Board Change • Jun 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director Ola Burmark is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 28
CEO & Adjunct Member of the Board recently bought kr102k worth of stock On the 24th of April, Sandra Gadd bought around 10k shares on-market at roughly kr10.15 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Sandra has been a buyer over the last 12 months, purchasing a net total of kr296k worth in shares. Reported Earnings • Apr 26
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: kr0.50 loss per share. Revenue: kr489.1m (down 13% from 1Q 2025). Net loss: kr34.9m (loss widened 68% from 1Q 2025). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Specialty Retail industry in Sweden. Reported Earnings • Feb 10
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: kr7.49 loss per share (further deteriorated from kr0.64 loss in FY 2024). Revenue: kr2.38b (down 7.7% from FY 2024). Net loss: kr388.1m (loss widened kr368.2m from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Minor Risks High level of debt (45% net debt to equity). Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (kr558.7m market cap, or US$62.0m). Announcement • Jan 21
Kjell Group AB (publ), Annual General Meeting, May 20, 2026 Kjell Group AB (publ), Annual General Meeting, May 20, 2026. Reported Earnings • Oct 23
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: kr5.82 loss per share (down from kr0.13 profit in 3Q 2024). Revenue: kr591.3m (down 5.3% from 3Q 2024). Net loss: kr344.5m (down kr348.7m from profit in 3Q 2024). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Sep 08
Chief Supply Chain Officer recently sold kr70k worth of stock On the 3rd of September, Carl Rijpma sold around 8k shares on-market at roughly kr8.88 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr324k more than they sold in the last 12 months. Recent Insider Transactions • Jul 28
Adjunct Member of the Board recently bought kr194k worth of stock On the 24th of July, Sandra Gadd bought around 20k shares on-market at roughly kr9.71 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr804k more in shares than they have sold in the last 12 months. Reported Earnings • Jul 20
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: kr0.36 loss per share. Revenue: kr529.7m (down 11% from 2Q 2024). Net loss: kr20.9m (loss widened 13% from 2Q 2024). Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) also missed analyst estimates by 140%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Specialty Retail industry in Sweden. Board Change • May 22
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Sandra Gadd was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • May 21
Kjell Group AB (Publ) Appoints New Members of the Board Kjell Group AB (publ) at its Annual General Meeting held on 21 May, 2025 appointed David Zaudy, Ebba Ljungerud and Adeline Sterner as new members of the Board. New Risk • May 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr606.7m market cap, or US$61.7m). New Risk • Apr 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 90% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (kr538.6m market cap, or US$56.0m). Reported Earnings • Apr 19
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: kr0.64 loss per share (down from kr0.40 profit in FY 2023). Revenue: kr2.58b (flat on FY 2023). Net loss: kr19.9m (down 260% from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Specialty Retail industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Announcement • Apr 03
Kjell Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 199.05817 million. Kjell Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 199.05817 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 28,036,362
Price\Range: SEK 7.1
Transaction Features: Regulation S; Rights Offering Announcement • Feb 21
Kjell Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 199.05817 million. Kjell Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 199.05817 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 28,036,362
Price\Range: SEK 7.1
Transaction Features: Rights Offering Announcement • Feb 14
