Bergman & Beving

We are excited to announce the release of our interim report for the first quarter this morning! The new financial year has started on a high note, with continued positive trends in earnings, profitability, and cash flow. A huge thank you to our 1,300 dedicated employees for their hard work and commitment, which have been instrumental in our success and stability during these uncertain times. Despite facing weak demand in some areas, we remain confident in our decentralized governance model, which empowers each company within the Group to operate independently. With 31 profit centers across various sectors and a robust acquisition strategy, we are well-positioned to achieve our financial goals. For more details and to read the full report, please visit: //https://lnkd.in/du_KXu7R #BergmanBeving #FinancialReport #Q1 #Growth #TeamWork #BusinessSuccess

New division names reflect broadened acquisition strategy To better reflect our broader focus and strategic development and to provide clarity for our employees, the stock market and the M&A market, we today announced new names of our three divisions. The Building Materials division has been renamed Core Solutions, Tools & Consumables is now Industrial Equipment, and Workplace Safety has been renamed Safety Technology. The changes to the division names do not entail any changes to the divisional affiliations of our companies. With our broader acquisition focus and stricter requirements on operating margins and profitability in our acquisitions, we are well placed to deliver on our target of MSEK 500 in EBIT with an EBIT margin of 10 percent. https://lnkd.in/dbwgAZ38

Thank you, Redeye, for organizing the 'Serial Acquirer' theme conference last week. The event, conducted in English, provides a great platform for meaningful dialogue and exchange. It was a good opportunity for me to present B&B in the plenary session, engage with investors during one-on-one meetings, and contribute to the panel discussion on "Entering New Markets". The experience was valuable, and I look forward to future collaborations and events. https://lnkd.in/g39WgnsZ #redeye

#Penserpodden 273: Förvärvsbolagsfokus med Bergman & Beving samt Stockwik! Vi följer upp förra veckans investment case inom industri- och logistikbolag med bolagsbesök av förvärvsfokuserade bolag. Vad passar då bättre än att ha Magnus Söderlind, VD för förvärvsbolagens urmoder Bergman & Beving på besök. Bolaget har på sin egen resa och genom betydande avknoppningar skapat mycket stora värden över åren. Genom en förfinad affärsmodell kan man vara på väg att upprepa den framgångsrika historiken. Andreas Säfstrand ger oss en rykande färsk uppdatering om Stockwik Förvaltning ABs finansiella ställning och delar insikter om hur förändringsarbetet tar form. Dessutom riktar vi blicken mot framtiden och potentialen fammåt! Missa inte detta! Lyssna här eller där poddar finns: Spotify: https://lnkd.in/dtqWJZUP SoundCloud: https://lnkd.in/dgkibKZQ $BERG.B $STWK

Last Friday, I had the honor of being interviewed by Marcus Almerud at Carnegie, where we explored Bergman & Beving's quarterly report and strategic journey. Marcus shared his perspective, stating he believes we are "positioned for profitable growth." This discussion shed light on our strategic initiatives, particularly our focus on judicious capital allocation and the visible improvements in our financial figures. Marcus's added a valuable dimension to our conversation, affirming our commitment to driving sustainable growth and value creation. #StrategicGrowth #CapitalAllocation #FinancialPerformancee #BusinessGrowth #StrategicPlanning #InterviewExperience #penseraccess #carnegie

We're thrilled to announce the highlights of our Q3 report today, a testament to our company's robustness and adaptability in challenging market scenarios. This quarter, our EBITA demonstrated growth, not just surpassing last quarter's performance but also achieving a 7% increase year-over-year, with figures climbing to MSEK 110 from MSEK 103. This marks our 16th consecutive quarter of profit growth. Our EBITA margin also showed notable enhancement, advancing to 9.3% from 8.3%. The cash flow from our operating activities has experienced a remarkable upsurge, ~ quadrupling to MSEK 207 from MSEK 59. Despite the market's hurdles, our ambition for growth remains undeterred. We've successfully integrated two new acquisitions into our fold this quarter, broadening our portfolio with companies that together generate an annual revenue of around MSEK 230. A heartfelt thank you goes out to all our employees for their unwavering dedication and hard work. Your commitment has been instrumental in our continued success, serving as the foundation of our achievements. Your contributions are invaluable, and together, we are setting the stage for a future that's even stronger and more resilient. You can find the full report at : https://lnkd.in/d5tspM24

