CLS Holdings plc

LSE:CLI Stock Report

Market Cap: UK£186.9m

CLS Holdings Management

Management criteria checks 3/4

CLS Holdings' CEO is Fredrik Widlund, appointed in Nov 2014, has a tenure of 11.58 years. total yearly compensation is £946.00K, comprised of 55.2% salary and 44.8% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth £449.06K. The average tenure of the management team and the board of directors is 11.6 years and 6.6 years respectively.

Key information

Fredrik Widlund

Chief executive officer

UK£946.0k

Total compensation

CEO salary percentage55.18%
CEO tenure11.6yrs
CEO ownership0.2%
Management average tenure11.6yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

Narrative Update • Jun 26

CLI: Higher Discount Rate And Dividend Policy Will Shape Future Returns

Analysts have adjusted their fair value estimate for CLS Holdings to £0.45 from £0.70, reflecting updated views on discount rates, revenue trends, profit margins and future P/E assumptions. What's in the News for CLS Holdings CLS Holdings approved a final dividend of 2.7 pence per ordinary share for the year ended 31 December 2025 at its Annual General Meeting on 23 April 2026, according to company meeting resolutions.
Analysis Article • Oct 27

Is CLS Holdings plc (LON:CLI) Potentially Undervalued?

While CLS Holdings plc ( LON:CLI ) might not be the most widely known stock at the moment, it received a lot of...
Analysis Article • Sep 30

CLS Holdings (LON:CLI) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 12

Some Analysts Just Cut Their CLS Holdings plc (LON:CLI) Estimates

The analysts covering CLS Holdings plc ( LON:CLI ) delivered a dose of negativity to shareholders today, by making a...
Analysis Article • May 10

Are CLS Holdings plc (LON:CLI) Investors Paying Above The Intrinsic Value?

In this article we are going to estimate the intrinsic value of CLS Holdings plc ( LON:CLI ) by taking the expected...
Analysis Article • Mar 24

One CLS Holdings plc (LON:CLI) Analyst Has Been Cutting Their Forecasts

The latest analyst coverage could presage a bad day for CLS Holdings plc ( LON:CLI ), with the covering analyst making...
Analysis Article • Jan 20

What Does CLS Holdings plc's (LON:CLI) Share Price Indicate?

CLS Holdings plc ( LON:CLI ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Analysis Article • Dec 15

We Think CLS Holdings (LON:CLI) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Sep 15

Is CLS Holdings (LON:CLI) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Aug 14

CLS Holdings' (LON:CLI) Dividend Will Be UK£0.024

The board of CLS Holdings plc ( LON:CLI ) has announced that it will pay a dividend of UK£0.024 per share on the 24th...
Analysis Article • May 06

We Think CLS Holdings (LON:CLI) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

CEO Compensation Analysis

How has Fredrik Widlund's remuneration changed compared to CLS Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025UK£946kUK£522k

-UK£50m

Sep 30 2025n/an/a

-UK£54m

Jun 30 2025n/an/a

-UK£57m

Mar 31 2025n/an/a

-UK£75m

Dec 31 2024UK£957kUK£507k

-UK£94m

Sep 30 2024n/an/a

-UK£150m

Jun 30 2024n/an/a

-UK£207m

Mar 31 2024n/an/a

-UK£228m

Dec 31 2023UK£952kUK£492k

-UK£250m

Sep 30 2023n/an/a

-UK£227m

Jun 30 2023n/an/a

-UK£204m

Mar 31 2023n/an/a

-UK£143m

Dec 31 2022UK£835kUK£532k

-UK£82m

Sep 30 2022n/an/a

UK£24m

Jun 30 2022n/an/a

UK£129m

Mar 31 2022n/an/a

UK£124m

Dec 31 2021UK£946kUK£515k

UK£120m

Sep 30 2021n/an/a

UK£92m

Jun 30 2021n/an/a

UK£65m

Mar 31 2021n/an/a

UK£71m

Dec 31 2020UK£830kUK£510k

UK£77m

Sep 30 2020n/an/a

UK£83m

Jun 30 2020n/an/a

UK£88m

Mar 31 2020n/an/a

UK£112m

Dec 31 2019UK£1mUK£430k

UK£136m

Compensation vs Market: Fredrik's total compensation ($USD1.25M) is above average for companies of similar size in the UK market ($USD812.91K).

Compensation vs Earnings: Fredrik's compensation has been consistent with company performance over the past year.

CEO

Fredrik Widlund (58 yo)

11.6yrs
Tenure
UK£946,000
Compensation

Mr. Fredrik Jonas Widlund has been the Chief Executive Officer of CLS Holdings plc since November 3, 2014 and also serves as its Executive Director. Mr. Widlund has experience in business leadership, prope...

Leadership Team

NamePositionTenureCompensationOwnership
Fredrik Widlund
CEO & Director11.6yrsUK£946.00k0.24%
£ 449.1k
Harry Armstrong Stokes
CFO & Directorless than a yearno datano data
David Fuller
COO & Company Secretary16.6yrsno datano data
Philippe Alexis
Head of Franceno datano datano data
Rolf Mensing
Head of Germany10.3yrsno datano data
Dan Howson
Head of UK12.4yrsno datano data
Helen Pilcher
Head of UK Developmentno datano datano data
Einar Osterhage
Head of German Asset Managementno datano datano data
Mark Saldanha
Head of ITno datano datano data
Alain Gustave Millet
Group Treasurer20.4yrsno datano data
Patrick Symons
Group Financial Controller2.4yrsno datano data
11.6yrs
Average Tenure
58yo
Average Age

Experienced Management: CLI's management team is seasoned and experienced (11.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Fredrik Widlund
CEO & Director11.6yrsUK£946.00k0.24%
£ 449.1k
Harry Armstrong Stokes
CFO & Directorless than a yearno datano data
Eva Lindqvist
Senior Independent Director2.8yrsUK£71.00k0.0056%
£ 10.4k
Anna Linnea Seeley
Non-Executive Deputy Chair of the Board11.1yrsUK£128.00k0.029%
£ 55.1k
Johannes Conradi
Independent Non-Executive Directorless than a yearUK£15.00k0.050%
£ 93.1k
Lennart Sten
Independent Non-Executive Chairman11.8yrsUK£235.00k0.028%
£ 51.8k
William John Holland
Independent Non-Executive Director6.6yrsUK£66.00k0.013%
£ 24.0k
6.6yrs
Average Tenure
61yo
Average Age

Experienced Board: CLI's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/30 01:48
End of Day Share Price 2026/06/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

CLS Holdings plc is covered by 4 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.

AnalystInstitution
Thomas MussonBerenberg
Bhupen MasterBofA Global Research
Timothy LeckiePanmure Liberum