Board Change • May 20
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. 5 experienced directors. 3 highly experienced directors. Independent Director Jens Hinrichsen 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. Tillkännagivande • Oct 24
Mycronic AB (publ) to Report Fiscal Year 2025 Final Results on Apr 01, 2026 Mycronic AB (publ) announced that they will report fiscal year 2025 final results at 9:00 AM, Central European Standard Time on Apr 01, 2026 Tillkännagivande • Jul 11
Mycronic AB (Publ) Provides Revenue Guidance for 2025 Mycronic AB (publ) provided revenue guidance for 2025. For the period, the company expects to revert to its original opinion regarding net sales for 2025 to be at a level of SEK 7.5 billion, from previously a level of SEK 7.0 to 7.5 billion. Tillkännagivande • Jun 04
Mycronic AB (publ) (OM:MYCR) acquired remaining 92.50% stake in Surfx Technologies LLC. Mycronic AB (publ) (OM:MYCR) acquired remaining 92.50% stake in Surfx Technologies LLC on June 3, 2025. Surfx will form a new business line within the Global Technologies division of Mycronic.
Mycronic AB (publ) (OM:MYCR) completed the acquisition of remaining 92.50% stake in Surfx Technologies LLC on June 3, 2025. Tillkännagivande • May 08
Mycronic AB (Publ) Approves Ordinary Dividend, Payable on May 14, 2025 Mycronic AB (publ) in its Annual General Meeting held on May 7, 2025 resolved in accordance with the Board of Directors' proposal, on a dividend of SEK 5.50 per share in ordinary dividend. The record date for receiving dividend was set to May 9, 2025, and the dividend is expected to be distributed on May 14, 2025. Tillkännagivande • Apr 08
Mycronic AB (publ) (OM:MYCR) acquired RoBAT Ltd. Mycronic AB (publ) (OM:MYCR) acquired RoBAT Ltd. on April 7, 2025.
For the period ending December 31, 2024, RoBAT Ltd. reported total revenue of £3 million.
Mycronic AB (publ) (OM:MYCR) completed the acquisition of RoBAT Ltd. on April 7, 2025. Tillkännagivande • Mar 14
Mycronic AB (publ) (OM:MYCR) acquired Hprobe SA from High-Tech Gründerfonds Management GmbH and others. Mycronic AB (publ) (OM:MYCR) acquired Hprobe SA from High-Tech Gründerfonds Management GmbH and others on March 13, 2025. As an early backer of Hprobe, HTGF, one of Europe’s leading seed investors, led a significant financing round in 2019 and has closely supported the successful development of the startup. As part of the transaction, HTGF has sold its stake. Hprobe is an innovative high-tech company, founded in 2017, with currently 14 employees. Net sales in 2024 amounted to €4 million. Hprobe will form a new business line within the Global Technologies division.
Mycronic AB (publ) (OM:MYCR) completed the acquisition of Hprobe SA from High-Tech Gründerfonds Management GmbH and others on March 13, 2025. Tillkännagivande • Feb 09
Mycronic AB (Publ) Proposes Extra Dividend, Payable on May 14, 2025 The Board of Directors of Mycronic AB (publ) proposed an extra dividend of SEK 2.00 per share. The record date for entitlement to the dividend is proposed as May 9, 2025. Provided the Meeting resolves in favor of the dividend proposal, the dividend will be paid on May 14, 2025. Tillkännagivande • Feb 07
Mycronic AB (publ), Annual General Meeting, May 07, 2025 Mycronic AB (publ), Annual General Meeting, May 07, 2025. Tillkännagivande • Oct 24
Mycronic AB (Publ) Reaffirms Sales Guidance for the Year 2024 Mycronic AB (publ) reaffirmed sales guidance for the year 2024. The board of directors' opinion remains that net sales for 2024 will be at a level of SEK 6.5 billion. Tillkännagivande • Oct 17
Mycronic AB (publ) (OM:MYCR) acquired Modus High Tech Electronics GmbH. Mycronic AB (publ) (OM:MYCR) acquired Modus High Tech Electronics GmbH on October 17, 2024.
For the period ending December 31, 2023, Modus High Tech Electronics GmbH reported total revenue of €4 million.
