Declared Dividend • May 22
Dividend of kr3.60 announced Shareholders will receive a dividend of kr3.60. Ex-date: 27th August 2026 Payment date: 2nd September 2026 Dividend yield will be 12%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • May 21
Addtech AB (publ.), Annual General Meeting, Aug 26, 2026 Addtech AB (publ.), Annual General Meeting, Aug 26, 2026, at 15:30 W. Europe Standard Time. Reported Earnings • May 21
Full year 2026 earnings released: EPS: kr7.96 (vs kr7.01 in FY 2025) Full year 2026 results: EPS: kr7.96 (up from kr7.01 in FY 2025). Revenue: kr22.7b (up 4.2% from FY 2025). Net income: kr2.15b (up 14% from FY 2025). Profit margin: 9.5% (in line with FY 2025). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 21
Addtech AB (publ.) announces Annual dividend, payable on September 02, 2026 Addtech AB (publ.) announced Annual dividend of SEK 3.6000 per share payable on September 02, 2026, ex-date on August 27, 2026 and record date on August 28, 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Annikki Schaeferdiek was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 20
Addtech AB (publ.) to Report First Half, 2027 Results on Oct 22, 2026 Addtech AB (publ.) announced that they will report first half, 2027 results on Oct 22, 2026 Tillkännagivande • Apr 03
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Staka Holding B.V. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Staka Holding B.V. on April 1, 2026.
Staka Holding B.V. has an annual turnover of approximately €15 million. . The acquisition is expected to have a marginally positive impact on Addtech's earnings per share during the current financial year.
The expected completion of the transaction is April 1, 2026. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Annikki Schaeferdiek was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 07
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 80% stake in Axion AG. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 80% stake in Axion AG on November 6, 2025. Axion will become part of and complement our existing operations within the Vehicle Solution business unit of Addtech AB.
For the period ending December 31, 2024, Axion AG reported total revenue of €23 million.
The acquisition is conditioned on approval from relevant competition authorities and closing is estimated to take place at the beginning of January 2026. Tillkännagivande • Oct 23
Addtech AB (publ.) to Report Q1, 2027 Results on Jul 14, 2026 Addtech AB (publ.) announced that they will report Q1, 2027 results on Jul 14, 2026 Tillkännagivande • Jul 15
Addtech AB (publ.) to Report Fiscal Year 2026 Results on May 20, 2026 Addtech AB (publ.) announced that they will report fiscal year 2026 results on May 20, 2026 Tillkännagivande • Jun 24
Addtech AB (publ.) announces Annual dividend, payable on September 03, 2025 Addtech AB (publ.) announced Annual dividend of SEK 3.2000 per share payable on September 03, 2025, ex-date on August 28, 2025 and record date on August 29, 2025. Tillkännagivande • May 16
Addtech AB (publ.), Annual General Meeting, Aug 27, 2025 Addtech AB (publ.), Annual General Meeting, Aug 27, 2025, at 16:00 W. Europe Standard Time. Location: at iva, grev turegatan 16, stockholm Sweden Tillkännagivande • Jan 16
Addtech AB (publ.) (OM:ADDT B) acquired Coel Motori Srl. Addtech AB (publ.) (OM:ADDT B) acquired Coel Motori Srl on January 15, 2025. As part of the acquisition, Coel will become part of Addtech and complement its existing operations within electric drive systems in the Material Processing business unit.
For the period ending December 31, 2024, Coel Motori Srl reported total revenue of €8 million.
