Equity
3 Days left

Ask questions below and receive answers directly from the target company's team members.

Please post your question in English so that all of our investors are able to participate in the discussion.

anonymous 24 days ago

Is there a target debt level and how would it change if interest rates would increase in the future? Considering that a large part of the growth is going to be realized through debt-supported acquisitions this might have a big impact. Would you say there are a lot of potential acquisitions out there in Finland and Sweden (potentially Norway and Denmark as well) and how is the competition for these targets? And would you say they fairly priced?

anonymous
Solwers plc
24 days ago

We keep the equity ratio above 40%. We have secured part of the interest rates through interest swap. That will protect part of our loans interests. There are many companies interested to join our network. Will not be a problem to do aquisitions. The start in a new country is allways a bit challenging We have discussions going on all the time. Expert companies are valued to ebit x 4...5 in sweden, in finland x4...6. Leif Sebbas, Chairman of the Board

anonymous 25 days ago

The valuation of the company at €20 million is said to based on a peer-comparison using several different multiples. Is there any chance the numbers behind the valuation will be disclosed to get a better understanding of where it originates from?

anonymous
Solwers plc
25 days ago

(11,78) , EV/Sales (1,08) and P/E (17,37) for a publicly listed peer group consisting of Etteplan, Pöyry, ÅF, Rejlers, Sweco and Alten. The numbers in brackets are the average multiples for the peer group, and are taken from market estimates in February 2019 when the valuation was made. These peer group figures were then used as one component in the valuation, alongside a DCF-analysis. “

Says the valuator

anonymous
Solwers plc
25 days ago

Sorry about the insufficient answer. First time you do smth it usually goes wrong. Below a more comprehensive answer from the valuator who is not connected to Solwers.

Regards, Leif Sebbas /Chairman of the Board

“The valuation is based on EV/EBITDA (11,78) , EV/Sales (1,08) and P/E (17,37) for a publicly listed peer group consisting of Etteplan, Pöyry, ÅF, Rejlers, Sweco and Alten. The numbers in brackets are the average multiples for the peer group, and are taken from market estimates in February 2019 when the valuation was made. These peer group figures were then used as one component in the valuation, alongside a DCF-analysis. “

 

 

anonymous 24 days ago

Thank you for your answer!