<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[A&amp;O Johansen Q1]]></title><description><![CDATA[<p dir="auto">&quot;Omsætningsvækst på 18,8%, hvoraf 10,1% er organisk vækst.&quot;<br />
&quot;Resultat efter skat udgjorde 40,1 mio. kr. (26,7 mio. kr.).&quot;</p>
<p dir="auto"><a href="https://ao.dk/globalassets/download/regnskabsdata/2025/ao_q1-2025_dk_final.pdf" rel="nofollow ugc">https://ao.dk/globalassets/download/regnskabsdata/2025/ao_q1-2025_dk_final.pdf</a><br />
<a href="https://ml-eu.globenewswire.com/Resource/Download/bbb90537-1e61-437e-9fbc-14a0147c8a69" rel="nofollow ugc">https://ml-eu.globenewswire.com/Resource/Download/bbb90537-1e61-437e-9fbc-14a0147c8a69</a></p>
<p dir="auto">PE (2025e)=11,5 mod 20-ish for Solar A/S, Rexel, Ferguson, Alligo og BHG.</p>
<p dir="auto">PE (2026e) er i øvrigt 7,5 og PE (2027e) 6,5 ifølge SEB.</p>
<p dir="auto"><div class="card col-md-9 col-lg-6 position-relative link-preview p-0">

<div class="card-body">
<h5 class="card-title">
<a class="text-decoration-none" href="https://www.barrons.com/market-data/stocks/aoj.b/research-ratings?countrycode=dk&amp;mod=quotes">
barrons.com
</a>
</h5>
<p class="card-text line-clamp-3"></p>
</div>
<a href="https://www.barrons.com/market-data/stocks/aoj.b/research-ratings?countrycode=dk&amp;mod=quotes" class="card-footer text-body-secondary small d-flex gap-2 align-items-center lh-2">



<img src="https://www.barrons.com/favicon.ico" alt="favicon" class="not-responsive overflow-hiddden" style="max-width: 21px; max-height: 21px;" onerror="this.remove()"/>



<p class="d-inline-block text-truncate mb-0"> <span class="text-secondary">(www.barrons.com)</span></p>
</a>
</div></p>
<p dir="auto">Ahlsell DK (tidligere Sanistål) voksede sandsynligvis &quot;kun&quot; med mindre end 10 % i Q1-25.</p>
<p dir="auto">&quot;Vi er kommet godt fra start i 2025 og har oplevet vækst fra begyndelsen af januar til midten af marts, og nogle af vores butikker har oplevet tocifret salgsvækst.&quot;</p>
<p dir="auto"><div class="card col-md-9 col-lg-6 position-relative link-preview p-0">



<a href="https://www.installator.dk/ahsell-far-afkast-af-mio-investeringer" title="Ahsell får afkast af mio-investeringer">
<img src="https://aios.horisontgruppen.dk/images/w1000/9e85d7db-12a8-495e-9f3c-1c53da48ed91.jpg" class="card-img-top not-responsive" style="max-height: 15rem;" alt="Link Preview Image" onerror="this.parentElement.remove()" />
</a>



<div class="card-body">
<h5 class="card-title">
<a class="text-decoration-none" href="https://www.installator.dk/ahsell-far-afkast-af-mio-investeringer">
Ahsell får afkast af mio-investeringer
</a>
</h5>
<p class="card-text line-clamp-3">Siden Ahlsell overtog Sanistål og omdannede 24 danske håndværkerbutikker i april 2024, har koncernen investeret mange millioner kroner i nye tiltag og står nu bedre rustet på det danske marked, skriver grossisten i en pressemeddelelse.</p>
</div>
<a href="https://www.installator.dk/ahsell-far-afkast-af-mio-investeringer" class="card-footer text-body-secondary small d-flex gap-2 align-items-center lh-2">



<img src="https://aios.horisontgruppen.dk/images/a0cfe61c-0097-44f8-b80b-799542bc4026.png" alt="favicon" class="not-responsive overflow-hiddden" style="max-width: 21px; max-height: 21px;" onerror="this.remove()"/>



