Evolution Future Growth

Future criteria checks 3/6

Evolution is forecast to grow earnings and revenue by 6.5% and 8.5% per annum respectively. EPS is expected to grow by 8.8% per annum. Return on equity is forecast to be 32.5% in 3 years.

Key information

6.5%

Earnings growth rate

8.8%

EPS growth rate

Hospitality earnings growth	9.4%
Revenue growth rate	8.5%
Future return on equity	32.5%
Analyst coverage	Good
Last updated	04 Feb 2025

Recent future growth updates

Evolution AB (publ) Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next

Oct 28

Evolution AB (publ) (STO:EVO) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Jul 22

Analysts Are Updating Their Evolution AB (publ) (STO:EVO) Estimates After Its First-Quarter Results

Apr 27

Recent updates

Is It Time To Consider Buying Evolution AB (publ) (STO:EVO)?

Dec 30

Benign Growth For Evolution AB (publ) (STO:EVO) Underpins Its Share Price

Dec 09

Evolution AB (publ) Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next

Oct 28

At kr1,068, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

Aug 27

Evolution AB (publ) (STO:EVO) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Jul 22

Earnings Working Against Evolution AB (publ)'s (STO:EVO) Share Price

Jul 13

Evolution AB (publ)'s (STO:EVO) Intrinsic Value Is Potentially 70% Above Its Share Price

May 13

Analysts Are Updating Their Evolution AB (publ) (STO:EVO) Estimates After Its First-Quarter Results

Apr 27

Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

Apr 01

Subdued Growth No Barrier To Evolution AB (publ)'s (STO:EVO) Price

Mar 18

Earnings and Revenue Growth Forecasts

OM:EVO - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	2,835	1,497	1,506	1,705	11
12/31/2026	2,593	1,358	1,302	1,450	15
12/31/2025	2,303	1,187	1,245	1,427	14
12/31/2024	2,214	1,244	1,164	1,301	N/A
9/30/2024	2,064	1,150	1,154	1,286	N/A
6/30/2024	1,938	1,094	1,154	1,272	N/A
3/31/2024	1,870	1,089	1,084	1,193	N/A
12/31/2023	1,799	1,071	1,074	1,168	N/A
9/30/2023	1,731	1,012	1,023	1,115	N/A
6/30/2023	1,657	960	912	1,009	N/A
3/31/2023	1,560	897	863	960	N/A
12/31/2022	1,457	843	781	877	N/A
9/30/2022	1,349	791	704	795	N/A
6/30/2022	1,247	728	670	752	N/A
3/31/2022	1,160	671	622	691	N/A
12/31/2021	1,069	605	537	599	N/A
9/30/2021	946	514	470	520	N/A
6/30/2021	810	436	365	411	N/A
3/31/2021	682	362	337	380	N/A
12/31/2020	561	285	279	316	N/A
9/30/2020	489	251	235	271	N/A
6/30/2020	444	211	202	237	N/A
3/31/2020	402	175	146	178	N/A
12/31/2019	366	150	146	176	N/A
9/30/2019	330	128	118	148	N/A
6/30/2019	300	110	103	130	N/A
3/31/2019	273	96	91	121	N/A
12/31/2018	245	83	67	100	N/A
9/30/2018	226	76	N/A	91	N/A
6/30/2018	207	71	N/A	76	N/A
3/31/2018	190	66	N/A	65	N/A
12/31/2017	178	62	N/A	62	N/A
9/30/2017	162	53	N/A	57	N/A
6/30/2017	146	44	N/A	49	N/A
3/31/2017	130	37	N/A	45	N/A
12/31/2016	115	32	N/A	40	N/A
9/30/2016	104	30	N/A	36	N/A
6/30/2016	95	28	N/A	36	N/A
3/31/2016	86	26	N/A	27	N/A
12/31/2015	76	20	N/A	24	N/A
9/30/2015	67	17	N/A	19	N/A
6/30/2015	60	14	N/A	16	N/A
3/31/2015	53	11	N/A	17	N/A
12/31/2014	49	12	N/A	14	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVO's forecast earnings growth (6.5% per year) is above the savings rate (1.2%).

Earnings vs Market: EVO's earnings (6.5% per year) are forecast to grow slower than the Swedish market (13.1% per year).

