News from Norditek

Summary of the period Jun 2024 - Aug 2024 - Net sales amounted to SEK 27,180 thousand (11,080), an increase of 145.3 percent compared to the previous year - Earnings before interest, taxes, depreciation and amortization (EBITA) amounted to SEK 2,543 thousand (-1,997), corresponding to an EBITA margin of 9.4 percent (-18.0) - Operating profit (EBIT) for the period amounted to SEK 1,516 thousand (-3 [...].

Summary of the period Jun 2024 - Aug 2024 - Net sales amounted to SEK 27,180 thousand (11,080), an increase of 145.3 percent compared to the previous year - Earnings before interest, taxes, depreciation and amortization (EBITA) amounted to SEK 2,543 thousand (-1,997), corresponding to an EBITA margin of 9.4 percent (-18.0) - Operating profit (EBIT) for the period amounted to SEK 1,516 thousand (-3 [...].

Norditek has secured an order from PreZero for the delivery of a mobile recycling plant for clay and soil stabilization. The innovative solution is specifically developed for soil stabilization of soils and clays, enabling for example the stabilization of contaminated clays for landfill as well as the reinforcement of land areas for housing construction.

Norditek has secured an order from PreZero for the delivery of a mobile recycling plant for clay and soil stabilization. The innovative solution is specifically developed for soil stabilization of soils and clays, enabling for example the stabilization of contaminated clays for landfill as well as the reinforcement of land areas for housing construction.

Summary of the period Mar 2024 - May 2024 - Net sales amounted to SEK 21,317 thousand (21,418), a decrease of -0.5 percent compared to the previous year - Earnings before interest, taxes, depreciation and amortization (EBITA) amounted to SEK 5,460 thousand (1,599), corresponding to an EBITA margin of 25.6 percent (7.5) - Operating profit (EBIT) for the period amounted to SEK 4,433 thousand (586), [...].

Summary of the period Mar 2024 - May 2024 - Net sales amounted to SEK 21,317 thousand (21,418), a decrease of -0.5 percent compared to the previous year - Earnings before interest, taxes, depreciation and amortization (EBITA) amounted to SEK 5,460 thousand (1,599), corresponding to an EBITA margin of 25.6 percent (7.5) - Operating profit (EBIT) for the period amounted to SEK 4,433 thousand (586), [...].

Summary of the period Dec 2023 - Feb 2024 - Net sales amounted to SEK 9,221 thousand (27,650), a decrease of 66.7 percent compared to the previous year - Earnings before interest, taxes and amortization (EBITA) amounted to SEK -1,365 thousand (5,045), which corresponds to an EBITA margin of -14.8 percent (18.2) - Operating profit (EBIT) for the period amounted to SEK -2,392 thousand (4 [...])

According to the notice published on December 21, 2023, the Annual General Meeting in Norditek Group AB, org. No. 559307-6986, was held on January 23, 2024.

Summary of the period Sept - Nov 2023 - Net sales amounted to TSEK 20,577 (31,493), a decrease of 34.7 percent compared to the previous year - Earnings before interest, taxes and amortization (EBITA) amounted to TSEK 3,120 (9,164), corresponding to an EBITA margin of 15.2 percent (29.1) - Operating profit (EBIT) for the period amounted to TSEK 2,093 (8,138), [...].

The shareholders of Norditek Group AB reg. no. 559307-6986 (the "Company" or "Norditek"), with registered office in Askim, are hereby invited to the Annual General Meeting on Tuesday, January 23, 2024 at 16.00. The general meeting will take place at Arkipelagen Företagscenter, Stora Åvägen 21, Askim in Gothenburg, Sweden

Norditek Group AB (publ) hereby announces that the annual report with accompanying audit report is available on the company's website https://norditek.se/finansiell-information/ (http://www.norditek.se/) 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 phone number +46 31 761 22 30. Contact person for the annual report: Bernice Wellsted, CFO bernice.wellsted@norditek.se 076-317 [...].

On October 23, Telge Återvinning was on site for delivery approval at Norditek. The order value of the procurement was SEK 8,630,199, with an option of an additional SEK 1,726,000 for Norditek's water bath. The plant will recycle everything from operational waste to soil material, foundry sand and other difficult-to-sort materials with increased capacity and degree of processing.

Nice profitable growth for the fiscal year despite fewer plant deliveries in the fourth quarter

Vice President and co-founder Eric Johansson announces that he is resigning from Norditek and at the same time leaving his position on the board of Norditek Group.

'Continued high growth'

Norditek develops mobile facilities that improve the recycling of large material flows in society, such as excavation and construction waste. Now they want to build a unique facility in Kungsbacka to accelerate the development of more solutions for the circular society.

"Continued good profitability and growth"

According to the notice published on December 22, 2022, the Annual General Meeting in Norditek Group AB, org. No. 556405-9367, was held on January 25, 2023.