Investment AB Latour (publ)

Investment AB Latour (publ)

IVTBF
Investment AB Latour (publ)US flagOther OTC
27.00
USD
+1.54
- -
15.98BMarket Cap
Investment AB Latour (publ)
IVTBF
(Other OTC)

Recent

price

27.00

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
11.43
12.38
10.7
10.93
9.89
13.6
13.09
15.57
18.5
21.83
23.51
29.04
35.37
39.96
40.49
44.02
42.58
Revenue per Share
1.34
3.53
2.12
2.33
2.94
6.45
5.75
4.37
3.66
8.33
8.32
6.85
6.51
9.22
9.65
7.69
7.52
Basic EPS, GAAP
0.72
0.4
1.03
0.7
0.5
0.85
0.95
1.11
1.39
2.45
2.81
2.31
1.8
6.51
4.82
4.75
5.47
Free Cash Flow per Basic Share
0.69
0.85
1.5
1.25
1.38
1.5
1.69
2
2.25
2.5
1.25
3
3.3
3.7
4.1
4.6
- -
Dividend per Share
12.15
17.99
16.53
17.23
19.39
24.64
29.59
31.25
33.48
40.1
45.6
49.05
56.28
62.2
65.92
66.27
63.93
Book Value per Share
20.69
15.3
14.39
15.09
15.6
19.22
22.05
22.45
23.6
24.88
29.47
29.86
35.06
40.81
40.52
36.81
34.56
Tangible Book Value per Share
524
580
638
637
638
638
638
639
639
639
639
639
639
639
639
639
639
Basic Weighted Avg Shares
5,991
7,178
6,821
6,964
6,310
8,679
8,360
9,945
11,819
13,951
15,028
18,567
22,611
25,550
25,886
28,145
27,221
Sales/Revenue/Turnover
10.35
10.56
9.18
9.02
11.35
27.15
12.24
11.11
12.14
14.09
13.51
13.77
13.76
14.43
13.64
12.8
11.92
Operating Margin (%)
157
163
161
161
148
158
167
194
226
408
424
573
593
711
758
855
- -
Depreciation Expense
702
2,048
1,351
1,483
1,874
4,117
3,673
2,793
2,336
5,327
5,320
4,377
4,162
5,894
6,170
4,917
4,805
Net Income, GAAP
19.5
8.16
9.75
10.55
9.11
5.35
7.11
9.16
12.17
7.25
7.46
12.12
13.76
11.2
11.49
13.91
12.67
Effective Tax Rate (%)
11.72
28.53
19.81
21.3
29.7
47.44
43.94
28.08
19.76
38.18
35.4
23.57
18.41
23.07
23.84
17.47
17.65
Profit Margin (%)
1,041
799
-82
-229
-1,343
13
564
-2,066
662
2,263
4,429
4,575
2,170
2,558
4,145
2,488
1,022
Working Capital
468
419
192
289
812
675
696
521
3,474
7,855
7,419
10,275
8,736
8,808
12,224
13,400
12,467
LT Debt
12,280
10,489
10,907
11,658
13,523
16,080
19,319
20,347
21,863
26,090
29,148
31,686
37,241
40,898
43,942
42,763
41,816
Total Equity
3.84
5.28
4.68
4.26
4.16
12.12
4.59
4.25
4.8
5.82
5.09
5.52
5.7
6.18
5.45
5.06
4.78
Return on Invested Capital (%)
9.51
20.94
11.96
12.18
13.57
23.77
18.34
12.25
9.27
17.51
14.7
10.95
9.19
12.05
11.68
8.92
9.86
Return on Capital (%)
11.23
24.39
12.89
13.78
16.05
29.32
21.22
14.38
11.3
22.65
19.42
14.47
12.36
15.56
15.06
11.64
11.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
4,008
6,344
7,407
LT Borrowings
10,896
11,481
11,257
LT Finance Leases
1,328
1,296
1,210
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
639
639
639
Market Capitalization
174,466
172,015
154,971

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
13,467
13,711
14,099
Cash, Cash Equivalents & STI
2,960
1,855
2,156
Accounts Receivable, Net
4,309
6,494
6,461
Inventories
4,722
5,362
5,482
Total Current Liabilities
9,322
11,880
13,077
Payables & Accruals
- -
- -
- -
ST Debt
4,008
6,344
7,407
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.48%
8.16%
-2.68%
Free Cash Flow
33.88%
38.8%
-1.49%
Net Income, GAAP
8.02%
0.67%
-20.31%
Sales/Revenue/Turnover
12.83%
13.68%
8.73%
Total Cash Common Dividend
19%
37.04%
12.21%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,122
6,522
6,227
7,015
25,886
2025
6,884
7,095
7,415
- -
28,145
2026
6,735
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.11
2.57
1.68
2.29
9.65
2025
1.25
2.3
2.5
- -
7.69
2026
0.59
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.1
2025
- -
- -
- -
- -
4.6
2026
- -
- -
- -
- -
- -
Business
Investment AB Latour (publ) is a Sweden-based investment company that conducts long-term investments in industrial and trading operations as well as a portfolio of listed holdings. The company operates wholly owned industrial businesses organized into business areas including Hultafors Group, which offers workwear under the Snickers Workwear brand, hand tools under the Hultafors Tools brand, and ladders and scaffolding under the Wibe Ladders brand; Latour Industries, which develops engineering technology and building automation solutions through subsidiaries like LSAB; Nord-Lock Group, which provides bolt securing systems for critical bolted joints; Swegon, which supplies energy-efficient air handling units, air and waterborne climate systems, chillers, heat pumps, and datacenter cooling; Specma Group; and Innovalift, which manufactures platform lifts and lift components including brands such as Vimec, Aritco Lift, Motala Hissar, Gartec, TKS Heis, VEGA, Esse-Ti, and BS Tableau. Its investment portfolio comprises significant stakes in listed companies such as Assa Abloy, Fagerhult, HMS Networks, Loomis, Nederman, Nobia, Securitas, Sweco, and Tomra. Founded in 1984 and headquartered in Gothenburg, Sweden, with additional offices in Malmo and Stockholm, the company serves global markets across Europe, North America, and other regions through its operations and holdings. Recent developments include multiple acquisitions in 2024 and 2025, such as Hultafors Group's purchases of Lyngsøe Rainwear, Arkel, HDS Group, and Howatherm; Nord-Lock Group's acquisitions of Armstrong, Precision Bolting Ltd, Condor Machinery Ltd, and 75% of Energy Bolting Limited; Bemsiq's buys of Eelectron and Armstrong; Innovalift's acquisition of Arkel in Turkey and BS Tableau in Germany; Swegon's acquisition of Howatherm in Germany; and Latour Future Solutions' minority investments in Perific Technologies, Plant, and Econans, adding annual growth of nearly SEK 3 billion.

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