High Growth Earnings: EVO's earnings are forecast to grow, but not significantly.

Revenue vs Market: EVO's revenue (8.5% per year) is forecast to grow faster than the Swedish market (1.2% per year).

High Growth Revenue: EVO's revenue (8.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EVO's Return on Equity is forecast to be high in 3 years time (32.5%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 18:36
End of Day Share Price	2025/02/07 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Evolution AB (publ) is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
James Rowland Clark	Barclays
Jack Cummings	Berenberg

Evolution Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Evolution AB (publ) Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next

Evolution AB (publ) (STO:EVO) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Analysts Are Updating Their Evolution AB (publ) (STO:EVO) Estimates After Its First-Quarter Results

Recent updates

Dividend of kr2.80 announced

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Evolution AB (publ) Proposes Dividend for 2024

Evolution AB (publ) Announces Chief Financial Officer Changes, Effective February 18, 2025

Is It Time To Consider Buying Evolution AB (publ) (STO:EVO)?

Benign Growth For Evolution AB (publ) (STO:EVO) Underpins Its Share Price

Insufficient new directors

Evolution AB (publ) Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next

Third quarter 2024 earnings: EPS exceeds analyst expectations

Evolution AB (publ), Annual General Meeting, May 05, 2025

Evolution AB (publ) to Report Nine Months, 2025 Results on Oct 23, 2025

At kr1,068, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

Evolution AB (publ) (STO:EVO) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Earnings Working Against Evolution AB (publ)'s (STO:EVO) Share Price

Evolution AB (publ)'s (STO:EVO) Intrinsic Value Is Potentially 70% Above Its Share Price

Analysts Are Updating Their Evolution AB (publ) (STO:EVO) Estimates After Its First-Quarter Results

Evolution AB (Publ) Approves Dividend for the Year 2023, Payable on 8 May 2024

Upcoming dividend of kr2.65 per share

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

Subdued Growth No Barrier To Evolution AB (publ)'s (STO:EVO) Price

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Evolution AB (Publ) Proposes A Dividend

Federman & Sherwood Files Securities Class Action Lawsuit Against Evolution AB, Martin Carlesund, and Jacob Kaplan

Evolution AB (publ) Announces US Launch of Crazy Time

Group Chief Executive Officer recently bought kr100m worth of stock

Evolution AB (publ) to Report Fiscal Year 2023 Results on Feb 01, 2024

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Evolution AB (Publ) Announces Nomination Committee for the 2024 Annual General Meeting

Evolution AB (publ), Annual General Meeting, Apr 26, 2024

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 20% undervalued after recent price drop

Evolution AB (Publ) Announces Resignation of Jonas Engwall from the Board

Independent Director recently sold kr153m worth of stock

Now 20% undervalued

Upcoming dividend of €2.00 per share at 1.7% yield

Full year 2022 earnings: EPS misses analyst expectations

Insider exercised options to buy kr34m worth of stock.

Now 20% undervalued

Full year 2022 earnings released: EPS: €3.95 (vs €2.83 in FY 2021)

Evolution AB (Publ) Proposes Dividend for the Year 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Evolution AB (publ) to Report Q2, 2023 Results on Jul 21, 2023

Evolution AB Announces Nomination Committee for the 2023 Annual General Meeting

Evolution AB (publ) to Report Fiscal Year 2022 Results on Feb 02, 2023

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Evolution Declares Dividend Payable on April 21, 2022

Upcoming dividend of €1.42 per share

Chief Technology Officer recently bought kr3.0m worth of stock

Investor sentiment improved over the past week

Chief Strategy Officer recently sold kr214m worth of stock

Full year 2021 earnings: EPS misses analyst expectations

Evolution AB (publ) to Report Fiscal Year 2021 Final Results on Mar 18, 2022

Evolution AB (publ) Proposes Dividend

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Evolution AB (publ) (OM:EVO) commences an Equity Buyback Plan for 21,511,111 shares, representing 10% of its issued share capital, under the authorization approved on April 16, 2021.

Investor sentiment improved over the past week

Chief Human Resources Officer recently bought kr2.4m worth of stock

Investor sentiment deteriorated over the past week

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources