Interim report Q3: Continued strong organic growth and increased financial flexibility

July – September 2021

• Net sales increased with 119 % and amounted to SEK 506 (231) million.
• Organic growth amounted to 23 (37) %.
• Adjusted EBIT increased with 55 % to SEK 35 (23) million with a margin of 7.0 (9.8) %.
• Profit for the period amounted to SEK 14 (10) million.
• Earnings per share for the period before and after dilution amounted to SEK 0.42 (0.51).
• After the end of the period, the company’s B shares were listed on Nasdaq Stockholm. In connection with the listing, a new share issue of SEK 500 million was made as well as an early redemption of the company’s bonds, which was replaced with bank financing and increased credit facilities of SEK 650 million.

“Nordisk Bergteknik has continued to strengthen its position as a leading strategic partner within the construction industry during the third quarter. Sales growth amounted to 119 %, where 23 % represents organic growth, with an adjusted EBIT margin of 7.0 %. The organic growth, in combination with completed acquisitions, has implied strong development for the Group the last twelve months and we are now a business that operates with an annual revenue of close to two billion. With a strengthened financial flexibility as a result of the stock exchange listing, we will continue to take an active role in the consolidation of our industry in the Nordic region and be at the forefront of technology at the same time as our current financing costs are significantly reduced”, comments Andreas Christoffersson, CEO of Nordisk Bergteknik AB.

The interim report is attached in its entirety to this press release and on the company´s website: https://nordiskbergteknik.se/en/reports-and-presentations/

This is information that Nordisk Bergteknik AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted, through the care of the contact persons below, for publication on 18 November 2021 at 07:45 CET.