BICO Group AB (publ)

OM:BICO Stock Report

Market Cap: SEK 1.0b

BICO Group Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Maria Forss

Chief executive officer

SEK 7.7m

Total compensation

CEO salary percentage49.82%
CEO tenure2.7yrs
CEO ownershipn/a
Management average tenure1.1yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

Narrative Update • Jun 26

BICO: Long Term Incentive Plan Will Support Future Shareholder Return

Analysts have reduced their price target for BICO Group to SEK 23 from SEK 30, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News for BICO Group BICO Group's Annual General Meeting on May 7, 2026 approved the implementation of a share based long term incentive program for 2026 to 2029, directed at the CEO, group management, and key employees.
Analysis Article • Jan 22

Is BICO Group (STO:BICO) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Dec 02

Little Excitement Around BICO Group AB (publ)'s (STO:BICO) Revenues

BICO Group AB (publ)'s ( STO:BICO ) price-to-sales (or "P/S") ratio of 0.8x might make it look like a buy right now...
Analysis Article • Aug 24

BICO Group AB (publ) (STO:BICO) Not Doing Enough For Some Investors As Its Shares Slump 34%

The BICO Group AB (publ) ( STO:BICO ) share price has fared very poorly over the last month, falling by a substantial...
Analysis Article • Jul 01

Here's Why BICO Group (STO:BICO) Can Afford Some Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Jun 08

The Market Doesn't Like What It Sees From BICO Group AB (publ)'s (STO:BICO) Earnings Yet As Shares Tumble 26%

Unfortunately for some shareholders, the BICO Group AB (publ) ( STO:BICO ) share price has dived 26% in the last thirty...
Analysis Article • Dec 02

Why BICO Group AB (publ) (STO:BICO) Could Be Worth Watching

While BICO Group AB (publ) ( STO:BICO ) might not be the most widely known stock at the moment, it saw a significant...

CEO Compensation Analysis

How has Maria Forss's remuneration changed compared to BICO Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-SEK 1b

Dec 31 2025SEK 8mSEK 4m

-SEK 2b

Sep 30 2025n/an/a

-SEK 1b

Jun 30 2025n/an/a

-SEK 424m

Mar 31 2025n/an/a

-SEK 323m

Dec 31 2024SEK 7mSEK 4m

-SEK 107m

Sep 30 2024n/an/a

-SEK 803m

Jun 30 2024n/an/a

-SEK 583m

Mar 31 2024n/an/a

-SEK 729m

Dec 31 2023SEK 7mSEK 484k

-SEK 788m

Compensation vs Market: Maria's total compensation ($USD793.03K) is above average for companies of similar size in the Swedish market ($USD385.39K).

Compensation vs Earnings: Maria's compensation has increased whilst the company is unprofitable.

CEO

Maria Forss (54 yo)

2.7yrs
Tenure
SEK 7,707,000
Compensation

Ms. Maria Forss serves as President & CEO of BICO Group AB (publ) since November 20, 2023. She served as Senior Vice President of Consumables at Vitrolife AB (publ) since January 01, 2022 until August 2023...

Leadership Team

NamePositionTenureCompensationOwnership
Maria Forss
President & CEO2.7yrsSEK 7.71mno data
Ewa Linsater
Chief Financial Officerless than a yearno datano data
Jesper Hagberg
Chief Operations & Digital Officerless than a yearno datano data
Asa Hillsten
Senior VP & Head of Investor Relationsno datano datano data
Lars Risberg
General Counsel1.1yrsno datano data
Catharina Nordlund
Global Head of Human Resources2.5yrsno datano data
Itedale Redwan
Chief Scientific Officer - Bioprintingno datano datano data
Erica Bell
Senior VP & Chief People Officerno datano datano data
Anders Fogelberg
Chief Commercial Officer2.1yrsno datano data
Andreas Joersjo
Advisor1.1yrsno datano data
Fraser McLeod
Managing Director of Bioseroless than a yearno datano data
Sebastian Mahl
Head of Treasuryno datano datano data
1.1yrs
Average Tenure
55yo
Average Age

Experienced Management: BICO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Christian Wildmoser
Independent Director6.6yrsSEK 365.00kno data
Robert S. Langer
Member of Scientific Advisory Board5.7yrsno datano data
Johan Westman
Director1.2yrsSEK 410.00kno data
Susanne Lithander
Director1.5yrsSEK 500.00kno data
Olof Stranding
Directorless than a yearno datano data
Erik Gatenholm
Directorless than a yearSEK 6.57m13.63%
SEK 138.7m
Ali Khademhosseini
Member of Scientific Advisory Board9.3yrsno datano data
Maria Rankka
Chair of the Boardless than a yearSEK 562.00kno data
Ido Amit
Member of Scientific Advisory Board5.9yrsno datano data
1.5yrs
Average Tenure
65yo
Average Age

Experienced Board: BICO's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/13 15:23
End of Day Share Price 2026/07/13 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

BICO Group AB (publ) is covered by 3 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
Kristofer Liljeberg-SvenssonDNB Carnegie
Ludvig LundgrenNordea Markets
Filip EinarssonRedeye