Addtech AB (publ.) (OM:ADDT B) completed the acquisition of Coel Motori Srl on January 15, 2025. Reported Earnings • Oct 24
Second quarter 2025 earnings released: EPS: kr1.62 (vs kr1.61 in 2Q 2024) Second quarter 2025 results: EPS: kr1.62 (up from kr1.61 in 2Q 2024). Revenue: kr5.13b (up 5.1% from 2Q 2024). Net income: kr437.0m (flat on 2Q 2024). Profit margin: 8.5% (down from 8.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 24
Addtech AB (publ.) to Report Q1, 2026 Results on Jul 15, 2025 Addtech AB (publ.) announced that they will report Q1, 2026 results on Jul 15, 2025 Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Director Fredrik Börjesson was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 16
Upcoming dividend of kr2.80 per share Eligible shareholders must have bought the stock before 23 August 2024. Payment date: 29 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.2%). Declared Dividend • Jul 26
Dividend of kr2.80 announced Shareholders will receive a dividend of kr2.80. Ex-date: 23rd August 2024 Payment date: 29th August 2024 Dividend yield will be 9.8%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jul 13
Addtech AB (publ.) to Report Fiscal Year 2025 Results on May 15, 2025 Addtech AB (publ.) announced that they will report fiscal year 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €27.58, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.00 per share. Reported Earnings • Jul 05
Full year 2024 earnings released: EPS: kr6.05 (vs kr5.55 in FY 2023) Full year 2024 results: EPS: kr6.05 (up from kr5.55 in FY 2023). Revenue: kr20.0b (up 7.0% from FY 2023). Net income: kr1.63b (up 9.2% from FY 2023). Profit margin: 8.2% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 13
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 89% stake in C. Gunnarssons Verkstads Aktiebolag from the owners. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 89% stake in C. Gunnarssons Verkstads Aktiebolag from the owners on June 11, 2024. Current owners will remain as minority owners with 11% of the shares. C. Gunnarssons Verkstads Aktiebolag has 45 employees and an average annual turnover of approximately SEK 200 million. The acquisition is expected to have a marginally positive impact on Addtech's earnings per share during the current financial year. The transaction is expected to close at the beginning of July 2024. IMAP Sweden acted as sell-side financial advisor to the sellers throughout the process. Tillkännagivande • May 23
Addtech AB (Publ.) Announces Decline of Re-Election from Kenth Eriksson as Chairman Addtech AB (publ.) announced that the current Chairman Kenth Eriksson has declined re-election. Reported Earnings • May 17
Full year 2024 earnings released: EPS: kr6.05 (vs kr5.55 in FY 2023) Full year 2024 results: EPS: kr6.05 (up from kr5.55 in FY 2023). Revenue: kr20.0b (up 7.0% from FY 2023). Net income: kr1.63b (up 9.2% from FY 2023). Profit margin: 8.2% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 08
Addtech AB (publ.), Annual General Meeting, Aug 22, 2024 Addtech AB (publ.), Annual General Meeting, Aug 22, 2024, at 16:00 Central European Standard Time. Location: IVA, Grev Turegatan 16 Stockholm Sweden Reported Earnings • Feb 08
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr4.96b (up 6.6% from 3Q 2023). Net income: kr387.0m (up 3.5% from 3Q 2023). Profit margin: 7.8% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Trade Distributors industry in Europe. Tillkännagivande • Jan 18
Addtech AB (publ.) to Report Q1, 2025 Results on Jul 12, 2024 Addtech AB (publ.) announced that they will report Q1, 2025 results on Jul 12, 2024 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €17.05, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Trade Distributors industry in Europe. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.77 per share. Tillkännagivande • Nov 14
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 100 % in B V Teknik. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire 100 % in B V Teknik on November 13, 2023. The company has 24 employees and a turnover of approximately DKK 55 million. The closing will take place today. Tillkännagivande • Oct 27
Addtech AB (publ.) to Report Q1, 2025 Results on Dec 07, 2024 Addtech AB (publ.) announced that they will report Q1, 2025 results on Dec 07, 2024 Reported Earnings • Oct 27
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr4.88b (up 10% from 2Q 2023). Net income: kr434.0m (up 24% from 2Q 2023). Profit margin: 8.9% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Trade Distributors industry in Europe. Upcoming Dividend • Aug 17
Upcoming dividend of kr2.50 per share at 1.3% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 30 August 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.9%). Tillkännagivande • Jul 15
Addtech AB (publ.) to Report Fiscal Year 2024 Results on May 16, 2024 Addtech AB (publ.) announced that they will report fiscal year 2024 results on May 16, 2024 Reported Earnings • Jul 07
Full year 2023 earnings released: EPS: kr5.55 (vs kr3.99 in FY 2022) Full year 2023 results: EPS: kr5.55 (up from kr3.99 in FY 2022). Revenue: kr18.7b (up 33% from FY 2022). Net income: kr1.50b (up 39% from FY 2022). Profit margin: 8.0% (up from 7.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 26% per year. Tillkännagivande • Jun 27
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire S. Tygesen Energi A/S. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire S. Tygesen Energi A/S on June 26, 2023. For FY 2022, Tygesen had sales of approximately DKK 50 million and has 3 employees. The closing takes place today and is estimated to have a marginally positive impact on Addtech's earnings per share during the current financial year. Recent Insider Transactions • May 23
MD, President recently sold €529k worth of stock On the 19th of May, Niklas Stenberg sold around 27k shares on-market at roughly €19.61 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Niklas' only on-market trade for the last 12 months. Tillkännagivande • May 18
Addtech AB (Publ.) Proposes Dividend for the Full Year Ended March 31, 2023 The board of directors of Addtech AB (publ.) at its annual general meeting to be held on August 23, 2023, proposed dividend of SEK 2.50 per share (1.80 per share) for the full year ended March 31, 2023, which corresponds to a dividend payment of about SEK 674 million (SEK 485 million), which is in line with the company’s dividend policy with the objective of a dividend that exceeds 30% of average Group profit after tax over a business cycle. Tillkännagivande • May 06
Addtech AB (publ.) (OM:ADDT B) acquired Feritech Global Ltd. Addtech AB (publ.) (OM:ADDT B) acquired Feritech Global Ltd on May 5, 2023. Feritech Global Ltd had turnover of approximately £4.5 million. The acquisition is expected to have a marginally positive impact on Addtech's earnings per share during the current financial year.
