Momentum Group publishes Annual Report 2018/19

Momentum Group publishes its Annual Report for the 2018/19 financial year on the Company’s website today.

The Annual Report is available at www.momentum.group/en/investor-relations/reports where it can be downloaded as PDF in Swedish and English.

“The year headed in the right direction and the increased focus in the business since the public listing in June 2017 continues to yield results,” states Ulf Lilius, President & CEO, in Momentum Group’s Annual Report 2018/19. “Over the last two years, we have concluded ten acquisitions with combined annual revenue of approximately MSEK 570, and the Momentum Group has now surpassed SEK 6 billion in revenue. We will continue along the path we have established, with a focus on earnings growth in our existing units, reduced funds tied up in working capital and corporate acquisitions in order to increase profitability.”

Stockholm, 26 June 2019

Momentum Group AB (publ)

For further information, please contact:
Mats Karlqvist, Head of Investor Relations – Tel: +46 70 660 31 32 / E-mail: mats.karlqvist@momentum.group

This information is such that Momentum Group AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 a.m. CET on 26 June 2019.

Momentum Group is a leading reseller of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic region. The Group has annual revenue of approximately SEK 6 billion and some 1,700 employees. Momentum Group AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.momentum.group.