Billerud AB (publ)

OM:BILL Stock Report

Market Cap: SEK 25.2b

Billerud Management

Management criteria checks 2/4

Billerud's CEO is Ivar Vatne, appointed in Jul 2023, has a tenure of 1.75 years. total yearly compensation is SEK15.49M, comprised of 52.9% salary and 47.1% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth SEK4.11M. The average tenure of the management team and the board of directors is 1.7 years and 3.8 years respectively.

Key information

Ivar Vatne

Chief executive officer

SEK 15.5m

Total compensation

CEO salary percentage52.9%
CEO tenure1.8yrs
CEO ownership0.02%
Management average tenure1.7yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Billerud's (STO:BILL) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 15
Billerud's (STO:BILL) Shareholders Will Receive A Bigger Dividend Than Last Year

Impressive Earnings May Not Tell The Whole Story For Billerud (STO:BILL)

Apr 03
Impressive Earnings May Not Tell The Whole Story For Billerud (STO:BILL)

Does Billerud (STO:BILL) Have A Healthy Balance Sheet?

Mar 10
Does Billerud (STO:BILL) Have A Healthy Balance Sheet?

Billerud AB (publ)'s (STO:BILL) Business And Shares Still Trailing The Market

Feb 23
Billerud AB (publ)'s (STO:BILL) Business And Shares Still Trailing The Market
author-image

Price Adjustments And Efficiency Measures Expected To Improve 2025 Outlook

Feb 09 Strategic pricing increases and product shifts are poised to boost Billerud's revenue growth and expand margins, despite challenges in certain segments.

Results: Billerud AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 07
Results: Billerud AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Here's What To Make Of Billerud's (STO:BILL) Decelerating Rates Of Return

Dec 17
Here's What To Make Of Billerud's (STO:BILL) Decelerating Rates Of Return

Is There An Opportunity With Billerud AB (publ)'s (STO:BILL) 23% Undervaluation?

Nov 28
Is There An Opportunity With Billerud AB (publ)'s (STO:BILL) 23% Undervaluation?

Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Aug 31
Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Returns On Capital At Billerud (STO:BILL) Paint A Concerning Picture

May 21
Returns On Capital At Billerud (STO:BILL) Paint A Concerning Picture

Analysts Have Made A Financial Statement On Billerud AB (publ)'s (STO:BILL) First-Quarter Report

Apr 27
Analysts Have Made A Financial Statement On Billerud AB (publ)'s (STO:BILL) First-Quarter Report

Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Apr 26
Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Apr 11
Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Is Billerud (STO:BILL) Using Too Much Debt?

Apr 07
Is Billerud (STO:BILL) Using Too Much Debt?

Investors Still Waiting For A Pull Back In Billerud AB (publ) (STO:BILL)

Feb 27
Investors Still Waiting For A Pull Back In Billerud AB (publ) (STO:BILL)

Billerud's (STO:BILL) Shareholders Have More To Worry About Than Only Soft Earnings

Feb 02
Billerud's (STO:BILL) Shareholders Have More To Worry About Than Only Soft Earnings

Earnings Miss: Billerud AB (publ) Missed EPS By 48% And Analysts Are Revising Their Forecasts

Jan 28
Earnings Miss: Billerud AB (publ) Missed EPS By 48% And Analysts Are Revising Their Forecasts

Billerud (STO:BILL) Has Some Way To Go To Become A Multi-Bagger

Jan 23
Billerud (STO:BILL) Has Some Way To Go To Become A Multi-Bagger

Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Dec 11
Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Is Billerud AB (publ) (STO:BILL) Worth kr98.2 Based On Its Intrinsic Value?

Nov 22
Is Billerud AB (publ) (STO:BILL) Worth kr98.2 Based On Its Intrinsic Value?