Kjell Group AB (publ) Announces Chief Executive Officer Changes, Effective September 2025 The Board of Directors of Kjell Group AB (publ) appointed the current board member Sandra Gadd as the new CEO of Kjell Group. The Company's current CEO, Anders Rylander, will remain in his current position until Sandra Gadd assumes the role, which is planned to take place in September 2025. Sandra Gadd (born 1983) was most recently CFO of Boozt, a position she has held since 2019. After graduating with a master's degree in economics from the School of Economics and Management at Lund University, she worked at Deloitte for eight years, initially as an accountant and subsequently as a management consultant, after which she joined Boozt in 2016. Sandra Gadd has been a member of the Board of Directors of Kjell Group since 2023, a position she is now stepping down from in connection with her appointment as CEO. The current CEO, Andreas Rylander, will remain in his position up until September 2025, when Sandra Gadd takes office. Andreas Rylander has been President during two periods, most recently since 2021, with the responsibility of listing the Company's shares on Nasdaq First North Growth Market, as well as leading the Company through a period marked by significant challenges, including pressured consumer purchasing power and tough international competition. Andreas Rylander has worked at Kjell Group for over 20 years. Reported Earnings • Feb 14
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: kr0.64 loss per share (down from kr0.40 profit in FY 2023). Revenue: kr2.59b (up 1.1% from FY 2023). Net loss: kr19.9m (down 260% from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 7.5% 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, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. New Risk • Feb 13
New major risk - Revenue and earnings growth Earnings have declined by 14% 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 Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (kr395.6m market cap, or US$36.5m). New Risk • Jan 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (kr295.3m market cap, or US$26.4m). Announcement • Jan 15
Kjell Group AB (publ) to Report Q4, 2024 Results on Feb 13, 2025 Kjell Group AB (publ) announced that they will report Q4, 2024 results at 7:00 AM, Central European Standard Time on Feb 13, 2025 Recent Insider Transactions • Dec 22
Chief Supply Chain Officer recently bought kr76k worth of stock On the 19th of December, Carl Rijpma bought around 10k shares on-market at roughly kr7.60 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.0m more in shares than they have sold in the last 12 months. New Risk • Dec 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (kr294.7m market cap, or US$26.8m). Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: kr0.13 (vs kr0.81 in 3Q 2023) Third quarter 2024 results: EPS: kr0.13 (down from kr0.81 in 3Q 2023). Revenue: kr624.3m (down 4.1% from 3Q 2023). Net income: kr4.16m (down 84% from 3Q 2023). Profit margin: 0.7% (down from 3.9% in 3Q 2023). Revenue is forecast to grow 8.5% 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, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Sep 18
Kjell Group AB (publ), Annual General Meeting, May 21, 2025 Kjell Group AB (publ), Annual General Meeting, May 21, 2025. Recent Insider Transactions • Sep 02
Chief Technology Officer recently sold kr98k worth of stock On the 29th of August, Martin Knutson sold around 6k shares on-market at roughly kr17.09 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr325k more than they sold in the last 12 months. Reported Earnings • Jul 25
Second quarter 2024 earnings: EPS misses analyst expectations Second quarter 2024 results: kr0.59 loss per share (further deteriorated from kr0.57 loss in 2Q 2023). Revenue: kr594.4m (up 4.5% from 2Q 2023). Net loss: kr18.4m (loss widened 3.0% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Specialty Retail industry in Sweden. Announcement • May 17
Kjell Group AB (Publ) Approves Election of Board of Directors Kjell Group AB (publ) held its Annual General Meeting on 15 May 2024 in Malmö. The Annual General Meeting resolved that the Board elected Jan Friedman as a new member of the Board. Jan Friedman was elected as new Chairperson of the Board and Ingrid Jonasson Blank was elected as deputy Chairperson of the Board. Recent Insider Transactions • May 01
Independent Chairman of the Board recently bought kr122k worth of stock On the 26th of April, Ingrid Blank bought around 7k shares on-market at roughly kr18.49 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr193k. Ingrid has been a buyer over the last 12 months, purchasing a net total of kr535k worth in shares. Price Target Changed • Apr 29
Price target decreased by 19% to kr23.00 Down from kr28.50, the current price target is provided by 1 analyst. New target price is 22% above last closing price of kr18.90. Stock is down 30% over the past year. The company is forecast to post earnings per share of kr0.33 for next year compared to kr0.40 last year. Reported Earnings • Apr 17
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: kr0.40 (down from kr2.29 in FY 2022). Revenue: kr2.56b (down 1.8% from FY 2022). Net income: kr12.4m (down 83% from FY 2022). Profit margin: 0.5% (down from 2.7% in FY 2022). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Sweden. Announcement • Mar 12
