Legres AB (publ) presents Interim Report


June 30, 2017 Legres AB (publ) acquired credit management service companies Sergel Kredittjänster AB, Sergel Oy, Sergel Norge AS and Sergel A/S from Telia Company AB. The Group will continue to provide credit management services throughout the Nordic region.

For the acquisition purposes, Legres AB (publ) issued a bond loan on June 29, 2017 of SEK 490.0 million. The issue was structured as a senior bond and the attention was high from both institutional and private investors. The oversubscribed bond was listed on the Corporate Bond list at Nasdaq Stockholm on August 28, 2017.

Financially, there were no earnings during the period. On pro forma basis, Net Sales increased by 9% in the first half of 2017 compared with the same period last year. Compound Annual Growth Rate on Net Sales is currently 6% and the EBITDA for the last 12 months is SEK 156.3 million with EBITDA margin 23%.

This information is information that Legres AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at [14:00] CET on September 13, 2017.

The Interim Report is available at www.sergel.com

For further information, please contact:
Adnan Hadziosmanovic, Investor Relations Manager, + 46 70 256 3200, adnan.hadziosmanovic@marginalen.se
Charlotte Strandberg, CEO, +46 70 211 4560, charlotte.strandberg@marginalen.se
Per Örtlund, CFO, +46 73 381 8880, per.ortlund@marginalen.se

Legres AB (publ) is a Swedish public limited liability company operating under the laws of Sweden. In accordance with the articles of association of the company, adopted on April 27, 2017, the object of the company is to serve as parent company for a group of companies conducting invoice services, credit reports, debt collection, legal business and other activities related thereto, in Sweden as-well as abroad. On June 30, 2017 the Company acquired Sergel Kredittjänster AB, Sergel Oy, Sergel Norge AS and Sergel A/S from Telia Company AB. The Parent Company had no operations before the acquisition of Sergel Entities. Legres AB (publ) is owned by Legres Holding AB, and a part of Marginalen Group.