I-Tech AB (publ) Interim report Q1 2020

Mölndal, May 8, 2020 - I-Tech AB (publ) (ticker ITECH) publish the interim report for the first quarter 2020Summary of the period ”A strong quarter despite uncertain times” ·Net turnover for the period amounted to kSEK 13 525 (6 170), corresponding to an increase in turnover of 119% (62%). Operating profit/loss amounted to kSEK -984 (-4 435). January to March 2020 ·In March, the leading Norwegian paint manufacturer, Jotun, launched two new marine paints based on I-Tech’s proprietary antifouling active agent Selektope®. ·During March, Per Svensson was appointed