Tools and work clothes for professionals

Swedol

Swedol operates through c.95 stores and an omni-channel concept where all sales channels work together to create a unique Swedol experience. This setup is challenging larger companies within the professional segment. Swedol offers a broad range of products that combines quality and value and includes both external brands and strong private labels. The group consists of c.50% workwear and personal protection and c.50% tools and supplies.

Financials

Swedol

SEKm 2017 2018 2019
Sales 3067 3242 3401
Sales growth (%) 29,3 5,7 4,9
EBITDA 332 378 413
EBITDA margin (%) 10,8 11,7 12,1
EBIT adj 292 320 349
EBIT adj margin (%) 9,5 9,9 10,3
Pretax profit 270 309 343
EPS rep 2,49 2,88 3,19
EPS growth (%) 63,2 15,6 10,9
EPS adj 2,72 3,01 3,28
DPS 0,94 1,11 1,3
EV/EBITDA (x) 8,3 7,6 6,5
EV/EBIT adj (x) 9,4 9 7,7
P/E (x) 11,7 11,5 10,3
P/E adj (x) 10,7 10,9 10,1
EV/sales (x) 0,9 0,9 0,8
FCF yield (%) 7,9 9,6 10,1
Dividend yield (%) 3,2 3,4 3,9
Net IB debt/EBITDA 1 0,4 -0,1