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Norditek Group AB interim report for Q3 2022/23

July 25, 2023

Summary of the period March - May 2023

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Net sales amounted to SEK 21,418 thousand (12,678), an increase of 68.9 percent compared to the previous year.

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Profit before depreciation (EBITA) amounted to SEK 1,599 thousand (3,219), corresponding to an EBITA margin of 7.5 percent (25.4).

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Operating profit (EBIT) for the period amounted to SEK 586 thousand (2,216), corresponding to an EBIT margin of 2.7 percent (17.5), affected by currency translation effects of SEK -686 thousand (705).

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Earnings per share before dilution SEK -0.03 (0.10).

Summary of the period Sept 2022 - May 2023

- Net sales amounted to SEK 80,561 thousand (54,977), an increase of 46.5 percent compared to the previous year.
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Profit before depreciation (EBITA) amounted to SEK 15,808 thousand (10,508), corresponding to an EBITA margin of 19.6 percent (19.1).

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Operating profit (EBIT) for the period amounted to SEK 12,741 thousand (7,496), corresponding to an EBIT margin of 15.8 percent (13.6), affected by currency translation effects of SEK -867 thousand (52).

- Earnings per share before dilution SEK 0.64 (0.41).

Events in the period March - May 2023

- Norditek is building a unique test and competence center for recycling in Kungsbacka.

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 July 25, 2023.

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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