Navigating and thriving through challenges, even in suboptimal conditions, is an integral part of our life's journey. This resonates deeply with us at Bergman & Beving, where our enthusiasm for entrepreneurship stems from its representation of the dynamic capability to nurture and actualize ideas, despite facing obstacles. At Bergman & Beving, being an umbrella for several companies driven by an entrepreneurial spirit, we naturally embrace and 𝘁𝗮𝗸𝗲 𝗽𝗿𝗶𝗱𝗲 𝗶𝗻 𝗳𝘂𝗹𝗹𝘆 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗮 𝗺𝘂𝗹𝘁𝗶𝘆𝗲𝗮𝗿 𝘃𝗶𝗹𝗹𝗮𝗴𝗲 𝗽𝗿𝗼𝗷𝗲𝗰𝘁 𝗶𝗻 𝗔𝗳𝗿𝗶𝗰𝗮, orchestrated by Hand-in-Hand. This endeavor is particularly meaningful as it equips individuals, focusing on women and youth, with entrepreneurial skills and support. These efforts are pivotal in enabling them to secure a more stable income, enhance their self-esteem, and develop new competencies. This empowerment allows them to take control of their destinies and pave the way for a more promising future. In light of this, we are excited to extend our warmest season's greetings for a 𝗠𝗲𝗿𝗿𝘆 𝗖𝗵𝗿𝗶𝘀𝘁𝗺𝗮𝘀 𝗮𝗻𝗱 𝗮 𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗼𝘂𝘀 𝗡𝗲𝘄 𝗬𝗲𝗮𝗿 𝘁𝗼 𝗮𝗹𝗹 𝗼𝘂𝗿 𝗱𝗲𝗱𝗶𝗰𝗮𝘁𝗲𝗱 e𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀, 𝘃𝗮𝗹𝘂𝗲𝗱 𝘀𝗵𝗮𝗿𝗲𝗵𝗼𝗹𝗱𝗲𝗿𝘀, 𝗮𝗻𝗱 𝗲𝘀𝘁𝗲𝗲𝗺𝗲𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀. #Entrepreneurship #giveback #Empowerment #SocialResponsibility #HappyHolidays

We are delighted to share information that we today acquired Orbital Fabrication Ltd, a renowned leader in the UK specializing in the manufacturing of high-purity gas handling components and systems, a niche market known for its stable growth. Orbital's expertise and capabilities present us with excellent prospects for sustained, profitable growth. 2023 has been a remarkable year for B&B, with Orbital becoming the 8th company to join Bergman & Beving. These acquisitions have collectively contributed a turnover of 600 MSEK, boasting robust margins. This not only reflects our growth trajectory but also solidifies our foundation for continued profit expansion. We extend a heartfelt welcome to the Orbital team. We are enthusiastic about embarking on this growth journey together, leveraging our combined strengths to achieve new heights. #Acquisition #GrowthStrategy #WelcomeOrbital #TeamExpansion #IndustryLeadership https://lnkd.in/dF-8nMEm

Grateful to Aktiespararna for the successful organization of Stora Aktiedagen. It was a privilege for Bergman & Beving to have a 20-minute presentation slot. Remarkable to see the event attract an audience of 80,000 to 100,000 online attendees. #StoraAktiedagen #Aktiespararna #Aktier #Networking #BusinessGrowth #aktie https://lnkd.in/dkW8HgVx