1. Sweden Stocks

  2. •

    Producer manufacturing

  3. •

    Trucks/Construction/Farm machinery
VBG Group AB Class B

VBG Group AB Class B

307.75
SEK
-4.75
(-1.52%)
16.55EPS
19.06P/E
7.89BMarket Cap
Oct 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
64.91
65.77
72.88
85.55
130.98
139.68
148.99
125.87
144.43
183.17
229.55
223.29
215.73
221.28
Basic EPS, GAAP
6.23
4.37
5.29
6.69
9.62
10.92
11.98
9.07
13.48
14.73
22.88
21.66
16.88
16.55
Free Cash Flow per Basic Share
7.57
5.73
4.62
12.17
8
8.25
13.32
15.99
5.01
5.29
24.32
8.18
8.56
1.33
Dividend per Share
1.56
1.91
2.08
2.25
1.91
3.25
4.5
- -
4.5
5
5.5
7
7.25
14.5
Book Value per Share
40.87
45.31
48.29
56.82
80.18
89.04
97.09
99.99
111.72
131.45
144.99
161.27
158.58
163.97
Tangible Book Value per Share
21.58
27.33
26.94
-52.92
2.32
11.96
19.48
25.46
31.38
49.55
55.78
71.94
55.55
59.47
Basic Weighted Avg Shares
18
18
18
18
23
25
25
25
25
25
25
25
25
25
Sales/Revenue/Turnover
1,171
1,187
1,315
1,544
3,002
3,492
3,725
3,147
3,611
4,580
5,740
5,583
5,394
5,532
Operating Margin (%)
14.01
10.29
10.35
11.88
11.82
11.33
11.79
11.84
12.8
10.04
14.23
12.97
11.99
11.27
Depreciation Expense
32
37
43
48
77
80
113
109
106
136
133
150
179
196
Net Income, GAAP
112
79
96
121
220
273
300
227
337
368
572
542
422
414
Effective Tax Rate (%)
25.86
30.02
28.99
28.21
30.14
26.83
24.55
30.56
23.63
24.5
25.34
26.37
26.34
25.59
Profit Margin (%)
9.6
6.65
7.26
7.82
7.34
7.82
8.04
7.2
9.34
8.04
9.97
9.7
7.82
7.48
Working Capital
412
526
489
-2
883
333
1,231
1,498
1,639
1,819
2,152
2,171
2,375
2,273
LT Debt
33
25
12
913
802
1
872
913
848
831
969
1,094
1,692
1,668
Total Equity
738
818
872
1,025
2,005
2,226
2,428
2,500
2,794
3,287
3,625
4,032
3,965
4,100
Return on Invested Capital (%)
15.81
10.29
10.89
7.08
8.55
10.2
10.23
7.23
9.76
10.08
13.82
11.03
8.67
8.07
Return on Capital (%)
15.77
10.25
11.42
6.88
8.52
9.89
10.07
7.1
9.8
10.13
14.14
14.52
11.1
8.16
Return on Common Equity (%)
16.45
10.14
11.31
12.73
14.55
12.9
12.87
9.2
12.74
12.11
16.55
14.15
10.56
10.18

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
60
59
275
LT Borrowings
1,505
1,522
1,480
LT Finance Leases
187
185
187
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
9,957
8,751
7,889

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,044
3,325
3,412
Cash, Cash Equivalents & STI
1,109
1,118
984
Accounts Receivable, Net
783
959
1,081
Inventories
896
998
1,073
Total Current Liabilities
669
841
1,139
Payables & Accruals
- -
- -
- -
ST Debt
60
59
275
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.55%
9.85%
-1.67%
Free Cash Flow
47.58%
46.96%
4.76%
Net Income, GAAP
20.41%
17.17%
-22.08%
Sales/Revenue/Turnover
18.01%
12.16%
-3.38%
Total Cash Common Dividend
- -
- -
3.57%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,535
1,494
1,273
1,278
5,583
2025
1,351
1,362
- -
1,313
5,394
2026
1,376
1,480
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.83
6.71
4.49
4.02
21.66
2025
4.58
4
- -
4.44
16.88
2026
4.53
3.58
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
7
0.01
- -
7
2025
- -
7.25
- -
- -
7.25
2026
- -
7.24
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Anders Erkén
Full Time Employees
2,190
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Kungsgatan 57 Trollhättan VG Sweden 461 34
IPO Date
Nov 17, 1987
Website
vbggroup.com
Similar Companies
Caterpillar, Inc. (NYSE:CAT)
Deere & Company (NYSE:DE)
Ashok Leyland Limited (NSE:ASHOKLEY)
Mazagon Dock Shipbuilders Ltd. (NSE:MAZDOCK)
Cochin Shipyard Limited (NSE:COCHINSHIP)
Action Construction Equipment Limited (NSE:ACE)
Business
VBG Group AB (publ) develops, manufactures, markets and sells industrial products and components focused on transport safety, climate control and power transmission solutions. The company operates through three main divisions: Truck & Trailer Equipment, which offers couplings, automatic snow chains under the Onspot brand, sliding roof systems via Edscha, door systems through Sesam, and vehicle lighting solutions following the acquisition of Ledson Lights AB; Mobile Thermal Solutions, providing customized heating, ventilation and air conditioning (HVAC) systems for buses, trucks, off-road vehicles, specialty vehicles and defense applications; and Ringfeder Power Transmission, supplying shaft-hub connections, locking assemblies, shrink discs, couplings, friction springs and brake systems for heavy machinery, cranes, mining and energy sectors. Products are marketed under strong brands including VBG, Ringfeder, Edscha, Sesam, Onspot, Henfel and Mobile Climate Control. VBG Group maintains global operations with wholly owned subsidiaries in Europe, North America, Brazil, Australia, South Africa, India and China, targeting OEMs, aftermarket customers and industrial end-users in automotive, construction, agriculture and heavy equipment industries. Founded in 1951 and headquartered in Vänersborg, Sweden, the company listed its Series B shares on Nasdaq Stockholm in 1987. Recent strategic acquisitions include Italytec Imex Indústria e Comércio Ltda in Brazil in January 2025 by Mobile Thermal Solutions to expand HVAC offerings in off-road agriculture and construction markets; Ledson Lights AB in Sweden in April 2025 by Truck & Trailer Equipment, adding modern vehicle lighting with annual sales of approximately SEK 100 million; and M.A.T. Malmedie Antriebstechnik GmbH in Germany in July 2025 by Ringfeder Power Transmission, incorporating advanced coupling solutions for steel, crane and mining industries with SEK 165 million in annual sales. These moves support VBG Group's growth strategy, enhancing product portfolios, geographic reach beyond Europe and North America, and integration into the VBG Group 4.0 initiative for portfolio expansion and automation.