<p class="d-inline-block text-truncate mb-0"> <span class="text-secondary">(www.installator.dk)</span></p>
</a>
</div></p>
<p dir="auto">Husk kl 13.00:</p>
<p dir="auto"><a href="https://ao.eventcdn.net/events/interim-report-q1-2025" rel="nofollow ugc">https://ao.eventcdn.net/events/interim-report-q1-2025</a></p>
]]></description><link>https://dev.proinvestor.com/forum/topic/447259/ao-johansen-q1</link><generator>RSS for Node</generator><lastBuildDate>Sat, 13 Jun 2026 07:48:01 GMT</lastBuildDate><atom:link href="https://dev.proinvestor.com/forum/topic/447259.rss" rel="self" type="application/rss+xml"/><pubDate>Thu, 01 May 2025 06:43:01 GMT</pubDate><ttl>60</ttl><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Mon, 05 May 2025 06:53:58 GMT]]></title><description><![CDATA[<p dir="auto">InvestorCL Det giver mening. Tak for svar. Ærgeligt Danmark ikke er på højde med svenskerne.</p>
<p dir="auto">Vedhæftede figurer fra <a href="http://worldperatio.com" rel="nofollow ugc">worldperatio.com</a>.</p>
<p dir="auto">Sweden leading the way as a European SME investment hub<br />
<a href="https://focus.world-exchanges.org/articles/sweden-sme-investment" rel="nofollow ugc">https://focus.world-exchanges.org/articles/sweden-sme-investment</a></p>
<p dir="auto"><img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/126232_Screenshot_20250505_104712.png" alt="126232_Screenshot_20250505_104712.png" class=" img-fluid img-markdown" /><br />
<img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/126232_Screenshot_20250505_104729.png" alt="126232_Screenshot_20250505_104729.png" class=" img-fluid img-markdown" /></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492826</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492826</guid><dc:creator><![CDATA[bb8]]></dc:creator><pubDate>Mon, 05 May 2025 06:53:58 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Mon, 05 May 2025 06:03:01 GMT]]></title><description><![CDATA[<p dir="auto">Det jeg ofte læser i svenske forum er at de vurderer AO som den højeste kvalitet i DK inden for branchen og når de skal købe tilsvarende på børsen i Stokholm sælges disse firmaer til en højere pris P/E end når de køber på børsen i CPH. Svenskerne siger selv at de private investorer er mindst 15 år foran de danske investorer nå det gælder om investering i aktier, det skulle gøre efterspørgslen større i Sverige og presse prisen op i Sverige.</p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492821</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492821</guid><dc:creator><![CDATA[InvestorCL]]></dc:creator><pubDate>Mon, 05 May 2025 06:03:01 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Sat, 03 May 2025 18:54:30 GMT]]></title><description><![CDATA[<p dir="auto">Hvorfor virker A&amp;O Johansen til tider mere populær blandt svenskere end danskere?</p>
<p dir="auto"><a href="https://bsky.app/profile/svavel.bsky.social/post/3lo2rfc5gtc2n" rel="nofollow ugc">https://bsky.app/profile/svavel.bsky.social/post/3lo2rfc5gtc2n</a><br />
"A&amp;O Johansen med finfin rapport idag efter stängning! Ökad omsättning och vinst.<br />
Danska börsen skippar may day och håller öppet imorgon. Kommer säkert vara fullt med svenska sparare med börsabstinens på köpsidan... "Från mörkret stiga vi mot ljuset!""</p>
<p dir="auto">Interview with Brdr. A&amp;O Johansen's CFO Per Toelstang<br />
<a href="https://analystgroup.se/textintervju/interview-with-brdr-ao-johansens-cfo-per-toelstang/" rel="nofollow ugc">https://analystgroup.se/textintervju/interview-with-brdr-ao-johansens-cfo-per-toelstang/</a></p>
<p dir="auto"><img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/126208_Screenshot_20250503_225212.png" alt="126208_Screenshot_20250503_225212.png" class=" img-fluid img-markdown" /></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492824</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492824</guid><dc:creator><![CDATA[bb8]]></dc:creator><pubDate>Sat, 03 May 2025 18:54:30 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Sat, 03 May 2025 06:31:30 GMT]]></title><description><![CDATA[<p dir="auto">Organisk vaekst:<br />
