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Norditek year-end report 2022/23

October 24, 2023 Regulatory

Summary of the period Sept 2022 - Aug 2023

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Net sales amounted to SEK 91,641 thousand (71,656), an increase of 27.9 percent compared to the previous year.

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Profit before depreciation (EBITA) amounted to SEK 13,811 thousand (13,279), corresponding to an EBITA margin of 15.1 percent (18.5).

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Operating profit (EBIT) amounted to SEK 9,722 thousand (9,254), corresponding to an EBIT margin of 10.6 percent (12.9).

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Both EBITA and EBIT have been negatively affected by currency translation effects of SEK -1,036 thousand (630).

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Earnings per share before dilution SEK 0.38 (0.56).

Summary of the period June - August 2023

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Net sales amounted to SEK 11,080 thousand (16,679), a decrease of 33.6 percent compared to the previous year. The low turnover is part of normal variations in project deliveries between quarters.

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EBITA amounted to SEK -1,997 thousand (2,771), corresponding to an EBITA margin of -18.0 percent (16.6).

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Operating profit (EBIT) for the period amounted to SEK -3,019 thousand (1,758), corresponding to an EBIT margin of -27.2 percent (10.5).

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Earnings per share before dilution SEK -0.26 (0.16).

Events in the period June - August 2023

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There are no significant events to report during the period.

Events after the end of the period

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Eric Johansson, Deputy CEO, terminates his employment at Norditek and resigns from the Board.

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 October 24, 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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