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ABG SUNDAL COLLIER HOLDING ASA

Sector unknown·ABG · Oslo Børs·Fiscal year to 31/12/2024

Artificial intelligenceDigitalisationLabour and wagesInterest ratesReal estate

Exposure profile

Raw materials and inputsMacroTechnologyRegulationEnd marketsGeography
Raw materials and inputs Labour and wages
Macro Interest rates, Geopolitical uncertainty, Tariffs and trade policy, Business cycle and GDP growth
Technology Artificial intelligence, Digitalisation
Regulation Defence budgets
End markets Real estate
Geography Europe, China

Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.

In their own words

Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.

Labour and wages

Raw materials and inputs

StrategyPositive impact: strengthens

“Our three key enablers are People, Technology, and Brand. As a people-driven business, our success starts with talent. We are enhancing our processes and infrastructure to not only attract top professionals but also foster a collaborative culture where collective performance exceeds individual contributions.”

Annual report 2024A · The company itself

StrategyPositive impact: strengthens

“ABGSC’s culture is defined by the fact that a large portion of our employees are partners in the firm.”

Annual report 2024A · The company itself

Real estate

End markets

DriverNegative impact: weakens

“The real estate market remained challenging throughout 2024.”

Annual report 2024A · The company itself

Market

“ABGSC also offers real estate investment opportunities through a pan-Nordic platform comprising the fully owned subsidiary ABG Project Finance, which operates in Norway and Denmark, and the partly owned ABG Fastena, covering Sweden and Finland.”

Annual report 2024A · The company itself

Chains in: Interest rates weakens

Artificial intelligence

Technology

StrategyPositive impact: strengthens

“We are also accelerating the adoption of new technology to enhance productivity and efficiency. We believe we are well positioned to benefit from the rapid development of AI and other emerging technologies, with a clean and modern IT infrastructure and an agile and lean operation.”

Annual report 2024A · The company itself

Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry

Banks and insurance

End markets

Market

“Within the Debt Capital Market (DCM), ABGSC focuses on the non-investment grade bond segment.”

Annual report 2024A · The company itself

Digitalisation

Technology

StrategyPositive impact: strengthens

“We are also accelerating the adoption of new technology to enhance productivity and efficiency. We believe we are well positioned to benefit from the rapid development of AI and other emerging technologies, with a clean and modern IT infrastructure and an agile and lean operation.”

Annual report 2024A · The company itself

Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT

Geopolitical uncertainty

Macro

DriverNegative impact: weakens

“The key risk for 2025 are big political events that could alter the picture. Trade wars, stricter immigration policies, more frequent natural disasters, continued diplomatic conflicts, and pressure on NATO members to increase defence spending, are all signals of an unclear landscape.”

Annual report 2024A · The company itself

DriverNegative impact: weakens

“With looming geopolitical and macroeconomic uncertainty, it is fair to say that all our business segments are not running at full speed.”

Annual report 2024A · The company itself

DriverNegative impact: weakens

“2024 was marked by geopolitical turbulence including the U.S. election and persistent inflation during the autumn. These factors dampened expectations for more substantial interest rate cuts, which held back investors’ risk appetite.”

Annual report 2024A · The company itself

Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine

Interest rates

Macro

DriverNegative impact: weakens

“Growth disappointments were seen in Europe and China, and this triggered a policy response. Europe and other central banks have cut interest rates by 100-150bps as inflation has come under control and growth has weakened.”

Annual report 2024A · The company itself

DriverPositive impact: strengthens

“Despite the cuts, long term interest rates are stable, although they are at the high end of the levels seen over the past two years.”

Annual report 2024A · The company itself

DriverNegative impact: weakens

“2024 was marked by geopolitical turbulence including the U.S. election and persistent inflation during the autumn. These factors dampened expectations for more substantial interest rate cuts, which held back investors’ risk appetite.”

Annual report 2024A · The company itself

Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction

Business cycle and GDP growth

Macro

DriverNegative impact: weakens

“With looming geopolitical and macroeconomic uncertainty, it is fair to say that all our business segments are not running at full speed.”

Annual report 2024A · The company itself

DriverNegative impact: weakens

“In 2024, the Nordic M&A market showed some growth compared to the relatively subdued activity seen in 2023. While buyers and sellers still faced challenges aligning their price expectations, the gap began to narrow. Despite these improvements, dealmakers remained cautious, with economic uncertainties, inflation concerns and geopolitical tensions continuing to impact M&A activity.”

Annual report 2024A · The company itself

Chains out: this strengthens Global trade volumes, strengthens Construction

Equity and capital markets

Macro

DriverNegative impact: weakens

“The market for raising new equity and initial public offerings has remained sluggish, but the activity within high-yield bonds have been close to all-time highs.”

Annual report 2024A · The company itself

DriverNegative impact: weakens

“At the start of the year, the ECM segment remained sluggish, characterised by a lack of IPOs and other primary capital market activities.”

Annual report 2024A · The company itself

China

Geography

DriverNegative impact: weakens

“Growth disappointments were seen in Europe and China, and this triggered a policy response. Europe and other central banks have cut interest rates by 100-150bps as inflation has come under control and growth has weakened.”

Annual report 2024A · The company itself

Europe

Geography

DriverNegative impact: weakens

“Growth disappointments were seen in Europe and China, and this triggered a policy response. Europe and other central banks have cut interest rates by 100-150bps as inflation has come under control and growth has weakened.”

Annual report 2024A · The company itself

Housing market

Macro

DriverNegative impact: weakens

“The real estate market remained challenging throughout 2024.”

Annual report 2024A · The company itself

Chains in: Interest rates weakens
Chains out: this strengthens Construction, strengthens Residential construction

Inflation

Macro

DriverNegative impact: weakens

“2024 was marked by geopolitical turbulence including the U.S. election and persistent inflation during the autumn. These factors dampened expectations for more substantial interest rate cuts, which held back investors’ risk appetite.”

Annual report 2024A · The company itself

Chains out: this weakens Consumer spending, strengthens Interest rates

Tariffs and trade policy

Macro

DriverNegative impact: weakens

“The key risk for 2025 are big political events that could alter the picture. Trade wars, stricter immigration policies, more frequent natural disasters, continued diplomatic conflicts, and pressure on NATO members to increase defence spending, are all signals of an unclear landscape.”

Annual report 2024A · The company itself

Chains in: Geopolitical uncertainty strengthens
Chains out: this weakens Global trade volumes

Defence budgets

Regulation

DriverPositive impact: strengthens

“Trade wars, stricter immigration policies, more frequent natural disasters, continued diplomatic conflicts, and pressure on NATO members to increase defence spending, are all signals of an unclear landscape.”

Annual report 2024A · The company itself

Chains in: Geopolitical uncertainty strengthens, Reconstruction of Ukraine mixed effect
Chains out: this strengthens Defence industry

Competitors mentioned in the report

No named competitors in the report.

Financial figures

Revenue
latest fiscal year
1.93 bn NOK
Revenue growth
vs. the year before, same method
13.2 %
EBITDA
reported by the company
0.5 bn NOK
Net debt
debt incl. leasing minus cash
N/A
Diluted EPS
per share
0.56 NOK

Source: annual report (ESEF) A. See the report

Criteria

Profit✓
Growing✓
Healthy balance sheetN/A

Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.

Figures are in the report's currency (NOK), not converted to DKK. Quotes are shown as the company's own words in the report's original language.

This page describes what the company itself writes. It isn't an assessment and isn't a recommendation. Run an analysis to see how the company connects to your view.