Company Pierce Group AB

Equities

PIERCE

SE0015658364

Department Stores

Delayed Nasdaq Stockholm 06:35:54 2024-04-30 am EDT 5-day change 1st Jan Change
7.68 SEK -4.71% Intraday chart for Pierce Group AB -1.79% +18.15%

Business Summary

Pierce Group AB (publ) is a Sweden-based e-commerce company selling gear, spare parts, accessories and streetwear to riders across all of Europe through the online stores 24MX, XLMOTO and Sledstore via some forty websites adapted to the local markets. Pierce has two major segments targeting two different customer groups, Offroad sales to motocross and endure riders, and Onroad sales to riders on paved roads and tracks. Pierce also has a smaller segment, Other, which primarily focuses on sales to snowmobile riders. The headquarter is located in Stockholm, Sweden, the central warehouse is located in Szczecin, Poland, and the major portion of the customer support service is located in Barcelona, Spain.

Number of employees: 390

Sales per Business

SEK in Million2022Weight2023Weight Delta
Offroad
61.9 %
999 59.8 % 952 61.9 % -4.70%
Onroad
32.3 %
569 34.1 % 496 32.3 % -12.83%
Other
5.8 %
102 6.1 % 89 5.8 % -12.75%

Sales per region

SEK in Million2022Weight2023Weight Delta
International
41.6 %
1,103 66.0 % 639 41.6 % -42.07%
Sweden
14.6 %
264 15.8 % 225 14.6 % -14.77%
Germany
13.2 %
-- 203 13.2 % -
France
12.2 %
-- 187 12.2 % -
Norway
10.1 %
-- 156 10.1 % -
Other Nordics
8.3 %
304 18.2 % 127 8.3 % -58.22%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 23-06-11
Director of Finance/CFO 47 16-12-31
Sales & Marketing 44 20-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 13-12-31
Chairman 63 22-06-02
Director/Board Member 57 23-05-15
Director/Board Member 33 22-12-13
Director/Board Member 59 22-06-02

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 79,374,100 26,518,785 ( 33.41 %) 0 33.41 %

Shareholders

NameEquities%Valuation
Verdane Advisors Holding A/S
29.90 %
23,732,855 29.90 % 18 M kr
Procuritas Partners AB
25.40 %
20,161,021 25.40 % 15 M kr
ALLIANZ SE
5.002 %
3,970,616 5.002 % 3 M kr
East Capital Financial Services AB
4.272 %
3,390,561 4.272 % 3 M kr
eQ Varainhoito Oy
0.9537 %
757,022 0.9537 % 564 973 kr
Pascal Investment Advisers SA
0.6322 %
501,839 0.6322 % 374 527 kr
Carnegie Fonder AB
0.5669 %
450,000 0.5669 % 335 840 kr
Willem Vos
0.2648 %
210,172 0.2648 % 156 853 kr
120,000 0.1512 % 89 557 kr
SIGNAL IDUNA Asset Management GmbH
0.1008 %
80,000 0.1008 % 59 705 kr

Company contact information

Pierce Group AB

Elektravaegen 22

126 30, Haegersten

+

http://www.pierce-ecom.com
address Pierce Group AB(PIERCE)

Group companies

NameCategory and Sector
Wholesale Distributors

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
7.68 SEK
Average target price
7.5 SEK
Spread / Average Target
-2.34%
Consensus
  1. Stock Market
  2. Equities
  3. PIERCE Stock
  4. Company Pierce Group AB