Kjell Group AB (Publ) Appoints Thomas Pehrsson as CFO, Effective April 15, 2024 Kjell Group appointed Thomas Pehrsson as the new CFO and member of the group management. Thomas joins from a role as CFO and deputy CEO at CDON AB and will take up his new role on April 15, 2024. Before the different roles at CDON AB, Thomas held the position of CFO for Tunstall Health Group's Nordic company, and has a past with BorgWarner, Capgemini and Coca-Cola. Announcement • Feb 28
Kjell Group AB (Publ) Announces CFO Changes Kjell Group has previously communicated that the group has appointed Erik Hansson as the new Chief Financial Officer (CFO), with an effective date of June 1, 2024 at the latest. Erik Hansson has announced that he will not assume the position. The company will now resume the process of recruiting a new CFO. Kjell Group's Head of Group Finance & Business Control, Anders Hofvander, will continue in his role as interim CFO until a permanent replacement is in place. Recent Insider Transactions • Feb 20
Independent Director recently bought kr102k worth of stock On the 16th of February, Ola Burmark bought around 5k shares on-market at roughly kr20.46 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr827k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to kr19.85, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Specialty Retail industry in Sweden. Total loss to shareholders of 41% over the past year. Major Estimate Revision • Feb 20
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from kr2.72b to kr2.64b. EPS estimate also fell from kr2.26 per share to kr1.70 per share. Net income forecast to grow 328% next year vs 71% growth forecast for Specialty Retail industry in Sweden. Consensus price target down from kr34.50 to kr28.50. Share price fell 33% to kr19.85 over the past week. Price Target Changed • Feb 14
Price target decreased by 7.6% to kr30.50 Down from kr33.00, the current price target is an average from 2 analysts. New target price is 45% above last closing price of kr21.00. Stock is down 40% over the past year. The company is forecast to post earnings per share of kr1.84 for next year compared to kr0.40 last year. Reported Earnings • Feb 13
Full year 2023 earnings released: EPS: kr0.40 (vs kr2.29 in FY 2022) Full year 2023 results: EPS: kr0.40 (down from kr2.29 in FY 2022). Revenue: kr2.57b (down 1.3% from FY 2022). Net income: kr12.4m (down 83% from FY 2022). Profit margin: 0.5% (down from 2.7% in FY 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Specialty Retail industry in Sweden. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr33.50, 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 loss to shareholders of 3.7% over the past year. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to kr26.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Specialty Retail industry in Sweden. Total loss to shareholders of 30% over the past year. Announcement • Nov 29
Erik Hansson to Take over as CFO of Kjell Group No Later Than June 1, 2024 Kjell Group has appointed Erik Hansson as the new CFO. Erik will take up his new position no later than June 1, 2024, and will then be part of Kjell Group's management. Erik Hansson joins from a role as Managing Director & Group CFO for BRIO AB, which is part of Ravensburger AG, where he was also part of the group management. Erik Hansson will take over as CFO no later than June 1, 2024. As previously announced, the current CFO Niklas Tyrén will leave Kjell Group in the second quarter of 2024. Announcement • Nov 09
Niklas Tyrén, CFO to Leave Kjell Group AB (Publ) in 2024 Kjell Group AB (publ) announced that Niklas Tyrén, CFO, has announced that he will leave his position in the second quarter of 2024. Niklas Tyrén has been part of the group management since he joined the company in 2015. The company is now working on recruiting a new CFO. Recent Insider Transactions • Nov 03
Chief Retail Officer recently sold kr73k worth of stock On the 31st of October, David Palm sold around 4k shares on-market at roughly kr19.90 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth kr98k. Despite this recent sale, insiders have collectively bought kr725k more than they sold in the last 12 months. Reported Earnings • Nov 02
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: kr0.81 (down from kr0.83 in 3Q 2022). Revenue: kr653.5m (up 5.9% from 3Q 2022). Net income: kr25.2m (down 2.0% from 3Q 2022). Profit margin: 3.9% (down from 4.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 88%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in Sweden. New Risk • Oct 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (kr507.8m market cap, or US$45.4m). Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 44% After last week's 44% share price gain to kr21.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Specialty Retail industry in Sweden. Total loss to shareholders of 37% over the past year. Recent Insider Transactions • Sep 01
