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Norditek Interim Report for September - November 2021

January 31, 2022 -

Summary of the period

- Net sales amounted to SEK 8,384 thousand, a pro forma decrease of 22.0 percent compared to the previous year.
- Operating profit (EBIT) for the period amounted to SEK -1,313 thousand, corresponding to an EBIT margin of -15.7 percent.
- Profit before depreciation (EBITA) amounted to SEK -310 thousand, corresponding to an EBITA margin of -3.7 percent.
- Earnings per share before dilution -0.15 SEK

"In connection with Our IPO and in the media in general, we are currently seeing a large impact on issues related to the circular transition of material handling. We hear about the cement crisis, the energy crisis, high metal prices, plastic recycling, recycling of excavation materials and other issues related to the technology and machines that Norditek offers the market. This is a very positive development for the industry, society and Norditek. With that wind at our backs, together with a high level of activity in the business right now, we continue to work towards a circular future." says Daniel Carlberg, President and CEO, Norditek Group AB, Gothenburg, January 31, 2022.

Read the full report in the attached pdf.

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