During the second quarter, our operating profit/loss continued to improve to MSEK -0.1 (-0.4) despite the fact that sales decreased by -6 percent to MSEK 38.7 (41.0). The earnings improvement was driven partly by the continued strong sales development of our consumer brands and partly from lower raw material prices within the Functional wood business unit. Overall, this has led to an improved gross margin of 29.1 (26.9) percent. For the first time ever, the Group thus showed a positive operating result in the first six months of the year. Cash flow from operating activities also strengthened during the quarter to MSEK 11.0 (8.0).

We are very happy to welcome Carin as our new CFO. Carin has a long and solid experience from different leading finance roles in many different businesses. Her deep experience from financial management, controlling and financial analysis of businesses will greatly contribute to the further development of our finance department and our company

I am very happy about the trust and the challenge. It will be great fun to be able to join OrganoClick's continued growth journey and contribute with my skills. It feels especially great to be able to work in a company that contributes to a better environment as it is close to my heart due to my great interest in the outdoors

For the second year in a row, we show a positive operating profit for the first quarter. This despite weak construction and consumer markets that resulted in a negative sales development of -12% to MSEK 38.2 (43.5). Thanks to a positive change in product mix and good sales of our own consumer brands, the Group’s gross margin strengthened to 29 (26) %. This, in combination with sound cost control, resulted in a slightly improved operating profit of MSEK 0.2 (0.1).

We are very excited to initiate the collaboration with SPORTLER. We are reaching a large new audience of consumers in Italy and continuing to establish a broad presence in Europe. The demand for our products is significant, and this partnership further demonstrates that consumers are seeking Eco-labelled and effective products in textile and shoe impregnation

We are very much looking forward to the collaboration with Bauhaus, which strengthens our presence in the DIY market in Sweden. For many years, we have invested in product development to create products that are both effective and biodegradable. We and our customers see a significantly increased demand from both consumers and professional users for more environmentally friendly alternatives, making our range very attractive

The coffee lid is just one example from the range of standardized Dry Molded Fiber applications available that align with the recent EU legislations for take away. This easily implementable and scalable on-the-go alternative fits seamlessly into a modern lifestyle

The work PulPac is doing ties very well into OrganoClicks strategy to replace hidden plastic and supporting our customers green transition in the near time by providing the product with a green inside

During the last quarter of the year, sales remained strong with growth across all business units. Overall, sales grew by 29 percent to MSEK 27.9 (21.6). Our operating profit/loss improved to MSEK -6.1 (-19.7) thanks to the increasing sales and lower costs. Cash flow from operating activities strengthened significantly to MSEK 6.7 (0.1).

Our strategic transformation to become a chemical company has continued according to plan during the second quarter. Binder sales in Nonwoven & fiber technologies continued to grow sharply, and our consumer products in Green coatings & maintenance products also showed good growth. On the other hand, sales of OrganoWood timber in Functional wood dropped heavily because of the weak construction activity. All in all, the group’s sales grew by 6 percent to MSEK 41.0 (38.5).

There is great interest in our new portfolio with both improved performance and environmental profile. With these products, consumers can care for and extend the life of the garments they already have without spreading plastic polymers, fossil-based waxes or PFAS in nature. These products make us unique in the world and pave the way for success when entering new markets

We are thrilled to embark on this exciting journey of expansion into new markets. By leveraging the expertise and local knowledge of our trusted new distributors, we are confident in our ability to provide value to customers and strengthen brand presence in these markets while propelling our business to new heights.

After more than four years of research and development work, we can finally present this breakthrough in textile impregnation. A world-unique product that both combines high performance and at the same time is biobased, plastic-free and biodegradable and, of course, PFAS-free. This innovation is fully in line with OrganoClick's overall mission to accelerate the phasing out of plastics and fossil chemicals towards our overall vision of a nature free of plastics and toxic chemicals.

We are very proud to have a new, even better textile waterproofing, which meets our high environmental goals. With this product, consumers can care for and extend the life of the garments they already have without spreading plastic polymers, fossil-based waxes or PFAS in nature. These products make us unique in the world and pave the way for our continued expansion

We at Abacus look forward to selling OrganoTex products on the Swedish golf market. It feels exciting to be able to offer our customers a complete range of aftercare products to maintain function and comfort in clothes and shoes used on and off the golf course

Sustainability is highly valued at Bever and plays a key role in all the decisions we make. In our search for an accessible solution to motivate consumers to take even better care of their clothing and products, we tested several maintenance products. This research showed that OrganoTex's products are not only environmentally friendly and safe for humans and animals, but also cost-effective. One package can be used for multiple maintenance sessions, and the functional properties of clothing and products remain intact for longer. This is not only good news for consumers, but also for the outdoors.

To now be able to offer our customers a TÜV home compostable certificate is a great milestone for us. The home compostable certificate is highly attractive for customers marketing nonwoven consumer applications. With this certificate we can now speed-up our commercialization further. It also proves that our binder degrades in normal compost conditions and does not require optimized industrial compost conditions. It makes it easier for the consumer, and is an important step for a circular future

As a proud manufacturer of high-quality nonwoven materials, we are excited to showcase our innovative and sustainable speciality solutions designed to enhance consumers’ everyday life

We are very happy that Glatfelter is launching this biobased and home-compostable airlaid nonwoven material at the INDEX23 fair. We have had a close and fruitful collaboration for many years and look forward to continue our journey replacing fossil binders with our biobased and home-compostable binders and make all nonwoven products green inside

Our vision is to be at the leading edge of sustainability, and we are very happy with this collaboration together with OrganoClick, The best solutions are found in good co-operation with customers and partners. Through active product development we can come up with applications that fulfil even the most demanding requirements.

