<?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[AOJ 2025Q2]]></title><description><![CDATA[<p dir="auto">Er Aktie-Zlatan på ferie? I hans fravær poster jeg Q2-resultater for A&amp;O Johansen.</p>
<p dir="auto">Figuren fra <a href="http://borsdata.se" rel="nofollow ugc">borsdata.se</a> er sakset herfra:<br />
<a href="https://bsky.app/profile/40procent20ar.bsky.social/post/3lweyn7stys23" rel="nofollow ugc">https://bsky.app/profile/40procent20ar.bsky.social/post/3lweyn7stys23</a></p>
<ul>
<li>Revenue growth continued in the second quarter of</li>
</ul>
<ol start="2025">
<li>The quarter was well in line with expectations<br />
and saw a high level of activity in both the organic<br />
and the acquired parts of the business.</li>
</ol>
<ul>
<li>
<p dir="auto">Revenue growth of 15.0% for the quarter with one<br />
less sales day. Organic growth was 7.3% while<br />
acquired companies contributed an additional 7.7%.</p>
</li>
<li>
<p dir="auto">EBITDA for the quarter improved compared to 2024<br />
driven by gross margins and revenue growth.</p>
</li>
<li>
<p dir="auto">Positive effect on margins from segment mix and<br />
acquisitions.</p>
</li>
<li>
<p dir="auto">Continued high level of activity within logistics<br />
increases costs.</p>
</li>
<li>
<p dir="auto">The first half and second quarter saw solid results<br />
from the B2B segment. Organic growth and stable<br />
margins delivered a higher segment result.</p>
</li>
<li>
<p dir="auto">Solid growth combined with higher margins from<br />
acquired businesses contributed to B2C having a<br />
strong quarter and first half of 2025.</p>
</li>
<li>
<p dir="auto">In Sweden two new stores opened in Q2, one in<br />
Västerås and another in Uppsala. In January 2026,<br />
an additional store will be opened, bringing the total<br />
number of stores in the Greater Stockholm area up to<br />
four.</p>
</li>
<li>
<p dir="auto">Guidance from the 2024 annual report has been updated<br />
in the sense that guidance ranges have been narrowed<br />
towards the high end of the range. Revenue for 2025<br />
is expected to be in the range of DKK 5,950 - 6,100m,<br />
EBITDA is expected to range between DKK 420 - 450m<br />
and EBT between DKK 245 - 275m.</p>
</li>
</ul>
<p dir="auto"><img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/127821_Screenshot_20250814_223933.png" alt="127821_Screenshot_20250814_223933.png" class=" img-fluid img-markdown" /><br />
<img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/127821_74347b70_eda1_4435_bfa4_33ceccd4dd0e.png" alt="127821_74347b70_eda1_4435_bfa4_33ceccd4dd0e.png" class=" img-fluid img-markdown" /></p>
]]></description><link>https://dev.proinvestor.com/forum/topic/447518/aoj-2025q2</link><generator>RSS for Node</generator><lastBuildDate>Fri, 12 Jun 2026 15:08:19 GMT</lastBuildDate><atom:link href="https://dev.proinvestor.com/forum/topic/447518.rss" rel="self" type="application/rss+xml"/><pubDate>Thu, 14 Aug 2025 18:52:51 GMT</pubDate><ttl>60</ttl><item><title><![CDATA[Reply to AOJ 2025Q2 on Wed, 20 Aug 2025 08:58:28 GMT]]></title><description><![CDATA[<p dir="auto">Disse 3112 er alle Nordnet-aktionærer og især svenskere liger A&amp;O (og andre grossister med højere P/E end A&amp;O:s).</p>
<p dir="auto">SEB:s analyse findes siden igår i øvrigt på X.</p>
<p dir="auto"><div class="card col-md-9 col-lg-6 position-relative link-preview p-0">



<a href="https://x.com/alexeliasson/status/1957667489661481024" title="Alexander Eliasson (@alexeliasson) on X">
<img src="https://pbs.twimg.com/media/GysCIRAbgAAgkqc.png:large" 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://x.com/alexeliasson/status/1957667489661481024">
Alexander Eliasson (@alexeliasson) on X
</a>
</h5>
<p class="card-text line-clamp-3">SEB nämner tillväxt i Sverige 🇸🇪, försvarsinvesteringar och underhåll i VA-systemet som framtida drivkrafter för $AOJ, i sin höjning till -&gt; 130DKK. 

