Leading partner for technical solutions

Christian Berner Tech Trade

Christian Berner is a technology trading company that provides high-quality components, systems and services with high technical content from leading suppliers to customers on the Nordic market. The company has a heritage from 1897 and was publicly listed on First North in 2014 and is since 2017 listed on Nasdaq OMX Small cap. Financial targets include revenue growth of >10% y-o-y, EBITA margin of 9% and ROE of 25%.

Financials

CHRISTIAN BERNER TECH TRADE

SEKm 2017 2018 2019
Sales 450 610 637
Sales growth (%) 4,8 35,7 4,4
EBITDA 25 54 62
EBITDA margin (%) 5,5 8,8 9,8
EBIT adj 24 52 56
EBIT adj margin (%) 5,4 8,6 8,7
Pretax profit 20 46 54
EPS rep 0,83 1,87 2,24
EPS growth (%) -15,6 124,3 19,7
EPS adj 1,14 2,19 2,35
DPS 0,5 0,6 0,7
EV/EBITDA (x) 10,2 9,5 7,8
EV/EBIT adj (x) 10,3 9,7 8,7
P/E (x) 19,8 12,7 10,6
P/E adj (x) 14,5 10,9 10,1
EV/sales (x) 0,6 0,8 0,8
FCF yield (%) 7 -22,7 8,2
Dividend yield (%) 3 2,5 2,9
Net IB debt/EBITDA -2 1,2 0,6