Interim report Q1: Higher growth and stronger margin despite uncertain times

January – March 2022

  • Net sales increased with 89 % and amounted to SEK 632 (334) million.
  • Organic growth amounted to 29 (19) %.
  • Adjusted EBIT increased to SEK 22 (7) million with a margin of 3.5 (2.1) %.
  • Profit for the period amounted to SEK 10 (3) million.
  • Earnings per share for the period before and after dilution amounted to SEK 0.19 (0.24).

“This year’s first quarter continued to prove strong growth and profit development. Our adjusted EBIT margin amounted to 3.5 % which represents a clear improvement measured against the comparable period (2.1). During the quarter, we communicated our largest acquisition ever, Rovalin and Soil Mixing Group. Through the acquisition, Nordisk Bergteknik expands in the Stockholm region, one of the Nordic region's largest local markets in foundation solutions. We predict large investments in infrastructure to be made and a high demand of our services, which create conditions for yet another successful year for Nordisk Bergteknik”, says 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 10 May 2022 at 07:45 CEST.

For further information, contact:
Andreas Christoffersson, CEO, +46 70-621 19 28, andreas.christoffersson@bergteknik.se
Johan Lundqvist, CFO, +46 76-392 71 21, johan.lundqvist@bergteknik.se

About Nordisk Bergteknik
Nordisk Bergteknik has a clear growth strategy with the objective to contribute to the development of a future sustainable society. Our companies are specialists within rock handling and foundation solutions, and through compassion and skill they are able to combine demand with the surrounding natural conditions. To be involved at an early stage in building modern societal functions is our everyday life, our home ground and our future

Interim report January-March 2022 (Q1)