The Duni Share

TOP 10 SHAREHOLDERS

Shareholders September 30, 2015Number of sharesPercentage
Mellby Gård Investerings AB 14 094 500 29,99%
Carnegie fonder 4 160 082 8,85%
Polaris Capital Management LLC 4 150 881 8,83%
Swedbank Robur fonder 3 217 451 6,85%
Lannebo fonder 2 468 603 5,25%
State Street Bank & Trust Com., Boston 2 157 586 4,59%
Handelsbanken Fonder AB 1 956 321 4,16%
JPM Chase NA 1 823 529 3,88%
Odin Fonder 1 113 951 2,37%
Mellon US 966 686

2,06%

SHAREHOLDER DISTRIBUTION

ShareholderNumber of sharesPercentage
Sweden 31 844 005 67,75%
USA   8 736 380 18,59%
Other countries   6 418 647 13,66%

analysts

ABG Sundal Collier

Andreas Lundberg

+46 8 566 286 51

andreas.lundberg@abgsc.se

Handelsbanken Capital Markets

Karri Rinta

+46 8 701 3636

kari05@handelsbanken.se

SEB Enskilda Equities

Stefan Cederberg

+46 8 522 295 83

stefan.cederberg@seb.se

Carnegie Investment  Bank AB

Fredrik Villard

+46 8 588 687 47

fredrik.villard@carnegie.se

Insiders

Financial targets

Duni has financial targets as regards growth, profitability and dividends. During 2014, Duni has seen strong growth, both organically and through acquisitions.

Sales growth 5%

Duni’s target is to achieve average organic growth in sales in excess of 5% per year over a business cycle. In addition, Duni may consider acquisitions in order to access new growth markets or strengthen its position on existing markets.

Target fulfillment in 2014: the core business (excluding acquisitions and the hygiene product business) achieved currency-adjusted organic growth of 3.9%. The division into business areas closer to the customers create a more nimble, customer-oriented sales organization with improved knowledge and understanding of market needs.

OPERATING MARGIN, 10%

Duni’s target is an operating margin of 10% or more. Profitability is to be increased through sales growth, continued focus on premium products, and continued improvements within purchasing and production.

Target fulfillment in 2014: the operating margin target was exceeded and reached 11.2%. The strengthened margin is largely due to continued efficiency improvements and the acquisition of Paper+Design.

DIVIDEND, 40% OF INCOME AFTER TAX

It is the Board’s intention that, in the long term, dividends shall amount to at least 40% of income after tax.

Target fulfillment in 2014: solid earnings continue to be generated and thus the Board proposes a dividend of SEK 4.50, i.e. dividends for 2014 shall equal 66% of income after tax.

Investor Relations contact

Mats Lindroth

CFO

mats.lindroth@duni.com
Tel +46 40 10 62 00

Tina Andersson

Corporate Marketing & Communications Director

tina.andersson@duni.com
Tel +46 40 10 63 82 

Duni AB

Tel +46 40 10 62 00
Fax +46 40 39 66 30
info@duni.com