Berner Industrier AB

Berner Industrier AB

BERNER-B.ST
Berner Industrier ABSE flagStockholm Stock Exchange
72.70
SEK
-0.70
- -
1.39BMarket Cap
Berner Industrier AB
BERNER-B.ST
(Stockholm Stock Exchange)

Recent

price

72.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
18.78
22.33
22.59
24.63
41.98
23.75
22.88
24.49
33.07
37.74
37.22
39.62
44.88
50.26
51.32
52.45
52.06
Revenue per Share
-0.27
0.33
0.13
0.62
0.92
1.2
0.99
0.84
2.02
2.03
1.67
1.21
1.3
2.42
1.96
3.79
2.53
Basic EPS, GAAP
-0.59
-1.01
0.32
0.42
1
1.85
0.7
1.2
1.02
3.3
3.08
0.8
0.62
3.92
5.41
4.83
5.05
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.25
0.5
0.51
0.5
0.75
0.6
0.75
0.75
0.6
0.9
0.93
0.95
Dividend per Share
-0.25
0.34
0.92
1.18
2.97
2.42
2.91
2.9
4.71
5.98
7.15
7.58
8.12
9.94
11.01
14.32
- -
Book Value per Share
0.76
0.13
0.2
0.53
6.43
4.18
3.8
3.94
-1.36
-0.74
-1.27
-2.46
-2.15
-0.63
0.46
1.52
-1.39
Tangible Book Value per Share
16
16
16
16
9
19
19
18
19
19
19
19
19
19
19
19
19
Basic Weighted Avg Shares
299
356
360
393
394
446
429
450
618
705
695
743
842
943
963
1,000
977
Sales/Revenue/Turnover
-1.31
2.27
0.82
3.5
2.75
5.28
5.44
4.4
8.03
7.24
5.85
3.92
4.6
6.94
5.59
9.47
7.2
Operating Margin (%)
1
2
2
5
5
5
4
4
5
20
24
29
29
34
35
38
36
Depreciation Expense
-4
5
2
10
9
22
19
15
38
38
31
23
24
45
37
72
47
Net Income, GAAP
- -
35.53
24.85
24.82
22.57
6.74
21.85
22.45
22.76
22.36
21.89
21.02
23.43
21.66
21.68
21.41
22.64
Effective Tax Rate (%)
-1.44
1.46
0.57
2.5
2.19
5.05
4.32
3.44
6.11
5.38
4.48
3.06
2.89
4.81
3.83
7.22
4.86
Profit Margin (%)
17
11
9
14
58
71
72
70
14
-4
-47
-82
-76
-40
-20
72
20
Working Capital
3
9
19
16
7
5
12
11
49
73
73
61
49
69
69
115
136
LT Debt
13
16
15
19
69
86
96
95
130
153
176
187
201
232
251
314
260
Total Equity
- -
20.5
5.77
22.14
12.88
24.31
16.84
12.76
22.29
15.39
9.58
5.55
6.4
10.65
8.74
15.23
11.68
Return on Invested Capital (%)
- -
46.21
6.81
23.47
20.69
49.13
30
22.26
31.61
18.74
11.87
7.35
7.39
13.29
10.98
18.78
27.37
Return on Capital (%)
- -
- -
20.45
58.39
36.93
61.34
37.04
28.63
53.42
37.96
25.38
16.5
16.53
26.79
18.76
30.13
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
127
47
68
LT Borrowings
- -
80
75
LT Finance Leases
69
64
61
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
632
780
1,092

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
282
319
288
Cash, Cash Equivalents & STI
75
82
51
Accounts Receivable, Net
121
139
126
Inventories
72
73
83
Total Current Liabilities
302
246
268
Payables & Accruals
- -
- -
- -
ST Debt
127
47
68
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.25%
12.46%
25.24%
Free Cash Flow
67.61%
93.45%
-9.32%
Net Income, GAAP
23.64%
28.77%
96.03%
Sales/Revenue/Turnover
8.94%
7.64%
3.91%
Total Cash Common Dividend
- -
- -
5.57%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
244
256
218
247
963
2025
237
274
261
- -
1,000
2026
254
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.47
0.54
0.51
0.45
1.96
2025
0.66
0.92
1.12
- -
3.79
2026
0.67
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.9
- -
- -
0.9
2025
- -
0.95
- -
- -
0.93
2026
- -
- -
- -
- -
- -
Business
Berner Industrier AB is a Nordic industrial group specializing in sustainable technology, operating in several niche markets with a focus on clean energy, clean water, and sustainable resource utilization. The company offers a broad range of innovative products and solutions aimed at solving societal challenges through technology. Its main business areas include technology distribution and energy and environment, where it provides products and services to reduce resource consumption and emissions, improve environmental conditions, and enhance operational efficiency in both industrial and public sectors. The group consists of nine companies operating under the Christian Berner brand and others, offering products such as well-known global brands Zetapannan and Swedamper flue gas dampers. Key industries served include energy, process, manufacturing, and water treatment, with geographic operations across the Nordic region, including Sweden, Norway, Finland, and Denmark. Founded in 1897 and headquartered in Stockholm, Berner Industrier employs about 240 people and generates annual revenues around SEK 1 billion. Recent major changes include Berner Industrier’s acquisition of Autofric AB in April 2025, expanding its footprint in metalworking, custom manufacturing, and niche products within water treatment. Autofric, a company with a long history since 1984, operates as an independent subsidiary in the Energy & Environment division and contributes positively to Berner Industrier’s earnings per share. In addition, the company implemented a long-term incentive program in 2025, issuing warrants to key employees to support growth and recruitment efforts. Berner Industrier has also reinforced its commitment to sustainability and industrial innovation through strategic acquisitions and partnerships that broaden its product and technology portfolio, supporting its position as a leading Nordic technology trading group listed on Nasdaq Stockholm under the ticker BERNER-B.ST. Berner Industrier primarily serves industrial and public sector customers across the Nordic region, providing specialized products such as raw materials, chemicals, flue gas dampers, and technical solutions designed to improve energy efficiency, reduce emissions, and enhance water treatment processes. The company’s focus on sustainability and clean technology positions it strongly in markets demanding environmental and resource efficiency solutions. The group’s strategy includes continued expansion of its technology trading businesses and leveraging acquisitions to enhance its service offerings and market reach. This comprehensive approach emphasizes Berner Industrier’s core competencies in delivering technologically advanced, sustainable industrial products and services, reinforcing its leadership in the Nordic market for sustainable industrial technology and resource management solutions.