A&amp;O Johansen +10,1% [konge-krone-emoji]<br />
Rexel +1,4% (ikke-organisk)<br />
Ferguson -0,3%<br />
Alligo -2,5%<br />
Beijer +4%</p>
<p dir="auto">Solar kommer med regnskab 9. maj i naeste uge:<br />
<a href="https://www.nordnet.dk/aktier/inspiration/lister/naeste-uges-regnskaber" rel="nofollow ugc">https://www.nordnet.dk/aktier/inspiration/lister/naeste-uges-regnskaber</a></p>
<p dir="auto">Rexel:<br />
<a href="https://www.rexel.com/en/medias/press-releases/first-quarter-2025-sales/" rel="nofollow ugc">https://www.rexel.com/en/medias/press-releases/first-quarter-2025-sales/</a></p>
<ul>
<li>
<p dir="auto">Same-day sales up +1.4% in Q1 25, back to positive territory</p>
</li>
<li>
<p dir="auto">Sales growth driven by North America, with improving trends in Europe</p>
</li>
<li>
<p dir="auto">Active portfolio management with one acquisition and one disposal completed in April</p>
</li>
<li>
<p dir="auto">Full-year guidance confirmed amid uncertain macro-political environment</p>
</li>
<li>
<p dir="auto">Q1 25 sales of €4,825m, up +1.4% on a same-day basis, back to positive territory</p>
</li>
</ul>
<p dir="auto">Ferguson:<br />
<a href="https://www.corporate.ferguson.com/pressroom/news-releases/news-details/2024/Ferguson-Reports-First-Quarter-Results/default.aspx" rel="nofollow ugc">https://www.corporate.ferguson.com/pressroom/news-releases/news-details/2024/Ferguson-Reports-First-Quarter-Results/default.aspx</a></p>
<ul>
<li>Sales of $7.8 billion, an increase of 0.8%.</li>
<li>Sales volume grew 3%, partially offset by continued deflation of approximately 2%.</li>
<li>Gross margin of 30.1%, down 10 bps from prior year.</li>
<li>Operating margin of 8.6% (9.1% on an adjusted basis).</li>
<li>Diluted earnings per share of $2.34 ($2.45 on an adjusted basis).</li>
<li>Declared quarterly dividend of $0.83, reflecting a 5% increase over the prior year.</li>
<li>Completed one acquisition during the quarter and one subsequently.</li>
<li>Share repurchases of $256 million during the quarter.</li>
<li>Balance sheet remains strong with net debt to adjusted EBITDA of 1.2x.</li>
</ul>
<p dir="auto">Alligo:<br />
<a href="https://www.alligo.com/en/report/q1-2025/" rel="nofollow ugc">https://www.alligo.com/en/report/q1-2025/</a></p>
<ul>
<li>Revenue increased by 2.9 per cent to MSEK 2,232 (2,169). Organic growth was -2.5 per cent.</li>
<li>Gross margin was 40.9 per cent (41.1).</li>
<li>Adjusted EBITA decreased to MSEK 74 (84), corresponding to an adjusted EBITA margin of 3.3 per cent (3.9).</li>
<li>Operating profit decreased to MSEK 37 (65) and the operating margin was 1.7 per cent (3.0). Operating profit was charged with items affecting comparability of MSEK -19 (-4).</li>
<li>Profit amounted to MSEK 17 (23).</li>
<li>Earnings per share amounted to SEK 0.34¹ SEK (0.46¹).</li>
<li>Cash flow from operating activities amounted to MSEK -38 (128).</li>
</ul>
<p dir="auto">Beijer:<br />
<a href="https://www.beijerref.com/interim/Q1-2025" rel="nofollow ugc">https://www.beijerref.com/interim/Q1-2025</a></p>
<p dir="auto">"The group's total sales during the quarter amounted to SEK 8,898 million, with an EBITA of SEK 832 million - an increase of 16 and 13 per cent respectively compared with the corresponding period last year. The quarter had good profitability with an EBITA margin of 9.4 per cent. A strong growth in EPS of 20 per cent indicates good underlying profitability. Organic sales growth was 4 per cent in the quarter," says CEO Christopher Norbye.</p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492819</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492819</guid><dc:creator><![CDATA[bb8]]></dc:creator><pubDate>Sat, 03 May 2025 06:31:30 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Fri, 02 May 2025 08:31:19 GMT]]></title><description><![CDATA[<p dir="auto">Også i Sverige:</p>
<p dir="auto"><div class="card col-md-9 col-lg-6 position-relative link-preview p-0">



