Added to YB: 2026-09-07
Pitch date: 2026-09-03
IDUN-B.ST [neutral]
Idun Industrier AB (publ)
Author Info
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Company Info
Idun Industrier AB (publ), an investment holding company, invests in and develops industrial and service businesses in Sweden, rest of Nordic countries, rest of Europe, and internationally.
Market Cap
SEK 3.5B
Pitch Price
N/A
Price Target
N/A
Dividend
0.37%
EV/EBITDA
12.45
P/E
64.17
EV/Sales
1.97
Sector
Industrial Conglomerates
Category
turnaround
Portfolio Update: September 2026 - Idun Industrier AB
IDUN-B.ST (hold): The thesis is largely unchanged, but Q2 warrants more caution on organic growth: sales rose 12.7% and EBITA 7.4%, driven by acquisitions, while organic EBITA fell 7.7% and margin declined 70bps to 14.3%. Management attributes the SEK 7M decline to a handful of non-recurring issues and maintained second-half guidance; Q3 must show evidence of normalization. The shares remain worth holding, with additions considered around SEK 300.
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