Price Target Changed • May 20
Price target decreased by 7.8% to kr26.50 Down from kr28.75, the current price target is an average from 2 analysts. New target price is 32% above last closing price of kr20.00. Stock is down 11% over the past year. The company is forecast to post earnings per share of kr1.61 for next year compared to kr4.64 last year. Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 21
InfraCom Group AB (publ) announces Annual dividend, payable on May 26, 2026 InfraCom Group AB (publ) announced Annual dividend of SEK 0.6000 per share payable on May 26, 2026, ex-date on May 20, 2026 and record date on May 20, 2026. Announcement • Jul 18
Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion. Telia Company AB (publ) (OM:TELIA) proposed to acquire Bredband2 i Skandinavien AB (publ) (OM:BRE2) from Anders Lövgren, ALCUR Fonder AB, Odin Small Cap, Mark Hauschildt, InfraCom Group AB and Other shareholders for SEK 3.2 billion on July 16, 2025. A cash consideration valued at SEK 3.25 per share will be paid by Telia Company AB (publ). As part of consideration, Telia offers SEK 3.25 in cash to each shareholder of Bredband2 for each share in Bredband2 tendered in the Offer. The Offer is made based on the premise that the settlement of the Offer will be completed after the record date for Bredband2’s dividend of SEK 0.05 per share on 19 September 2025. In addition, the Offer entails that Telia allows an extraordinary general meeting of Bredband2 to resolve on an additional dividend of SEK 0.05 per share without affecting the offer of SEK 3.25 per share. The offered consideration represents a premium of approximately 34.9% compared to the closing price of SEK 2.41 for Bredband2’s share on Nasdaq First North Growth Market on 17 July 2025. The acceptance period of the Offer is expected to start on 1 September 2025 and end on 17 October 2025, subject to any extensions. The total number of shares that are subject to the undertakings to accept Telia’s offer amounts to approximately 50.2 per cent of all shares and votes in Bredband2.
The board of directors of Bredband2 unanimously recommends the shareholders of Bredband2 to accept the Offer. Completion of the Offer is conditional upon customary conditions, including that it is accepted to such extent that Telia becomes the owner of more than 90 per cent of the total number of shares in Bredband2 as well as the receipt of all necessary regulatory, governmental or similar clearances, approvals, decisions and other actions from authorities or similar, including from competition authorities, in each case on terms which, in Telia’s opinion, are acceptable. Telia has reserved the right to waive these and the other conditions for the completion of the Offer. The board of directors of Bredband2 has, at the request of Telia, allowed Telia to carry out a limited due diligence review of Bredband2 in connection with the preparations of the Offer. The expected completion of the transaction is October 17, 2025.
Ernst & Young Aktiebolag acted as fairness opinion provider for Bredband2 i Skandinavien AB. Gernandt & Danielsson Advokatbyrå KB acted as legal advisor for Bredband2 i Skandinavien AB. Announcement • May 08
InfraCom Group AB (publ) announces Annual dividend, payable on May 21, 2025 InfraCom Group AB (publ) announced Annual dividend of SEK 0.6000 per share payable on May 21, 2025, ex-date on May 15, 2025 and record date on May 16, 2025. Reported Earnings • Feb 24
Full year 2024 earnings released: EPS: kr2.93 (vs kr1.91 in FY 2023) Full year 2024 results: EPS: kr2.93 (up from kr1.91 in FY 2023). Revenue: kr846.3m (up 17% from FY 2023). Net income: kr101.6m (up 59% from FY 2023). Profit margin: 12% (up from 8.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jan 22
InfraCom Group AB (publ) to Report Fiscal Year 2024 Results on Feb 20, 2025 InfraCom Group AB (publ) announced that they will report fiscal year 2024 results on Feb 20, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: kr0.52 (vs kr0.58 in 3Q 2023) Third quarter 2024 results: EPS: kr0.52 (down from kr0.58 in 3Q 2023). Revenue: kr207.3m (up 7.2% from 3Q 2023). Net income: kr18.1m (down 7.4% from 3Q 2023). Profit margin: 8.7% (down from 10% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 16
