Bellman Group AB´s Annual Report 2020 now available

Bellman Group has today published the Annual Report 2020 including the Sustainability Report on www.bellmangroup.se

Compared with the year-end report, which was published on February 19, 2021 untaxed reserves for the Parent Company have been reclassified. This affects the Parent Company's earnings, which decrease by SEK 8.6 million, as well as the Parent Company's equity, which is reduced by the corresponding amount.

This information is information that Bellman Group AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, at 13.00 CET on April 27, 2021.

For additional information, please contact:

Håkan Lind, CEO

hakan.lind@bellmangroup.se

+46 (0)70 669 80 28                                                                   

Roger Axelsson, CFO

roger.axelsson@bellmangroup.se

+46 (0)70 874 50 41

About Bellman Group

Bellman Group is a civil engineering group that operates in rock blasting, excavation, haulage, and mass handling in Sweden, primarily in the Stockholm and Gothenburg regions. The Group consists of Bellmans, which is a company active in machinery brokerage and haulage, Uppländska, which performs rockblasting operations, VSM, which carries out excavation work with large machinery, Samgräv, which is active in haulage, machine brokerage, mass handling and operation of own landfills, SÅCAB which is active in haulage and also owns a landfill south of Stockholm and Ivarssons, an excavation and civil engineering company mainly operating in the Gothenburg region.

In 2020, net sales for the Group were SEK 1.7 billion. Bellman Group, with registered offices in Solna, Sweden, has approximately 425 employees and approximately 1,000 subcontractors. The parent company’s corporate bonds are listed on Nasdaq Stockholm. Bellman Group is a group of strong growth with an explicit acquisition strategy.