Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Third party research

Svedbergs Group: Feedback from ABGSC Investor Days - ABG

Svedbergs Group

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
Markets have started turning better
Truly decentralised with strong M&A track record
Trading at 10x-9x our '25e-'26e EV/EBITA


Markets turning around

We hosted Svedbergs Group's CEO Per-Arne Andersson at ABG Sundal Collier Investor Days this afternoon, and came back with a positive impression. Mr. Andersson made commentary suggesting the company sees markets gradually improving, with e.g. better foot traffic in retail stores in the UK. He added that while the primary housing market is starting to show signs of recovery, this is unlikely to be visible in sales until late 2025 or early 2026. Around 10-15% of Svedbergs Group's sales are to project customers, normally. New to us were also the market share figures, the company estimates a 6-7% market share across key regions which could suggest there is some room to grow. Sharing product competence between brands can be part of this growth: Macro Design has come from selling shower walls to now have a more complete bathroom furniture offering and Roper Rhodes now also sell bathtubs since the inclusion to the Group. The shower wall category is highlighted as a category that is not offered in all brands and could thus be the next incremental growth opportunity.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.