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Norditek interim report for March 2022 - May 2022

July 29, 2022 -

Summary of the period March 2022 - May 2022

- Net sales amounted to SEK 12,678 thousand, a pro forma decrease of -54.6 percent compared to the previous year.
- Profit before depreciation (EBITA) amounted to SEK 3,222 thousand, corresponding to an EBITA margin of 25.4 percent.
- Operating profit (EBIT) for the period amounted to SEK 2,216 thousand, corresponding to an EBIT margin of 17.5 percent.
- Earnings per share before dilution SEK 0.10

"Q3 was a quarter with continued high activity in terms of rentals, orders and development of the business. Several new modules that increase the recycling rate of customers' materials have been developed and launched during the quarter. Unfortunately, the global delivery problems continue to cause delays in deliveries, which in turn has affected invoicing. These delays can be estimated to reduce invoicing by approximately SEK 20 million. However, the delays have not, as far as can be assessed, affected the order intake. Order intake remains good." says Daniel Carlberg, President and CEO, Norditek Group AB, Gothenburg, July 29, 2022.

Read the full report in the attached pdf.

This information is information that Norditek Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, on April 12, 2022.

The shares in Norditek Group AB are traded on Nasdaq First North Growth Market. Certified Adviser is Partner Fondkommission AB with e-mail address info@partnerfk.se and telephone number +46 31 761 22 30.

For further information, please contact

Daniel Carlberg, President and CEO, Norditek Group AB

daniel.carlberg@norditek.se

070-219 04 91 

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