors Pty Ltd and HVAC Consolidated Pty Ltd from Coldflow Airconditioning Pty Ltd and Aircon Concepts Pty Ltd.

Investor sentiment improved over the past week