<a href="https://aoworkwear.se/" title="AO Workwear | Profilkläder, arbetskläder och fritidskläder - Köp online">
<img src="https://aoworkwear.se/on/demandware.static/Sites-AO_SE-Site/-/default/dwb112d116/images/home-logo-web.jpg" class="card-img-top not-responsive" style="max-height: 15rem;" alt="Link Preview Image" onerror="this.parentElement.remove()" />
</a>



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<h5 class="card-title">
<a class="text-decoration-none" href="https://aoworkwear.se/">
AO Workwear | Profilkläder, arbetskläder och fritidskläder - Köp online
</a>
</h5>
<p class="card-text line-clamp-3">Kläder för arbete och fritid – anpassade arbetskläder för hantverk, industri, kontor, administration, gastronomi, restaurang, vård och klinik.</p>
</div>
<a href="https://aoworkwear.se/" class="card-footer text-body-secondary small d-flex gap-2 align-items-center lh-2">



<img src="https://aoworkwear.se/on/demandware.static/Sites-AO_SE-Site/-/default/dw7da85388/favicons/favicon-32x32.png" alt="favicon" class="not-responsive overflow-hiddden" style="max-width: 21px; max-height: 21px;" onerror="this.remove()"/>









<p class="d-inline-block text-truncate mb-0"> <span class="text-secondary">(aoworkwear.se)</span></p>
</a>
</div></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492817</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492817</guid><dc:creator><![CDATA[Aktie-Zlatan]]></dc:creator><pubDate>Fri, 02 May 2025 08:31:19 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Fri, 02 May 2025 06:58:19 GMT]]></title><description><![CDATA[<p dir="auto">Ikke en mand jeg vil være i hus med!</p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492816</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492816</guid><dc:creator><![CDATA[Hyst]]></dc:creator><pubDate>Fri, 02 May 2025 06:58:19 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Thu, 01 May 2025 17:09:04 GMT]]></title><description><![CDATA[<p dir="auto">Det er en rigtig god nyhed. Der findes en virksomhed i USA, der hedder Cintas, der laver uniformer. Det er en af de bedste virksomheder jeg kender. Dem må de hjertens gerne kopiere.</p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492818</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492818</guid><dc:creator><![CDATA[bb8]]></dc:creator><pubDate>Thu, 01 May 2025 17:09:04 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Thu, 01 May 2025 16:52:42 GMT]]></title><description><![CDATA[<p dir="auto">A&amp;O lancerer nu AOWORKWEAR til deres kundedatabase.</p>
<p dir="auto"><img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/126153_AO.jpg" alt="126153_AO.jpg" class=" img-fluid img-markdown" /></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492822</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492822</guid><dc:creator><![CDATA[KyleBass]]></dc:creator><pubDate>Thu, 01 May 2025 16:52:42 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Thu, 01 May 2025 14:31:42 GMT]]></title><description><![CDATA[<p dir="auto">Aktie-Zlatan Jeg synes ikke helt de zlatanerer med det regnskab, men det er absolut godkendt.</p>
<p dir="auto">Har du tilfaeldigvis en tabel med organisk vaekst for konkurrenterne? Den maa du i saa fald meget gerne dele herinde ved lejlighed, naar de alle har fremlagt regnskab.</p>
<p dir="auto">Vedhaeftet udvalgte slides fra deres praesentation. Klik for at goere stoerre.</p>
<p dir="auto"><img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/126146_AOJ_2025Q1.jpg" alt="126146_AOJ_2025Q1.jpg" class=" img-fluid img-markdown" /></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492814</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492814</guid><dc:creator><![CDATA[bb8]]></dc:creator><pubDate>Thu, 01 May 2025 14:31:42 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Thu, 01 May 2025 10:51:28 GMT]]></title><description><![CDATA[<p dir="auto">Selskabet HCE Invest, Virum ApS, ejes af 3 Dyremose familiemedlemmer, der har købt ialt 5735 stk. aktier.<br />
Desuden er der købt 5735 stk. aktier til CD Invest, det ejes af Charlotte Dyremose som er datter til Henning Dyremose.</p>
<p dir="auto"><div class="card col-md-9 col-lg-6 position-relative link-preview p-0">



