For a healthier living

Midsona

Midsona develops, manufactures and markets products within health and wellness. The group has around 385 employees. Its operations are conducted through four geographical business segments: Sweden, Denmark, Norway and Finland. The company has played an active role in recent years' market consolidation in Scandinavia and is now eyeing further market possibilities/consolidation in the rest of Europe.

Financials

MIDSONA

SEKm 2017 2018 2019
Sales 2146 2858 3031
Sales growth (%) 23,1 33,2 6,1
EBITDA 148 223 316
EBITDA margin (%) 6,9 7,8 10,4
EBIT adj 134 183 258
EBIT adj margin (%) 6,2 6,4 8,5
Pretax profit 91 150 230
EPS rep 1,41 2,54 3,86
EPS growth (%) 235,1 79,5 52,1
EPS adj 1,89 2,77 3,86
DPS 1,25 1,5 1,7
EV/EBITDA (x) 22 18,4 12,5
EV/EBIT adj (x) 24,3 22,3 15,3
P/E (x) 41,4 24,1 15,9
P/E adj (x) 31 22,1 15,9
EV/sales (x) 1,5 1,4 1,3
FCF yield (%) 2,3 -9,3 7,7
Dividend yield (%) 2,1 2,4 2,8
Net IB debt/EBITDA 4,4 5,5 3,4

Main shareholders

Midsona

Main shareholders Share capital % Voting shares %
Stena 23.6 % 28.2 %
Handelsbanken Fonder 8.5 % 7.7 %
Andra AP-fonden 5.0 % 4.6 %
La Financière de l'Echiquier 4.8 % 4.4 %
Nordea Fonder 4.6 % 4.2 %
Cliens Fonder 4.0 % 3.6 %
Bengt Julander 3.7 % 3.4 %
Peter Wahlberg 3.2 % 2.9 %
Oppenheimer 2.2 % 2.0 %
Danica Pension 1.9 % 1.7 %