Byggmax Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Karl Sandlund

Chief executive officer

SEK 3.7m

Total compensation

CEO salary percentage	70.3%
CEO tenure	less than a year
CEO ownership	0.09%
Management average tenure	4.6yrs
Board average tenure	4.7yrs

Recent management updates

Recent updates

There May Be Some Bright Spots In Byggmax Group's (STO:BMAX) Earnings

Feb 08

Subdued Growth No Barrier To Byggmax Group AB (publ) (STO:BMAX) With Shares Advancing 26%

Dec 31

Byggmax Group's (STO:BMAX) Returns On Capital Not Reflecting Well On The Business

Nov 16

At kr85.75, Is It Time To Put Byggmax Group AB (publ) (STO:BMAX) On Your Watch List?

Nov 11

Under The Bonnet, Byggmax Group's (STO:BMAX) Returns Look Impressive

Sep 16

We Like Byggmax Group's (STO:BMAX) Returns And Here's How They're Trending

Jun 13

Is There Now An Opportunity In Byggmax Group AB (publ) (STO:BMAX)?

May 30

Is Byggmax Group (STO:BMAX) Using Too Much Debt?

Mar 20

Have Insiders Been Selling Byggmax Group AB (publ) (STO:BMAX) Shares This Year?

Mar 07

Will Byggmax Group (STO:BMAX) Multiply In Value Going Forward?

Feb 22

How Does Byggmax Group AB (publ) (STO:BMAX) Stand Up To These Simple Dividend Safety Checks?

Feb 09

CEO Compensation Analysis

How has Karl Sandlund's remuneration changed compared to Byggmax Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	SEK 12m
Dec 31 2023	SEK 4m	SEK 3m	SEK 26m

Compensation vs Market: Karl's total compensation ($USD352.04K) is about average for companies of similar size in the Swedish market ($USD494.57K).

Compensation vs Earnings: Insufficient data to compare Karl's compensation with company performance.

CEO

Karl Sandlund (47 yo)

less than a year

Tenure

SEK 3,700,000

Compensation

Mr. Karl Sandlund has been President and Chief Executive Officer at Byggmax Group AB (publ) since July 1, 2023. He served as Chief Operating Officer of AcadeMedia AB (publ) since August 15, 2022 until Octo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Karl Sandlund	President & CEO	less than a year	SEK 3.70m	0.085% SEK 1.8m
Helena Nathhorst	Chief Financial Officer	4.6yrs	no data	0.015% SEK 322.3k
Sanna Westman	Head of Marketing	no data	no data	no data
Per Haraldsson	Chief Commercial Officer	11.5yrs	no data	0.24% SEK 4.9m
Oscar Tjarnberg	President & CEO of Skånska Byggvaror Division	6.8yrs	no data	0.095% SEK 2.0m
Anne Indrelid	CEO of Right Price Tiles	1.5yrs	no data	no data

4.6yrs

Average Tenure

50yo

Average Age

Experienced Management: BMAX's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Anders Moberg	Independent Chairman	18.5yrs	SEK 1.00m	1.01% SEK 21.1m
Gunilla Spongh	Independent Director	5.2yrs	SEK 500.00k	0.019% SEK 394.0k
Lars Ljungalv	Independent Director	4.2yrs	SEK 400.00k	0.068% SEK 1.4m
Daniel Muhlbach	Independent Director	9.2yrs	SEK 400.00k	0.015% SEK 322.3k
Catharina Fagerholm	Independent Director	3.2yrs	SEK 400.00k	0.017% SEK 358.3k
Andreas Elgaard	Independent Director	3.2yrs	SEK 400.00k	no data

4.7yrs

Average Tenure

56.5yo

Average Age

Experienced Board: BMAX's board of directors are considered experienced (4.7 years average tenure).

Byggmax Group Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Byggmax Group AB (Publ) Announces Appointment of Nomination Committee

Byggmax Group AB (publ), Annual General Meeting, May 06, 2024

Director recently bought kr610k worth of stock

Independent Director recently bought kr202k worth of stock

Byggmax Group AB (publ) Announces Resignation of Mattias Ankarberg as President, Effective August 9, 2023

Recent updates

Consensus EPS estimates fall by 22%

Insufficient new directors

Byggmax Group AB (publ) Approves Dividend for the Financial Year 2023, Payable on May 14, 2024

