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Added to YB: 2026-07-28

Pitch date: 2026-07-24

KARNEL-B.ST [neutral]

Karnell Group AB (publ)

+3.7%

current return

Author Info

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Company Info

Karnell Group AB (publ) is a private equity firm specializing in investments in add-on acquisitions, expansion and small and medium-sized companies.

Market Cap

SEK 4.6B

Pitch Price

SEK 86.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

13.63

P/E

28.48

EV/Sales

2.78

Sector

Industrial Conglomerates

Category

growth

Show full summary:
Karnell is crushing it

KARNEL-B.ST (holding update): Swedish midcap serial acquirer (<$500m cap) following Lifco/Indutrade/Addtech blueprint, ex-Lagercrantz CEO w/ skin in game. Q2: 36% sales growth (17% organic), 60% EBITA growth, 17% margin (up from 14.6%), OCF 3x to SEK60m, 1.9x debt/EBITA. +50% since Feb, +15% on report. Author didn't add post-surge—watching for pullback.

Read full article (2 min)