VBG Group AB (publ)

OM:VBG B Stock Report

Market Cap: SEK 9.3b

VBG Group Management

Management criteria checks 4/4

VBG Group's CEO is Anders Erkén, appointed in Jan 2023, has a tenure of 2.83 years. total yearly compensation is SEK6.41M, comprised of 63.5% salary and 36.5% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth SEK3.57M. The average tenure of the management team and the board of directors is 2.8 years and 7.6 years respectively.

Key information

Anders Erkén

Chief executive officer

SEK 6.4m

Total compensation

CEO salary percentage63.48%
CEO tenure2.8yrs
CEO ownership0.04%
Management average tenure2.8yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

VBG Group AB (publ) Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

Oct 31
VBG Group AB (publ) Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

VBG Group (STO:VBG B) Seems To Use Debt Quite Sensibly

Sep 08
VBG Group (STO:VBG B) Seems To Use Debt Quite Sensibly

North American Recovery And Global Expansion Will Drive Future Volumes

Key Takeaways Geographic expansion and recent acquisitions are set to diversify sales, enable cross-selling, and support sustained revenue and margin growth. Operational resilience and pricing power position the company to benefit from rising global demand for efficient transport solutions.

VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK7.25

May 04
VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK7.25

VBG Group AB (publ) Just Missed EPS By 8.6%: Here's What Analysts Think Will Happen Next

May 02
VBG Group AB (publ) Just Missed EPS By 8.6%: Here's What Analysts Think Will Happen Next

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

Apr 20
VBG Group's (STO:VBG B) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns Are Gaining Momentum At VBG Group (STO:VBG B)

Sep 09
Returns Are Gaining Momentum At VBG Group (STO:VBG B)

A Look At The Fair Value Of VBG Group AB (publ) (STO:VBG B)

Aug 27
A Look At The Fair Value Of VBG Group AB (publ) (STO:VBG B)

VBG Group (STO:VBG B) Has A Rock Solid Balance Sheet

Jun 26
VBG Group (STO:VBG B) Has A Rock Solid Balance Sheet

If EPS Growth Is Important To You, VBG Group (STO:VBG B) Presents An Opportunity

Jun 05
If EPS Growth Is Important To You, VBG Group (STO:VBG B) Presents An Opportunity

There's No Escaping VBG Group AB (publ)'s (STO:VBG B) Muted Earnings Despite A 25% Share Price Rise

May 21
There's No Escaping VBG Group AB (publ)'s (STO:VBG B) Muted Earnings Despite A 25% Share Price Rise

Return Trends At VBG Group (STO:VBG B) Aren't Appealing

Apr 16
Return Trends At VBG Group (STO:VBG B) Aren't Appealing

VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

Apr 01
VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

VBG Group's (STO:VBG B) Dividend Will Be Increased To SEK7.00

Mar 18
VBG Group's (STO:VBG B) Dividend Will Be Increased To SEK7.00

VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

Feb 29
VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

VBG Group AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 23
VBG Group AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Here's Why We Think VBG Group (STO:VBG B) Might Deserve Your Attention Today

Feb 21
Here's Why We Think VBG Group (STO:VBG B) Might Deserve Your Attention Today

VBG Group (STO:VBG B) Seems To Use Debt Quite Sensibly

Oct 25
VBG Group (STO:VBG B) Seems To Use Debt Quite Sensibly

VBG Group's (STO:VBG B) Profits Appear To Have Quality Issues

Apr 09
VBG Group's (STO:VBG B) Profits Appear To Have Quality Issues

VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50

Apr 05
VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50

Slowing Rates Of Return At VBG Group (STO:VBG B) Leave Little Room For Excitement

Feb 24
Slowing Rates Of Return At VBG Group (STO:VBG B) Leave Little Room For Excitement

VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50

Feb 24
VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50

VBG Group (STO:VBG B) Is Paying Out A Larger Dividend Than Last Year

Apr 28
VBG Group (STO:VBG B) Is Paying Out A Larger Dividend Than Last Year

VBG Group's (STO:VBG B) Dividend Will Be Increased To kr5.00

Mar 30
VBG Group's (STO:VBG B) Dividend Will Be Increased To kr5.00

VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

Feb 27
VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

These 4 Measures Indicate That VBG Group (STO:VBG B) Is Using Debt Reasonably Well

Jun 02
These 4 Measures Indicate That VBG Group (STO:VBG B) Is Using Debt Reasonably Well

