The Swedish stock market has shown resilience amid global economic uncertainties, with investors keenly observing growth opportunities. In this environment, companies with high insider ownership can often signal strong internal confidence and alignment with shareholder interests. When evaluating stocks, especially in the current market conditions, it is crucial to consider factors such as insider ownership which may indicate a company's potential for sustained growth and stability.
Top 10 Growth Companies With High Insider Ownership In Sweden
Overview: CTT Systems AB (publ) designs, manufactures, and sells humidity control systems for aircraft in Sweden, Denmark, France, the United States, and internationally with a market cap of SEK3.41 billion.
Operations: The company's revenue segment primarily includes Aerospace & Defense, generating SEK317.70 million.
Insider Ownership: 16.9%
CTT Systems, a growth company with high insider ownership in Sweden, has shown robust performance and promising forecasts. Recent earnings reported SEK 90.8 million in Q2 2024 revenue, up from SEK 84.5 million last year. Insider buying has been substantial over the past three months without significant selling. Revenue is forecast to grow at 21.9% annually, outpacing the Swedish market's growth rate of 1%. CTT's return on equity is expected to be very high at 44.4% within three years.
Overview: Haypp Group AB (publ) is an online retailer specializing in tobacco-free nicotine pouches and snus products across Sweden, Norway, the rest of Europe, and the United States, with a market cap of SEK2.93 billion.
Operations: The company's revenue segments include Core at SEK2.42 billion and Growth at SEK834.20 million.
Insider Ownership: 10.9%
Haypp Group reported Q2 2024 earnings with revenue of SEK 950.95 million, up from SEK 777.79 million a year ago, but net income decreased to SEK 0.031 million from SEK 0.44 million. For the first half of the year, revenue increased to SEK 1.84 billion while net income rose significantly to SEK 12.88 million from SEK 1.88 million previously. Despite past shareholder dilution and lower profit margins, earnings are forecasted to grow at an impressive rate of over 88% annually, outpacing the Swedish market's growth rate.
Overview: Scandi Standard AB (publ) produces and sells chilled, frozen, and ready-to-eat chicken products across multiple countries including Sweden, Norway, Ireland, Denmark, Finland, Germany, the United Kingdom, and internationally; it has a market cap of SEK5.49 billion.
Operations: Scandi Standard generates revenue primarily from its Ready-To-Cook segment at SEK9.70 billion and its Ready-To-Eat segment at SEK2.61 billion.
Insider Ownership: 14.6%
Scandi Standard's recent earnings report showed a slight decline in quarterly sales and net income compared to the previous year, but an increase in net income for the first half of 2024. The company secured a SEK 3,200 million sustainability-linked bank loan to refinance existing debt and support growth ambitions. With substantial insider buying over the past three months and forecasted annual earnings growth of 20.4%, Scandi Standard remains positioned for significant expansion despite its high debt levels.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.
Companies discussed in this article include OM:CTT OM:HAYPP and OM:SCST.
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