Latest news with #Fortnox
Yahoo
09-04-2025
- Business
- Yahoo
European Insider Favorites For High Growth In April 2025
As European markets grapple with the steepest declines in five years, sparked by unexpected U.S. tariff hikes, investors are increasingly focused on navigating the heightened economic uncertainty. In such a volatile environment, stocks with high insider ownership can be appealing as they often indicate confidence from those closest to the company's operations and strategy. Name Insider Ownership Earnings Growth Pharma Mar (BME:PHM) 11.8% 40.8% Vow (OB:VOW) 13.1% 111.2% Bergen Carbon Solutions (OB:BCS) 12% 50.8% Elicera Therapeutics (OM:ELIC) 28.3% 97.2% Lokotech Group (OB:LOKO) 13.9% 58.1% Nordic Halibut (OB:NOHAL) 29.8% 56.3% CD Projekt (WSE:CDR) 29.7% 37.4% Elliptic Laboratories (OB:ELABS) 22.6% 88.2% Ortoma (OM:ORT B) 27.7% 68.6% Circus (XTRA:CA1) 26% 51.4% Click here to see the full list of 228 stocks from our Fast Growing European Companies With High Insider Ownership screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Intercos S.p.A. and its subsidiaries engage in the creation, production, and marketing of cosmetics and skincare products globally, with a market cap of approximately €1.22 billion. Operations: The company's revenue is primarily derived from its Make up Line at €619.84 million, Skin Care Line at €167.09 million, and Hair & Body Line at €277.98 million. Insider Ownership: 32.2% Earnings Growth Forecast: 20.5% p.a. Intercos is poised for robust growth, with earnings projected to increase by 20.5% annually, outpacing the Italian market's 7.6%. Revenue growth at 6.4% also exceeds the market average of 4.1%. Despite no recent insider trading activity, analysts expect a significant stock price rise of 40.6%. Recent financials show sales reaching €1.06 billion with a net income dip to €48.8 million from €52.4 million, alongside an announced dividend of €0.1972 per share. Navigate through the intricacies of Intercos with our comprehensive analyst estimates report here. Insights from our recent valuation report point to the potential overvaluation of Intercos shares in the market. Simply Wall St Growth Rating: ★★★★★☆ Overview: Fortnox AB (publ) offers smart technical products, services, and integrations for financial and administrative applications targeting small and medium-sized businesses, accounting firms, and organizations in Sweden, with a market cap of SEK52.46 billion. Operations: Fortnox generates revenue primarily from its business segment, amounting to SEK2.09 billion. Insider Ownership: 39.8% Earnings Growth Forecast: 21.3% p.a. Fortnox exhibits strong growth potential, with earnings forecasted to rise significantly at 21.3% annually, surpassing the Swedish market's 9.3%. Revenue is expected to grow at 17.7%, faster than the market average of 0.7%. Recent insider activities show more purchases than sales, though not in large volumes. A proposed acquisition by First Kraft and EQT offers a premium of 38% over recent share prices, reflecting confidence in Fortnox's future prospects despite high share price volatility recently observed. Delve into the full analysis future growth report here for a deeper understanding of Fortnox. Our valuation report unveils the possibility Fortnox's shares may be trading at a premium. Simply Wall St Growth Rating: ★★★★★★ Overview: CD Projekt S.A., along with its subsidiaries, focuses on developing, publishing, and digitally distributing video games for PCs and consoles in Poland, with a market cap of PLN21.40 billion. Operations: The company's revenue is primarily derived from CD PROJEKT RED, contributing PLN801.64 million, and which adds PLN199.34 million. Insider Ownership: 29.7% Earnings Growth Forecast: 37.4% p.a. CD Projekt demonstrates significant growth potential, with earnings expected to rise 37.4% annually, outpacing the Polish market's 12.8%. Revenue is also forecasted to grow robustly at 33.8%, exceeding both the market average and a high growth benchmark of 20%. Despite recent revenue decline to PLN 985.03 million in 2024 from PLN 1,230.2 million in the previous year, its valuation remains attractive at a substantial discount compared to its fair value estimate. Dive into the specifics of CD Projekt here with our thorough growth forecast report. The analysis detailed in our CD Projekt valuation report hints at an inflated share price compared to its estimated value. Access the full spectrum of 228 Fast Growing European Companies With High Insider Ownership by clicking on this link. Seeking Other Investments? Uncover the next big thing with financially sound penny stocks that balance risk and reward. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include BIT:ICOS OM:FNOX and WSE:CDR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Wall Street Journal
31-03-2025
- Business
- Wall Street Journal
EQT Consortium Makes Bid for Fortnox, Valuing it at $5.5 Billion
STOCKHOLM–Swedish buyout group EQT and investor First Kraft offered to buy Fortnox in a deal that values the cloud-based accounting software developer at around $5.5 billion. First Kraft currently owns 18.9% of Fortnox and will contribute the shares to a consortium it has formed with EQT, as they jointly bid to buy the remaining shares in the company.
Yahoo
31-03-2025
- Business
- Yahoo
EQT Consortium Makes $4.5 Billion Offer for Sweden's Fortnox
(Bloomberg) -- A consortium including funds managed by EQT AB offered to take Swedish financial services firm Fortnox AB private in a deal valued at 44.5 billion kronor ($4.5 billion). Gold-Rush Fever Returns to Historic New Zealand Mining Town What Frank Lloyd Wright Learned From the Desert Bank Regulators Fight for Desks as OCC Returns to New York Tower These US Bridges Face High Risk of Catastrophic Ship Strikes Charter Schools, Colleges Push Muni Debt Distress Near Record The offer price for Fortnox, which provides companies with cloud-based products such as payroll and accounting services, equates to 90 kronor per share in cash, representing a 38% premium compared to the group's closing price on March 28, according to a statement on Monday. 'Fortnox has done a great job expanding but the company is at a critical point where it needs to further invest for the long term,' EQT Partner Christian Andersen said by phone. The bidding consortium jointly comprises First Kraft AB, which is wholly owned by Olof Hallrup, the largest shareholder in Fortnox and the company's chairman. The two entities said they have agreed to cooperate on an exclusive basis and that First Kraft won't accept any competing offer. The board of directors of Fortnox unanimously recommended that the shareholders of the company accept the offer by EQT and First Kraft. With this transaction, EQT X is expected to be 50% to 55% invested, according to the statement. The fund closed at €22 billion approximately 12 months ago, making it the Swedish private equity firm's largest ever. Speaking about the fund's strategy, Andersen noted that 'Fortnox fits all three sweet spots in terms of it being the home market of Sweden, the tech sector and the amount of capital invested.' (Updates with interview comments.) Trump's IRS Cuts Are Tempting Taxpayers to Cheat Google Is Searching for an Answer to ChatGPT Israel Aims to Be the World's Arms Dealer Business Schools Are Back How a US Maker of Rat-Proof Trash Bins Got Boxed in by Trump's Tariffs ©2025 Bloomberg L.P. Sign in to access your portfolio
Bloomberg
31-03-2025
- Business
- Bloomberg
EQT Consortium Offers to Purchase Fortnox for $4.5 Billion
A consortium including a fund managed by EQT AB has offered to buy Swedish financial services firm Fortnox AB in a deal valued at 44.5 billion kronor ($4.5 billion). The offer price for Fortnox, which provides companies with cloud-based products such as payroll and accounting services, equates to 90 kronor per share in cash, representing a 38% premium compared to the group's closing price on March 28, according to a statement on Monday.
