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  • Morten Kvam

    Chief Communications Officer


    +47 930 28 970
    https://hudyagroup.com/en/
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    Hudya AB has adopted a revised business plan

    Since March, Hudya AB's management has focused on developing a business plan where the goal is a positive operational result. The Board of Directors of Hudya has decided to adopt the revised business plan, which is now being implemented. The focus is on profitability and optimization of the Group's business opportunities. “We feel confident with the revised business plan and that it will give Hudya an operational balance,“ says Hudya AB's chairman Ole Morten Settevik. The revised business plan is largely based on further digitalization of Hudya's processes, focusing on the areas where

    Notice of Annual General Meeting in Hudya AB

    N.B. This notice is a translation of a Swedish notice, and in case of any conflict between the two language versions, the Swedish version shall prevail.The shareholders of Hudya AB, reg. no. 559077-0748, (“Hudya” or the “Company”) are hereby summoned to the Annual General Meeting (“AGM”) on Thursday 25 June 2020. In the light of the current situation regarding the coronavirus, the Board of Directors of the Company, in accordance with the Implementation of Shareholder and Association Meetings (Temporary Exceptions) Act (sv. Lag (2020:198) om tillfälliga undantag för att underlätta

    Hudya sells parts of customer portfolio

    The Hudya AB subsidiary, Hudya Data & Tele AS, has agreed with the Norwegian telecom enabler, eRate AS, to sell parts of the Norwegian telecom customer portfolio at a price of 10.000.000,- Norwegian kroner.«This transaction is an important step in the right direction to consolidate the group and achieving a positive bottom line», states CFO of Hudya AB, Hanne Ek.“A majority of the portfolio sold consists of customers acquired through M&A. Hudya wants to focus on acquiring new customers organically, as we see a clear tendency that customers buying into the Hudya value proposition from the

    Hudya AB resolves on a directed issue of shares to three lenders by set-off

    The Board of Directors of Hudya AB (the “Company”) has today resolved upon, pursuant to the authorization by the Extraordinary General Meeting held on 16 October 2019, a directed issue of 4,852,188 shares, with deviation from the shareholders’ pre-emptive right. The issue is directed to three lenders (Klaus Zwisler, Jean Dühring, and Strategic Investments A/S) under an equity bridge loan agreement, that the Company entered into in October 2019, in order to enable conversion of the loan amount into shares in accordance with the equity bridge loan agreement. The reason for deviation from the

    Hudya AB’s CEO, Michael Sundins’ Letter to shareholders

    Dear shareholders, It is an exciting challenge to take the responsibility as the CEO of Hudya AB (publ), a Company that just recently was listed on Nasdaq First North Growth Market and the latest couple of years expanded significantly not only organically but also through an aggressive M&A strategy. My short-term agenda will be focused on consolidation and integration of operations to create a homogeneous company that benefits from savings and synergies in the organization, the technological development and the product offerings. With the objective to strengthen the Group's financial

    Hudya increases its credit lines by an additional MSEK 35

    As stated in the IPO prospectus, Scandinavian Credit Fund I AB (”SCFI”) has granted a credit line of MSEK 15 to Hudya AB. This credit line is now extended by MSEK 35 to increase the ability for Hudya to continue the business in the best possible way, also during the hurdles created by the Covid-19 situation.As for most other listed companies, also Hudya has initially had a very negative development of its stock value due to the Covid-19 situation. To mitigate the risk level, Hudya has granted SCFI 10 million warrants in Hudya with strike price of SEK 2,50. With this tool SCFI becomes a

    Hudya AB (publ) Year-end report 2019

    Third and Fourth quarter in figures · Net sales of MSEK 60.9 (48.0) · EBITDA of MSEK -57.8 (-12.5) · EBIT of MSEK -76.5 (-77.3) · Earnings for the period were MSEK -91.2 (73.9) · Earnings per share amounted to SEK -4.05 (-3.89) · At 31 December, cash and cash equivalents were MSEK 14.6 (14.0) Full year in figures · Net sales MSEK 144.0 (106.2) · EBITDA of MSEK -74.0 (-26.6) · EBIT of MSEK -102.5 (-94.7) · Earnings for the period were MSEK -121.9 (-92.1) · Earnings per share amounted to SEK -5.41 (-4.84) · At 31 December, cash and cash equivalents

    Hudya announces the outcome of the new issue of shares in connection with the listing on Nasdaq First North Growth Market

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND PROVINCES, EVERY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, SINGAPORE, NEW ZEALAND, JAPAN, SOUTH KOREA, CANADA, SWITZERLAND, HONG KONG OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.Hudya AB (“Hudya” or the ”Company”) today announces the outcome of the new issue of shares in the Company (the “Offering”) prior to the forthcoming

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