Adding value to brands

Nilörngruppen

Nilörn is one of Europe's leading label and branding companies in the fashion and apparel industry. The company adds value to trademarks through branding and design of labels, packaging etc. Nilörn delivers 1.5+ billion labels per year. In 2017 sales amounted to SEK 680m with an adjusted EBIT margin of 12.7%. The shares are listed on OMX Small Cap since 2018.

Financials

NILÖRNGRUPPEN

SEKm 2017 2018 2019
Sales 680 733 804
Sales growth (%) 11,5 7,7 9,7
EBITDA 89 95 107
EBITDA margin (%) 13 13 13,3
EBIT adj 86 87 99
EBIT adj margin (%) 12,7 11,9 12,3
Pretax profit 82 86 98
EPS rep 5,7 5,8 6,67
EPS growth (%) 15,6 1,7 15
EPS adj 6,03 5,8 6,67
DPS 4 4,3 4,7
EV/EBITDA (x) 9,8 9,6 8,4
EV/EBIT adj (x) 10,1 10,4 9
P/E (x) 13,5 14 12,1
P/E adj (x) 12,8 14 12,1
EV/sales (x) 1,3 1,2 1,1
FCF yield (%) 4,9 5,4 7
Dividend yield (%) 5,2 5,3 5,8
Net IB debt/EBITDA -0,1 -0,2 -0,3