Addtech AB (publ.) (OM:ADDT B) completed the acquisition of Feritech Global Ltd on May 5, 2023. Recent Insider Transactions • Feb 17
Insider recently sold €105k worth of stock On the 15th of February, Per Lundblad sold around 6k shares on-market at roughly €17.53 per share. This transaction amounted to 14% 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 €402k. Insiders have been net sellers, collectively disposing of €971k more than they bought in the last 12 months. Recent Insider Transactions • Feb 10
Insider recently sold €402k worth of stock On the 3rd of February, Martin Fassl sold around 25k shares on-market at roughly €16.10 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €866k more than they bought in the last 12 months. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: kr1.39 (vs kr0.98 in 3Q 2022) Third quarter 2023 results: EPS: kr1.39 (up from kr0.98 in 3Q 2022). Revenue: kr4.65b (up 30% from 3Q 2022). Net income: kr374.0m (up 41% from 3Q 2022). Profit margin: 8.0% (up from 7.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Dec 24
Addtech AB (publ.) (OM:ADDT B) entered into an agreement to acquire MCS Europe Group B.V. Addtech AB (publ.) (OM:ADDT B) entered into an agreement to acquire MCS Europe Group B.V. on December 22, 2022. MCS has annual sales of approximately €7 million. The acquisition will be completed in early January 2023. Reported Earnings • Oct 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr4.42b (up 36% from 2Q 2022). Net income: kr350.0m (up 38% from 2Q 2022). Profit margin: 7.9% (up from 7.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Trade Distributors industry in Europe. Tillkännagivande • Sep 28
Addtech AB (publ.) to Report Q1, 2024 Results on Jul 14, 2023 Addtech AB (publ.) announced that they will report Q1, 2024 results on Jul 14, 2023 Buying Opportunity • Sep 24
Now 21% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be €15.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 26% in the next 2 years. Upcoming Dividend • Aug 19
Upcoming dividend of kr1.80 per share Eligible shareholders must have bought the stock before 26 August 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.5%). Tillkännagivande • Aug 03
Addtech AB (publ.) (OM:ADDT B) acquired Allied Insulators Limited. Addtech AB (publ.) (OM:ADDT B) acquired Allied Insulators Limited on August 1, 2022. Allied Insulators had annual sales of approximately £6 million. The transaction is estimated to have a marginally positive effect on Addtech’s earnings per share during the current financial year.
Addtech AB (publ.) (OM:ADDT B) completed the acquisition of Allied Insulators Limited on August 1, 2022. Tillkännagivande • Jul 16
Addtech AB (publ.) to Report Fiscal Year 2023 Results on May 17, 2023 Addtech AB (publ.) announced that they will report fiscal year 2023 results on May 17, 2023 Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: kr3.99 (vs kr2.62 in FY 2021) Full year 2022 results: EPS: kr3.99 (up from kr2.62 in FY 2021). Revenue: kr14.0b (up 24% from FY 2021). Net income: kr1.07b (up 52% from FY 2021). Profit margin: 7.7% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €12.75, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 13x in the Trade Distributors industry in Europe. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.94 per share. Tillkännagivande • Jun 04
Addtech AB (publ.) (OM:ADDT B) acquired Industrias Arruti Sa. Addtech AB (publ.) (OM:ADDT B) acquired Industrias Arruti Sa on June 3, 2022. Arruti has annual sales of approximately €27 million.
