Market: Copenhagen | Symbol: UIE | ISIN: MT0002400118 | Industry: Food & Beverage |
UIE is a holding company investing in the agro-industry as well as industrial and technology sectors.
UIE exercises long-term and active ownership through direct board or Investment Committee representation as well as close collaboration with the respective management of our portfolio companies.
We are committed to investing in companies that value sustainability as one of their key guiding principles, thereby making a positive impact on society and the environment at large.
We invest in the agro-industrial sector and in other industries where we can use our experience and network to obtain synergies and long-term growth. By investing in a portfolio of companies with a long-term perspective, we believe most value is created for our shareholders.
UIE was founded in 1982 and is listed on Nasdaq Copenhagen. Our investment portfolio currently consists of:
United Plantations Berhad (“UP”)
UP is a leading plantation company with agricultural investments in Malaysia and Indonesia, where it is involved in the certified sustainable cultivation of oil palms and coconuts and processing of high-quality palm oil into value-added palm fractions for the speciality fats and chocolate industry.
Schörling AB (“Schörling”)
Schörling is an active investment company working for long-term industrial development with ownership in six companies, of which five are publicly listed.
Greenbridge Sàrl (“Greenbridge”)
Greenbridge is an active investment company focusing on technology businesses with ownership in four companies.
KEY FIGURES (USD ‘000) | |||
INCOME STATEMENT | 2021 | 2022 | 2023 |
Revenue | 488,610 | 573,271 | 438,658 |
Profit before income tax | 211,776 | 101,817 | 250,321 |
Net profit | 173,295 | 48,928 | 200,709 |
Net profit attributable to owners of the Company | 108,126 | -22,099 | 120,671 |
BALANCE SHEET | |||
Current assets | 374,242 | 386,878 | 350,225 |
Cash and bank balances | 140,040 | 200,441 | 175,090 |
Short-term funds | 42,654 | 54,998 | 11,691 |
Non-current assets | 813,763 | 736,171 | 757,595 |
Total assets | 1,188,005 | 1,123,049 | 1,107,820 |
Total liabilities | 127,033 | 107,190 | 100,444 |
Equity attributable to owners of the Company | 717,393 | 663,961 | 673,891 |
Non-controlling interests | 343,579 | 351,898 | 333,485 |
Total equity | 1,060,972 | 1,015,859 | 1,007,376 |
FINANCIAL RATIOS | |||
Earnings per share attributable to owners of the company (USD) | 3.31 | -0.69 | 3.75 |
Share price, end of period (USD) | 28.33 | 25.60 | 27.87 |
Share price, end of period (DKK) | 186.00 | 178.50 | 188.00 |
Return on equity (% | 15.30 | -3.20 | 18.04 |
Solvency ratio (%) | 89.31 | 90.46 | 90.93 |
Total shares issued end of year | 33,727,690 | 32,227,690 | 32,227,690 |
Average outstanding shares | 32,686,980 | 32,203,188 | 32,208,474 |