Technology trading group

Addtech

Addtech is a technology trading group that provides technological and economic value added between manufacturers and customers. The business consists of 130+ independent companies that sell high-tech products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure, and half of sales consists of customized products and solutions. Addtech strives to be market-leading and active in carefully selected niches with high levels of knowledge and technology. The company conducts a very active acquisition strategy with decentralized area of responsibility. The share is listed on Nasdaq Stockholm since 2001.

Financials

Addtech

SEKm 2017 2018 2019
Sales 7178 8022 9583
Sales growth (%) 16,6 11,8 19,5
EBITDA 755 882 1065
EBITDA margin (%) 10,5 11 11,1
EBIT adj 604 689 858
EBIT adj margin (%) 8,4 8,6 9
Pretax profit 580 665 816
EPS rep 30,98 7,65 9,42
EPS growth (%) 432,1 -75,3 23,1
EPS adj 7,85 9,09 11,3
DPS 3,5 4 4,3
EV/EBITDA (x) 14,6 14,4 12,8
EV/EBIT adj (x) 18,2 18,5 15,9
P/E (x) 4,8 22 19,1
P/E adj (x) 18,9 18,5 15,9
EV/sales (x) 1,5 1,6 1,4
FCF yield (%) 1,6 0,2 1,1
Dividend yield (%) 2,4 2,4 2,4
Net IB debt/EBITDA 1,3 1,6 1,4

Company news

ADDTECH

Aktierelaterat incitamentsprogram

24 September 2018

Addtech AB återköp av egna aktier

19 September 2018

Addtech förvärvar Nordautomation Oy

11 September 2018

Main shareholders

Addtech

Main shareholders Share capital % Voting shares %
Anders Börjesson & Tisenhult-Gruppen 2.3 % 15.5 %
Swedbank Robur Fonder 9.2 % 6.5 %
SEB Fonder 8.0 % 5.6 %
Lannebo Fonder 7.5 % 5.3 %
Fidelity 6.0 % 4.2 %
ODIN Fonder 5.0 % 3.5 %
Livförsäkringsbolaget Skandia 3.9 % 2.7 %
Mawer Investment Management 3.0 % 2.1 %
Handelsbanken Fonder 2.9 % 2.0 %
Sandrew Aktiebolag 2.6 % 1.9 %