Why Rejlers stock moves
Rejlers fell sharply.
Written after the close on ·
Why today
16,292 news analyzed todayRejlers fell sharply.
The most recent session brought a new contract win: Rejlers and Aventi, working for Skanska, won an engineering assignment for Hydro's new aluminium wire plant in Norway.
That news reached the market that day, but a contract of this kind is unlikely to have driven the sharp fall on its own.
Earlier this week, Rejlers reported weaker third-quarter profit, with EBITA (earnings before interest, tax and amortisation) down because of the war in Iran hitting its Abu Dhabi work and delayed Norwegian infrastructure projects.
That is the likeliest backdrop for the decline.
Today's move of −2.85% was 3.3 times a normal day's 0.9%. OMX Stockholm 30 moved −0.32% on the same day.
Rejlers −2.85%OMX Stockholm 30 −0.32%Much weaker than the market
What analysts expect, and how often they have been right
Analysts’ estimates for Rejlers.
Rejlers earned more than expected in 3 out of 8 reports.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 2 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 134.80 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 7.00 SEK (February 11). For the current fiscal year, expected earnings per share changed from 12.13 SEK three months ago to 12.40 SEK now. 2026 estimate: 12.40 SEK. 2027 estimate: 15.80 SEK. One analyst made these estimates. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. November 5: Buy about 138 thousand SEK. November 4: Buy about 750 thousand SEK. November 3: Buy about 556 thousand SEK. November 3: Buy about 4 thousand SEK. October 2: Buy about 102 thousand SEK.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +34% and earnings per share −13%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn SEK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 3.1 bn SEKRevenue 2025: 4.7 bn SEK
What the key figures say about Rejlers
The figures connect what Rejlers earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 8.32 SEK–10.03 SEK. Peers: Enento Group 0.62 EUR, SIBEK 2.31 SEK, Bureau Veritas 1.13 EUR. 2026 estimate: 12.40 SEK (12.40 SEK–12.40 SEK). 2027 estimate: 15.80 SEK (15.80 SEK–15.80 SEK).
What the company sold during the year.
2022–2025: 3.5 bn SEK–4.7 bn SEK. Peers: Enento Group 157 m EUR, SIBEK 178 m SEK, Bureau Veritas 6.7 bn EUR. 2026 estimate: 5.0 bn SEK (5.0 bn SEK–5.0 bn SEK). 2027 estimate: 5.4 bn SEK (5.4 bn SEK–5.4 bn SEK).
The percentage of revenue left after the costs of running the business.
2022–2025: 7.4%–8.1%. Peers: Enento Group 16.9%, SIBEK 16.3%, Bureau Veritas 14.5%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 9.4%–13.2%. Peers: Enento Group 5.6%, SIBEK 35.3%, Bureau Veritas 32.9%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 14.1–21.7. Peers: Enento Group 26.6, SIBEK 19.7, Bureau Veritas 26.5. 2026 estimate: 10.9. 2027 estimate: 8.5.
What investors pay for each unit the company sells.
2022–2025: 0.66–0.90. Peers: Enento Group 2.48, SIBEK 2.59, Bureau Veritas 1.96. 2026 estimate: 0.61. 2027 estimate: 0.57.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 0.00 SEK–5.00 SEK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 2.2%–3.7%. Peers: Enento Group 6.1%, SIBEK 3.7%, Bureau Veritas 3.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 0.89–1.40. Peers: Enento Group 3.45, SIBEK -1.33, Bureau Veritas 1.71.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 1.50–2.04. Peers: Enento Group 1.52, SIBEK 6.74, Bureau Veritas 8.02.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 11.6–18.2.
Cash left after investments, divided by the number of shares.
2022–2025: 10.84 SEK–16.72 SEK. Peers: Enento Group 1.67 EUR, SIBEK 1.89 SEK, Bureau Veritas 1.94 EUR.
The percentage of assets financed by shareholders’ equity.
2022–2025: 49.4%–52.8%.
The dividend explained
A dividend is money paid to shareholders. Rejlers paid 5.25 SEK per share in the twelve months through November 5, 2026.
On the ex-dividend day, April 30, 2026, Rejlers traded without the right to the 5.25 SEK dividend. The price went from 146.80 SEK to 145.00 SEK; including the dividend, the day's change was +2.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 0.00 SEK2018: 0.50 SEK2019: 1.00 SEK2020: 1.50 SEK2021: 3.50 SEK2022: 3.00 SEK2023: 4.50 SEK2024: 4.50 SEK2025: 5.00 SEK2026 so far: 5.25 SEK
What followed similar falls?
Including reinvested dividends, Rejlers fell 8.7% over the latest five trading days. Since November 4, 2016, falls at least this large were followed by a higher value 21 trading days later in 12 out of 18 non-overlapping periods. The median was +4.0%, against +0.4% for an ordinary 21-day period, which ended higher 52 times in 100.