Returns On Capital At Billerud (STO:BILL) Have Hit The Brakes

Sep 10
Returns On Capital At Billerud (STO:BILL) Have Hit The Brakes

We Think Billerud (STO:BILL) Is Taking Some Risk With Its Debt

Aug 14
We Think Billerud (STO:BILL) Is Taking Some Risk With Its Debt

Billerud AB (publ) (STO:BILL) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jul 23
Billerud AB (publ) (STO:BILL) Shares Could Be 20% Below Their Intrinsic Value Estimate

We Like These Underlying Return On Capital Trends At Billerud (STO:BILL)

Jun 07
We Like These Underlying Return On Capital Trends At Billerud (STO:BILL)

These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Reasonably Well

Apr 13
These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Reasonably Well

Calculating The Fair Value Of Billerud AB (publ) (STO:BILL)

Mar 17
Calculating The Fair Value Of Billerud AB (publ) (STO:BILL)

Investors Will Want Billerud's (STO:BILL) Growth In ROCE To Persist

Mar 05
Investors Will Want Billerud's (STO:BILL) Growth In ROCE To Persist

CEO Compensation Analysis

How has Ivar Vatne's remuneration changed compared to Billerud's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024SEK 15mSEK 8m

SEK 2b

Sep 30 2024n/an/a

SEK 611m

Jun 30 2024n/an/a

SEK 702m

Mar 31 2024n/an/a

SEK 158m

Dec 31 2023SEK 5mSEK 3m

SEK 484m

Compensation vs Market: Ivar's total compensation ($USD1.60M) is about average for companies of similar size in the Swedish market ($USD1.30M).

Compensation vs Earnings: Ivar's compensation has increased by more than 20% in the past year.

CEO

Ivar Vatne (46 yo)

1.8yrs

Tenure

SEK 15,487,000

Compensation

Mr. Ivar Vatne serves as President and Chief Executive Officer of Billerud AB (publ) since December 01, 2023 and is Interim Head of Region Europe from February 1, 2025. Mr. Vatne was Executive Vice Preside...

Leadership Team

NamePositionTenureCompensationOwnership
Ivar Vatne
President1.8yrsSEK 15.49m0.016%
SEK 4.1m
Andrei Kres
Chief Financial Officer1.7yrsno data0.0016%
SEK 416.1k
Lena Schattauer
Head of Investor Relations & Director Investor Relationsno datano datano data
Andreas Mattsson
Executive Vice President of Legal & Strategic Projectsno datano data0.0047%
SEK 1.2m
Paulina Ekvall
Executive Vice President of Human Resources & Communications8.3yrsno data0.0084%
SEK 2.1m
Louise Bjarke
Head of Pressno datano datano data
Ulrika Wedberg
Executive Vice President of Sustainability & Public Affairs1.7yrsno data0.0013%
SEK 322.8k
Robert Pletzin
Head of Media Relations1yrno datano data
Doug Schwartz
President of North Americaless than a yearno data0.0041%
SEK 1.0m
Gert Larsson
Senior VP of Operations & Deputy President - Europeless than a yearno datano data
Brian Boland
Deputy President of North Americano datano data0.00070%
SEK 176.5k

1.7yrs

Average Tenure

53.5yo

Average Age

Experienced Management: BILL's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Independent Director2.9yrsSEK 720.00k0.010%
SEK 2.5m
Andreas Blaschke
Independent Directorless than a yearSEK 600.00k0.0016%
SEK 416.1k
Jan Svensson
Independent Chairman of the Board4.9yrsSEK 1.81m0.012%
SEK 3.1m
Florian Heiserer
Director2.9yrsSEK 850.00k0.00080%
SEK 201.7k
Victoria Van Camp
Independent Director7.9yrsSEK 630.00k0.0016%
SEK 408.5k
Regi Aalstad
Independent Director1.9yrsSEK 720.00k0.0028%
SEK 708.6k
Nicklas Johansson
Employee Representative Director8.3yrsno datano data
Bo Knoos
Deputy Director8.3yrsno datano data
Per Bertilsson
Employee Representative Director4.3yrsno datano data
Magnus Axelsson
Deputy Director3.3yrsno data0.000050%
SEK 12.6k

3.8yrs

Average Tenure

60yo

Average Age

Experienced Board: BILL's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 07:59
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
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

Billerud AB (publ) is covered by 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Patrick LangstromABG Sundal Collier Sponsored
Justin JordanBNP Paribas Exane