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  • Liselotte Stray

    Head of Group Communications


    +46 76 852 38 11

    • Quotes

    A strong quarter
    Mattias Johansson, CEO and Group President Bravida
    Continued good performance
    CEO and Group President, Mattias Johansson
    Good growth and stable underlying operating margin
    Mattias Johansson, CEO and Group President, Bravida
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    Issue and repurchase of class C shares under incentive program

    The board of directors of Bravida Holding AB (“Bravida”), (Nasdaq Stockholm: BRAV), has today resolved to issue and immediately thereafter repurchase 820,000 class C shares.By virtue of authorisation from the annual general meeting on 7 May 2024, the board of directors of Bravida has resolved to increase the capital by SEK 16,400, through a directed cash issue of 820,000 class C shares to DNB Bank ASA, Sweden Branch (“DNB”), at a subscription price corresponding to the quota value of the shares. Furthermore, the board of directors of Bravida has resolved to immediately repurchase all 820,

    Bravida Finland expands its heating and plumbing installation business in southern Finland

    Bravida Finland acquires the company Dimesko Oy, thereby strengthening its position in heating and plumbing in southern Finland. The company has sales of approximately EUR 10.3 million and employs around 40 people.Dimesko Oy works with installing plumbing, HVAC and automation systems in residential, office and commercial properties. The company's office is located in Lahti, but it operates mainly in the Helsinki region. “We are very pleased to welcome Dimesko Oy and its skilled employees to Bravida. The acquisition is in line with Bravida's strategy to grow in Finland and enables us to

    Interim Report July–September 2024

    Strong cash flow and improved earnings in Norway and Finland· Net sales amounted to SEK 6,575 million (6,583) · The order backlog was SEK 16,610 million (16,459) · EBITA decreased by 17 percent to SEK 294 million (352) · The EBITA margin was 4.5 percent (5.4) · Profit after tax was SEK 200 million (251) · Cash flow from operating activities was SEK 193 million (-212) · Net debt amounted to SEK -2,579 million (-3,036) · One acquisition was completed during the quarter, adding annual sales of approximately SEK 27 million · Basic and diluted earnings per share were SEK

    Nomination Committee for Bravida Holding AB’s AGM 2025

    In accordance with the decision at Bravida Holding AB’s Annual General Meeting on 7 May 2024, the largest shareholders in terms of votes at the end of July 2024 has appointed the following persons to be part of Bravida’s Nomination Committee ahead of the Annual General Meeting of 2025.· Joachim Spetz, Swedbank Robur fonder (chairman) · Ben Heck, Mawer Investment Management · Sussi Kvart, Handelsbanken Fonder · Fredrik Arp, Chairman of Bravida Holding AB (adjunct member)  Shareholders who wish to submit proposals to Bravida's nomination committee are welcome to submit their

    Invitation to presentation of Bravida’s report for the third quarter 2024

    Bravida’s report for the third quarter 2024 will be published 07:30 CET on 22 October 2024.The report will be presented at 09:30 CET by CEO and Group President Mattias Johansson and CFO Åsa Neving. The presentation will be held in English and can be followed on the web or by phone. There will be room for questions in the telephone conference.Link to webcasthttps://ir.financialhearings.com/bravida-q3-report-2024/registerTelephone conference Register via the link https://conference.financialhearings.com/teleconference/?id=50048498 to participate in the telephone conference. After

    Bravida Finland strengthens its position in automation in south-western Finland

    Bravida Finland acquires the company Prosessiautomaatio Oy, thereby expanding its automation services in Raisio. The company has sales of around EUR 2.4 million and employs 10 people.Prosessiautomaatio Oy works with automation and provides services in system installation, system design, maintenance and remote control. The company's office is located in Raisio, near Turku.“We are very pleased to be able to welcome Prosessiautomaatio Oy’s employees to Bravida and get more automation professionals in our team. The acquisition supports Bravida's strategy and will increase the share of Bravida'

    Interim Report April–June 2024

    Strong cash flow and robust order intake· Net sales increased by 5 percent to SEK 7,694 million (7,306) · The order backlog was SEK 17,559 million (16,597) · EBITA decreased by 16 percent to SEK 343 million (407) · The EBITA margin was 4.5 percent (5.6) · Profit after tax was SEK 240 million (302) · Cash flow from operating activities was SEK 548 million (134) · Net debt amounted to SEK -2,518 million (-2,512) · Seven acquisitions were completed during the quarter, adding annual sales of approximately SEK 407 million · Basic and diluted earnings per share were SEK 1.