Such a fall has not said much about the next month.
+4.0% · 12/18
What to watch next, and why
The earnings report shows how Rejlers's revenue and profit have changed.
- Earnings report
The earnings report shows how Rejlers's revenue and profit have changed.
Add to calendar
More about Rejlers
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Viktor Svensson, CEOBuyabout 138 thousand SEK
- Jangunnar AB, board memberBuyabout 750 thousand SEK
- Patrik Boman, board memberBuyabout 556 thousand SEK
- Åke Forslund, board memberBuyabout 4 thousand SEK
- Malin Sparf Rydberg, senior executiveBuyabout 102 thousand SEK
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Rejlers usually moved about 2.3%. On a normal day it moves 0.9%.
−7.95% Why? +3.20% −2.26% −2.60%
10,000 SEK in Rejlers bought on November 7, 2016 is worth 24,800 SEK today, with dividends reinvested.
What would 10,000 SEK in Rejlers be worth today? →
What would 10,000 SEK in Rejlers be worth today?
24,800 SEK
with dividends reinvested, bought on November 7, 2016.
At worst it was worth 7,270 SEK (February 6, 2018).
The five biggest days of the journey
· +18.1% · the whole market rose 0.3% the same day
· −12.4% · the whole market fell 3.4% the same day
· −11.5% · the whole market fell 10.6% the same day
· +10.8% · the whole market rose 0.8% the same day · report day
· +10.2% · the whole market fell 0.1% the same day · report day
Earlier days
−9.53% market −0.11% Rejlers fell very sharply over the week, while the wider Stockholm market was roughly flat. Read →
Rejlers fell very sharply over the week, while the wider Stockholm market was roughly flat.
The move was rare for the stock, with moves that big seen only about twice in the past year.
Earnings for the third quarter came in weaker than last year, mainly from the Iran war hitting Abu Dhabi and delayed Norwegian infrastructure projects.
Next, the company's full-year results are due on 11 February 2027.
+1.01% market +0.83% Rejlers rose clearly, in line with the market. Read →
Rejlers rose clearly, in line with the market.
Over the last five trading days the stock fell sharply, against a slightly rising OMX Stockholm 30.
That fall is a big move for Rejlers, likely driven by weak Q3 profitability, with EBITA down and the Iran war hurting its UAE operations.
Next, the company reports on Friday 5 February 2027.
−7.95% market −0.08% Rejlers fell very sharply that day. Read →
Rejlers fell very sharply that day.
Its Q3 2026 report showed sales up but EBITA and EBIT down, hit by Middle East disruption and delayed Norwegian projects.
Over five trading days the stock fell sharply, moving against a slightly rising market.
Trading volume was well above normal.
+1.64% market +3.01% Rejlers rose slightly over the week's trading days, moving less than the broader market. Read →
Rejlers rose slightly over the week's trading days, moving less than the broader market.
The company won several new assignments, which likely supported sentiment.
Rejlers was commissioned to plan pumping stations for Kraftringen's district heating pipeline between Lund and Lomma on Wednesday, 28 October.
+3.01% market +0.33% Rejlers rose, outperforming a slightly higher OMX Stockholm 30. Read →
Rejlers rose, outperforming a slightly higher OMX Stockholm 30.
The most likely driver is news from that session: Rejlers was commissioned by Kraftringen Energi to plan new pumping stations on the Lund-Lomma district heating pipeline.
Over the last five trading days the stock rose very sharply, a big move for Rejlers.
Trading volume was well below its usual level, so the move came on thin trading.
Next, the company reports results on Tuesday 3 November 2026, which may bring fresh price moves.
+5.77% market −3.67% Rejlers rose sharply over the last five trading days, moving against a market that fell sharply. Read →
Rejlers rose sharply over the last five trading days, moving against a market that fell sharply.
The move was big for the company, rare in the past year.
Shareholders also approved the planned merger with Multiconsult on Monday, which likely helped sentiment.
Next, the company reports earnings on Tuesday 3 November, which investors will watch closely.
+2.70% market −2.51% Rejlers rose sharply, against a falling market. Read →
Rejlers rose sharply, against a falling market.
No company news explained the move that day.
Rejlers moved against OMX Stockholm 30, which fell sharply over the same session.
The move was big for Rejlers, and such moves happened about 10 times in the past year.
Over the last five trading days the shares rose sharply, while the market fell clearly.
+1.59% market +0.17% Rejlers rose clearly after winning a nationwide Transport Administration deal. Read →
Rejlers rose clearly after winning a nationwide Transport Administration deal.
A framework agreement is a contract that sets terms for work called off as needed.
Over the last five trading days, Rejlers rose clearly while the OMX Stockholm 30 index fell slightly, so it moved against the market.
In the last session the index was roughly flat, so the gain was company-specific.
Learn more · Why do stocks go up and down?