Upcoming Dividend • Mar 12
Upcoming dividend of CHF2.00 per share Eligible shareholders must have bought the stock before 19 March 2026. Payment date: 23 March 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 93%. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (3.7%). Declared Dividend • Feb 21
Dividend of CHF2.00 announced Dividend of CHF2.00 is the same as last year. Ex-date: 19th March 2026 Payment date: 23rd March 2026 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: CHF3.90 (vs CHF0.78 in FY 2024) Full year 2025 results: EPS: CHF3.90 (up from CHF0.78 in FY 2024). Revenue: CHF334.1m (down 25% from FY 2024). Net income: CHF23.4m (up 403% from FY 2024). Profit margin: 7.0% (up from 1.0% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Feb 19
CPH Group AG announces Annual dividend, payable on March 23, 2026 CPH Group AG announced Annual dividend of CHF 2.0000 per share payable on March 23, 2026, ex-date on March 19, 2026 and record date on March 20, 2026. Board Change • Nov 13
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (6 non-independent directors). Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Jul 23
First half 2025 earnings released: EPS: CHF2.85 (vs CHF1.44 loss in 1H 2024) First half 2025 results: EPS: CHF2.85 (up from CHF1.44 loss in 1H 2024). Revenue: CHF176.0m (down 42% from 1H 2024). Net income: CHF17.1m (up CHF25.8m from 1H 2024). Profit margin: 9.7% (up from net loss in 1H 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe. Board Change • Jun 26
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (6 non-independent directors). Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Declared Dividend • Mar 03
Dividend reduced to CHF2.00 Dividend of CHF2.00 is 50% lower than last year. Ex-date: 20th March 2025 Payment date: 24th March 2025 Dividend yield will be 2.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (258% earnings payout ratio). However, it is well covered by cash flows (40% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 187% to bring the payout ratio under control. EPS is expected to grow by 234% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Feb 26
CPH Group AG announces Annual dividend, payable on March 24, 2025 CPH Group AG announced Annual dividend of CHF 2.0000 per share payable on March 24, 2025, ex-date on March 20, 2025 and record date on March 21, 2025. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: CHF0.78 (vs CHF13.15 in FY 2023) Full year 2024 results: EPS: CHF0.78 (down from CHF13.15 in FY 2023). Revenue: CHF447.9m (down 28% from FY 2023). Net income: CHF4.65m (down 94% from FY 2023). Profit margin: 1.0% (down from 13% in FY 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CHF74.00, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 10x in the Forestry industry in Europe. Total returns to shareholders of 18% over the past three years. Reported Earnings • Jul 22
First half 2024 earnings released: CHF1.44 loss per share (vs CHF10.10 profit in 1H 2023) First half 2024 results: CHF1.44 loss per share (down from CHF10.10 profit in 1H 2023). Revenue: CHF301.5m (down 9.1% from 1H 2023). Net loss: CHF8.66m (down 114% from profit in 1H 2023). Revenue is expected to decline by 16% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 4.4%. Board Change • Jul 09
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (6 non-independent directors). Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Jun 27
CPH Chemie + Papier Holding AG completed the Spin-Off of Paper business. The Board of CPH Chemie + Papier Holding AG (SWX:CPHN) announced the spin-off of Paper business on March 20, 2024. Under the terms, each CPH shareholder will receive 1 share in the newly formed firm, Perlen Industrieholding AG in which the paper business and the real estate in Perlen will be bundled, for each CPH share held. The spin-off will be carried out in the form of a dividend in kind. Paper business reported revenues of CHF 262 million and EBITDA of CHF 37 million in financial year 2023. Following the transaction, CPH Chemie + Papier Holding AG will be renamed CPH Group AG and will remain listed on SIX Swiss Exchange. The shares of Perlen Industrieholding AG will be tradable over-the-counter via an appropriate platform. The transaction is subject to approval by shareholders of CPH at Extraordinary General Meeting to be held on June 20, 2024 and customary regulatory approvals. The transaction is expected to be completed by the end of the second quarter of 2024.
CPH Chemie + Papier Holding AG completed the Spin-Off of Paper business on June 25, 2024. Board Change • May 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (6 non-independent directors). Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Buy Or Sell Opportunity • Apr 26
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at CHF87.80. The fair value is estimated to be CHF72.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 11% per annum over the same time period. Upcoming Dividend • Mar 15
Upcoming dividend of CHF4.00 per share Eligible shareholders must have bought the stock before 22 March 2024. Payment date: 26 March 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (3.5%). Buy Or Sell Opportunity • Feb 02
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to CHF90.00. The fair value is estimated to be CHF73.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.5% in 2 years. Earnings are forecast to decline by 51% in the next 2 years. Board Change • Jan 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 23
First half 2023 earnings released: EPS: CHF10.10 (vs CHF7.90 in 1H 2022) First half 2023 results: EPS: CHF10.10 (up from CHF7.90 in 1H 2022). Revenue: CHF331.8m (down 7.8% from 1H 2022). Net income: CHF60.6m (up 28% from 1H 2022). Profit margin: 18% (up from 13% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Board Change • Apr 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 09
Upcoming dividend of CHF4.50 per share at 4.8% yield Eligible shareholders must have bought the stock before 16 March 2023. Payment date: 20 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (5.6%). In line with average of industry peers (5.1%). Board Change • Mar 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 08
CPH Chemie + Papier Holding AG to Report First Half, 2023 Results on Jul 20, 2023 CPH Chemie + Papier Holding AG announced that they will report first half, 2023 results on Jul 20, 2023 Board Change • Feb 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: CHF25.26 loss per share (down from CHF7.82 profit in FY 2020). Revenue: CHF522.0m (up 16% from FY 2020). Net loss: CHF151.6m (down 423% from profit in FY 2020). Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is expected to shrink by 2.0% compared to a 4.3% growth forecast for the industry in the United Kingdom. Board Change • Feb 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 03
CPH Chemie + Papier Holding AG, Annual General Meeting, Mar 14, 2023 CPH Chemie + Papier Holding AG, Annual General Meeting, Mar 14, 2023. Board Change • Dec 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 29
First half 2021 earnings released: EPS CHF0.97 (vs CHF4.56 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CHF243.7m (up 5.1% from 1H 2020). Net income: CHF5.83m (down 79% from 1H 2020). Profit margin: 2.4% (down from 12% in 1H 2020).