Q1 2019 Interim financial report North Investment Group AB (publ)
Highlights · Acquisition of Sørlie Prosjektinnredninger effective from 1.1.2019. · Group revenue of SEK 239m during the quarter comprising growth of 33.5% (+14.5% proforma 2018 incl Sørlie). · Strong commercial development across all business areas: Strong growth in Norway (30.3% vs proforma 2018 incl Sørlie), Sweden somewhat behind 2018 (-1.6%) due to public sector delays. · EBITDA of SEK 24.1m in Q1 (SEK 24.7m). · Unrealized foreign exchange loss of SEK 3m (SEK 4.5m) · Strong order backlog of SEK 118m per Q1 2019 (SEK 102m Q1 2018 incl Sørlie). · Private placement