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at kr15.55. The fair value is estimated to be kr19.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Earnings per share has grown by 22%. Board Change • Oct 15
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 14
InfraCom Group AB (publ) to Report Q3, 2024 Results on Nov 12, 2024 InfraCom Group AB (publ) announced that they will report Q3, 2024 results on Nov 12, 2024 Announcement • Jul 25
InfraCom Group AB (publ) to Report Q2, 2024 Results on Aug 23, 2024 InfraCom Group AB (publ) announced that they will report Q2, 2024 results on Aug 23, 2024 Announcement • Apr 16
InfraCom Group AB (publ), Annual General Meeting, May 14, 2024 InfraCom Group AB (publ), Annual General Meeting, May 14, 2024. Announcement • Apr 09
InfraCom Group AB (publ) to Report Q1, 2024 Results on May 08, 2024 InfraCom Group AB (publ) announced that they will report Q1, 2024 results on May 08, 2024 Announcement • Jan 24
InfraCom Group AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2024 InfraCom Group AB (publ) announced that they will report fiscal year 2023 results on Feb 22, 2024 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr31.40, the stock trades at a trailing P/E ratio of 16.9x. Average forward P/E is 13x in the IT industry in Sweden. Total returns to shareholders of 135% over the past three years. Announcement • Oct 12
InfraCom Group AB (publ) to Report Q3, 2023 Results on Nov 10, 2023 InfraCom Group AB (publ) announced that they will report Q3, 2023 results on Nov 10, 2023 Announcement • Sep 20
InfraCom Group AB (publ) (NGM:INFRA) signed an agreement to acquire CoMCenter i Jönköping AB for SEK 55 million. InfraCom Group AB (publ) (NGM:INFRA) signed an agreement to acquire CoMCenter i Jönköping AB for SEK 55 million on September 19, 2023. Reported Earnings • Sep 03
Second quarter 2023 earnings released: EPS: kr0.55 (vs kr0.38 in 2Q 2022) Second quarter 2023 results: EPS: kr0.55 (up from kr0.38 in 2Q 2022). Revenue: kr205.4m (up 177% from 2Q 2022). Net income: kr18.5m (up 55% from 2Q 2022). Profit margin: 9.0% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Aug 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be kr36.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 30%. Announcement • Aug 03
InfraCom Group AB (publ) to Report Q2, 2023 Results on Aug 31, 2023 InfraCom Group AB (publ) announced that they will report Q2, 2023 results on Aug 31, 2023 Upcoming Dividend • Apr 21
Upcoming dividend of kr0.55 per share at 1.8% yield Eligible shareholders must have bought the stock before 28 April 2023. Payment date: 05 May 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Swedish dividend payers (5.0%). Lower than average of industry peers (2.2%). Price Target Changed • Mar 04
Price target increased by 8.6% to kr38.00 Up from kr35.00, the current price target is provided by 1 analyst. New target price is 18% above last closing price of kr32.10. Stock is up 55% over the past year. The company posted earnings per share of kr1.68 last year. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: kr1.66 (vs kr1.47 in FY 2021) Full year 2022 results: EPS: kr1.66 (up from kr1.47 in FY 2021). Revenue: kr355.3m (up 32% from FY 2021). Net income: kr52.7m (up 16% from FY 2021). Profit margin: 15% (down from 17% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 25
InfraCom Group AB (publ) to Report Fiscal Year 2022 Results on Feb 23, 2023 InfraCom Group AB (publ) announced that they will report fiscal year 2022 results on Feb 23, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Price Target Changed • Sep 07
Price target increased to kr34.00 Up from kr31.00, the current price target is provided by 1 analyst. New target price is 56% above last closing price of kr21.80. Stock is down 18% over the past year. The company posted earnings per share of kr1.47 last year. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS: kr0.38 (vs kr0.41 in 2Q 2021) Second quarter 2022 results: EPS: kr0.38 (down from kr0.41 in 2Q 2021). Revenue: kr74.8m (up 3.8% from 2Q 2021). Net income: kr11.9m (down 5.1% from 2Q 2021). Profit margin: 16% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, compared to a 16% growth forecast for the IT industry in Sweden. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 20
