Byggmax Group Management

Management criteria checks 3/4

Byggmax Group's CEO is Karl Sandlund, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is SEK3.70M, comprised of 70.3% salary and 29.7% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth SEK1.71M. The average tenure of the management team and the board of directors is 4.4 years and 4.5 years respectively.

Key information

Karl Sandlund

Chief executive officer

kr3.7m

Total compensation

CEO salary percentage	70.3%
CEO tenure	less than a year
CEO ownership	0.09%
Management average tenure	4.4yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Karl Sandlund's remuneration changed compared to Byggmax Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr12m
Dec 31 2023	kr4m	kr3m	kr26m

Compensation vs Market: Karl's total compensation ($USD336.40K) is below average for companies of similar size in the UK market ($USD775.47K).

Compensation vs Earnings: Insufficient data to compare Karl's compensation with company performance.

CEO

Karl Sandlund (46 yo)

less than a year

Tenure

kr3,700,000

Compensation

Mr. Karl Sandlund has been President and Chief Executive Officer at Byggmax Group AB (publ) since July 1, 2023. He served as Chief Operating Officer of AcadeMedia AB (publ) since August 15, 2022 until Octo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Karl Sandlund	President & CEO	less than a year	kr3.70m	0.085% SEK 1.7m
Helena Nathhorst	Chief Financial Officer	4.4yrs	no data	0.015% SEK 308.3k
Sanna Westman	Head of Marketing	no data	no data	no data
Per Haraldsson	Chief Commercial Officer	11.3yrs	no data	0.24% SEK 4.7m
Oscar Tjarnberg	President & CEO of Skånska Byggvaror Division	6.6yrs	no data	0.095% SEK 1.9m
Anne Indrelid	CEO of Right Price Tiles	1.3yrs	no data	no data

4.4yrs

Average Tenure

49yo

Average Age

Experienced Management: 0MR4's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Anders Moberg	Independent Chairman	18.3yrs	kr1.00m	1.01% SEK 20.2m
Gunilla Spongh	Independent Director	5yrs	kr500.00k	0.019% SEK 376.8k
Lars Ljungalv	Independent Director	4yrs	kr400.00k	0.068% SEK 1.4m
Daniel Muhlbach	Independent Director	9yrs	kr400.00k	0.015% SEK 308.3k
Catharina Fagerholm	Independent Director	3yrs	kr400.00k	0.017% SEK 342.6k
Andreas Elgaard	Independent Director	3yrs	kr400.00k	no data

4.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 0MR4's board of directors are considered experienced (4.5 years average tenure).

Byggmax Group Management

Management criteria checks 3/4

Key information

Recent management updates

Byggmax Group AB (Publ) Announces Appointment of Nomination Committee

Byggmax Group AB (publ), Annual General Meeting, May 06, 2024

Director recently bought kr610k worth of stock

Independent Director recently bought kr202k worth of stock

Byggmax Group AB (publ) Announces Resignation of Mattias Ankarberg as President, Effective August 9, 2023

Insider recently bought kr440k worth of stock

Recent updates

Upcoming dividend of kr0.50 per share

Full year 2023 earnings released: EPS: kr0.44 (vs kr5.34 in FY 2022)

Byggmax Group AB (publ) to Report Q4, 2024 Results on Jan 31, 2025

Full year 2023 earnings released: EPS: kr0.44 (vs kr5.34 in FY 2022)

Byggmax Group AB (Publ) Proposes Dividend for 2023

Byggmax Group AB (publ) to Report Fiscal Year 2023 Results on Mar 27, 2024

Byggmax Group AB (Publ) Announces Appointment of Nomination Committee

Byggmax Group AB (publ), Annual General Meeting, May 06, 2024

Third quarter 2023 earnings released: EPS: kr2.36 (vs kr3.65 in 3Q 2022)

Second quarter 2023 earnings released: EPS: kr2.00 (vs kr3.10 in 2Q 2022)

Director recently bought kr610k worth of stock

Full year 2022 earnings released: EPS: kr5.34 (vs kr10.23 in FY 2021)

Independent Director recently bought kr202k worth of stock

Byggmax Group AB (publ) Announces Resignation of Mattias Ankarberg as President, Effective August 9, 2023

Insider recently bought kr440k worth of stock

Full year 2022 earnings released: EPS: kr5.34 (vs kr10.23 in FY 2021)

Investor sentiment deteriorates as stock falls 20%

Byggmax Group AB (publ) to Report Q4, 2023 Results on Jan 31, 2024

Byggmax Group AB (publ) to Report Q2, 2023 Results on Jul 14, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: kr3.65 (vs kr5.02 in 3Q 2021)

Byggmax Group AB (publ), Annual General Meeting, May 05, 2023

Now 24% undervalued after recent price drop

Byggmax Group AB (publ) to Report Q1, 2023 Results on Apr 25, 2023

Second quarter 2022 earnings released: EPS: kr3.10 (vs kr5.71 in 2Q 2021)

Now 22% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Byggmax Group AB (publ) Resolves Dividend for the Financial Year 2021, Payable on May 12, 2022

Upcoming dividend of kr4.00 per share

Less than half of directors are independent

First quarter 2022 earnings released: kr0.39 loss per share (vs kr0.18 loss in 1Q 2021)

Byggmax Group AB (publ) to Report Q3, 2022 Results on Oct 20, 2022

Byggmax Group AB (Publ) Proposes Dividend for the Financial Year 2021

Insider recently bought kr364k worth of stock

Independent Director recently bought kr185k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Insider recently sold kr100k worth of stock

Third quarter 2021 earnings released: EPS kr5.02 (vs kr4.10 in 3Q 2020)

Byggmax Group AB (publ) (OM:BMAX) commences an Equity Buyback Plan, for 3,049,952 shares, representing 5% of its issued share capital, under the authorization approved on May 6, 2021.

Director recently bought kr733k worth of stock

Anders Moberg, Chairman of Byggmax acquired an additional 0.08% stake in Byggmax Group AB (publ) (OM:BMAX) for SEK 3.5 million.

Byggmax Group AB (Publ) Provides Earnings Guidance for the Second Quarter 2021

Investor sentiment improved over the past week

Byggmax Group AB (publ) (OM:BMAX) entered into an agreement to acquire Contera AS for NOK 290 million.

Independent Chairman recently bought kr3.5m worth of stock

Byggmax Group AB (publ) Approves Dividend for the Financial Year 2020, Payable on May 14, 2021

Upcoming dividend of kr2.75 per share

Country Manager & Head of Expansion recently sold kr240k worth of stock

Full year 2020 earnings released: EPS kr7.95 (vs kr2.33 in FY 2019)

Investor sentiment improved over the past week

New 90-day high: kr59.15

Full year 2020 earnings released: EPS kr7.95 (vs kr2.33 in FY 2019)

Revenue beats expectations

Byggmax Group AB (publ) to Report Q2, 2021 Results on Jul 15, 2021

New 90-day high: kr53.00

Byggmax Group AB (publ) (OM:BMAX) acquired Nastved Lavpris Tra A/S from Christian and Michael Ravn for an enterprise value of DKK 40 million.

Insider recently bought kr257k worth of stock

Market pulls back on stock over the past week

New 90-day low: kr46.34

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members