Investment AB Latour (publ)

Investment AB Latour (publ)

LATO-B.ST
Investment AB Latour (publ)SE flagStockholm Stock Exchange
192.15
SEK
+1.90
- -
113.70BMarket Cap
Investment AB Latour (publ)
LATO-B.ST
(Stockholm Stock Exchange)

Recent

price

192.15

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
176,391
174,092
159,321

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 is an investment holding company headquartered in Gothenburg, Sweden, founded in 1984, operating primarily through wholly owned industrial operations and a portfolio of listed securities. Its core industrial operations are organized into four business areas: Hultafors Group, Latour Industries, Nord-Lock Group, and Swegon. Hultafors Group markets workwear under Snickers Workwear, hand tools under Hultafors Tools, and ladders and scaffolding under the Wibe Ladders brand. Latour Industries develops and manufactures platform lifts and components, including through subsidiaries such as Innovalift and others. Nord-Lock Group specializes in bolt securing systems designed to maximize joint safety and efficiency. Swegon provides energy-efficient air treatment aggregates and climate control systems for air and water distribution. Recent major changes include divesting 95 percent of its shares in AAT Alber Antriebstechnik to streamline operations while expanding through acquisitions: Latour acquired Produal, a Finnish market leader in building automation measurement technology, marking its first acquisition outside Sweden in this segment; it also acquired a majority stake in Energy Bolting Limited, a UK-based company, strengthening its Nord-Lock Group; Innovalift expanded by acquiring the Turkish company Arkel; Swegon acquired the US company American Geothermal; and Hultafors Group enhanced its European production capacity by acquiring machinery in Latvia. The company also appointed a new Chief Investment Officer effective April 1, 2025, reflecting adjustments in leadership to support growth strategies. Latour targets industrial sectors including construction, manufacturing, and energy efficiency across multiple geographic regions, primarily operating in Sweden and expanding into Europe, North America, and the Nordic countries. It maintains a long-term investment philosophy focused on companies having proprietary products that meet global growth trends such as sustainability and automation. Its portfolio of listed holdings includes stakes in companies like Assa Abloy, Fagerhult, HMS Networks, Loomis, and Securitas, integrating financial investment with operational industrial business management. Investment AB Latour’s strategic focus is on acquiring and nurturing high-performing companies in sectors including workwear, tools, lifting solutions, climate systems, and securing technology for bolted joints, combining organic growth with targeted acquisitions to enhance market positions and product offerings. This integrated approach supports its goal to sustain long-term value creation through operational excellence and innovation in its diversified portfolio. Overall, Investment AB Latour operates as a holding and active industrial company with diversified operational platforms in manufacturing and technology-driven sectors, leveraging recent acquisitions and divestments to adapt to evolving market demands and strengthen its global industrial footprint.