Restated figures according to the new organisation
As a consequence of the new organisation that came into effect on October 1, Addtech is adjusting the reporting for the business areas. To enable comparisons in the coming financial reports, recalculated figures for all quarters of the fiscal years 2019/2020, 2020/2021 and the first two quarters of 2021/2022 are presented.
To best capture future growth opportunities, Addtech has since October 1 a new sharpened organisation that comprises of five business areas with clear niche strategies. By adapting operations and further strengthening the network between the companies, the new business areas can more efficiently capture the future growth potential, both organically and through acquisitions.
Restated figures according to the new organisation for the past 10 quarters are available on Addtech’s website and as an attachment to this press release. The first interim report according to the new structure will be for the third quarter, which will be published on February 8, 2022.
Read more about our business areas and their focus on our website.
Stockholm, December 20, 2021
Addtech AB (publ)
For further information, please contact
Malin Enarson, CFO, +46 705 97 94 73
Addtech is a technical solutions group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 3,000 employees in more than 140 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 11 billion. Addtech is listed on Nasdaq Stockholm.
This information is information that Addtech AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Market Act. The information was submitted for publication, through the agency of the contact person set out above, December 20, 2021 at 10.30 a.m. (CET).