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  • Simon Petrén

    vice vd Bayn Europe AB


    Nytorgsgatan 17A 116 22 Stockholm Sweden
    +46709999455
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    HUMBLE INCREASES EXISTING CREDIT FACILITIES WITH A LOAN OF SEK 300 MILLION

    Humble Group AB (publ) (”Humble Group” or the ”Company”) has increased existing credit facilities from Nordea Bank Abp, filial i Sverige (”Nordea”), Skandinaviska Enskilda Banken AB (”SEB”) and AB Svensk Exportkredit (”SEK”) with a loan amounting to SEK 300 million. The new loan shall be used for refinancing Humble Group’s bridge loan from Nordea and SEB amounting to SEK 150 million and for additional investments in the Company’s growth projects. “The new loan strengthens our financial flexibility and we are pleased with the increased confidence that Nordea, SEB and SEK show us through

    HIGH DEMAND AND IMPROVED PROFITABILITY, THIRD QUARTER 2024

    FINANCIAL INFORMATION:THIRD QUARTER · Net sales amounted to MSEK 1,978 (1,811), an increase with 9% compared to the corresponding period last year. The organic growth for the period was 10%. · EBITA amounted to MSEK 146 (132). · EBIT amounted to MSEK 96 (85). · Adjusted EBITA amounted to MSEK 154 (139), an increase with 11% compared to the corresponding period last year. · Cash flow from operating activities amounted to MSEK 142 (175). · Profit and loss after tax amounted to MSEK 27 (-91). · Earnings per share before and after dilution amounted to SEK 0.06 (-0.20).

    HUMBLE GROUP AB INVITES TO THE PRESENTATION OF THE RESULTS FOR THE THIRD QUARTER 2024

    Humble Group AB (publ.) (“the Company”) publishes its quarterly report for the period July-September 2024, on Thursday October 31[st] at 08:00. The Company invites investors, analysts and media to a presentation of the results for the third quarter at 10:00 the same day, where CEO Simon Petrén and the Company's CFO Johan Lennartsson comment on the period and the results.The presentation starts at 10:00 and is held in English. There will be a Q&A in connection with the presentation. Link to the presentation:https://ir.financialhearings.com/humble-group-q3-report-2024 The report will be

    FIRST DAY OF TRADING IN HUMBLE’S SHARES ON NASDAQ STOCKHOLM

    Today, 27 September 2024, Humble Group AB’s (“Humble” or the “Company”) shares are admitted to trading on Nasdaq Stockholm’s main market.“It is very pleasing to ring the bell together with Nasdaq this morning according to tradition. I would like to extend a big thank you to the team, and especially CFO Johan Lennartsson, who have made this possible. We are now looking forward to the continuous work with our growth- and owner strategy with the aim of building the FMCG group of the future.” – Simon Petrén, CEO Humble Group AB. On 13 September 2024, Humble announced that Nasdaq Stockholm’s

    HUMBLE PUBLISHES PROSPECTUS IN CONNECTION WITH THE LISTING ON NASDAQ STOCKHOLM

    Humble Group AB (“Humble” or the “Company”) announced on 13 September 2024 that Nasdaq Stockholm’s listing committee has approved Humble’s application for admission to trading of the Company's shares on Nasdaq Stockholm’s main market (the “Listing”). As a consequence of the Listing, Humble has prepared a prospectus, which today, 23 September 2024, has been approved by the Swedish Financial Supervisory Authority and published on Humble’s website.Publishing of the prospectusFor complete information regarding the Listing, please refer to the prospectus that has been prepared by Humble (only

    HUMBLE HOSTS ITS FIRST CAPITAL MARKETS DAY TODAY

    Today, 19 September 2024, Humble Group AB (publ) (“Humble” or the “Company”) hosts a Capital Markets Day in central Stockholm. During the day, the Company will provide an update on its overall strategy and present the four business segments: Future Snacking, Sustainable Care, Quality Nutrition, and Nordic Distribution.The Company will also elaborate on the new financial targets communicated on 23 August 2024: · Growth Target – Average net sales growth of at least 15 percent per year, primarily driven by organic growth. · Profitability Target – EBIT margin of at least 10 percent. ·

    HUMBLE’S SHARES HAVE BEEN APPROVED FOR ADMISSION TO TRADING ON NASDAQ STOCKHOLM

    Nasdaq Stockholm’s listing committee has, subject to customary conditions, approved Humble Group AB’s (“Humble” or the “Company”) application for admission to trading of the Company’s shares on Nasdaq Stockholm’s main market (the “Listing”). First day of trading on Nasdaq Stockholm’s main market is expected to be on 27 September 2024 and the last day of trading on Nasdaq First North Growth Market is expected to be on 26 September 2024.“Being listed on a regulated market means a quality stamp and marks an important step in Humble's continued journey. It is a testament to how we work with

