Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: €0.14 (vs €0.015 in 1Q 2025) First quarter 2026 results: EPS: €0.14 (up from €0.015 in 1Q 2025). Revenue: €168.5m (up 6.8% from 1Q 2025). Net income: €5.00m (up €4.80m from 1Q 2025). Profit margin: 3.0% (up from 0.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Apr 28
Fenix Outdoor International AG (OM:FOI B) agreed to acquire remaining 35% stake in Devold of Norway AS from Flakk Holding AS for €9.6 million. Fenix Outdoor International AG (OM:FOI B) agreed to acquire remaining 35% stake in Devold of Norway AS from Flakk Holding AS for €9.6 million on April 27, 2026. A cash consideration will be paid by Fenix Outdoor International AG.
Upon completion, Fenix Outdoor will control 100% of the shares in Devold of Norway. Upcoming Dividend • Apr 21
Upcoming dividend of kr7.50 per share Eligible shareholders must have bought the stock before 28 April 2026. Payment date: 05 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.5%. Lower than top quartile of Swedish dividend payers (4.0%). Lower than average of industry peers (3.7%). Buy Or Sell Opportunity • Mar 23
Now 22% overvalued Over the last 90 days, the stock has fallen 5.5% to kr455. The fair value is estimated to be kr373, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has declined by 77%. Reported Earnings • Feb 07
Full year 2025 earnings released: EPS: €0.43 (vs €1.09 in FY 2024) Full year 2025 results: EPS: €0.43 (down from €1.09 in FY 2024). Revenue: €707.7m (up 3.2% from FY 2024). Net income: €4.80m (down 67% from FY 2024). Profit margin: 0.7% (down from 2.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Declared Dividend • Feb 07
Final dividend of kr7.50 announced Shareholders will receive a dividend of kr7.50. Ex-date: 28th April 2026 Payment date: 5th May 2026 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (235% earnings payout ratio). However, it is well covered by cash flows (28% cash payout ratio). The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 161% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend. Upcoming Dividend • Nov 25
Upcoming dividend of kr15.00 per share Eligible shareholders must have bought the stock before 02 December 2025. Payment date: 08 December 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.0%. Lower than top quartile of Swedish dividend payers (4.0%). Lower than average of industry peers (3.7%). Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: €0.58 (vs €1.38 in 3Q 2024) Third quarter 2025 results: EPS: €0.58. Revenue: €212.3m (up 7.4% from 3Q 2024). Net income: €20.2m (up 9.8% from 3Q 2024). Profit margin: 9.5% (in line with 3Q 2024). New Risk • Jul 23
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 102% Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 5x earnings per share. Cash payout ratio: 102% Earnings have declined by 18% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • Jul 23
Second quarter 2025 earnings released: €0.28 loss per share (vs €0.56 loss in 2Q 2024) Second quarter 2025 results: €0.28 loss per share. Revenue: €146.5m (down 2.1% from 2Q 2024). Net loss: €9.70m (loss widened 29% from 2Q 2024). Reported Earnings • May 07
First quarter 2025 earnings released: EPS: €0.006 (vs €0.51 in 1Q 2024) First quarter 2025 results: EPS: €0.006 (down from €0.51 in 1Q 2024). Revenue: €160.1m (down 2.3% from 1Q 2024). Net income: €200.0k (down 97% from 1Q 2024). Profit margin: 0.1% (down from 4.2% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • May 05
Fenix Outdoor International AG to Report Q2, 2025 Results on Jul 22, 2025 Fenix Outdoor International AG announced that they will report Q2, 2025 results on Jul 22, 2025 Announcement • Apr 11
Fenix Outdoor International AG, Annual General Meeting, May 05, 2025 Fenix Outdoor International AG, Annual General Meeting, May 05, 2025, at 14:00 W. Europe Standard Time. Location: hemvarnsgatan 9, solna, Sweden Reported Earnings • Apr 07
Full year 2024 earnings released: EPS: €1.09 (vs €2.37 in FY 2023) Full year 2024 results: EPS: €1.09 (down from €2.37 in FY 2023). Revenue: €685.6m (down 7.3% from FY 2023). Net income: €14.5m (down 54% from FY 2023). Profit margin: 2.1% (down from 4.3% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 14
Dividend of kr30.00 announced Shareholders will receive a dividend of kr30.00. Ex-date: 6th May 2025 Payment date: 12th May 2025 Dividend yield will be 4.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 13x earnings) nor is it covered by cash flows (272% cash payout ratio). The dividend has increased by an average of 43% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,421% to bring the payout ratio under control. However, EPS has declined by 25% over the last 5 years so the company would need to reverse this trend. New Risk • Feb 13
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Dividend per share is over 13x earnings per share. Cash payout ratio: 272% Dividend yield: 26% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 13x earnings per share. Cash payout ratio: 272% Earnings have declined by 11% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin). Reported Earnings • Feb 12
