Correction: Eagle Filters receives orders totaling EUR 2.8 million

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 Loudspring Oyj

Company announcement, inside information

8 November 2022 at 12:45 

Correction refers to this announcement to be considered inside information and an reference has been added.

As communicated in Loudsprings Q3 summary, Eagle Filters offer pipeline has had several large cases under final negotiations. Eagle Filters has now secured orders for gas turbine inlet air filters totaling EUR 2.8 million. The orders are booked into Eagle Filters’ fourth quarter 2022 order intake with deliveries planned to commence during Q4 2022 and completed during 2023. These large orders result in increased working capital needs.

Eagle Filters has developed a high-performance air filtration technology that significantly reduces energy consumption and emissions of gas turbines. Eagle's technology delivers up to millions of euros annual savings (per turbine) to the customer.

 

Contact information:

Jarkko Joki-Tokola, CEO, Loudspring Oyj. Tel. +358 40 637 0501, jarkko@loudspring.earth

Erik Penser Bank AB, Certified Adviser. Tel. +46 8 463 83 00, certifiedadviser@penser.se

Loudspring Oyj discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, ”MAR”). The information was submitted for publication by the aforementioned person on 8 November 2022 at 11:00 (EET).

Loudspring in brief  

Loudspring is focused on saving natural resources. We own a portfolio of Nordic growth companies that have the potential of making a big environmental impact globally. We have selected to use our resources to develop Eagle Filters, our fully owned daughter company that provides high performance air filters for the energy industry as well as personal protective equipment. With this strategy we see a clear path to a long term profitable and scalable business, transforming into an industrial company.

The company group is listed on First North Growth Market Finland under the ticker LOUD and on First North Growth Market Stockholm under the ticker LOUDS.

www.loudspring.earth

LinkedIn: https://www.linkedin.com/company/loudspring/

Twitter: @loudspring

IG: @loudspring_earth

FB: @loudspringc

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