A Look At The Fair Value Of VBG Group AB (publ) (STO:VBG B)

Apr 06
A Look At The Fair Value Of VBG Group AB (publ) (STO:VBG B)

VBG Group's (STO:VBG B) Returns On Capital Not Reflecting Well On The Business

Mar 24
VBG Group's (STO:VBG B) Returns On Capital Not Reflecting Well On The Business

What To Know Before Buying VBG Group AB (publ) (STO:VBG B) For Its Dividend

Mar 12
What To Know Before Buying VBG Group AB (publ) (STO:VBG B) For Its Dividend

Anders Erkén Is The Executive VP & Division Manager of Truck & Trailer Equipment of VBG Group AB (publ) (STO:VBG B) And They Just Picked Up 74% More Shares

Feb 28
Anders Erkén Is The Executive VP & Division Manager of Truck & Trailer Equipment of VBG Group AB (publ) (STO:VBG B) And They Just Picked Up 74% More Shares

CEO Compensation Analysis

How has Anders Erkén's remuneration changed compared to VBG Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

SEK 423m

Jun 30 2025n/an/a

SEK 439m

Mar 31 2025n/an/a

SEK 507m

Dec 31 2024SEK 6mSEK 4m

SEK 588m

Sep 30 2024n/an/a

SEK 609m

Jun 30 2024n/an/a

SEK 655m

Mar 31 2024n/an/a

SEK 626m

Dec 31 2023SEK 7mSEK 4m

SEK 572m

Sep 30 2023n/an/a

SEK 530m

Jun 30 2023n/an/a

SEK 434m

Mar 31 2023n/an/a

SEK 396m

Dec 31 2022SEK 6mSEK 3m

SEK 368m

Sep 30 2022n/an/a

SEK 336m

Jun 30 2022n/an/a

SEK 355m

Mar 31 2022n/an/a

SEK 348m

Dec 31 2021SEK 6mSEK 3m

SEK 337m

Sep 30 2021n/an/a

SEK 330m

Jun 30 2021n/an/a

SEK 322m

Mar 31 2021n/an/a

SEK 250m

Dec 31 2020SEK 5mSEK 3m

SEK 227m

Compensation vs Market: Anders's total compensation ($USD677.56K) is about average for companies of similar size in the Swedish market ($USD872.46K).

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


CEO

Anders Erkén (61 yo)

2.8yrs
Tenure
SEK 6,407,000
Compensation

Mr. Anders Erkén, M.Sc. Eng, serves as President & Chief Executive Officer at VBG Group AB (publ) since January 01, 2023 and serves as Director since 2023 and served as its Division Manager of Truck & Trai...


Leadership Team

NamePositionTenureCompensationOwnership
Anders Erkén
President2.8yrsSEK 6.41m0.038%
SEK 3.6m
Fredrik Jigneus
CFO, Director of Investor Relations & IT5.8yrsno data0.011%
SEK 1.0m
Christina Holgerson
EVP of Corporate Responsibility & Group HR and Group Privacy Officerno datano datano data
Eberhard Wolters
Division CEO of Mobile Climate Control2.8yrsno datano data
Johan Ljung
Group CIOno datano datano data
Ola Hermansson
CEO of Truck & Trailer Equipment (TTE)less than a yearno datano data
2.8yrs
Average Tenure
60yo
Average Age

Experienced Management: VBG B's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anders Erkén
President2.8yrsSEK 6.41m0.038%
SEK 3.6m
Peter Augustsson
Independent Director14.8yrsSEK 292.00k0.0044%
SEK 408.8k
Anna Stalenbring
Independent Director5.6yrsSEK 392.00k0.0080%
SEK 743.3k
Anders Birgersson
Chairman1.5yrsSEK 544.00k0.0060%
SEK 557.5k
Mats Karlsson
Independent Director7.6yrsSEK 320.00kno data
Karin Pantzar
Employee Representative Deputy Director15.8yrsno datano data
Cecilia Pettersson
Employee Representative Director14.8yrsno datano data
Louise Nicolin
Independent Director11.8yrsSEK 292.00kno data
Alexander Andersson
Employee Representative Director3.8yrsno data0.0024%
SEK 223.0k
7.6yrs
Average Tenure
61yo
Average Age

Experienced Board: VBG B's board of directors are considered experienced (7.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 02:43
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

VBG Group AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ofelia AspemyrABG Sundal Collier Sponsored
Carl GustafssonDanske Bank
Gustav BernebladNordea Markets