Full year 2024 earnings released: EPS: €0.42 (vs €2.37 in FY 2023) Full year 2024 results: EPS: €0.42 (down from €2.37 in FY 2023). Revenue: €698.8m (down 5.5% from FY 2023). Net income: €14.6m (down 54% from FY 2023). Profit margin: 2.1% (down from 4.3% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: €1.38 (vs €2.09 in 3Q 2023) Third quarter 2024 results: EPS: €1.38 (down from €2.09 in 3Q 2023). Revenue: €197.6m (down 11% from 3Q 2023). Net income: €18.4m (down 34% from 3Q 2023). Profit margin: 9.3% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 23
Second quarter 2024 earnings released: €0.21 loss per share (vs €0.008 profit in 2Q 2023) Second quarter 2024 results: €0.21 loss per share (down from €0.008 profit in 2Q 2023). Revenue: €153.0m (down 2.2% from 2Q 2023). Net loss: €7.50m (down €7.60m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 19% per year. Announcement • Jul 22
Fenix Outdoor International AG to Report Q3, 2024 Results on Oct 25, 2024 Fenix Outdoor International AG announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • May 06
New major risk - Revenue and earnings growth Earnings have declined by 6.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.8% net profit margin). Announcement • May 03
Fenix Outdoor International AG Approves Dividend for the Year 2023 Fenix Outdoor International AG at its Annual General Meeting held on May 2, 2024, approved the dividend 2023 to SEK 15.0 (15.0) per B-share and SEK 1.5 (1.5) per A-share. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: €0.20 (vs €0.80 in 1Q 2023) First quarter 2024 results: EPS: €0.20 (down from €0.80 in 1Q 2023). Revenue: €168.6m (down 6.3% from 1Q 2023). Net income: €6.80m (down 36% from 1Q 2023). Profit margin: 4.0% (down from 5.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Declared Dividend • Apr 05
Dividend of kr15.00 announced Shareholders will receive a dividend of kr15.00. Ex-date: 3rd May 2024 Payment date: 10th May 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 105% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 04
Fenix Outdoor International AG, Annual General Meeting, May 02, 2024 Fenix Outdoor International AG, Annual General Meeting, May 02, 2024, at 14:00 Central European Standard Time. Location: Hemvärnsgatan 9, Solna Sweden Solna Sweden Agenda: To consider and approval of the Annual Report 2023 and taking note of the audit report; to Appropriation of the available earnings 2023; to Discharge of the members of the Board of Directors and the Senior Executives; to Elections of Members of the Board of Directors; to Elections of Chairman of the Board of Directors; to Elections Compensation Committee; to Elections Independent Proxy; to Elections Auditor; to Approval of the total compensation to the Board of Directors, for the financial year 2025; and to consider other matters if any. Reported Earnings • Feb 13
Full year 2023 earnings released: EPS: €0.91 (vs €4.54 in FY 2022) Full year 2023 results: EPS: €0.91 (down from €4.54 in FY 2022). Revenue: €750.1m (down 1.2% from FY 2022). Net income: €31.6m (down 48% from FY 2022). Profit margin: 4.2% (down from 8.0% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Jan 27
Fenix Outdoor International AG Announces Executive Changes, on April 1, 2024 Fenix Outdoor International AG announced that on April 1, 2024, Jan Lindmark steps down as CIO at Fenix Outdoor. Jan has decided to go into retirement, while staying on as an external consultant for Fenix Outdoor. Jan joined Fenix Outdoor in August 2022. During his time with us, Jan has led an overhaul of Fenix Outdoor Tech department, establishing a new and more business-oriented tech organization. efje Jacques will take a step up in organization. Eefje has held multiple different positions within the Fenix Tech department since she started back in 2019, latest as Head of Brands Business Tech and Deputy CTO. Prior to arriving at Fenix Outdoor, Eefje spent more than 15 years within the Tech industry, working for various high-end consultancy firms. She has varied experience within Tech strategy, IT Management and Software development. Eefje has been essential in establishing and structuring current Fenix Tech department together with Jan. Eefje will start her new position as CTO on April 1st, 2024. Reported Earnings • Nov 01
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €225.9m (flat on 3Q 2022). Net income: €27.8m (down 15% from 3Q 2022). Profit margin: 12% (down from 15% in 3Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: €0.09 (vs €0.62 in 2Q 2022) Second quarter 2023 results: EPS: €0.09 (down from €0.62 in 2Q 2022). Revenue: €152.8m (down 6.1% from 2Q 2022). Net income: €1.20m (down 86% from 2Q 2022). Profit margin: 0.8% (down from 5.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jul 24
Fenix Outdoor International AG to Report Q3, 2023 Results on Oct 31, 2023 Fenix Outdoor International AG announced that they will report Q3, 2023 results on Oct 31, 2023 Upcoming Dividend • Apr 17
