Investors

We are committed to provide all shareholders and potential investors with relevant financial information in a consistent and transparent manner.

Key figures 2020

Eur 463 Million
Net sales
Eur 65 Million
Ebitda
1,400
Employees
38
Facilities
35+
Sales to countries

Financial calendar

11.08.21 – Half-year results 2021
03.11.21 – Third quarter results 2021
24.02.22 – Fourth quarter results 2021

BEWI normally publishes its quarterly results at 07:00 am (CET/ CEST). The results will be available at the company’s website and Oslo Stock Exchange’s Newsweb.

Silent periods normally start around 30 days before the quarterly results are published.

The dates are subject to change.

Investor introduction

BEWI is a leading international provider of packaging, components, and insulation solutions. the company’s commitment to sustainability is integrated from production of raw materials and end goods, to recycling of used products.

With a vision of “protecting people and goods for a better everyday”, BEWI delivers products like packaging for food and medicines, shock-absorbing components for cars, child seats, bike helmets, and insulation solutions for houses and offices.

BEWI is headquartered in Trondheim, Norway, and listed on the Oslo Børs under the ticker symbol ‘BEWI’.

done Diversified across business segments, regions, end markets and customers – providing a resilient business model
done Proven buy-and-build strategy, continued focus on growth
done Frontrunner in innovation and sustainability
Latest reports and presentations

Financial targets

LONG-TERM TARGET

2020

REVENUE GROWTH

10%

8%

• MIX OF ORGANIC, INCL. GREENFIELD PROJECTS, AND M&A GROWTH
• 45% CAGR BETWEEN 2012 AND 2019, LARGELY DRIVEN BY ACQUISITION
• SIGNIFICANT CHANGES IN RAW MATERIAL PRICES MAY IMPACT THE ABILITY TO ACHIEVE THE TARGET

EBITDA MARGIN (NORMALISED)

10-15%

14.0%

• UNDERLYING EBITDA TARGET OF 10-15%
• SIGNIFICANT CHANGES IN RAW MATERIAL PRICES MAY IMPACT THE ABILITY TO ACHIEVE THE TARGET

NIBD / EBITDA (LTM EXCL. IFRS 16)

<2.5X

1.5

• LEVERAGE NIBD / EBITDA BELOW 2.5X, ASSUMING NORMALISED WORKING CAPITAL LEVELS
• TARGETING FLEXIBILITY TO PURSUE M&A OPPORTUNITIES AND MAINTENANCE OF THE DIVIDEND CAPACITY

CAPEX (EXCL. GREENFIELDS)

EUR 13-15M

EUR 13.3M

• NORMALISED CAPEX LEVELS OF EUR 12.5-15.0 MILLION, WHERE REPLACEMENT CAPEX AND EXPANSION CAPEX TYPICALLY ACCOUNT FOR 2/3 AND 1/3, RESPECTIVELY
• IN ADDITION, THE GROUP WILL INVEST IN GREENFIELD PROJECTS

DIVIDEND PAYOUT POLICY

30-50%

50%

• TARGET DIVIDEND PAYOUT RATIO OF 30-50% OF UNDERLYING NET PROFIT
• ANNUAL DISTRIBUTION

IR Contact

Charlotte Knudsen

Director of Communications and IR
BEWi ASA POSTBOKS 3009 LADE 7441 TRONDHEIM