contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls {
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


purmo-grand-bidco-achieves-the-majority-required-to-complete-takeover

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

alternatePageUrls

imgUrl

description

Analyst

Arttu Heikura

Purmo Group develops solutions for indoor climate. The company provides heating and cooling solutions for residential buildings and premises, including radiators, towel warmers, underfloor heating, convectors, valves, and controls. The business is divided into a number of business areas and the solutions are used in industry and the real estate industry. Customers are found on a global level with the largest concentration in Europe. The products are aimed at corporate and private customers.

Purmo Group

Purmo announced on Friday that the Grand Bidco Consortium had reached the minimum acceptance condition required for the completion of the tender offer, meaning that all conditions to the takeover bid have been met. 

Translation: Original comment published in Finnish on 8/5/2024 at 7:35 am EEST.
Purmo&#xa0;<a href="https://www.inderes.se/releases/final-result-of-project-grand-bidco-uk-limiteds-public-tender-offer-for-all-the-shares-in-purmo-project-grand-bidco-completes-the-tender-offer-and-commences-a-subsequent-offer-period">announced</a> on Friday that the Grand Bidco Consortium had reached the minimum acceptance condition required for the completion of the tender offer, meaning that all conditions to the takeover bid have been met. We commented on the preliminary results of the tender offer <a href="https://www.inderes.se/analyst-comments/purmo-to-end-up-with-grand-bidco-against-our-expectations">here</a>.
<h2>Minority interests will be acquired through redemption proceedings</h2>
The takeover offer from the Grand Bidco consortium was accepted by 94.5% of shareholders. As the minimum acceptance condition (90%) and all other conditions for the implementation of the tender offer have been met, the Bidder will implement the offer in accordance with its terms and conditions. To the shareholders who have accepted the offer, the offeror will pay the agreed offer consideration (C shares EUR 11.06) on or about August 16 in accordance with the payment procedures described in the terms and conditions of the offer. Grand Bidco is offering shareholders who have not yet accepted the offer the opportunity to do so between August 5 and 19. Thereafter, when the consortium owns more than 90% of Purmo, it will initiate compulsory redemption proceedings under the Companies Act to acquire the remaining shares.

Inderes

Purmo: Grand Bidco achieves the majority required to complete takeover

Return on capital (ROE, ROI, ROIC, RONIC)

What does negative working capital mean and why is it a good thing?

Drug development investment: Value creation through M&As and licensing agreements

Income statement

Amazon continues to grow in Sweden

	2023	24e	25e
Revenue	743.2	715.9	741.6
growth-%	-17.80 %	-3.67 %	3.59 %
EBIT (adj.)	55.4	65.1	73.8
EBIT-% (adj.)	7.45 %	9.09 %	9.95 %
EPS (adj.)	0.68	0.73	0.98
Dividend	0.35	0.35	0.37
Dividend %	5.65 %	3.11 %	3.28 %
P/E (adj.)	9.06	15.39	11.42
EV/EBITDA	11.56	9.10	7.58

Minority interests will be acquired through redemption proceedings

Purmo Group

Key Estimate Figures17/07

Stay up to date with our newsletter