    Welcome to Humble Group's Capital Markets Day on 19 September 2024

    Humble Group AB (publ) ("Humble" or the "Company") welcomes investors, analysts, media and other stakeholders to a Capital Markets Day on Thursday 19 September 2024 in central Stockholm.The purpose of the Capital Markets Day is to provide an update on Humble's overall strategy, go in depth on the four business segments Future Snacking, Sustainable Care, Quality Nutrition and Nordic Distribution as well as the new financial targets communicated on 24 August 2024. Presentations will be given by members of the Company's management team as well as representatives from a selection of Humble's

    HUMBLE GROUP PRESENTS NEW FINANCIAL TARGETS

    The Board of Directors of Humble Group AB ("Humble" or the "Company") has today decided to adopt new financial targets. This decision is based on the structural development the Company has undergone since the previous targets were communicated on December 1, 2021. The new targets aim to reflect the Company's current objectives regarding growth and profitability, as well as to align with the Company's medium-term business plan. The targets and the Company's strategy will be presented at the Company's Capital Markets Day on September 19, 2024, in Stockholm.New Medium-Term Financial Targets:

    INCREASED GROSS PROFIT AND STRENGHTENED MARGIN, SECOND QUARTER 2024

    FINANCIAL INFORMATION: SECOND QUARTER · Net sales amounted to MSEK 1,861 (1,710), an increase with 9% compared to the corresponding period last year. The organic growth for the period was 9%. · EBITA amounted to MSEK 139 (129). · EBIT amounted to MSEK 90 (83). · Adjusted EBITA amounted to MSEK 141 (120), an increase with 18% compared to the corresponding period last year. · Cash flow from operating activities amounted to MSEK -49 (445). · Profit and loss after tax amounted to MSEK 32 (0). · Earnings per share before and after dilution amounted to SEK 0.07 (0.00).

    HUMBLE GROUP AB INVITES TO THE PRESENTATION OF THE RESULTS FOR THE SECOND QUARTER 2024

    Humble Group AB (publ.) (“the Company”) publishes its quarterly report for the period April-June 2024, on Wednesday July 24[th] at 08:00. The Company invites investors, analysts and media to a presentation of the results for the second quarter at 10:00 the same day, where CEO Simon Petrén and the Company's CFO Johan Lennartsson comment on the period and the results.The presentation starts at 10:00 and is held in English. There will be a Q&A in connection with the presentation. Link to the presentation:https://ir.financialhearings.com/humble-group-q2-report-2024 The report will be

    Save the date: Humble Group arranges a Capital Markets Day on 19 September 2024

    Humble Group AB (publ) (“Humble” or the “Company”) welcomes investors, analysts, media and other stakeholders to a Capital Markets Day on Thursday 19 September 2024.The event takes place in downtown Stockholm and will include presentations from, among others, Simon Petrén, CEO, and other representatives from the management team. Humble’s ambition with the event is that participants will get to know the Company’s different business segments better (i.e., Future Snacking, Sustainable Care, Quality Nutrition, and Nordic Distribution) and get the opportunity to ask questions to the management

    Humble Group has expanded its existing credit facility agreement with a total of MSEK 300 and ensures the financing of the group's growth initiatives going forward

    Humble Group AB (publ) (“Humble Group” or the “Company”) has entered into an amendment agreement, subject to customary conditions, with Nordea Bank Abp, filial i Sverige (“Nordea”), Skandinaviska Enskilda Banken AB (publ) (“SEB”) and AB Svensk Exportkredit (publ) (“SEK”) regarding an increase of its existing credit facilitates agreement. The amendment agreement entails a total increase of MSEK 300. After the increase, the total amount of the credit facilities agreement is MSEK 1,950, divided into four secured facilities. Under the credit facilities agreement, there remains the possibility

    Bayn Group completes the acquisition of Koppers Candy Sweden AB

    Bayn Group AB (publ) (“Bayn”), a foodtech group in sugar-reduced foods, has completed the acquisition of Koppers Candy Sweden AB (“Koppers”), a Swedish foodtech company that manufactures functional and sugar-reduced sweets, which was published on August 25, 2020.Bayn has today taken over the shares in Koppers. Bayn has paid USD 367,000 of the aggregated purchase price of USD 847,000 for the shares in Koppers in cash to the seller. The remaining USD 480,000 of the purchase price shall be paid in two tranches over the next 10 months. The acquisition is financed with existing cash and will be

    Bayn Group enters into agreement regarding acquisition of Klement "Amerpharma"

