Why invest in Sif Holding NV

Shareholder Information

Sif is active in the accelerating offshore wind market. The drive for energy independence and the unstable geopolitical environment create a strong political commitment evidenced by planned capacity targets.  The healthy market conditions are already reflected in  Sif's strong orderbook and pipeline

There is a paradigm market change. The call for larger capacity turbines is causing a shift to next generation 3XL monopile foundation . The supply-demand imbalance is significant and expected to stay for the next years. 

Sif is the leading manufacturer of monopile foundations and the expansion of its facilities will enforce leadership. With the expansion investment, Sif is capitalizing on the unprecedented market momentum . Sif is the partner of choice due to best-in-class value proposition  and is a top-rated ESG and ‘green’ offshore wind player.

Sif is securing a new Growth and Value story.  EBITDA is expected to quadruple on 2022 to ≥ €160m by 2026, which would result in:  ≥ 90% cash conversion. The target payback period for the expanded facilities is 3-4 years 

Sif shares commenced trading at Euronext Amsterdam on 12 May 2016. In this section you will find investor related documents and information.

At Sif, we think it is important to provide our investors with the most detailed information as possible on our performance and financial results. Our Investor Relations policies are in line with the industry’s best practices and corporate governance standards. We also strive for openness and transparency in all our communications and engagements with financial stakeholders. Relevant information such as financial results and documents for shareholder meetings can be found in the sections below. Please do not hesitate to contact our Investor Relations department if you have any questions or comments.

Share Capital

Sif Group is incorporated in the Netherlands and publicly listed on Euronext in Amsterdam since 12 May 2016, where its shares trade under the symbol SIFG. The ISIN code is NL0011660485. The shares of Sif Group have a nominal value of € 0.20 each. The share capital of Sif Group consists of 29,888,612 ordinary shares with 20 votes for each ordinary share.

On 30 March 2023 Sif issued 50,000 cumulative preference shares with nominal value of € 0.01 each to Equinor ASA. The cumulative preference share capital of Sif Group consists of 50,000 shares with 1 vote for each share.  The cumulative preference shares are not publicly traded. 

More information about Sif shares can be found on Euronext's website.


Shareholder meetings

The Annual General Meeting of Shareholders (“AGM”) is held once a year. An Extraordinary General Meeting of Shareholders (“EGM”) shall be held as often as the Management Board or the Supervisory Board deems desirable. Notice of general meetings shall be given no later than 42 days before the day of the meeting through the publication of a notice on our website.

All documents referring to past AGM's can be found in the Investor Assets Library.

Dividend policy

The Company expects to pay an ordinary dividend in line with Sif’s medium to long term financial performance and targets to increase dividends-per-Share over time. Sif envisages that, as a result of this policy, the ordinary dividend pay-out ratio will range between 25-40% of the Group’s profit in any given year. For the duration of the construction of the new factory at Maasvlakte 2, pay-out of a dividend is prohibited under the term loan arrangement.

Bilateral contact policy

Sif Group may engage from time to time in bilateral contacts with shareholders or potential shareholders. The purpose of these contacts is to explain the strategy and performance of Sif Group and ensure that in this way correct and adequate information is disseminated about the company. To these contacts, the Policy on Fair Disclosure and Bilateral Contacts applies

Sell side analist coverage

To create interest in the industry and in Sif as a company and an investment, Sif appreciates the coverage from sell side analysts. At this moment, Sif is covered by the following sell side analysts:

InstitutionName analistEmailadress analist
ABN AMRO ODDO BHFThijs BerkelderThijs.berkelder@aa-ob.com
Clarksons PlatouRoald Hartvigsenroald.hartvigsen@clarksons.com
HSBCSean McLoughlinsean.mcloughlin@hsbcib.com
HSBCAbhishek Kumarabhishek.kumar@hsbc.co.in
INGTijs HollestelleTijs.hollestelle@ing.com
KeplerAndre Mulderamulder@keplercheuvreux.com
Van Lanschot KempenJeremy Kincaidj.kincaid@vanlanschotkempen.com
ParetoJørgen Søvik OpheimJorgen.Opheim@paretosec.com
ParetoBard Rosefbard.rosef@paretosec.com
The IdeaMaarten Verbeekmaarten@theidea.nl