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Brodrene Hartmann AS: 1 director

A director at Brodrene Hartmann AS maiden bought 1,000 shares at 431.950DKK and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two...

 PRESS RELEASE

Hartmann delivered strong performance in Q3 2019

Hartmann delivered strong performance in Q3 2019 Hartmann reported strong revenue and earnings growth in Q3 2019 on the back of a solid core business performance and higher machinery and technology sales. Hartmann now expects revenue to reach the upper end of the DKK 2.2-2.4 billion range with a profit margin around 11%, and continued investments in new capacity lay the groundwork for additional volume growth in the years ahead. Group revenue increased to DKK 591 million (2018: DKK 453 million)Revenue from packaging sales grew to DKK 547 million (2018: DKK 446 million)Operating profit* inc...

 PRESS RELEASE

Release of interim report Q3 2019 on 13 November

Release of interim report Q3 2019 on 13 November Hartmann releases its interim report for Q3 2019 in the morning of 13 November 2019. Please contact Hartmann for further information or to schedule meetings with the executive board. Contact:Aske HougaardTel.: (+45) 31 21 68 72 Attachment

 PRESS RELEASE

Agnete Raaschou-Nielsen will not seek re-election

Agnete Raaschou-Nielsen will not seek re-election Agnete Raaschou-Nielsen stated today that, after 10 years as chairman of the board of directors, she will not seek re-election at the ordinary general meeting to be held in April 2020. At the same occasion, Hartmann’s board of directors will nominate current board member Jan Klarskov Henriksen as chairman, while Steen Parsholt is expected to continue as vice chairman. Jan Klarskov Henriksen has been a member of the board of directors since 2018, and Steen Parsholt has been a board member since 2013 and served as vice chairman since 2018. “...

Laurits Kjærgaard
  • Laurits Kjærgaard

Brødrene Hartmann - Terminating coverage

ABGSC ceases coverage of Brødrene Hartmann HOLD is our final recommendation DKK 300 is our final target price

Anders Idborg ... (+7)
  • Anders Idborg
  • Derek Laliberté
  • Erik Moberg
  • Jan Erik Gjerland
  • Jannick Lindegaard Denholt
  • Laurits Kjærgaard
  • Martin Kaland

Talking Points - FLSmidth (Buy): Customers going cleaner, so are the n...

ALK-Abello (Sell) Post-results: Still only half way there… We estimate EBITA growth of 15% p.a. in 2019 and 2020 Valuation at historical lows, BUY with TP of DKK 300

Laurits Kjærgaard
  • Laurits Kjærgaard

Brødrene Hartmann - Less IAS29-pain in H2

Unexciting Q2, but strong organic H2’19 insight Upgrade on margins but lower sales in our estimates Slow and steady case with limited triggers – HOLD

 PRESS RELEASE

Hartmann grew the core business in Q2 2019

Hartmann grew the core business in Q2 2019 Q2 2019 highlights Hartmann grew core business revenue by 6% on the back of continued volume growth and delivered solid earnings in spite of high raw materials prices and the expected reduced contribution from sales of machinery and technology. The group stepped up investments in Q2 and maintains its guidance for full-year 2019. Group revenue increased to DKK 553 million (2018: DKK 542 million)Revenue from packaging sales increased to DKK 548 million (2018: DKK 508 million), whereas revenue from Hartmann Technology was DKK 6 million (2018: DKK 35...

 PRESS RELEASE

Conference call 14 August at 9.00 (CET) about Q2 2019

Conference call 14 August at 9.00 (CET) about Q2 2019 Hartmann releases its interim report for Q2 2019 in the afternoon of 13 August 2019. On 14 August 2019 at 9.00 (CET), Hartmann will host a conference call at which CEO Torben Rosenkrantz-Theil and CFO Flemming Steen will review the financial results, the outlook and answer questions. Registration is not required. The conference call will be conducted in English and can be heard live at investor.hartmann-packaging.com, where the accompanying presentation will be available. Participants should dial the numbers provided below and state c...

Laurits Kjærgaard
  • Laurits Kjærgaard

Talking Points - Brødrene Hartmann (Hold): Remember, Easter eggs were...

We suspect the company will maintain its wide guidance Technology may negatively surprise the market in Q2

Laurits Kjærgaard
  • Laurits Kjærgaard

Brødrene Hartmann - Remember, Easter eggs were late this year

Despite Easter sales, we expect unexciting ~3% growth We suspect the company will maintain its wide guidance Technology may negatively surprise the market in Q2

 PRESS RELEASE

Hartmann expands in the USA and increases CAPEX guidance

Hartmann expands in the USA and increases CAPEX guidance As part of the ’Think ahead’ strategy, Hartmann will invest around DKK 100 million in expansion of production capacity at the group’s existing factory in Missouri, USA, during 2019-2020. Although the main part of the total investment will be made in 2020, the expansion entails an adjustment of Hartmann’s capital expenditure guidance in 2019 to a level of DKK 300 million from the previous level of DKK 250 million. Guidance is presented before restatement for hyperinflation in Argentina and does not factor in any acquisitions. Since it...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

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