Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Denmark
  4. Nasdaq Copenhagen
  5. NTG Nordic Transport Group A/S
  6. News
  7. Summary
    NTG   DK0061141215

NTG NORDIC TRANSPORT GROUP A/S

(NTG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

NTG Nordic Transport Group A/S entered into a conditional share purchase agreement to acquire LGT Logistics AB for approximately SEK 370 million.

07/16/2021 EDT

NTG Nordic Transport Group A/S (CPSE:NTG) entered into a conditional share purchase agreement to acquire LGT Logistics AB for approximately SEK 370 million on July 16, 2021. The transaction values 100% of the shares in LGT Group AB at SEK 375 million on a cash and debt free basis. After closing of the transaction, each subsidiary of LGT Group will continue as a stand-alone subsidiary of NTG in accordance with NTG’s decentralised corporate structure, and the existing management in each subsidiary will continue in their current roles. Upon closing of the transaction, key management incentive structures will be aligned with the principles of NTG’s partnership model. NTG will finance the purchase price with available cash and existing credit facilities. LGT Group generated a reported revenue of SEK 829 million and a reported EBIT of SEK 64.8 million (IFRS) in the financial year ending December 31, 2020. Following closing, further details regarding the impact of the transaction will be communicated including expected synergies, integration plans as well as an update on the financial outlook for 2021. The transaction is subject to approval by the relevant competition authorities and closing of the transaction is expected in Q3 2021. Ronnie Kandler, Anders Kjær Dybdahl and Thomas Bento-Nystad of Poul Schmith acted as legal advisor to NTG Nordic Transport Group A/S. Anton Truvé of Clearwater International acted as financial advisor to Litorina. Delphi acted as legal advisor to NTG Nordic Transport.


ę S&P Capital IQ 2021
All news about NTG NORDIC TRANSPORT GROUP A/S
09/01Ntg Nordic Transport Group A/S Revises Earnings Guidance for the Year 2021
CI
09/01NTG Nordic Transport Group A/S completed the acquisition of LGT Logistics AB.
CI
08/17Nordic Transport Group Provides Earnings Guidance for the Year 2021
CI
08/16Ntg Nordic Transport Group A/S Reports Earnings Results for the Second Quarter Ended Ju..
CI
08/06NTG Nordic Transport Group A/S announces Ulrik Ross to Step Down from the Board of Dire..
CI
07/16NTG Nordic Transport Group A/S entered into a conditional share purchase agreement to a..
CI
07/01NTG Nordic Transport Group A/S Raises Earnings Guidance for the Year 2021
CI
05/17NTG Nordic Transport Group A/S Announces Unaudited Consolidated Earnings Results for th..
CI
05/03NTG NORDIC TRANSPORT A/S : acquires Neptun Transport A/S
PU
05/03NTG Nordic Transport Group A/S Provides Earnings Guidance for the Full Year of 2021
CI
More news
Financials
Sales 2021 7 007 M 1 106 M 1 106 M
Net income 2021 288 M 45,5 M 45,5 M
Net Debt 2021 754 M 119 M 119 M
P/E ratio 2021 39,3x
Yield 2021 -
Capitalization 11 170 M 1 763 M 1 763 M
EV / Sales 2021 1,70x
EV / Sales 2022 1,45x
Nbr of Employees 1 469
Free-Float 60,4%
Chart NTG NORDIC TRANSPORT GROUP A/S
Duration : Period :
NTG Nordic Transport Group A/S Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NTG NORDIC TRANSPORT GROUP A/S
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Last Close Price 500,00 DKK
Average target price 550,00 DKK
Spread / Average Target 10,0%
EPS Revisions
Managers and Directors
Michael Larsen Group Chief Executive Officer
Christian D. Jakobsen Group Chief Financial Officer
Eivind Drachmann Kolding Chairman
Jesper Praestensgaard Director
J°rgen Hansen Vice Chairman
Sector and Competitors