<a href="https://cvrapi.dk/virksomhed/dk/hce-invest-virum-aps/39251132" title="Forside">
<img src="http://cvrapi.dk/static/images/metaimage.png" class="card-img-top not-responsive" style="max-height: 15rem;" alt="Link Preview Image" onerror="this.parentElement.remove()" />
</a>



<div class="card-body">
<h5 class="card-title">
<a class="text-decoration-none" href="https://cvrapi.dk/virksomhed/dk/hce-invest-virum-aps/39251132">
Forside
</a>
</h5>
<p class="card-text line-clamp-3">Description</p>
</div>
<a href="https://cvrapi.dk/virksomhed/dk/hce-invest-virum-aps/39251132" class="card-footer text-body-secondary small d-flex gap-2 align-items-center lh-2">



<img src="https://cvrapi.dk/favicon.ico" alt="favicon" class="not-responsive overflow-hiddden" style="max-width: 21px; max-height: 21px;" onerror="this.remove()"/>



<p class="d-inline-block text-truncate mb-0"> <span class="text-secondary">(cvrapi.dk)</span></p>
</a>
</div></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492813</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492813</guid><dc:creator><![CDATA[InvestorCL]]></dc:creator><pubDate>Thu, 01 May 2025 10:51:28 GMT</pubDate></item><item><title><![CDATA[Reply to A&amp;O Johansen Q1 on Thu, 01 May 2025 09:16:51 GMT]]></title><description><![CDATA[<p dir="auto">Bestyrelseformand Dyremose købte idag 11.470 (2x5.735) aktier, eller?</p>
<p dir="auto"><a href="https://ao.dk/globalassets/download/regnskabsdata/2025/insideres-handler-nr-1-2025.pdf" rel="nofollow ugc">https://ao.dk/globalassets/download/regnskabsdata/2025/insideres-handler-nr-1-2025.pdf</a></p>
<p dir="auto"><div class="card col-md-9 col-lg-6 position-relative link-preview p-0">



<a href="https://da.wikipedia.org/wiki/Henning_Dyremose" title="Henning Dyremose - Wikipedia, den frie encyklopædi">
<img src="https://upload.wikimedia.org/wikipedia/commons/1/1b/Henning_Dyremose.jpg" class="card-img-top not-responsive" style="max-height: 15rem;" alt="Link Preview Image" onerror="this.parentElement.remove()" />
</a>



<div class="card-body">
<h5 class="card-title">
<a class="text-decoration-none" href="https://da.wikipedia.org/wiki/Henning_Dyremose">
Henning Dyremose - Wikipedia, den frie encyklopædi
</a>
</h5>
<p class="card-text line-clamp-3"></p>
</div>
<a href="https://da.wikipedia.org/wiki/Henning_Dyremose" class="card-footer text-body-secondary small d-flex gap-2 align-items-center lh-2">



<img src="https://da.wikipedia.org/static/favicon/wikipedia.ico" alt="favicon" class="not-responsive overflow-hiddden" style="max-width: 21px; max-height: 21px;" onerror="this.remove()"/>





<p class="d-inline-block text-truncate mb-0"> <span class="text-secondary">(da.wikipedia.org)</span></p>
</a>
</div></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9492820</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9492820</guid><dc:creator><![CDATA[Aktie-Zlatan]]></dc:creator><pubDate>Thu, 01 May 2025 09:16:51 GMT</pubDate></item></channel></rss>