Nobina receives payment from collectively bargained AGS group sickness insurance policy
Afa Försäkring has decided to make lump-sum payments of surpluses within the collectively bargained AGS group sickness insurance policy. For Nobina this is expected to have a positive impact on EBIT in the third quarter of 2021/2022 of approx. SEK 95 Million in the Group.
In June 2021, Afa Sjukförsäkringsaktiebolag’s board of directors resolved on a payment to certain employers within the collectively bargained AGS group sickness insurance policy. Underpinning the decision is a favorable trend on the stock market and previous changes to the group sickness insurance system in 2008, which has resulted in a strong financial position for Afa Försäkring. Payment will be made to the employers that had previously received repayment of AGS premiums for the years 2004–2008 and which had a valid insurance contract in December 2020, when the Confederation of Swedish Enterprise and the Swedish Trade Union Confederation reached an agreement concerning the payment. This included Nobina, which has now been informed of the size of the payment. The payment expects to take place during late autumn 2021.
This information is such that Nobina AB (publ) is obligated to disclose pursuant to the EU Market Abuse Regulation. The information was published, through the agency of the contact persons mentioned below, on 21 October 2021, at 08:03 a.m.
For further information, please contact:
Pernilla Walfridsson, CFO
pernilla.walfridsson@nobina.com +46 72 967 04 04
Mattias Gelinder, Group Treasurer & Head of IR
mattias.gelinder@nobina.com +46 72 967 02 61
David Erixon, Head of Communications
david.erixon@nobina.se +46 72 967 02 84
About Nobina
This is Nobina. We are the Nordic region’s largest public transport operator, with 12,000 employees across four countries. Every day, all year round, one million people choose to travel more sustainably with us. From north to south, in urban and in rural areas. To the next bus stop, or all the way home. Together with our passengers and clients, we are big enough to make a real difference. From a welcoming greeting and a comfortable bus journey, to new smart technology that contributes to more fossil-free travel. A unique opportunity to bring about change.
The Group operates in Sweden, Norway, Denmark and Finland and reported sales of almost SEK 11 billion in 2020/2021. In the Swedish and Danish markets, Nobina also operates special needs transportation under the Samtrans, Göteborgs Buss, Telepass and Örslev brands, respectively. Nobina is listed on Nasdaq Stockholm.
Together, we keep society moving every day.
More information is available on: www.nobina.com