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Actic: Management changes with CEO leaving - SEB

Actic Group has announced the departure of CEO Anders Carlbark who will join STC Training Club (main owner Novax, Axel Johnson's investment group). The recruitment process for a new CEO has been initiated and CFO Anna Eskhult is the interim CEO. Board member Olav Thorstad (CEO of main peer SATS in 2007-2018) will support the operational and strategic processes. While the equity risk premium could increase short term, we reiterate our SEK 25 midpoint DCF equity value in Actic.

Actic Group has announced the departure of CEO Anders Carlbark who will join STC Training Club (main owner Novax, Axel Johnson's investment group). The recruitment process for a new CEO has been initiated and CFO Anna Eskhult is the interim CEO. Board member Olav Thorstad (CEO of main peer SATS in 2007-2018) will support the operational and strategic processes. While the equity risk premium could increase short term, we reiterate our SEK 25 midpoint DCF equity value in Actic.
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