VBG Group AB (publ)
VBG Group AB (publ) operates in the consumer goods sector, primarily through its ownership of the Vipp brand, which designs and sells premium furniture and lifestyle products.
Business. VBG Group AB (publ) is a consumer goods conglomerate headquartered in Sweden. The company is primarily listed on the Nasdaq Stockholm exchange under the ticker symbol VBGB.ST. Specific details regarding its operating segments and geographic mix are not provided.
Analyst recommendations
1 analysts · consensus BuyAt a glance
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
VBG Group AB (publ) is a consumer goods conglomerate headquartered in Sweden. The company is primarily listed on the Nasdaq Stockholm exchange under the ticker symbol VBGB.ST. Specific details regarding its operating segments and geographic mix are not provided.
VBG Group maintains a conservative capital structure with a debt-to-equity ratio of 0.44, indicating a relatively low reliance on debt financing. The company's liquidity position is characterized as medium risk, with a current ratio of 4.55, suggesting strong short-term liquidity. However, the company's net cash position is negative after subtracting total debt, which introduces some liquidity risk.
In terms of profitability, VBG Group's return on equity (ROE) of 10.64% and return on assets (ROA) of 5.96% are in line with the industry's preferred metrics, which emphasize asset efficiency and equity returns. The company's operating margin of 12.06% (calculated from operating income of 650.5 million SEK on revenue of 5.394 billion SEK) is a key indicator of its operational efficiency.
VBG Group's revenue is concentrated in a single brand, Vipp, which operates globally but is particularly strong in Europe and Asia. The company's geographic exposure is not disclosed in detail, but its brand presence in these regions suggests a significant portion of revenue is derived from these markets.
The company's growth trajectory is modest, with no specific revenue growth projections provided in the current fiscal year. However, the company's free cash flow of 102.9 million SEK and operating cash flow of 531 million SEK indicate a capacity to fund operations and potentially reinvest in the business. Analysts have provided a mean price target of 435.00 SEK, with a single "buy" recommendation and no "strong buy" ratings.
VBG Group faces moderate risk from liquidity constraints, as noted by the negative net cash position after debt. The company's dilution risk is assessed as low, with no significant dilution potential in the near term. The company has not issued any recent equity, and there are no indications of imminent share dilution.
Recent events include the company's continued focus on the Vipp brand, with no major new product launches or strategic acquisitions disclosed in the latest financial reports. The company's capital expenditure of -316.9 million SEK suggests a reduction in capital spending, which may be a strategic move to preserve cash.
- VBG Group maintains a conservative capital structure with a debt-to-equity ratio of 0.44.
- The company's ROE of 10.64% and ROA of 5.96% are in line with industry standards.
- VBG Group's revenue is concentrated in the Vipp brand, with significant exposure to Europe and Asia.
- Analysts have provided a mean price target of 435.00 SEK, with a single "buy" recommendation.
- The company's liquidity risk is moderate, with a current ratio of 4.55 but a negative net cash position after debt.
- VBG Group has not issued any recent equity, and there are no indications of imminent share dilution.
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- Net cash is negative after subtracting total debt.
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- VBG Group AB (publ) Market data — financials · 2026-05-29
- VBG Group AB (publ) Market data — analyst estimates · 2026-05-29
Ownership & reference
Leadership
- Anders ErkenPresident, Chief Executive Officer, Director