Interim report Q3: Strong financial development and advanced market positions

July – September 2022

• Net sales increased with 75 % and amounted to SEK 885 (506) million
• Organic growth increased with 29 (19) %
• Adjusted EBIT increased with 97 % and amounted to SEK 69 (35) million with a margin of 7.8 (7.0) %
• Profit for the period increased to SEK 41 (14) million
• Earnings per share for the period before and after dilution increased with 76 % and amounted to SEK 0.74 (0.42)

“Nordisk Bergteknik continues to strengthen its local market position and delivers a very strong growth with increased profitability during the third quarter of 2022. During this period, net sales increased by 75 %, of which 29 % was organic growth. The business now has annual net sales above SEK 3 billion, with an adjusted EBIT margin of 7 %. With the help of our growth, we have strengthened our positions as well as made synergy gains, which over time will contribute to increase our margin further. We have also managed to strengthen our cash flow during the quarter despite the strong organic growth. Although the global situation remains uncertain and challenging and requires that we are responsive and flexible, we see a strong demand for our services in all segments in the future as well”, says Andreas Christoffersson, CEO of Nordisk Bergteknik AB.

The interim report is attached in its entirety to this press release and on the company´s website: https://nordiskbergteknik.se/en/reports-and-presentations/

This is information that Nordisk Bergteknik AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted, through the care of the contact persons below, for publication on 16 November 2022 at 07:45 CET.

For further information, contact:
Andreas Christoffersson, CEO, +46 70-621 19 28, andreas.christoffersson@bergteknikgroup.com
Johan Lundqvist, CFO, +46 76-392 71 21, johan.lundqvist@bergteknikgroup.com

About Nordisk Bergteknik
Nordisk Bergteknik has a clear growth strategy with the objective to contribute to the development of a future sustainable society. Our companies are specialists within rock handling and foundation solutions, and through compassion and skill they are able to combine demand with the surrounding natural conditions. To be involved at an early stage in building modern societal functions is our everyday life, our home ground and our future