    Bravida installs cooling for the Swedish Transport Administration’s rail infrastructure throughout Sweden

    Bravida has been awarded a contract by the Swedish Transport Administration regarding cooling technology along railway tracks all over the country. The assignment includes both maintenance and installation of cooling equipment. The initial duration of the agreement is three years.The Swedish Transport Administration manages a railway network with a length of more than 14,000 kilometres in Sweden. Bravida's assignment includes the replacement and new installation of cooling equipment in technical buildings, technology rooms and radio base stations along the railways, as well as maintenance

    Bravida signs framework agreement with Vaxholm Municipality for electrical installations

    In the framework agreement with Vaxholm Municipality, Bravida will make electrical installations in properties managed by the municipality covering a total area of approximately 60,000 square metres.The properties managed by Vaxholm Municipality include schools, preschools, care homes for the elderly and administrative and sporting facilities. Bravida's assignment includes electrical installations, operation and maintenance, and minor work relating to new construction, refurbishment and extensions. “We are very happy and proud to have been entrusted with this assignment, which has a

    Bravida Norway signs contract with JV AF Ghella to secure Oslo Municipality's future drinking water

    Bravida Norway has signed a contract with JV AF Ghella to provide electrical, plumbing and HVAC infrastructure for Oslo Municipality's new water supply project.Oslo Municipality is expanding its drinking water supply capacity by creating a new clean water tunnel. Bravida’s assignment includes working on the extension of the tunnel and the technical installations associated with the tunnel. “This is a very important project in which we at Bravida have the opportunity to be involved in securing the drinking water in the future for everyone who lives and works in Oslo. We have excellent

    Bravida provides security solutions at a new prison in Östersund for an order value of approximately SEK 40 million

    Bravida is to provide new installation of teletechnical security systems at the Swedish Prison and Probation Service’s Frösö Strand Prison in Östersund. The new prison is a security level 2 facility and will add new capacity of around 80 places.Frösö Strand Prison will become a new Swedish Prison and Probation Service prison as a result of a major renovation of a former psychiatric facility. The project is a collaborative project and will be implemented jointly by the Swedish Prison and Probation Service and Bravida.The assignment includes the installation of alarm and access control

    Invitation to presentation of Bravida’s report for the second quarter 2024

    Bravida’s report for the second quarter 2024 will be published 07:30 CET on 12 July 2024.The report will be presented at 09:30 CET by CEO and Group President Mattias Johansson and CFO Åsa Neving. The presentation will be held in English and can be followed on the web or by phone. There will be room for questions in the telephone conference. Link to webcasthttps://ir.financialhearings.com/bravida-q2-report-2024/registerTelephone conference Register via the link below to participate in the telephone conference. After registration, you will receive a phone number and a conference ID

    Bravida strengthens its position in electrical services in Söderhamn

    Bravida acquires the company El-Installation-Automatik i Söderhamn AB, thereby strengthening its service offering for electrics in Söderhamn and the surrounding area. The company has annual sales of SEK 24 million and 18 employees.El-Installation-Automatik i Söderhamn AB (Elia) was founded in 2006 and provides electrical services for construction projects and industry. The company is headquartered in Söderhamn and its customer base consists of private companies, public organisations, industrial businesses and private individuals in southern Hälsingland. “It feels great to welcome Elia to

    Change in the number of votes in Bravida Holding AB

    Bravida Holding AB (BRAV) today announces a change in the number of votes in the company. This is due to the conversion of some class C shares to ordinary shares, which will be assigned to participants in incentive programmes.At Bravida’s 2021 Annual General Meeting, a resolution was passed to implement a long-term incentive programme for senior executives and other key personnel in the Bravida Group (“LTIP 2021”). Following publication of the interim report for the period 1 January to 31 March 2024, allocation of shares has been made to a total of 152 senior executives and other key

    Bravida Finland strengthens its position in western Finland

    Bravida Finland acquires the company Vesi-Vasa Oy, thereby strengthening its range of services in heating and plumbing, industrial pipes and fire extinguishing systems in the Satakunta region in western Finland. The company has a turnover of EUR 10 million and 40 employees.Vesi-Vasa Oy was founded in 1984 and works with installation, service and maintenance of heating and plumbing systems, industrial pipes and fire extinguishing systems. The company offers services for both small projects, such as houses, and larger industrial projects.“We are very pleased to welcome Vesi-Vasa and their

