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Delisting of Handicare

Nasdaq Stockholm has decided that Handicare Group AB (publ) will be delisted from Nasdaq Stockholm. The last day of trading in the share will be on Friday, 26 March 2021. For information, please contact:Pernilla Lindén, CFO & Investor relationsTel: +46 708 775 832Email: ir@handicare.com The information set out in this announcement was submitted for publication on 12 March 2021, 16.30 CET. About Handicare Handicare offers solutions to increase the independence of disabled or elderly people, and to facilitate for their care providers and family. The offering encompasses a

Pernilla Lindén will leave the position as CFO of Handicare Group AB

Handicare Group today announces that Pernilla Lindén, CFO, has decided to leave the Group to assume the role as CFO at Hexatronic Group AB. Pernilla was appointed CFO at Handicare in June 2019 and previously worked as EVP Strategy & Business Excellence since 2018. “I want to thank Pernilla for her commitment and contribution to our journey at Handicare. She is a valued member of the team and we wish her all the success in her role”, says Henrik Teiwik, CEO and President at Handicare Group. The process of finding a successor has been initiated. Pernilla will remain CFO until she leaves

Handicare Applies for De-listing and Convenes an Extraordinary General Meeting

Savaria (Sweden) AB (under name change from Goldcup 26098 AB) (“Savaria”), a company wholly owned by Savaria Corporation, declared the public offer for Handicare Group AB (publ) (“Handicare” or the “Company”) unconditional on 4 March 2021. Savaria controls more than 90 per cent of the shares in Handicare and has requested compulsory redemption of the remaining shares in the Company.The board of directors of Handicare has, at the request of Savaria, today resolved to apply for de-listing of the Company’s shares from Nasdaq Stockholm. The last day of trading in the Company’s shares on Nasdaq

Notice of Extraordinary General Meeting of Handicare Group AB (publ) on 31 March 2021

At the request of Savaria (Sweden) AB (under name change from Goldcup 26098 AB), Reg. No. 559268–4137 (“Savaria”) which, following its cash public tender offer to the shareholders of Handicare Group AB (publ), Reg. No. 556982-7115 (“Handicare”), controls more than 90 per cent of the total number of shares and votes in Handicare, the shareholders of Handicare are hereby invited to the Extraordinary General Meeting (the “EGM”) on Wednesday, 31 March 2021.In the light of the ongoing corona pandemic and in order to minimize any risk of spreading of the corona virus, the Board of Directors has

Year-end report 2020

The fourth quarter marked a period of strong organic revenue growth for Accessibility, which together with the successful implementation of the Lift Up Program contributed to an improved adjusted EBITA margin.Fourth quarter 2020 · Revenue amounted to MEUR 59.2 (61.9). · Organic growth was 5.6%. · The gross margin was 43.8% (39.4). · Adjusted EBITA amounted to MEUR 7.9 (3.7), corresponding to a margin of 13.3% (6.0). · EBIT totaled MEUR 6.1 (-8.2). · Net profit for the period (including discontinued operations) amounted to MEUR 2.0 (-11.5). · Earnings per share (

Invitation to presentation of Handicares year-end report 2020

On 4 February at 08.00 a.m. (CET), Handicare will publish its year-end report for 2020. Please note that the date for publishing of the report has been changed from previously 12 February 2021. At 09.00 a.m. (CET) the same day, the company holds a conference call, where President and CEO Henrik Teiwik presents the report together with CFO Pernilla Lindén. After the presentation follows a Q&A session. The conference call will be held in English. The year-end report and a presentation will be available on the website, www.handicaregroup.com. After the conclusion of the conference call,

Handicare announces preliminary financial results for the fourth quarter 2020 and an outlook for 2021

As a result of Savaria Corporation ("Savaria") today having announced a public cash offer for Handicare Group AB (“Handicare” or the “Company”), Handicare announces certain preliminary financial information in respect of the fourth quarter 2020 and an outlook for 2021.Revenues for the quarter are anticipated at EUR 59.2 million, compared to EUR 58.5[[1]] million for the corresponding period in 2019 resulting in an organic growth of 5.6% (currency adjusted). Revenues in Handicare’s key focus area, Accessibility, is anticipated at EUR 43.8 million, compared to EUR 40.2 million for the

Statement from the Board of Handicare Group AB in relation to the public cash offer by Savaria (Sweden) AB

