OrganoClick AB (publ) publish its Annual Report for 2015
"OrganoClick has during the year had a continuous strong sales growth of 46 % to a total revenue of SEK 30,5 million. The growth has in particular been strong within the business unit Functional wood which accounted for SEK 30,4 million of the revenue. The first fashion company that uses our DWR-technology is Filippa K which has released two collections."
Årsredovisning OrganoClick AB 2015Translation from the Annual Report.
The complete Annual Report is attached in this press release and is available on the company's homepage. In the Annual Report a more in depth market description is presented about the company's different markets.
For more information, please contact: Mårten Hellberg, CEO
Phone: +46 (0)8 684 001 10
OrganoClick AB (publ) is a Swedish cleantech company listed on Nasdaq First North that develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the water repellent fabric treatment OrganoTex®, the flame and rot timber protectant OrganoWood® (through the subsidiary company OrganoWood AB) and biobased binders for non-woven materials. OrganoClick was founded in 2006 as a commercial spinoff company based on academic research examining the modification of biofibers performed at Stockholm University and the Swedish University of Agricultural Sciences. OrganoClick has won several prizes and has been designated “Sweden's most promising start-up company”, Sweden's best environmental innovation and has appeared on the Affärsvärldens och NyTekniks top 33 list of “Sweden's hottest technology companies”. The company has also received a number of awards, such as The Worldwide Fund for Nature (WWF) “Climate Solver” award. OrganoClick’s headquarters are in Täby, north of Stockholm, where the company's production, R&D, sales and marketing departments are located. OrganoClick's Certified Adviser on Nasdaq First North is Erik Penser Bankaktiebolag.