We are very proud and honoured that our green chemistry and renewable material technologies are acknowledged on this international level. To receive this price from Prince Albert II means a lot to us. An event at this level gives us a lot of important contacts within Monaco's financial industry and government

We are very proud that OrganoComp® has been nominated for this prestigious price. We have been developing the OrganoComp® material and the production technology for nearly ten years and now we finally see several products entering the market. The nomination clearly shows that we have created a unique material and production technology

We are grateful for the trust granted to us by a large number of Swedish and international investors through their participation in this share issue, which was substantially over-subscribed. We have now secured funding for the acceleration of our growth journey, and can make key investments and undertake other operational measures. This will enable a faster sales expansion of our products which replaces plastics and toxic chemicals, that will create value for all of our shareholders.

OrganoClick’s biocomposites are based on research within biomimicry from Stockholm University and the Swedish University of Agricultural Sciences. By mimicking nature’s own chemistry, and combine this with our unique fiber moulding technology, we have developed strong and durable materials which can be used in such demanding products as burial coffins with high requirements on quality and surface smoothness

in Finland. With Partioaitta as our first reseller on the Finnish market, we reach exactly the group of environmentally conscious outdoor loving consumers that has a great need of water repellent garments but also want to take care of the environment

It is a big honor and very exciting to receive this award. We have had a fantastic launch of our textile impregnation OrganoTex ® Waterproofing during 2018 with a warm welcome of the product both among retailers and from consumers

Within the product area biobinders for nonwoven, a globally leading producer of textile interlinings launched an eco-collection in September in which our biobased binder is a key component which replaces the currently used oil based plastic binders. Textile interlinings are used as linings and stiffening materials in all jackets, suits, shirts, etc and are made of nonwovens, woven or knitted textiles which are mechanically modified with binders. Our customer predict to receive their first bigger orders during 2019.

Water repellency plays an important role for outdoor garments. OrganoTex Textile Waterproofing is an ecological friendly, PFOC-free and fully biodegradable way of keeping your clothing highly water repellent.

We want to offer garments with a long life-span and where only sustainable chemicals have been used. With our garment care program, customers can pro-long the life-span of the garments even more. For this reason, OrganoClick’s biodegradable textile impregnation is a perfect match

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Sales growth has been good during the year as well as during the fourth quarter that showed a total sales growth of 87.2 % and an organic sales growth (excluding the acquisition) of 34 %. The gross margin increased to 31.7 (27.7) % during Q4 as a result of our change in product mix and to 36.2 (32.1) % for the full year.

Our positive trend contnued during the third quarter with a total sales growth of 88 % and an organic sales growth of 47 %

We aspire to be the leading company in the development of sustainable chemistry and materials within our segments

Sales has increased from SEK 6.5 million to SEK 18.0 million which excluding our previous acquisition gave an organic sales growth of 52 %. March became the first month ever for the group with a positive EBITDA.

We have over the years developed products for a variety of applications for house and homes as well as vehicles. The products are designed for both professionals and DIYs. The Granngården profile of high service and focus on quality and environment suits BIOkleen’s product portfolio perfectly,

To get distribution through Beijer's 70 stores is very important to us. We strive to be in every Swedes nearest building material store and now this agreement will take us another step closer to that goal. Beijer is also an important player in the professional market, where we are investing heavily in Sweden in 2017.

It will be an interesting journey we will do together with Sarokas in Finland. It is fun to have a distributor who is so dedicated to promoting and selling OrganoWood®s products

We are very selective when choosing distributors internationally. They are very important partners for us and a key part of our international expansion strategy. We are really looking forward to see what Osmo Netherlands can contribute to this expansion

The groups sales in total for the full year was about 39 million (excl. Acquisition of BIOkleen) which is an organic sales growth of about 28%.

We have seen that after four years OrganoWood® stands strong against natures forces and receive an attractive beautiful shade of grey

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“We really want to put Sweden on the European map of eco-friendly companies in the frontline. It is with great hope for the public votes that we head for the champion title. We want to inspire the world to make great business with environmentally friendly solutions!”

At OrganoClick we are incredibly proud that we have grown so quickly!

To make a difference to the environmental changes needed in the world all businesses, in all countries, have to contribute.

OrganoClick has done researched and developed PFAS-free alternatives for textiles for over 10 years. We are proud to contribute with our

Our third quarter has after the summer months been full of activites. We have signed an agreement to make our first aqcuisition, received several test orders of our binder OC-biobinder™ and performed production tests with three big suppliers of nonwoven. In June we also became approved as a supplier to a big producer of electrical insulations where our product OC-aquasil™ is used to make the fabrics water repellent. This customer has during the fall made the first commercial orders of smaller volumes but are planning to gradually scale up its volumes.

With the growth we see in our existing areas, it is our assessment that OrganoClick, after the acquisition, will reach EBITDA-breakeven for the full year of 2017