Upcoming dividend of kr15.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 24 April 2023. Payment date: 28 April 2023. Trailing yield: 1.7%. Lower than top quartile of Swedish dividend payers (4.8%). Lower than average of industry peers (4.2%). Reported Earnings • Mar 31
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: €4.54 (up from €4.21 in FY 2021). Revenue: €759.4m (up 17% from FY 2021). Net income: €60.6m (up 7.8% from FY 2021). Profit margin: 8.0% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Feb 12
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: €4.55 (up from €4.21 in FY 2021). Revenue: €759.2m (up 17% from FY 2021). Net income: €60.6m (up 7.8% from FY 2021). Profit margin: 8.0% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Fenix Outdoor International Ag Proposes Ordinary Dividend Fenix Outdoor International AG proposed an ordinary dividend of 15,000 (15,00) Swedish Kronor, "SEK", per B-share and 1,5 (1,5) SEK per A-share. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to kr989, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Specialty Retail industry in Sweden. Total loss to shareholders of 3.0% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Mats Olsson was the last independent director to join the board, commencing their role in 1986. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Major Estimate Revision • Nov 09
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €5.70 to €5.10 per share. Revenue forecast steady at €757.8m. Net income forecast to grow 17% next year vs 9.1% growth forecast for Specialty Retail industry in Sweden. Consensus price target down from kr1,248 to kr1,100. Share price fell 5.3% to kr837 over the past week. Reported Earnings • Nov 03
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: €227.9m (up 15% from 3Q 2021). Net income: €32.8m (up 1.9% from 3Q 2021). Profit margin: 14% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Specialty Retail industry in Sweden. Reported Earnings • Jul 22
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: €0.68 (up from €0.20 in 2Q 2021). Revenue: €165.9m (up 29% from 2Q 2021). Net income: €9.00m (up 246% from 2Q 2021). Profit margin: 5.4% (up from 2.0% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Over the next year, revenue is forecast to grow 1.8%, compared to a 7.7% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr889, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Specialty Retail industry in Sweden. Total loss to shareholders of 6.9% over the past three years. Reported Earnings • May 01
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: €0.95 (up from €0.71 in 1Q 2021). Revenue: €165.2m (up 30% from 1Q 2021). Net income: €12.7m (up 34% from 1Q 2021). Profit margin: 7.7% (up from 7.5% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 6.4%, compared to a 7.4% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Mats Olsson was the last independent director to join the board, commencing their role in 1986. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 21
Upcoming dividend of kr20.00 per share Eligible shareholders must have bought the stock before 28 April 2022. Payment date: 04 May 2022. Trailing yield: 1.8%. Lower than top quartile of Swedish dividend payers (4.7%). Lower than average of industry peers (4.6%). Reported Earnings • Apr 08
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: €4.21 (up from €2.52 in FY 2020). Revenue: €650.3m (up 16% from FY 2020). Net income: €56.2m (up 67% from FY 2020). Profit margin: 8.6% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 7.0%, compared to a 7.5% growth forecast for the retail industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to kr1,076, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Specialty Retail industry in Sweden. Total returns to shareholders of 20% over the past three years. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: €4.21 (up from €2.52 in FY 2020). Revenue: €649.9m (up 15% from FY 2020). Net income: €56.2m (up 67% from FY 2020). Profit margin: 8.6% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 6.9%, compared to a 13% growth forecast for the retail industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 16% share price gain to kr1,456, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Specialty Retail industry in Sweden. Total returns to shareholders of 49% over the past three years. Reported Earnings • Jul 25
Second quarter 2021 earnings released: EPS €0.19 (vs €0.022 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €128.7m (up 27% from 2Q 2020). Net income: €2.50m (up €2.20m from 2Q 2020). Profit margin: 1.9% (up from 0.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Jul 24
Fenix Outdoor International AG Proposes Extra Dividend Fenix Outdoor International AG's board will invite to an extra general meeting and propose for an extra dividend of 9.00 SEK per B-Share and 0.9 SEK per A-Share. 