Addtech AB (publ.) (OM:ADDT B) completed the acquisition of Industrias Arruti Sa on June 3, 2022. Tillkännagivande • May 19
Addtech AB (Publ.) Proposes A Dividend for the Year 2022 Addtech AB (publ.) announced that the Board of Directors proposed a dividend of SEK 1.80 (SEK 1.20) per share for the year ended March 31, 2022. Reported Earnings • May 18
Full year 2022 earnings released: EPS: kr3.99 (vs kr2.62 in FY 2021) Full year 2022 results: EPS: kr3.99 (up from kr2.62 in FY 2021). Revenue: kr14.0b (up 24% from FY 2021). Net income: kr1.07b (up 52% from FY 2021). Profit margin: 7.7% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 06
Addtech AB (publ.) (OM:ADDT B) acquired CK Environment. Addtech AB (publ.) (OM:ADDT B) acquired CK Environment on May 05, 2022. CK Environment had annual sales of approximately DKK 30 million. The transaction is estimated to have a marginally positive effect on Addtech’s earnings.
Addtech AB (publ.) (OM:ADDT B) completed it's acquisition of CK Environment on May 05, 2022. Tillkännagivande • Apr 01
Addtech AB (publ.) (OM:ADDT B) agreed to acquire 90% stake in Fey Elektronik Gmbh from Michael Witte. Addtech AB (publ.) (OM:ADDT B) agreed to acquire 90% stake in Fey Elektronik Gmbh from Michael Witte on March 31, 2022. The current owner and Managing Director of Fey, Michael Witte, will remain as minority shareholder with 10% of the shares in the Fey Elektronik. Fey Elektronik generated the annual sales of around €55 million. The closing will take place on the same day. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improved over the past week After last week's 15% share price gain to €16.80, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total returns to shareholders of 266% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.19 per share. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: kr0.98 (up from kr0.62 in 3Q 2021). Revenue: kr3.59b (up 25% from 3Q 2021). Net income: kr265.0m (up 58% from 3Q 2021). Profit margin: 7.4% (up from 5.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Over the next year, revenue is forecast to grow 11%, compared to a 8.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: kr0.98 (up from kr0.62 in 3Q 2021). Revenue: kr3.59b (up 25% from 3Q 2021). Net income: kr265.0m (up 58% from 3Q 2021). Profit margin: 7.4% (up from 5.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.4%. Over the next year, revenue is forecast to grow 11%, compared to a 8.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €16.80, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 18x in the Trade Distributors industry in Europe. Total returns to shareholders of 336% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.71 per share. Recent Insider Transactions • Nov 11
Independent Chairman of Board recently bought €102k worth of stock On the 4th of November, Kenth Eriksson bought around 5k shares on-market at roughly €21.18 per share. This was the largest purchase by an insider in the last 3 months. Kenth has been a buyer over the last 12 months, purchasing a net total of €211k worth in shares. Reported Earnings • Oct 29
Second quarter 2022 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: kr3.26b (up 20% from 2Q 2021). Net income: kr253.0m (up 44% from 2Q 2021). Profit margin: 7.8% (up from 6.5% in 2Q 2021). The increase in margin was driven by higher revenue. Recent Insider Transactions • Sep 22
Insider recently sold €693k worth of stock On the 16th of September, Martin Fassl sold around 40k shares on-market at roughly €17.33 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Executive Departure • Aug 27
Independent Director Eva Elmstedt has left the company On the 26th of August, Eva Elmstedt's tenure as Independent Director ended. As of June 2021, Eva still personally held 84.76k shares (€1.2m worth at the time). A total of 3 executives have left over the last 12 months. Upcoming Dividend • Aug 20
Upcoming dividend of kr1.20 per share Eligible shareholders must have bought the stock before 27 August 2021. Payment date: 02 September 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (1.2%). Recent Insider Transactions • Aug 08
Chairman of the Board recently sold €509k worth of stock On the 4th of August, Johan Sjo sold around 28k shares on-market at roughly €18.15 per share. This was the largest sale by an insider in the last 3 months. Johan has been a seller over the last 12 months, reducing personal holdings by €842k. Reported Earnings • Jul 16