Conclusion The Board of Handicare unanimously recommends the shareholders of Handicare to accept the offer by Savaria. “Based on an assessment of Handicare’s present position, the expected future development of the company as well as related opportunities and risks, the Board of Directors considers that the immediate rewards of the offer reflect Handicare's long-term future prospects. Therefore, the Board has decided to unanimously recommend the offer. In addition, the Board also recognizes that the major owner Nordic Capital Fund VII, being a long-term shareholder in Handicare with

Bulletin from the Extraordinary General Meeting of Handicare Group AB

The Extraordinary General Meeting today resolved in accordance with the Board’s proposal to pay a dividend of EUR 0.07 per share.The record date was set at December 9, 2020. The dividend is expected to be paid on December 16, 2020. Pursuant to the temporary legislation in place due to COVID-19, the Meeting was held through a postal vote without the physical attendance of shareholders. Minutes from the Extraordinary General Meeting will be available on the company website, www.handicaregroup.com, within two weeks.   For further information, please contact:Pernilla Lindén, CFO,

Notice convening the Extraordinary General Meeting of Handicare Group AB on December 7, 2020

Handicare Group AB (publ) (”Handicare”) gives notice of the Extraordinary General Meeting to be held on Monday, December 7, 2020.In order to reduce the spread of infection and to comply with regulations and general guidelines issued by the authorities, the Extraordinary General Meeting will, in accordance with temporary legislation, be held only by advance voting (postal voting). Shareholders will not be able to physically attend the Meeting in person or by proxy. Instead, Handicare welcomes shareholders to exercise their voting rights at the Meeting by advance voting in the manner

Interim report January - September 2020

Recovery for Accessibility in the third quarter with organic revenue growth of 6.2%, while the two smaller business units remained negatively affected by Covid-19. A more competitive cost base, mainly driven by the Lift Up Program, led to improved profit year-on-year despite the continuing pandemic.Third quarter 2020 · Revenue amounted to MEUR 53.2 (59.7). · Organic growth was -1.2%. · The gross margin was 42.2% (40.3). · Adjusted EBITA amounted to MEUR 6.1 (3.9), corresponding to a margin of 11.5% (6.5). · EBIT was MEUR 4.4 (2.3). · Net profit (including discontinued

Handicare's Board of Directors proposes reinstated dividend of EUR 0.07

Handicare Group AB’s Board of Directors reinstates the previously withdrawn dividend proposal of EUR 0.07 per share and intends to convene an Extraordinary General Meeting.Considering the prevailing conditions around the world and the uncertainty regarding the future economic effects of Covid-19, the Board decided in April to withdraw its previously communicated proposal to the Annual General Meeting 2020 of EUR 0.07 dividend per share. At the time, the Board stated that the ambition was to convene an Extraordinary General Meeting in the second half of 2020 when the effects of the ongoing

Invitation to presentation of Handicares interim report January-September 2020

On the 5[th ]of November at 08.00 AM (CET), Handicare will publish its interim report for January-September 2020. At 09.00 AM (CET) the same day, the company holds a conference call, where President and CEO Johan Ek presents the report together with CFO Pernilla Lindén. After the presentation follows a Q&A session. The conference call will be held in English.The interim report and a presentation will be available on the website, www.handicaregroup.com. After the conclusion of the conference call, there will be a recording on the website. To participate in the conference, please register on

Handicare publishes preliminary earnings for the third quarter of 2020

Today, Handicare, a global market leader in stairlifts, publishes preliminary earnings for the third quarter of 2020 due to higher profit than market expectations.The preliminary third quarter results are expected to substantially exceed market expectations as a result of the successful establishment of a more competitive cost base as well as key stairlift markets recovering significantly after a period of lockdowns. Adjusted EBITA for the third quarter is anticipated to be EUR 6.1 million which represents a margin of 11.5%, compared to EUR 3.9 million (6.5%) for the corresponding period

Henrik Teiwik appointed new CEO and President of Handicare Group AB

Today, the Board of Directors of Handicare Group AB announces that it has appointed Henrik Teiwik as new CEO and President. Henrik is currently Head of Business Area Construction Equipment and Business Area Rental at Alimak Group AB and will assume his position during Q1 2021.“We are pleased to announce Henrik Teiwik as new CEO and President of Handicare. Through the strategic review and the Lift Up Program carried out during the year, a more focused and efficient organization has been established which provides a solid foundation to secure long-term profitable growth of the Accessibility

