FM Mattsson Mora Group AB

Weak start to the year leads to lower first quarter profit in 2018

Fri, Apr 13, 2018 11:00 CET

Net sales for FM Mattsson Mora Group in the first quarter of 2018 were approximately 4 percent lower than in the same period last year. The operating profit is expected to be approximately SEK 16.5 million compared to SEK 32.0 million in the same period in 2017. The main factors are lower sales volume and lower efficiency in production. Negative currency effects and higher sales costs due to increased market activities also impacted results negatively. Significant initiatives have been made within sales and marketing, specifically an increased number of sales personnel and increased

New CFO for FM Mattsson Mora Group appointed

Mon, Nov 13, 2017 10:00 CET

Martin Gallacher is to assume the position of Chief Financial Officer, CFO, at FM Mattsson Mora Group. He has significant international experience of audit and corporate finance, primarily within Grant Thornton, and his most recent position was CFO at Morakniv. Martin will become a member of Group management not later than 10 February 2018.“With Martin Gallacher as our new CFO, we gain international expertise in corporate finance combined with strategic financial management. Martin has mainly been active in the UK, where he was born, but has been well-established here in Mora for several

New Director of Marketing and Sales for FM Mattson Mora Group

Fri, Jul 21, 2017 08:00 CET

Mikael Östbring is to assume the position of Director of Marketing and Sales Nordic at FM Mattsson Mora Group. He has solid experience from senior sales positions in consumer-focused companies and will become a member of Group management not later than 2 October 2017. FM Mattsson Mora Group is to strengthen its position in the domestic Nordic market and become an attractive niche player in international markets. Growth is to be achieved by developing the attractive brands that the Group has as well as through selective acquisitions. Group management is now gaining a new marketing and

Management changes at FM Mattsson Mora Group

Tue, Apr 11, 2017 15:45 CET

FM Mattsson Mora Group is making changes to its management team. Peter Wennerstein, Director of Sales Nordic and Marketing, will leave his current role to take up a position with one of the company’s partners. Malou Carlsson has been appointed as interim marketing manager for the Mora Armatur and FM Mattsson brands, and Fredrik Skarp will assume sales responsibility for the brands until such time as a permanent solution has been found. For further information, please contact:Fredrik Skarp, CEO, Tel: +46 (0)70 541 55 41Patrik Linzenbold, IR Manager, Tel: +46 (0)708 25 26 30

First day of trading in FM Mattsson Mora Group’s Class B share on Nasdaq Stockholm

Mon, Apr 10, 2017 07:00 CET

FM Mattsson Mora Group AB (publ) (“FM Mattsson Mora Group” or “the Company”) announces the results of the offer to subscribe for Class B shares in the Company through a new share issue in connection with the listing of the Company’s Class B shares on Nasdaq Stockholm (“the Offering”). The Offering attracted a great deal of interest, from both institutional investors and the Swedish public. The Offering was substantially oversubscribed. The first day of trading in the Company’s Class B share (ticker symbol FMM) is today, 10 April 2017. Press release: http://www.fmm-mora.com/Investors/

FM Mattsson Mora Group AB announces stock-exchange listing on Nasdaq Stockholm as well as prospectus and price in connection therewith

Thu, Mar 30, 2017 10:30 CET

FM Mattsson Mora Group AB (publ) (hereinafter referred to as “FM Mattsson Mora Group” or the “Company”) has decided to implement a spread of ownership of FM Mattsson Mora Group’s shares through a new issue of Class B shares (hereinafter referred to as the “Offering”) in order to promote the Company’s continued growth and development. The Board of Directors of FM Mattsson Mora Group has also applied for a listing of the Company’s Class B shares on Nasdaq Stockholm and the application has been approved by Nasdaq Stockholm’s Listing Committee, contingent on the fulfilment of customary terms

PURCHASING AND LOGISTICS DIRECTOR TO FM MATTSSON MORA GROUP

Tue, Oct 04, 2016 08:00 CET

Arto Almér assumes the newly created role of Purchasing and Logistics Director at FM Mattsson Mora Group. Almér has solid experience from leading positions within purchasing and logistics from several consumer oriented companies and he will be a part of the Group’s management as of the 10th of October 2016.FM Mattsson Mora Group has the ambition to meet the customers’ needs through an efficient and innovative production process. The Group’s management group is now being enforced by a Purchasing and Logistics Director with the responsibility of developing the Company’s supply chain. “We

NEW SALES AND MARKETING ORGANISATION

Tue, May 17, 2016 12:00 CET

To strengthen its leading position in the market for fixtures in the Nordic region and to continue the implementation of the company’s growth strategy, FM Mattsson Mora Group is more clearly defining its sales and marketing organisation and making management changes.“For FM Mattsson Mora Group, it is vital to defend our strong market position and ensure that we can maintain high delivery reliability towards our existing customers and the new customers we will secure as we continue to grow. Our strategy is to consolidate the company’s position in the Nordic region and assume a clearer