Mycronic AB (publ) (OM:MYCR) completed the acquisition of Modus High Tech Electronics GmbH on October 17, 2024. Tillkännagivande • Sep 13
Mycronic AB (publ) Appoints Nomination Committee Mycronic AB (publ) announced the Nomination Committee for Mycronic's 2025 Annual General Meeting has been appointed in accordance with the instructions for the Nomination Committee as decided by the 2024 Annual General Meeting. The Nomination Committee comprises: Henrik Blomquist, Bure Equity; Patrik Jönsson, SEB Funds; Thomas Ehlin, The Fourth Swedish National Pension Fund; Patrik Tigerschiöld, Chairman. Tillkännagivande • May 10
Mycronic AB (publ) to Report Q1, 2025 Results on Apr 25, 2025 Mycronic AB (publ) announced that they will report Q1, 2025 results on Apr 25, 2025 Tillkännagivande • May 09
Mycronic AB (Publ) Approves Dividend, Payable on May 16, 2024 The Annual General Meeting of Mycronic AB (publ) was held on May 8, 2024. The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, on an ordinary dividend of SEK 4.50 per share. The record date for receiving dividend was set to May 13, 2024, and thedividend is expected to be distributed on May 16, 2024. Tillkännagivande • Apr 19
Mycronic AB (publ) Provides Sales Guidance for the Full Year 2024 Mycronic AB (publ) provided sales guidance for the full year 2024. The Board of Directors' opinion remains that consolidated net sales for 2024 will be at a level of SEK 6.25 billion. Tillkännagivande • Apr 16
Mycronic AB (Publ) Launches Two New Products Mycronic AB (publ) launched two new products: The Prexision 8000 Evo, a next generation display mask writer that meets the highest performance requirements for display photomasks and the MMX, a cost-effective metrology system for measuring semiconductor photomasks. The Prexision 8 Evo is Mycronic's most advanced mask writer for displays to date. It improves the resolution by 10% compared to the Prexision 800 Evo, while maintaining writing speed. The price range for the Prexision 8000 Evo in a standard configuration is USD 40-45 million. The MMX is a new system for measuring the position of the written pattern, thereby ensuring the quality of the produced semiconductor photomask. The MMX is based on the SLX mask writer platform and Mycronic's existing Prexision-MMS metrology system for display photomasks. The price range for the MMX is USD 2-4 million and the total market is estimated to be two to four systems per year. Tillkännagivande • Mar 21
Ivan Li Leaves Mycronic's Executive Management Mycronic AB (publ) announced as a result of the preparations ahead of a possible listing of Axxon on a stock exchange in China, effective March 19, 2024, Ivan Li leaves Mycronic's executive management but remains as Head of Axxon, the core of Mycronic´s High Volume division. The company has previously announced that the Board has decided to investigate the possibility of listing Axxon, the core of the High Volume division, on a stock exchange in China and floating a minority stake. Through this, Axxon would further strengthen its brand and market leadership position. By being more independent and having the means for fast expansion, the best possible conditions for Axxon are created to realize its success and full potential. However, the regulations stipulate that in such a situation, Ivan Li cannot be a member of Mycronic's executive management. Reported Earnings • Oct 23
Third quarter 2023 earnings released: EPS: kr2.10 (vs kr1.56 in 3Q 2022) Third quarter 2023 results: EPS: kr2.10 (up from kr1.56 in 3Q 2022). Revenue: kr1.27b (up 4.9% from 3Q 2022). Net income: kr205.0m (up 35% from 3Q 2022). Profit margin: 16% (up from 13% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Tillkännagivande • Oct 19
Mycronic AB (Publ) Provides Sales Guidance for the Year 2023 Mycronic AB (publ) provided sales guidance for the year 2023. The Board of Directors' opinion remains that net sales for 2023 will be at a level of SEK 5.5 billion. Tillkännagivande • Sep 21
Mycronic Appoints Nomination Committee The Nomination Committee for Mycronic’s 2024 Annual General Meeting has been appointed in accordance with the instructions for the Nomination Committee as decided by the 2023 Annual General Meeting. The Nomination Committee comprises: Henrik Blomquist, Bure Equity. Patrik Jönsson, SEB Funds. Thomas Ehlin, The Fourth Swedish National Pension Fund. Patrik Tigerschiöld, Chairman. Reported Earnings • Jul 19
Second quarter 2023 earnings released: EPS: kr1.37 (vs kr1.79 in 2Q 2022) Second quarter 2023 results: EPS: kr1.37 (down from kr1.79 in 2Q 2022). Revenue: kr1.25b (down 2.2% from 2Q 2022). Net income: kr134.0m (down 23% from 2Q 2022). Profit margin: 11% (down from 14% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 14
Mycronic AB (Publ) Provides Sales Guidance for the Year 2023 Mycronic AB (publ) provided sales guidance for the year 2023. For the period, company expects net sales to be at a level of SEK 5.5 billion. Tillkännagivande • May 10
Mycronic AB (publ) Approves Ordinary Dividend, Payable on May 16, 2023 Mycronic AB (publ) at its Annual General Meeting held on May 9, 2023, approved an ordinary dividend of SEK 3.50 per share. The record date for receiving dividend was set to May 11, 2023, and the dividend is expected to be distributed on May 16, 2023. Upcoming Dividend • May 03
