Declared Dividend • May 22
Dividend of kr.2.00 announced Dividend of kr.2.00 is the same as last year. Ex-date: 17th June 2026 Payment date: 19th June 2026 Dividend yield will be 2.0%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 98% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 20
Full year 2026 earnings released: EPS: kr.6.44 (vs kr.7.42 in FY 2025) Full year 2026 results: EPS: kr.6.44 (down from kr.7.42 in FY 2025). Revenue: kr.8.78b (up 4.7% from FY 2025). Net income: kr.243.0m (down 14% from FY 2025). Profit margin: 2.8% (down from 3.4% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year. Duyuru • Jan 09
Matas A/S Revises Group Earnings Guidance for the Financial Year 2025/26 Matas A/S revised group earnings guidance for the financial year 2025/26. For the year, the group revenue is now expected to grow between 3% and 4% as compared to 3% and 7% previously. Duyuru • Jun 23
Matas A/S (CPSE:MATAS) commences an Equity Buyback Plan, under the authorization approved on June 16, 2025. Matas A/S (CPSE:MATAS) commences share repurchases on June 17, 2025, under the program mandated by the shareholders in the Annual General Meeting held on June 16, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital, such that the company’s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital. The purchase price must not deviate by more than 10% from the price quoted on NASDAQ OMX Copenhagen at the time of purchase. The share repurchase program is valid until the next Annual General Meeting in 2026. As of May 23, 2025, the company had 38,291,492 shares in issue.
On June 16, 2025, the company announced a share buyback program. Under the program, company will repurchase up to 1,400,000 shares, for DKK 140 million. The purpose of program is reducing the Company’s share capital and meeting obligations under long-term incentive program. The Program will run in the period from June 17, 2025 until and including March 31, 2026. Duyuru • Apr 26
Matas A/S, Annual General Meeting, Jun 16, 2025 Matas A/S, Annual General Meeting, Jun 16, 2025. Duyuru • Jan 07
Matas A/S Updates Earnings Guidance for the Financial Year 2024/25 Matas A/S updated earnings guidance for the financial year 2024/25. Matas Group updated its guidance for the financial year 2024/25 as follows: Group revenue is now expected to grow between 6.5% and 7.5% (from 5% and 7%) currency neutral, corresponding to ~6.3% to 7.3% exchange rate adjusted1 (previously ~4.6% to 6.6%), from the proforma revenue for 2023/24 of DKK 7.8 billion. Duyuru • Oct 24
Matas A/S ALMINDELIG AKTIE to Be Deleted from OTC Equity Matas A/S ALMINDELIG AKTIE (Denmark) will be deleted from OTC Equity effective October 23, 2024, due to Inactive Security. Duyuru • Jan 09
Matas A/S Provides Revised Earnings Guidance for the Year 2024 Matas A/S provided revised earnings guidance for the year 2024. Group total revenue is now expected in the range of DKK 6,650 million to DKK 6,750 million (previously DKK 6,400 million to DKK 6,600 million). Duyuru • Nov 11
Matas A/S Maintains Earnings Guidance for the Financial Year 2024 Matas A/S maintained earnings guidance for the financial year 2024. The company maintains its guidance for the financial year 2023/24 to revenue in the range of DKK 6,400 million - DKK 6,600 million. Duyuru • Sep 01
Matas A/S (CPSE:MATAS) completed the acquisition of Kicks AB from Axel Johnson AB. Matas A/S (CPSE:MATAS) signed an agreement to acquire Kicks AB from Axel Johnson AB for SEK 1.1 billion on June 29, 2023. The consideration will be satisfied with cash. Transaction will be fully debt financed. The transaction is expected to close in Q3 of the calendar year 2023 and is not subject to any regulatory approvals. FIH Partners is acting as financial advisor to Matas and Gorrissen Federspiel is acting as legal advisor to Matas on the transaction.
Matas A/S (CPSE:MATAS) completed the acquisition of Kicks AB from Axel Johnson AB on August 31, 2023. Duyuru • Aug 17
Matas A/S Upgrades Earnings Guidance for the Financial Year 2023/24 Matas A/S upgraded earnings guidance for the financial year 2023/24. For the year, the company revenue growth is now expected to be in the range of 4%-7% (previously 3%-6%). Duyuru • Jun 07
Matas A/S Announces Lars Jensen Has Notifies the Board of Directors That He Will Not Stand for Re-Election as Director Matas A/S at its Annual General Meeting to be held on 29 June 2023, Lars Jensen has notified the Board of Directors that he will not stand for re-election due to his commitments as CEO. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: kr.7.41 (vs kr.7.27 in FY 2022) Full year 2023 results: EPS: kr.7.41 (up from kr.7.27 in FY 2022). Revenue: kr.4.49b (up 3.3% from FY 2022). Net income: kr.280.7m (up 1.5% from FY 2022). Profit margin: 6.3% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Duyuru • Jan 05
Matas A/S Revises Revenue Guidance for the Financial Year 2022/23 Matas A/S revised revenue guidance for the financial year 2022/23. For the year, the company narrows its guidance for the financial year 2022/23 and now expects revenue growth between 1% and 3%, previously between 1% and 4%. Upcoming Dividend • Jun 23
Upcoming dividend of kr.2.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.2%). Lower than average of industry peers (3.2%). Reported Earnings • Feb 12
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: kr.3.87 (down from kr.4.04 in 3Q 2021). Revenue: kr.1.38b (up 5.0% from 3Q 2021). Net income: kr.146.7m (down 5.0% from 3Q 2021). Profit margin: 11% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 2.3%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Jul 13
Independent Director Signe Hilstrøm has left the company On the 30th of June, Signe Hilstrøm's tenure as Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Signe's name. Signe is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.67 years. Upcoming Dividend • Jun 24
Upcoming dividend of kr.2.00 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 02 July 2021. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.5%). Reported Earnings • Jun 02
Full year 2021 earnings released: EPS kr.7.03 (vs kr.5.01 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: kr.4.16b (up 13% from FY 2020). Net income: kr.269.0m (up 41% from FY 2020). Profit margin: 6.5% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue. Like-for-like sales growth: 13.5% vs FY 2020 Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Reported Earnings • May 28
Full year 2021 earnings released: EPS kr.7.04 (vs kr.5.01 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: kr.4.16b (up 13% from FY 2020). Net income: kr.269.0m (up 41% from FY 2020). Profit margin: 6.5% (up from 5.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Reported Earnings • Feb 26
Third quarter 2021 earnings released: EPS kr.4.04 (vs kr.3.08 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr.1.31b (up 12% from 3Q 2020). Net income: kr.154.5m (up 31% from 3Q 2020). Profit margin: 12% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue beats expectations Revenue exceeded analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 1.5%, compared to a 5.6% growth forecast for the Specialty Retail industry in the United Kingdom. Is New 90 Day High Low • Feb 01
New 90-day low: kr.74.70 The company is down 1.0% from its price of kr.75.80 on 03 November 2020. The British market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.127 per share. Is New 90 Day High Low • Dec 18
New 90-day high: kr.84.70 The company is up 19% from its price of kr.71.00 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 Specialty Retail industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.140 per share.