Full year 2021 earnings released: EPS kr2.62 (vs kr3.21 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: kr11.3b (down 3.4% from FY 2020). Net income: kr706.0m (down 18% from FY 2020). Profit margin: 6.2% (down from 7.3% in FY 2020). The decrease in margin was driven by lower revenue. Tillkännagivande • Jun 23
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Ek Power Solutions Ab. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Ek Power Solutions Ab on June 21, 2021. Ek Power has approximately SEK 40 million in sales. The transaction is expected to close during July and the acquisition is estimated to have a marginally positive effect on Addtech’s earnings per share during the current financial year. Recent Insider Transactions • Jun 16
Insider recently bought €48k worth of stock On the 7th of June, Hans Andersén bought around 4k shares on-market at roughly €13.70 per share. In the last 3 months, there was an even bigger purchase from another insider worth €109k. Despite this recent purchase, insiders have collectively sold €484k more in shares than they bought in the last 12 months. Recent Insider Transactions • Jun 13
Insider recently bought €48k worth of stock On the 7th of June, Hans Andersén bought around 4k shares on-market at roughly €13.70 per share. In the last 3 months, there was an even bigger purchase from another insider worth €109k. Despite this recent purchase, insiders have collectively sold €484k more in shares than they bought in the last 12 months. Recent Insider Transactions • Jun 12
Insider recently bought €48k worth of stock On the 7th of June, Hans Andersén bought around 4k shares on-market at roughly €13.70 per share. In the last 3 months, there was an even bigger purchase from another insider worth €109k. Despite this recent purchase, insiders have collectively sold €484k more in shares than they bought in the last 12 months. Recent Insider Transactions • Jun 04
Insider recently sold €305k worth of stock On the 31st of May, Claus Nielsen sold around 22k shares on-market at roughly €13.68 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €532k more than they bought in the last 12 months. Recent Insider Transactions • May 25
Independent Director recently sold €109k worth of stock On the 20th of May, Kenth Eriksson sold around 8k shares on-market at roughly €13.24 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €300k more than they bought in the last 12 months. Recent Insider Transactions • May 21
Business Area Manager Power Solutions recently bought €9.5k worth of stock On the 19th of May, Per Lundblad bought around 725 shares on-market at roughly €13.16 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €300k more in shares than they bought in the last 12 months. Tillkännagivande • May 19
Addtech AB (Publ.) Proposes Dividend Addtech AB (publ.)'s Board of Directors to company's AGM held on August 26, 2021 proposed dividend of SEK 1.20 (SEK 1.00) per share, which corresponds to a dividend payment of about SEK 323 million (SEK 269 million), which is in line with company's dividend policy with the objective of a dividend that exceeds 30% of average Group profit after tax over a business cycle. Reported Earnings • May 19
Full year 2021 earnings released: EPS kr2.62 (vs kr3.21 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: kr11.3b (down 3.4% from FY 2020). Net income: kr706.0m (down 18% from FY 2020). Profit margin: 6.2% (down from 7.3% in FY 2020). The decrease in margin was driven by lower revenue. Tillkännagivande • Mar 19
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Esi Controls Limited. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Esi Controls Limited on March 17, 2021. The transaction is expected to close in the month of April. Tillkännagivande • Mar 11
Addtech AB (Publ.) Announces Executive Changes Addtech AB (publ.) announced that current Chairman Johan Sjö has declined re-election. Kenth Eriksson has solid experience of the company, which will ensure continuity of the Board's work. Tillkännagivande • Feb 05
Addtech AB (Publ.) Announces Short Term Layoffs Addtech AB (publ.) announced that at the end of the third quarter, approximately 240 of the Group's total approximately 3,100 employees have been notified of redundancy and a further 200 employees are affected by short-term lay-offs. Tillkännagivande • Jan 23
Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Impact Air Systems Limited and Impact Technical Services Ltd. Addtech AB (publ.) (OM:ADDT B) signed an agreement to acquire Impact Air Systems Limited and Impact Technical Services Ltd on January 21, 2021. Is New 90 Day High Low • Jan 12
New 90-day high: €12.40 The company is up 3.0% from its price of €11.99 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.23 per share. 
