Report
Henric Hintze ...
  • Max Bacco

Seafire - A closer look at the refinancing opportunity

Q3e sales and adj. EBITA of SEK 230m and 23m F12m EV/EBITA down from 12.9x in Dec ’21 to 7.6x now Refinancing of debt in ‘23e could lift estimates
Underlying
Seafire

Seafire AB (publ), formerly Followit Holding Aktiebolag (publ), is a Sweden-based investment company. Its portfolio comprises such subsidiaries as Followit AB and Heden Group AB. Followit AB offer tracking solutions for wildlife and livestock animals, while Heden Group AB is specialized on lens motors and control systems for focus, iris and zoom control, which are in use for motion picture media industry.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Henric Hintze

Max Bacco

ResearchPool Subscriptions

Get the most out of your insights

Get in touch