Q4 2018 Interim financial report North Investment Group AB (publ)
Highlights · Robust commercial momentum across all business areas: Strong growth in Norway (20.6%), Sweden somewhat behind 2017 (-4.6%) due to currency effects and public sector delays · Group revenue of SEK 190m during the quarter (+7.1%) and SEK 746m for the year (+1.3%) · EBITDA of SEK 18m in Q4, record-high of SEK 89m in 2018 (+118%, SEK 14m above budget) · Strong order backlog of SEK 103m per Q4 2018 (+19%) · Continued margin improvement as outsourcing strategy takes effect · Acquisition of Sørlie Prosjektinnredninger effective from January 2019 · Rights issue