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Norditek interim report for December 2021 - February 2022

April 12, 2022 - Regulatory

Summary of the period December 2021 - February 2022

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Net sales amounted to SEK 33,915 thousand, a pro forma increase of 136.2 percent compared to the previous year (see Proforma below).

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Profit before depreciation (EBITA) amounted to SEK 7,596 thousand, which corresponds to an EBITA margin of 22.4%.

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Operating profit (EBIT) for the period amounted to SEK 6,593 thousand, corresponding to an EBIT margin of 19.4 percent.

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Earnings per share before dilution SEK 0.39

"Q2 was a quarter with continued high activity in sales, deliveries and in the development of the business. Several new modules that increase the recycling rate of customers' materials have been developed and launched during the quarter. In Q2, both Covid and the Ukraine crisis had a significant impact on the outside world, which of course also affected our business, while the need for alternative energy supply and increased raw material prices create an opportunity for our business to contribute further to the circular transition." says Daniel Carlberg, President and CEO, Norditek Group AB, Gothenburg, April 12, 2022.

Read the full report in the attached pdf.

Daniel Carlberg, President and CEO, Norditek Group AB

daniel.carlberg@norditek.se

070-219 04 91 (http://tel:070-219 04 91)

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