After five months of research on this year’s subject company Assa Abloy. Thursday the 23th of February saw the four finalist teams; Linköping University, KTH, Stockholm University and Lund University, in the 2017 Swedish IRC final present their recommendation and target price on Assa Abloy.

KTH’s written report impressed the graders. The judges, Thomas Brodin (Cliens), Fredrik Ahlin (IF), Charlotta Faxen (Lannebo Fonder), Martin Jacobsson (Handelsbanken Capital Markets), and Per Colleen (AP4) were equally convinced by the team’s HOLD recommendation. The team gave a very professional presentation supported by robust financial analysis and conclusions.

KTH was represented by Rasmus Wicklund (team captain), Alexander Andrésen, Max Talbak, Jakob Rolén and Edvin Berg. The team was mentored by Christian Guggenheim, CFA and had guidance from their faculty advisor Tomas Sörensson, Associate professor.

The Board of CFA Sweden would like to thank all the volunteers that made this year’s challenge a great success: mentors, graders, judges, Johan Lundin at Assa Abloy. A big thank you goes out to the challenge sponsors; Handelsbanken, FactSet and Kaplan Schweser.