Jag tror inte man behöver bli sängliggande kränkt av att betala p/e 8x + 5% div för nästa år (+ väldigt stort fastighetsbestånd). https://t.co/qHT8uXX8Zl</p>
</div>
<a href="https://x.com/alexeliasson/status/1957667489661481024" class="card-footer text-body-secondary small d-flex gap-2 align-items-center lh-2">



<img src="https://x.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">X (formerly Twitter) <span class="text-secondary">(x.com)</span></p>
</a>
</div></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9494107</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9494107</guid><dc:creator><![CDATA[Aktie-Zlatan]]></dc:creator><pubDate>Wed, 20 Aug 2025 08:58:28 GMT</pubDate></item><item><title><![CDATA[Reply to AOJ 2025Q2 on Mon, 18 Aug 2025 04:40:09 GMT]]></title><description><![CDATA[<p dir="auto">Danske aktionærer vokser i AO, alene hos Nordnet er der nu 3112 aktionærer, for et par år siden var der kun ca. 1500.</p>
<p dir="auto"><img src="https://nbg1.your-objectstorage.com/proinvestor-dev/forum/boards/127861_AO_Nordnet.jpg" alt="127861_AO_Nordnet.jpg" class=" img-fluid img-markdown" /></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9494132</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9494132</guid><dc:creator><![CDATA[InvestorCL]]></dc:creator><pubDate>Mon, 18 Aug 2025 04:40:09 GMT</pubDate></item><item><title><![CDATA[Reply to AOJ 2025Q2 on Fri, 15 Aug 2025 20:06:34 GMT]]></title><description><![CDATA[<p dir="auto">SEB idag:</p>
<p dir="auto">130 DKK</p>
]]></description><link>https://dev.proinvestor.com/forum/post/9494105</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9494105</guid><dc:creator><![CDATA[Aktie-Zlatan]]></dc:creator><pubDate>Fri, 15 Aug 2025 20:06:34 GMT</pubDate></item><item><title><![CDATA[Reply to AOJ 2025Q2 on Fri, 15 Aug 2025 09:39:58 GMT]]></title><description><![CDATA[<p dir="auto">Nej, min ferie er forbi.</p>
<p dir="auto">Er det ikke tid for danske aktionærer at opdage A&amp;O Johansen?</p>
<p dir="auto">Ekskl. Solars restruktureringsomkostninger vurderes Solar A/S til PE (2025)=43 og A&amp;O Johansen til PE (2025)=12. &quot;Peers&quot; i udlandet til PE=15-25.</p>
<p dir="auto">SEB vil sandsynligvis løfte kursmålet fra 110 til 115, 120 eller 125 DKK. Hvor er alle andre danske analytikere? Vågn da op for pokker!</p>
<p dir="auto"><a href="https://ao.dk/globalassets/download/regnskabsdata/2025/ao_h1-2025_uk.pdf" rel="nofollow ugc">https://ao.dk/globalassets/download/regnskabsdata/2025/ao_h1-2025_uk.pdf</a></p>
<p dir="auto"><a href="https://ao.eventcdn.net/events/interim-report-q2-2025" rel="nofollow ugc">https://ao.eventcdn.net/events/interim-report-q2-2025</a></p>
]]></description><link>https://dev.proinvestor.com/forum/post/9494108</link><guid isPermaLink="true">https://dev.proinvestor.com/forum/post/9494108</guid><dc:creator><![CDATA[Aktie-Zlatan]]></dc:creator><pubDate>Fri, 15 Aug 2025 09:39:58 GMT</pubDate></item></channel></rss>