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    NEL   NO0010081235

NEL ASA

(NEL)
  Report
Real-time Oslo Bors  -  05/25 10:27:36 am EDT
13.23 NOK   -2.83%
05/18NEL ASA : JP Morgan reaffirms its Sell rating
MD
05/18NEL ASA : Bernstein reaffirms its Buy rating
MD
05/11NEL ASA : RBC gives a Buy rating
MD
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Nel ASA Announces Management Changes

01/05/2022 | 11:58am EDT

The Board of Directors of Nel ASA announced the appointment of Håkon Volldal as new Chief Executive Officer (CEO), replacing the current CEO Jon André Løkke. In mid-2021, Jon André expressed to the Board that he had been CEO of the Company for over five years and that the time was right to initiate a process for identifying his successor. On that basis, the Board initiated a broad international search of available candidates based on a pre-defined set of criteria, including a proven track record on global business development, innovative top line initiatives, operational productivity improvements and growth strategy. That process is now completed, and the Board is delighted to announce the appointment of Håkon Volldal as the Company's new CEO. Mr. Volldal joins Nel from his current position as CEO of Q-Free ASA and brings vast experience also from McKinsey & Company and various executive positions in Tomra Systems. He represents a modern leadership culture and market approach, and fulfils all criteria set for the position. The Company's nomination committee states that it is positive to proposing to the annual shareholders meeting in April 2022 that Jon André Løkke is elected as a board member of Nel ASA, with effect from the date the CEO transition becomes effective.


© S&P Capital IQ 2022
All news about NEL ASA
05/18NEL ASA : JP Morgan reaffirms its Sell rating
MD
05/18NEL ASA : Bernstein reaffirms its Buy rating
MD
05/11NEL ASA : RBC gives a Buy rating
MD
05/11NEL ASA : Barclays reaffirms its Buy rating
MD
05/11NEL ASA : Goldman Sachs reaffirms its Buy rating
MD
05/11TRANSCRIPT : Nel ASA, Q1 2022 Earnings Call, May 11, 2022
CI
05/11NEL ASA : First quarter 2022 financial results
AQ
05/11NEL ASA : 1st quarter results
CO
05/11NEL ASA : 1st quarter report
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05/11NEL ASA : Press Release
CO
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Analyst Recommendations on NEL ASA
More recommendations
Financials
Sales 2022 1 131 M 118 M 118 M
Net income 2022 -426 M -44,3 M -44,3 M
Net cash 2022 3 211 M 334 M 334 M
P/E ratio 2022 -48,0x
Yield 2022 -
Capitalization 20 618 M 2 145 M 2 145 M
EV / Sales 2022 15,4x
EV / Sales 2023 10,2x
Nbr of Employees 526
Free-Float 99,4%
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Technical analysis trends NEL ASA
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Last Close Price 13,62 NOK
Average target price 16,67 NOK
Spread / Average Target 22,5%
EPS Revisions
Managers and Directors
Jon André Løkke Chief Executive Officer
Kjell Christians Bjørnsen Chief Financial Officer
Ole Enger Chairman
Anders Soreng Chief Technology Officer
Finn Marum Jebsen Independent Director
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