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Added to YB: 2026-01-16

Pitch date: 2026-01-02

HAYPP.ST [neutral]

Haypp Group AB (publ)

-14.27%

current return

Author Info

Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.

Company Info

Haypp Group AB (publ) operates as an online retailer of tobacco-free nicotine pouches and snus products in Sweden, Norway, the rest of Europe, and the United States.

Market Cap

SEK 4.1B

Pitch Price

SEK 147.20

Price Target

N/A

Dividend

N/A

EV/EBITDA

27.13

P/E

71.80

EV/Sales

1.13

Sector

Specialty Retail

Category

growth

Show full summary:
Night Watch Investment Management Portfolio Holding: Haypp Group AB

HAYPP.ST (holding update): Largest ecommerce platform for nicotine pouches, top performer 2024. Regulatory setbacks resolved in 2025, strong execution continued. September reintroduced Zyn at lower cost vs historical, setting up growth acceleration at high margins in 2026.

Read full article (1 min)