Leading in the electrical industry

GARO

GARO develops and manufactures innovative and solution-oriented products and systems for the electrical installations industry under its own brand. The product areas consist of electrical distribution, project business, temporary power and EV charging. GARO has a broad product assortment and is a market leader within several product areas. The corporate culture strives for common sense and willingness to move ahead, which is translated to the success factors to offer truly user-friendly solutions and continuing innovation.

Financials

GARO

SEKm 2017 2018 2019
Sales 796 881 920
Sales growth (%) 21 10,6 4,5
EBITDA 110 121 130
EBITDA margin (%) 13,9 13,8 14,2
EBIT adj 98 106 115
EBIT adj margin (%) 12,3 12,1 12,5
Pretax profit 96 101 113
EPS rep 8,56 7,88 8,8
EPS growth (%) 50,2 -8 11,7
EPS adj 8,56 7,88 8,8
DPS 4 4,5 5
EV/EBITDA (x) 16,4 13,8 12,6
EV/EBIT adj (x) 18,5 15,8 14,3
P/E (x) 20,5 20,8 18,6
P/E adj (x) 20,5 20,8 18,6
EV/sales (x) 2,3 1,9 1,8
FCF yield (%) -2,5 3,6 5,1
Dividend yield (%) 2,3 2,7 3
Net IB debt/EBITDA 0,5 0,3 0