President & CEO recently bought kr265k worth of stock On the 29th of August, Andreas Rylander bought around 15k shares on-market at roughly kr17.68 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Andreas has been a buyer over the last 12 months, purchasing a net total of kr465k worth in shares. Recent Insider Transactions • Aug 06
Independent Chairman of the Board recently bought kr220k worth of stock On the 3rd of August, Ingrid Blank bought around 10k shares on-market at roughly kr22.00 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ingrid's only on-market trade for the last 12 months. New Risk • Aug 02
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (kr669.8m market cap, or US$62.4m). Reported Earnings • Aug 02
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: kr0.57 loss per share (down from kr0.043 profit in 2Q 2022). Revenue: kr574.2m (down 6.4% from 2Q 2022). Net loss: kr17.9m (down kr19.2m from profit in 2Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Sweden. Price Target Changed • Jul 03
Price target decreased by 16% to kr26.00 Down from kr31.00, the current price target is provided by 1 analyst. New target price is 16% above last closing price of kr22.50. Stock is down 49% over the past year. The company is forecast to post earnings per share of kr1.55 for next year compared to kr2.29 last year. Board Change • May 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Joel Eklund was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • May 24
Consensus EPS estimates increase by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from kr2.55b to kr2.60b. EPS estimate increased from kr1.38 to kr1.65 per share. Net income forecast to grow 14% next year vs 33% growth forecast for Specialty Retail industry in Sweden. Consensus price target down from kr31.00 to kr29.00. Share price was steady at kr24.20 over the past week. Price Target Changed • May 21
Price target decreased by 16% to kr31.00 Down from kr37.00, the current price target is provided by 1 analyst. New target price is 26% above last closing price of kr24.70. Stock is down 47% over the past year. The company is forecast to post earnings per share of kr1.38 for next year compared to kr2.29 last year. Announcement • May 17
Kjell Group AB (Publ) Elects Sandra Gadd as A New Member of the Board Kjell Group AB (publ) at it's Annual General Meeting elected Sandra Gadd as a new member of the Board. Major Estimate Revision • May 03
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from kr2.29 to kr1.96 per share. Revenue forecast steady at kr2.70b. Net income forecast to shrink 14% next year vs 27% growth forecast for Specialty Retail industry in Sweden . Consensus price target down from kr37.00 to kr35.50. Share price rose 4.1% to kr27.90 over the past week. Major Estimate Revision • Apr 25
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from kr2.62 to kr2.29 per share. Revenue forecast steady at kr2.67b. Net income forecast to grow 0.4% next year vs 12% growth forecast for Specialty Retail industry in Sweden. Consensus price target down from kr39.50 to kr37.00. Share price fell 3.2% to kr27.00 over the past week. Reported Earnings • Apr 19
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: kr2.29 (up from kr1.75 in FY 2021). Revenue: kr2.61b (up 8.8% from FY 2021). Net income: kr71.2m (up 143% from FY 2021). Profit margin: 2.7% (up from 1.2% in FY 2021). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in Sweden. Major Estimate Revision • Feb 23
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr2.81b to kr2.69b. EPS estimate also fell from kr3.49 per share to kr2.62 per share. Net income forecast to grow 15% next year vs 21% growth forecast for Specialty Retail industry in Sweden. Consensus price target down from kr43.50 to kr39.50. Share price fell 7.3% to kr32.25 over the past week. Price Target Changed • Feb 20
Price target decreased by 9.2% to kr39.50 Down from kr43.50, the current price target is an average from 2 analysts. New target price is 17% above last closing price of kr33.65. Stock is down 34% over the past year. The company is forecast to post earnings per share of kr2.62 for next year compared to kr2.29 last year. Price Target Changed • Feb 17
Price target decreased by 9.9% to kr41.00 Down from kr45.50, the current price target is an average from 2 analysts. New target price is 17% above last closing price of kr35.00. Stock is down 35% over the past year. The company is forecast to post earnings per share of kr2.41 for next year compared to kr2.29 last year. Reported Earnings • Feb 17
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: kr2.29 (up from kr1.75 in FY 2021). Revenue: kr2.62b (up 9.3% from FY 2021). Net income: kr71.2m (up 143% from FY 2021). Profit margin: 2.7% (up from 1.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Specialty Retail industry in Sweden.