Upcoming dividend of kr0.50 per share

Consensus EPS estimates fall by 26%

Full year 2023 earnings: EPS misses analyst expectations

Price target increased by 38% to kr40.00

There May Be Some Bright Spots In Byggmax Group's (STO:BMAX) Earnings

Byggmax Group AB (publ) to Report Q4, 2024 Results on Jan 31, 2025

Full year 2023 earnings: EPS misses analyst expectations

Byggmax Group AB (Publ) Proposes Dividend for 2023

Subdued Growth No Barrier To Byggmax Group AB (publ) (STO:BMAX) With Shares Advancing 26%

Byggmax Group AB (publ) to Report Fiscal Year 2023 Results on Mar 27, 2024

Byggmax Group's (STO:BMAX) Returns On Capital Not Reflecting Well On The Business

Byggmax Group AB (Publ) Announces Appointment of Nomination Committee

Third quarter 2023 earnings released: EPS: kr2.36 (vs kr3.65 in 3Q 2022)

Byggmax Group AB (publ), Annual General Meeting, May 06, 2024

Byggmax Group (STO:BMAX) May Have Issues Allocating Its Capital

Second quarter 2023 earnings released: EPS: kr2.00 (vs kr3.10 in 2Q 2022)

Director recently bought kr610k worth of stock

Consensus EPS estimates fall by 17%

Price target decreased by 16% to kr38.00

Full year 2022 earnings: EPS misses analyst expectations

Independent Director recently bought kr202k worth of stock

Byggmax Group AB (publ) Announces Resignation of Mattias Ankarberg as President, Effective August 9, 2023

Insider recently bought kr440k worth of stock

Full year 2022 earnings released: EPS: kr5.34 (vs kr10.23 in FY 2021)

Return Trends At Byggmax Group (STO:BMAX) Aren't Appealing

Investor sentiment deteriorates as stock falls 21%

Byggmax Group AB (publ) to Report Q4, 2023 Results on Jan 31, 2024

Byggmax Group AB (publ) to Report Q2, 2023 Results on Jul 14, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: kr3.65 (vs kr5.02 in 3Q 2021)

Byggmax Group AB (publ), Annual General Meeting, May 05, 2023

Return Trends At Byggmax Group (STO:BMAX) Aren't Appealing

Byggmax Group AB (publ) to Report Q1, 2023 Results on Apr 25, 2023

Consensus EPS estimates fall by 17%

Second quarter 2022 earnings released: EPS: kr3.10 (vs kr5.71 in 2Q 2021)

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Byggmax Group AB (publ) Resolves Dividend for the Financial Year 2021, Payable on May 12, 2022

Upcoming dividend of kr4.00 per share

Price target increased to kr83.00

Less than half of directors are independent

First quarter 2022 earnings: EPS misses analyst expectations

Byggmax Group's (STO:BMAX) Dividend Will Be Increased To kr4.00

Byggmax Group AB (publ) to Report Q3, 2022 Results on Oct 20, 2022

Price target decreased to kr73.00

Byggmax Group (STO:BMAX) Will Pay A Larger Dividend Than Last Year At kr4.00

Byggmax Group AB (Publ) Proposes Dividend for the Financial Year 2021

Byggmax Group (STO:BMAX) Is Increasing Its Dividend To kr4.00

Price target decreased to kr79.00

Insider recently bought kr364k worth of stock

Independent Director recently bought kr185k worth of stock

Independent Director recently bought kr185k worth of stock

Full year 2021 earnings: EPS misses analyst expectations

Returns on Capital Paint A Bright Future For Byggmax Group (STO:BMAX)

Price target increased to kr90.00

At kr85.75, Is It Time To Put Byggmax Group AB (publ) (STO:BMAX) On Your Watch List?

Insider recently sold kr100k worth of stock

Third quarter 2021 earnings released: EPS kr5.02 (vs kr4.10 in 3Q 2020)

Price target increased to kr85.00

Byggmax Group AB (publ) (OM:BMAX) commences an Equity Buyback Plan, for 3,049,952 shares, representing 5% of its issued share capital, under the authorization approved on May 6, 2021.

Under The Bonnet, Byggmax Group's (STO:BMAX) Returns Look Impressive

Director recently bought kr733k worth of stock

Anders Moberg, Chairman of Byggmax acquired an additional 0.08% stake in Byggmax Group AB (publ) (OM:BMAX) for SEK 3.5 million.

Second quarter 2021 earnings released: EPS kr5.71 (vs kr4.39 in 2Q 2020)

Byggmax Group AB (Publ) Provides Earnings Guidance for the Second Quarter 2021