    Bayn Group AB ("Bayn") has entered into a binding agreement regarding acquisition of 51 percent of the shares in Klement Spolka Z Ograniczona Odpowiedzialnosc ("Amerpharma" or the "Company"), a Polish foodtech company under the Amerpharma brand, which is a leading manufacturer in Europe of calorie-free and sugar-reduced sauces, jams and syrups, for a cash purchase price of SEK 41,076,290 and an additional purchase price based on the Company’s net income (the "Transaction"). From the completion of the transaction the Bayn Group's profitability at consolidated EBITDA level will be greatly

    Bayn Group enters into agreement regarding acquisition of Klement "Amerpharma"

    Bayn Group AB ("Bayn") has entered into a binding agreement regarding acquisition of 51 percent of the shares in Klement Spolka Z Ograniczona Odpowiedzialnosc ("Amerpharma" or the "Company"), a Polish foodtech company under the Amerpharma brand, which is a leading manufacturer in Europe of calorie-free and sugar-reduced sauces, jams and syrups, for a cash purchase price of SEK 41,076,290 and an additional purchase price based on the Company’s net income (the "Transaction"). From the completion of the transaction the Bayn Group's profitability at consolidated EBITDA level will be greatly

    Bayn Europe changes name to Bayn Group AB

    Bayn Europe AB ("Bayn"), a foodtech group in sugar-reduced foods, announces today that the company has changed its name to Bayn Group AB."The new strategy that the board has developed fits very well with our growth ambitions and the name change reflects the multiple companies that the group now includes. It feels incredibly exciting that we have come this far in such a short period of time and where our journey has only just begun. We see many interesting acquisition opportunities in the future, well fit to be part of the group we are building.", says Peter Werme, Chairman of the Board Bayn

    Bayn Europe acquires Koppers Candy Sweden AB and strengthens the Group's margins

    Bayn Europe AB ("Bayn") has entered into a binding agreement to acquire 100% of the shares in Koppers Candy Sweden AB ("Koppers" or "the Company") for a cash purchase price (the "Purchase Price") of USD 847,000 (the "Transaction"). Koppers is a Swedish foodtech company that manufactures functional and sugar-reduced sweets for, among others, Bayn's brand Tweek. The transaction means that the Bayn Group significantly streamlines the R&D process and ensures control and access to the entire value chain. The acquisition strengthens the Group's margins through significant cost savings for the

    Bayn conducts directed issue of SEK 97.5 million to strategic investors

    The Board of Directors of Bayn Europe AB (Publ) has, with the support of authorization from the Annual General Meeting on 5 August 2020, decided on a directed cash issue of 15,000,000 shares at a subscription price of SEK 6.50 per share, which was the average volume-weighted share price during the two-week period July 28 to August 11, 2020.The issue's anchor investors are Håkan Roos via Roosgruppen AB with approximately SEK 60 million and Handelsbankens Funds with approximately SEK 22 million and where the remaining approximately SEK 15 million is subscribed by a strategic investor

    Launch on Amazon and increased e-commerce sales

    Pändy Foods has come to an agreement with a partner to sell the product range on Amazon EU, where the English and German markets are the first to launch. During the period, the company have also experienced strong sales growth in its own e-commerce during the second quarter.Pändy has for a period of time prepared the product range and conditions for launching the products through its own store on Amazon. The company has now come to an agreement with an established sales partner to launch on Amazon EU. Initially, the products will be available in England and Germany, and later be rolled out

    Higher sales than expected and first listing of candies at ICA

    Pändy Foods AB launched the first two flavours with its new recipe for sugar-reduced jelly candy at the end of last year. During the initial sales period, the products were well received, with higher sales than expected and quick listings in the service trade. From this week, the products will also be listed and available centrally at ICA, one of the leading Nordic retailers.The jelly candy was launched in two flavours at the Fitness Festival at the end of last year and received a strong response from the market. Since then, sales have been higher than expected with broad listings and high

    Pändy Foods AB launches a new product line of chocolate candy and another lentil chips flavour

    With the summer around the corner, the company launches a fourth SKU of lentil chips in the popular flavour Sour Cream & Onion. Furthermore, the brand launches a completely new product line "Protein Chocolate Sticks" a wafer and chocolate-based confectionery bar product with only 1 g of sugar and 16% protein.At the end of last year, Pändy Foods AB launched two jelly confectionery varieties and three new flavours of lentil chips. Now the company is launching another new lentil chip flavour and strengthens the product range with a whole new type of confectionery product. In total, the company

    Vinnova decides to grant 2 MSEK to Bayn Europe

    Vinnova decides to grant 2 MSEK to Bayn Europe, to fund deepened industrial research on processes for the production of sugar replacements.Bayn Europe has been manufacturing and selling the sweetened fibre product EUREBA®. This product can replace sugar without further reformulations in areas as varied as ice cream, yoghurt, chocolate, confectionery and health products. The production process, which Bayn has developed and for which a patent application has been submitted, guarantees a homogeneous product of very high quality. In the continued work with improvement of the process, the

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