BULLETIN FROM THE ANNUAL GENERAL MEETING OF FM MATTSSON MORA GROUP AB ON 12 MAY 2016

Fri, May 13, 2016 08:00 CET

The Annual General Meeting (“AGM”) of FM Mattsson Mora Group AB (the “Company” or “FM Mattsson Mora”) was held on 12 May 2016 in Mora, Sweden. The shareholders resolved to approve all of the motions presented by the Board of Directors and the Nomination Committee. The resolutions passed are presented below. Adoption of income statement and balance sheet The AGM resolved to adopt the income statement and balance sheet of the Company as well as the consolidated income statement and consolidated balance sheet for the 2015 financial year. Appropriation of profits The AGM approved a

New Managing director for FM Mattsson Mora Group in Holland and Belgium

Wed, Mar 23, 2016 08:00 CET

Marcel van 't Ent has been appointed new Managing director of FM Mattsson Mora Group's subsidiary in Holland and Belgium. Marcel van 't Ent has extensive experience from the sanitary business sector and from driving sales of consumer goods both through retailers and wholesalers. He will be responsible for all the Group's three brands Mora Armatur, FM Mattsson and Damixa in the Benelux region.FM Mattsson Mora Group has previously run part of its business in the Benelux region through agents and partners, but will now operate all three brands from one common platform.– We look forward to

New President and CEO of FM Mattsson Mora Group appointed

Tue, Dec 15, 2015 16:00 CET

Fredrik Skarp has been appointed new President and CEO of FM Mattsson Mora Group AB. He will assume his position no later than June 2016. He has both a broad international experience from several senior positions within the SSAB and a strong local presence in Dalarna, where he in recent years has been the CEO of Mora of Sweden. He most recently comes from the position as CEO of Scanmast.Fredrik Skarp has a PhD in Industrial Marketing and Purchasing. During his more than ten years in various managerial positions at SSAB, he has been highly involved in M&A transactions, responsible for units

Peter Wennerstein takes over as acting CEO of FM Mattsson Mora Group

Tue, Dec 08, 2015 10:00 CET

The Board of FM Mattsson Mora Group has decided to appoint Peter Wennerstein as acting CEO of the company until a new CEO is recruited. Peter Wennerstein is today Marketing Director and assumes the position as acting CEO of FM Mattsson Mora Group with immediate effect.The process of recruiting a new permanent CEO has been initiated. On November 27, 2015 the former CEO Claes Seldeby announced to the Board that he intends to leave his position as CEO. Claes Seldeby will be at the disposal of the Board until January 31, 2016.For further information, please contact Johnny Alvarsson,

FM Mattsson Mora Group AB confirms intention to proceed with initial public offering (IPO) on Nasdaq Stockholm

Tue, Nov 03, 2015 08:00 CET

For further information please see the following link:http://www.fmm-mora.com/Investors/Initial-Public-Offering/ For further information please contact:Claes Seldeby, CEO, mobile: +46 70 631 64 05Anna-Carin Bjelkeby, CFO, mobile: +46 70 580 62 25 About FM Mattsson Mora GroupFM Mattsson Mora Group AB (publ) sells, manufactures and develops faucets under the strong and well-established brands FM Mattsson, Mora Armatur and Damixa. The Nordics is the Group’s main market. The Group has sales of over 1 billion yearly, and employs over 550 people.

Year end Report, January–December 2012

Wed, Feb 27, 2013 08:00 CET

Fourth quarter: • Net sales were MSEK 197.6 (209.2). • Operating income was MSEK -4.7 (12.4). Operating income before non-recurring items was MSEK 1.0 (14.0). • Operating margin was -2.4 percent (5.9). • Profit after tax was MSEK 5.9 (7.7). Earnings per share were SEK 0.52 (0.67). • Cash flow after investments was MSEK 26.4 (34.5). • New owners after Priveq sold its shares to Tibia Konsult AB, LK Finans AB and Jan Söderberg Förvaltning AB. Full year: • Net sales were MSEK 860.5 (918.6). • Operating income was MSEK 38.3 (69.6). Operating

Change of CEO in Ostnor AB

Fri, May 25, 2012 08:00 CET

The Board of Directors in Ostnor AB has today appointed Claes Seldeby (43) new President and CEO. Claes succeeds Håkan Olson who has served as President and CEO, close to 6 years. Håkan has with great success managed an extensive change in company operations resulting in considerable improvements of operating profit and cash-flow.Claes Seldeby, currently deputy CEO and head of Marketing & Sales in Ostnor AB, was previously CEO at ProfilGruppen AB. Claes has an industrial background with several management positions at Schneider Electric in Sweden and Denmark as well as at AB Wibe in Mora.

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