on Friday 28 October is the nordic distributor Ahlsell entrance on the stockholm stock exchange. “There are no companies that look like Ahlsell in the day”, says ceo Johan Nilsson to the world of Business.
When Ahlsell occupy stock market next Friday, the company’s market capitalization to land somewhere between 18,9-24,3 billion, depending on where in the range of 45-58 sek share price introductory price lands. Regardless, it will be the biggest ipo since Telia in 2000.
Why do you go to the exchange now?
– It is a tajmingfråga. The company has developed positively and we see that the market will be there for a number of years to come, ” says Ahlsell’s president Johan Nilsson.
He has been Sweden-ceo in seven years and since a year back, the ceo for the entire group. It is also the Swedish market as the company goes the strongest. According to Johan Nilsson has Finnish market has gone “pretty bad” in four to five years but has, since the end of the spring facing up, and the company has had to revise up their forecasts. Now the Swedish model is implemented in both Norway and Finland.
– in the Past, we have worked more with the parallel structures. PLUMBING-the activity has run its and electricity and so on. Where we have made a lot of changes now.
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the Change process started about a year ago, in Norway, according to Johan Nilsson. Where has the company made a reorganization and received a lot of new people into management and directed the focus towards the Swedish way of work.
” We are already seeing a lot of indications that this is beginning to bear fruit.
which way?
– for example, how we develop in the various product segments compared with the general market trend and so on. We see a favorable development and I think that both Norway and Finland will be a positive contribution to it.
perhaps The single most important sector of Ahlsell, the construction sector is. According to Johan Nilsson affected the company to two-thirds of the construction market and a third of the industry – roughly.
How important are the contractors for you?
– All of the four large construction companies are customers for us, but summarizes the ten largest customers of Ahlsell so, they account for 6% of our total revenues. We have a very large customer base where no single customer is very heavy in the whole.
what is the biggest cause of concern?
” It will be important for us is that we see that the macro indicators continue to be good in our markets, and it looks bright in the coming years.
Who are your biggest competitors?
– There is no other company that looks like It in the moment, none that have the breadth that we have. However, we have competitors in the various segments. In HVAC, we have Dahl, which is included in Saint-Gobain. On elsidan is Sonepar and on the tools page, we are competing in the Nordic countries with Würth and Tools.
Why should investors buy shares?
– It is an extremely interesting company. We have a very efficient balance sheet with low fixed assets of the company, we sales in large volumes, have a very strong cash flow and are effective. Then I think it is easy to understand our business. It is not a new industry.
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