Upcoming dividend of kr0.50 per share Eligible shareholders must have bought the stock before 27 April 2022. Payment date: 03 May 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Swedish dividend payers (4.6%). In line with average of industry peers (2.1%). Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: kr1.46 (up from kr0.61 in FY 2020). Revenue: kr270.0m (up 21% from FY 2020). Net income: kr45.6m (up 141% from FY 2020). Profit margin: 17% (up from 8.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 20%, compared to a 17% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS kr0.36 (vs kr0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr67.6m (up 25% from 3Q 2020). Net income: kr11.2m (up 145% from 3Q 2020). Profit margin: 17% (up from 8.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 21% share price gain to kr32.50, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 25x in the IT industry in Sweden. Total returns to shareholders of 192% over the past three years. Reported Earnings • Sep 05
Second quarter 2021 earnings released: EPS kr0.41 (vs kr0.29 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: kr72.0m (up 33% from 2Q 2020). Net income: kr12.6m (up 40% from 2Q 2020). Profit margin: 18% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 31% per year. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 21% share price gain to kr27.00, the stock trades at a trailing P/E ratio of 41.8x. Average forward P/E is 24x in the IT industry in Sweden. Total returns to shareholders of 128% over the past three years. Reported Earnings • Jun 13
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr58.7m (up 11% from 1Q 2020). Net income: kr9.51m (up 124% from 1Q 2020). Profit margin: 16% (up from 8.0% in 1Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorated over the past week After last week's 19% share price decline to kr22.80, the stock trades at a trailing P/E ratio of 37.2x. Average forward P/E is 20x in the IT industry in Sweden. Total returns to shareholders of 148% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 20% share price gain to kr26.70, the stock trades at a trailing P/E ratio of 43.5x. Average forward P/E is 21x in the IT industry in Sweden. Total returns to shareholders of 195% over the past three years. Is New 90 Day High Low • Feb 25
New 90-day high: kr19.80 The company is up 18% from its price of kr16.80 on 27 November 2020. The Swedish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improved over the past week After last week's 15% share price gain to kr19.45, the stock is trading at a trailing P/E ratio of 41.7x, up from the previous P/E ratio of 36.3x. This compares to an average P/E of 26x in the IT industry in Sweden. Total returns to shareholders over the past three years are 85%. Is New 90 Day High Low • Feb 06
New 90-day high: kr17.45 The company is up 44% from its price of kr12.10 on 06 November 2020. The Swedish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 15% share price gain to kr17.00, the stock is trading at a trailing P/E ratio of 36.5x, up from the previous P/E ratio of 31.6x. This compares to an average P/E of 26x in the IT industry in Sweden. Total returns to shareholders over the past year are 70%. Valuation Update With 7 Day Price Move • Nov 23
Market bids up stock over the past week After last week's 19% share price gain to kr16.90, the stock is trading at a trailing P/E ratio of 36.3x, up from the previous P/E ratio of 30.4x. This compares to an average P/E of 26x in the IT industry in Sweden. Total returns to shareholders over the past year are 70%. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 17% share price gain to kr14.20, the stock is trading at a trailing P/E ratio of 34.3x, up from the previous P/E ratio of 29.3x. This compares to an average P/E of 26x in the IT industry in Sweden. Total returns to shareholders over the past year are 47%. Is New 90 Day High Low • Nov 10
New 90-day high: kr12.55 The company is up 19% from its price of kr10.55 on 12 August 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the IT industry, which is also up 19% over the same period.