    Report from Bravida Holding AB (publ)’s Annual General Meeting on 7 May 2024

    At the Annual General Meeting in Bravida Holding AB (publ) today, the below resolutions were made in accordance with the board of directors’ and the nomination committee’s proposals.Adoption of income statements and balance sheets, allocation of the company’s result and discharge from liabilityThe Annual General Meeting adopted the income statement and the balance sheet as well as the consolidated income statement and the consolidated balance sheet in the annual report for the financial year 2023. The Annual General Meeting resolved on a dividend to the shareholders of SEK 3,50 per

    Interim Report January–March 2024

    Strong order intake, growing order backlog and improved cash conversion• Net sales decreased 2 percent to SEK 7,275 million (7,429)• The order backlog was SEK 17,835 million (16,243)• EBITA decreased by 21 percent to SEK 294 million (370)• The EBITA margin was 4.0 percent (5.0)• Profit after tax was SEK 202 million (276)• Cash flow from operating activities was SEK 399 million (60)• Net debt amounted to SEK -2,071 million (-1,588)• One acquisition was completed during the quarter, adding annual sales of approximately SEK 30 million• Basic and diluted earnings per share were

    Management change in Bravida Division South

    Bravida’s internal investigation into why Region Skåne terminated its framework agreement with Bravida Sverige AB shows two things: that intentional overbilling has occurred, and that there have been major deficiencies in the handling of the matter and in the customer relationship with Region Skåne. As a result, the head of Division South will have to leave Bravida.On April 4, 2024, Bravida initiated an internal investigation following Region Skåne's decision to terminate its framework agreement with Bravida Sverige AB.The investigation, presented on April 29, 2024, revealed that two

    Bravida strengthens its position in industrial service and HVAC in northern Sweden

    Bravida acquires the company Ambra AB, thereby strengthening its offering in industrial service and HVAC in Skellefteå, Piteå and Luleå. The company has 40 employees and annual sales of around SEK 110 million.Ambra AB works with industrial service and installation, and HVAC service. The company is based in Skellefteå and also has branches in Luleå and Piteå. Its customer base consists of various industrial companies, construction companies, property companies and public sector organisations. “It feels great to welcome Ambra and its competent staff to Bravida. Ambra has a good reputation

    Bravida strengthens its position in electrics in Falun

    Bravida acquires the company Carlgrens Elektriska AB, thereby strengthening its electrical services in Falun and the surrounding area. The company has 25 employees and annual sales of around SEK 42 million.Carlgrens Elektriska was founded in 1932 and provides electrical services. The company is headquartered in Falun and its customer base consists of various local construction companies, public organisations and private individuals. “It feels fantastic to welcome Carlgrens Elektriska and its staff to Bravida. The company has a strong position in Falun and the acquisition will mean we have

    Bravida presents investigation regarding overbilling

    On April 4, 2024, Bravida initiated an investigation following Region Skåne’s decision to terminate its framework agreements with Bravida Sverige AB. Bravida has reviewed all contracts in the 11 branches that have had Region Skåne as a client.• The investigation reveals that intentional overbilling occurred in the branch that Region Skåne has identified.• In the other 10 branches, no intentional overbilling has occurred. • Bravida will file a police report.• Bravida has also conducted a broader review of other clients with framework agreements in the public sector in Sweden. There are

    Invitation to presentation of Bravida’s report for the first quarter 2024

    Bravida’s report for the first quarter 2024 will be published 12:00 CET on 7 May 2024.The report will be presented at 13:00 CET by CEO and Group President Mattias Johansson and CFO Åsa Neving. The presentation will be held in English and can be followed on the web or by phone. There will be room for questions in the telephone conference. Link to webcast https://ir.financialhearings.com/bravida-q1-report-2024 Telephone conference Register via the link to participate in the telephone conference: https://conference.financialhearings.com/teleconference/?id=5002662. After registration,

    Bravida reports preliminary conclusions of its investigation

    On April 4, 2024, Bravida initiated an investigation due to Region Skåne's press release regarding the cancellation of framework agreements with Bravida Sverige AB. The investigation has so far shown that there have been unacceptable actions and deliberate over-invoicing in one department. The investigation connected with Region Skåne is ongoing and will be fully completed at the end of April.The incorrect behavior that has arisen at the initiative of individuals is completely unacceptable and is not in line with how Bravida should conduct our business. If Bravida's working methods and

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