Interim report January - June 2020

A quarter characterized by Covid-19. Despite this, adjusted EBITA was positive as a result of the rapid realignment of operations but also through structural improvement measures through the Lift Up Program. Handicare’s financial position remains strong.Second quarter 2020 · Revenue amounted to MEUR 39.0 (62.9). · Organic growth was -31.6%. · The gross margin was 40.1% (41.2). · Adjusted EBITA amounted to MEUR 0.9 (5.3), corresponding to a margin of 2.4% (8.5). · EBIT was MEUR -8.7 (3.8), including Other specified items of MEUR 8 relating to the Lift Up Program. · Net

Invitation to presentation of Handicares interim report January-June 2020

On the 17[th ]of July at 08.00 AM (CET), Handicare will publish its interim report for January-June 2020. At 09.00 AM (CET) the same day, the company holds a conference call, where President and CEO Johan Ek presents the report together with CFO Pernilla Lindén. After the presentation follows a Q&A session. The conference call will be held in English. The interim report and a presentation will be available on the website, www.handicaregroup.com. After the conclusion of the conference call, there will be a recording on the website. To participate in the conference, please register on the

Lifting Handicare to better performance: Capital Markets Update 2020

Today, Handicare, a market leader in stairlifts, will arrange a webcasted Capital Markets Update where senior management will elaborate on the company’s strategy and the Lift Up Program.Handicare operates in a growing market with attractive underlying long-term growth fundamentals. The company holds a leading position in Europe within the Accessibility area and has a strong growth trajectory in North America. Performance within the Accessibility business unit has been solid with an organic CAGR of approximately 7 percent over the last five years, and the Group’s financial position is strong.

Handicare establishes its own stairlift production in the United States

Today, Handicare, a market leader in stairlifts, announces its decision to establish a local stairlift production site in the United States. The new production site will allow Handicare to shorten lead times significantly, which will increase Handicare’s competitive advantage. The required capital expenditure amounts to approximately MEUR 2.5.Aiming to build on its already strong growth trajectory in North America, Handicare has decided to establish a local stairlift production site in the United States. Today, the curved lift production is based in the Netherlands and United Kingdom, with

Handicare Group announces new President Patient Handling North America

Handicare Group today announces that Randi Binstock, currently Vice President for Sunrise Medical, has been appointed President, Patient Handling North AmericaHaving spent the last 12 years with Sunrise Medical and over 25 years in the healthcare sector, Randi Binstock brings strong leadership and operating experience to Handicare. During her tenure at Sunrise Medical, Randi held several senior leadership roles including operating responsibility for Sunrise Medical Canada, Business Development and Global Strategic Marketing. Randi is a CPA and has an MBA in Entrepreneurship from DePaul

Handicare Capital Markets Update 2020

Handicare, a global leader in stairlifts, will arrange a webcasted Capital Markets Update on June 12, 2020.At the Capital Markets Update, Handicare will provide a detailed update on the company’s strategy and the Lift Up Program, announced with the Q1 2020 results in April, for institutional investors, financial analysts and financial media. The Capital Markets Update will take place as a live webcast on June 12, 2020, at 13:00-15:30 CEST. Presentations will be held by Johan Ek, President and CEO, and Pernilla Lindén, CFO, as well as by Clare Brophy, Executive Commercial Director, and Peter

Announcement from the Annual General Meeting in Handicare Group AB (publ)

At Handicare’s Annual General Meeting, held today on 6 May 2020 in Stockholm, the following principal resolutions were passed. Resolution regarding the adoption of the income statement and balance sheet and the consolidated income statement and balance sheet; resolution regarding allocation of profit in accordance with the adopted balance sheet; resolution regarding the discharge from liability for the members of the Board of Directors and the CEO The Annual General Meeting resolved to adopt the income statement and balance sheet, as well as the consolidated income statement and

Handicare Group completes the divestment of Patient Handling Europe

Handicare Group AB (publ) (“Handicare”) has completed the previously announced divestment of Patient Handling Europe, including all Patient Handling operations outside North America.On April 9, 2020 Handicare announced that the company had signed an agreement to divest Patient Handling Europe, including all Patient Handling operations outside North America, to Direct Healthcare Group. The divestment is a result of the strategic review announced in connection with the report for the third quarter 2019. The purchase price amounts to MEUR 29.7 on a cash and debt-free basis (Enterprise Value)

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