engcon Management

Management criteria checks 2/4

engcon's CEO is Krister Blomgren, appointed in Jan 2011, has a tenure of 13.92 years. total yearly compensation is SEK4.21M, comprised of 72.2% salary and 27.8% bonuses, including company stock and options. directly owns 0.83% of the company’s shares, worth SEK128.71M. The average tenure of the management team and the board of directors is 1.6 years and 2.8 years respectively.

Key information

Krister Blomgren

Chief executive officer

SEK 4.2m

Total compensation

CEO salary percentage72.2%
CEO tenure13.9yrs
CEO ownership0.8%
Management average tenure1.6yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

engcon (STO:ENGCON B) Has A Pretty Healthy Balance Sheet

Dec 17
engcon (STO:ENGCON B) Has A Pretty Healthy Balance Sheet

engcon's (STO:ENGCON B) Dividend Will Be SEK0.47

Sep 06
engcon's (STO:ENGCON B) Dividend Will Be SEK0.47

engcon's (STO:ENGCON B) Dividend Will Be SEK0.47

Jul 12
engcon's (STO:ENGCON B) Dividend Will Be SEK0.47

engcon (STO:ENGCON B) Will Pay A Dividend Of SEK0.47

Jun 15
engcon (STO:ENGCON B) Will Pay A Dividend Of SEK0.47

engcon (STO:ENGCON B) Seems To Use Debt Quite Sensibly

Jun 08
engcon (STO:ENGCON B) Seems To Use Debt Quite Sensibly

engcon's (STO:ENGCON B) Dividend Will Be Increased To SEK0.47

May 02
engcon's (STO:ENGCON B) Dividend Will Be Increased To SEK0.47

Results: engcon AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

May 01
Results: engcon AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

engcon's (STO:ENGCON B) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 17
engcon's (STO:ENGCON B) Shareholders Will Receive A Bigger Dividend Than Last Year

engcon's (STO:ENGCON B) Upcoming Dividend Will Be Larger Than Last Year's

Mar 28
engcon's (STO:ENGCON B) Upcoming Dividend Will Be Larger Than Last Year's

Shareholders Would Enjoy A Repeat Of engcon's (STO:ENGCON B) Recent Growth In Returns

Mar 21
Shareholders Would Enjoy A Repeat Of engcon's (STO:ENGCON B) Recent Growth In Returns

Is Now The Time To Put engcon (STO:ENGCON B) On Your Watchlist?

Dec 05
Is Now The Time To Put engcon (STO:ENGCON B) On Your Watchlist?

Do engcon's (STO:ENGCON B) Earnings Warrant Your Attention?

Jul 21
Do engcon's (STO:ENGCON B) Earnings Warrant Your Attention?

Does This Valuation Of engcon AB (publ) (STO:ENGCON B) Imply Investors Are Overpaying?

Mar 28
Does This Valuation Of engcon AB (publ) (STO:ENGCON B) Imply Investors Are Overpaying?

engcon AB (publ) (STO:ENGCON B) Released Earnings Last Week And Analysts Lifted Their Price Target To kr77.50

Feb 26
engcon AB (publ) (STO:ENGCON B) Released Earnings Last Week And Analysts Lifted Their Price Target To kr77.50

engcon AB (publ)'s (STO:ENGCON B) Shareholders Might Be Looking For Exit

Nov 26
engcon AB (publ)'s (STO:ENGCON B) Shareholders Might Be Looking For Exit

We Think You Should Be Aware Of Some Concerning Factors In engcon's (STO:ENGCON B) Earnings

Nov 04
We Think You Should Be Aware Of Some Concerning Factors In engcon's (STO:ENGCON B) Earnings

CEO Compensation Analysis

How has Krister Blomgren's remuneration changed compared to engcon's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 173m

Jun 30 2024n/an/a

SEK 153m

Mar 31 2024n/an/a

SEK 181m

Dec 31 2023SEK 4mSEK 3m

SEK 275m

Sep 30 2023n/an/a

SEK 353m

Jun 30 2023n/an/a

SEK 388m

Mar 31 2023n/an/a

SEK 377m

Dec 31 2022SEK 5mSEK 3m

SEK 305m

Sep 30 2022n/an/a

SEK 291m

Jun 30 2022n/an/a

SEK 286m

Mar 31 2022n/an/a

SEK 270m

Dec 31 2021SEK 2mSEK 1m

SEK 249m

Dec 31 2020SEK 2mSEK 1m

SEK 161m

Dec 31 2019SEK 2mSEK 1m

SEK 144m

Compensation vs Market: Krister's total compensation ($USD382.15K) is below average for companies of similar size in the Swedish market ($USD930.11K).

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


CEO

Krister Blomgren (57 yo)

13.9yrs

Tenure

SEK 4,205,000

Compensation

Krister Blomgren is Chief Executive Officer and President at engcon AB (publ) since 2011. Krister Blomgre holds Master’s Degree in Economics from Mid Sweden University in Östersund. Krister Blomgren's othe...


Leadership Team

NamePositionTenureCompensationOwnership
Krister Blomgren
President & CEO13.9yrsSEK 4.21m0.83%
SEK 128.7m
Marcus Asplund
Chief Financial Officerless than a yearno datano data
Fredrik Jonsson
Chief Product & Technology Officer1.3yrsno datano data
Viktoria Winberg
Chief Communication & Marketing Officer1.9yrsno data0.00032%
SEK 49.6k
Anne Vagstrom
Chief People Officer1.9yrsno datano data
Aleksandra Dyba
Head of Production Poland & Strategic purchasing1.3yrsno datano data
Jonas Hasselstam
Head of Production Sweden1.3yrsno datano data
Mark Lisman
Region Director1.9yrsno datano data

1.6yrs

Average Tenure

50yo

Average Age

Experienced Management: ENGCON B's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Hofvenstam
Directorless than a yearno datano data
Anna Stalenbring
Independent Director2.8yrsSEK 350.00k0.0037%
SEK 577.1k
Annika Baremo
Independent Chair of the Board2.8yrsSEK 590.00k0.0037%
SEK 577.1k
Stig Engström
Director21.9yrsSEK 250.00k35.43%
SEK 5.5b
Monica Engström
Independent Director20.9yrsSEK 300.00k31.97%
SEK 5.0b

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: ENGCON B's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

engcon AB (publ) is covered by 2 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Simon JonssonBerenberg
Agnieszka VilelaNordea Markets