Svitzer Group A/S

SVITZR

Equity

ISIN DK0062616637 / Valor 134670231

Nasdaq Copenhagen Equities (2025-05-27)

DKK 275.80%

Svitzer Group A/S
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About company

Svitzer Group A/S, established in 1833, has evolved into a prominent global provider of port and terminal infrastructure services, leveraging its extensive history and expertise in the maritime sector. With a substantial fleet of 456 vessels, the company plays a crucial role in the maritime logistics chain, offering towage services that ensure the safe and efficient movement of ships, including cargo and container ships, tankers, and car carriers, into and out of ports and terminals. Operating in 141 ports and 40 terminals across 37 countries, Svitzer serves a diverse clientele of approximately 2,000 customers, highlighting its significant footprint in the global maritime industry. The company emphasizes the importance of customer engagement and innovation, actively seeking customer feedback and collaborating on the development of digital solutions and new business models to meet the evolving needs of the maritime logistics market.

Summarized from source with an LLMView SourceSector: Consumer Services

Dividend and payment timetable

The general meeting resolved to distribute a dividend of DKK 8.00 per share (nom. DKK 10.00). Key dates: ex-dividend 11 April 2025, record date 14 April 2025, payment date 15 April 2025. The dividend reduces the offer price in APMH Invest A/S’s voluntary purchase offer by DKK 8.00 per share per the offer terms.

Annual report

The audited annual report for the 2024 financial year was presented to and adopted by the AGM; the meeting also resolved that the remaining result for 2024 is carried forward to next year.

Governance and board changes

Discharge of liability was granted to the Board of Directors and Executive Management. Re-elections: Morten H. Engelstoft, Robert M. Uggla, Christine Brennet (Morris) and Peter Wikström; Ghim Siew Ho was elected as a new board member. Morten H. Engelstoft was subsequently elected Chair and Robert M. Uggla Vice Chair.

Remuneration and auditor

The remuneration report was presented and approved (advisory vote) and the Remuneration Policy was adopted. PricewaterhouseCoopers was re-elected as the company’s auditor for statutory financial reporting and sustainability assurance engagements.

Treasury shares authorisation

The AGM extended the Board’s existing authorisation to allow the Company to acquire its own shares, with the authorisation period extended until 1 April 2030.

Summarized from source with an LLMView Source

Key figures

1.77%1Y

%3Y

%5Y

Performance

68.4%1Y

44.7%3Y

44.7%5Y

Volatility