ADDvise Group’s order intake reached SEK 524.0 million in Q4 2022, an increase of 195.0 %

ADDvise Group’s order intake during the fourth quarter of 2022 amounted to SEK 524.0 million, an increase of 195.0 percent on the same period for the previous year. Order intake in the same quarter of the previous year amounted to SEK 177.6 million. 7.7 percent of the increase in order intake was organic. Order intake for the full year 2022 amounted to SEK 1184.1 million, an increase of 134.5 compared to 2021 when the figure was SEK 505.0 million. The organic increase in order intake for the full year 2022 was 9.6 percent.

“The backend of 2022 was strong, and we’re continuing to see a high level of activity in most of our businesses. This is particularly true of the US market, which now accounts for more than half of the Group’s revenue,” says CEO Rikard Akhtarzand, commenting on the order figures.

ADDvise Group’s Year-End Report is published February 23, 2023.

For further information, please contact:

Rikard Akhtarzand, CEO
+46 (0)765-25 90 71
rikard.akhtarzand@addvisegroup.se

Important information:

This information is information that ADDvise Group AB is required to disclose under the EU Market Abuse Regulation. The information was released for publication on January 11, 2023 at 16:15 CET.

About ADDvise Group

ADDvise Group AB (publ) is a leading supplier of equipment to healthcare and research facilities. The Group consists of two business units: Lab and Healthcare. Sales are global. The Group has a clear acquisition strategy with the aim of raising shareholder value and expanding the business—both geographically and product-wise. ADDvise Group’s shares are listed on Nasdaq First North Premier Growth Market, and Mangold Fondkommission AB, +46 (0)8-503 015 50, CA@mangold.se, is the company’s certified adviser. Further information is available at www.addvisegroup.com.