News from Norditek

'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.

"High growth and profitability"

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 Wednesday, January 25, 2023 at 17.00. The General Meeting will take place at Arkipelagen Företagscenter, Stora Åvägen 21, Askim in Gothenburg, Sweden

In the press release Publication of annual report 2021/2022 released 2022-12-20 at 08:30, the reference to MAR was incorrect. The correct press release follows below: Norditek Group AB (publ) hereby announces that the annual report with associated audit report is available on the company's website (https://norditek.se/finansiell-information/) The shares in Norditek Group AB are subject to trading on Nasdaq First North Growth Market. Certified Adviser is Partner [...].

Norditek Group AB (publ) hereby announces that the annual report with accompanying auditor's report is available on the company's website https://norditek.se/finansiell-information/ (http://www.norditek.se/) This information is such 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 25, 2022. The shares in Norditek Group AB are subject to trading on Nasdaq First [...]...

Summary of the period June 2022 - August 2022

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Net sales amounted to 16,679 TSEK, an increase pro forma by 0.4 percent against the previous year (see Proforma below).

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Profit before depreciation (EBITA) amounted to SEK 2,771 thousand, which corresponds to an EBITA margin of 16.6%.

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

- Earnings per share before dilution SEK 0.16

Summary of the period September 2021 - August 2022

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Net sales amounted to SEK 71,656 thousand, an increase pro forma by 2.9 percent against the previous year (see Proforma below).

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Profit before depreciation (EBITA) amounted to SEK 13,279 thousand, which corresponds to an EBITA margin of 18.5%.

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Operating profit (EBIT) for the period amounted to SEK 9,254 thousand, corresponding to an EBIT margin of 12.9 percent.

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Earnings per share before dilution SEK 0.56

An extraordinary general meeting was held today in Norditek Group AB (publ) ("Norditek" or the "Company"). The EGM was conducted by advance voting (so-called postal voting) in accordance with temporary legislation. The EGM adopted the following resolutions.