Upcoming dividend of kr3.50 per share at 1.7% yield Eligible shareholders must have bought the stock before 10 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.4%). Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: kr1.53 (vs kr1.69 in 1Q 2022) First quarter 2023 results: EPS: kr1.53 (down from kr1.69 in 1Q 2022). Revenue: kr1.22b (up 7.4% from 1Q 2022). Net income: kr149.0m (down 9.7% from 1Q 2022). Profit margin: 12% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: kr7.59 (vs kr8.48 in FY 2021) Full year 2022 results: EPS: kr7.59 (down from kr8.48 in FY 2021). Revenue: kr5.12b (up 10% from FY 2021). Net income: kr741.0m (down 11% from FY 2021). Profit margin: 14% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: kr7.59 (vs kr8.48 in FY 2021) Full year 2022 results: EPS: kr7.59 (down from kr8.48 in FY 2021). Revenue: kr5.12b (up 10% from FY 2021). Net income: kr741.0m (down 11% from FY 2021). Profit margin: 14% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 31% share price gain to kr178, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total returns to shareholders of 16% over the past three years. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: kr1.56 (vs kr0.82 in 3Q 2021) Third quarter 2022 results: EPS: kr1.56 (up from kr0.82 in 3Q 2021). Revenue: kr1.21b (up 23% from 3Q 2021). Net income: kr152.0m (up 90% from 3Q 2021). Profit margin: 13% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Recent Insider Transactions • Feb 13
Independent Director recently bought kr561k worth of stock On the 11th of February, Robert Larsson bought around 3k shares on-market at roughly kr187 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.5m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 10
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr8.48 (up from kr7.10 in FY 2020). Revenue: kr4.64b (up 19% from FY 2020). Net income: kr828.0m (up 19% from FY 2020). Profit margin: 18% (in line with FY 2020). Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 9.9%, compared to a 6.3% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr204, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 30x in the Electronic industry in the United Kingdom. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr363 per share. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS kr0.82 (vs kr2.71 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr986.0m (down 7.7% from 3Q 2020). Net income: kr80.0m (down 70% from 3Q 2020). Profit margin: 8.1% (down from 25% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Recent Insider Transactions • Oct 27
President & CEO recently bought kr1.0m worth of stock On the 22nd of October, Anders Lindqvist bought around 5k shares on-market at roughly kr198 per share. This was the largest purchase by an insider in the last 3 months. This was Anders' only on-market trade for the last 12 months. Executive Departure • May 13
Employee Representative Director has left the company On the 6th of May, Johan Densjo's tenure as Employee Representative Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Johan's name. A total of 3 executives have left over the last 12 months. Executive Departure • May 13
Employee Representative Director has left the company On the 6th of May, Jörgen Lundberg's tenure as Employee Representative Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Jörgen's name. A total of 3 executives have left over the last 12 months. Upcoming Dividend • Apr 29
Upcoming dividend of kr3.00 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 12 May 2021. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.0%). Reported Earnings • Apr 11
Full year 2020 earnings released: EPS kr7.10 (vs kr8.73 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.88b (down 9.9% from FY 2019). Net income: kr694.0m (down 19% from FY 2019). Profit margin: 18% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 20
Chief Financial Officer recently bought kr114k worth of stock On the 16th of February, Torbjörn Wingårdh bought around 500 shares on-market at roughly kr227 per share. This was the largest purchase by an insider in the last 3 months. This was Torbjörn's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 18
Chief Financial Officer recently bought kr114k worth of stock On the 16th of February, Torbjörn Wingårdh bought around 500 shares on-market at roughly kr227 per share. This was the largest purchase by an insider in the last 3 months. This was Torbjörn's only on-market trade for the last 12 months. Reported Earnings • Feb 12
Full year 2020 earnings released: EPS kr7.10 (vs kr8.73 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr3.88b (down 9.9% from FY 2019). Net income: kr694.0m (down 19% from FY 2019). Profit margin: 18% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue misses expectations Revenue missed analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 8.8%, compared to a 4.5% growth forecast for the Electronic industry in the United Kingdom. Is New 90 Day High Low • Jan 06
New 90-day high: kr252 The company is up 26% from its price of kr201 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr162 per share. Is New 90 Day High Low • Dec 18
New 90-day high: kr243 The company is up 23% from its price of kr198 on 18 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr162 per share. Is New 90 Day High Low • Dec 02
New 90-day high: kr228 The company is up 17% from its price of kr195 on 03 September 2020. The British market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr143 per share.