OrganoClick AB (publ) publish Year End Report 2015
"The last quarter became a good end of the year. The sales in the group increased with 57 % compared with Q4 2014. This has been mainly driven by OrganoWoods sales towards the professional building sector which has become the most important customer segment for OrganoWood. During 2015, the sales grew with 46 % for the group in comparison with 2014 and total sales amounted to SEK 30.5 million."
Translation from CEO Mårten Hellbergs comment to the Year End Report.
Q4, 1 Oct – 31 Dec 2015
The group compared with 2014
» The groups net revenue amounted to SEK 4.60 million (2.92).
» EBIT amounted to SEK -7.39 million (-4.07).
12 months, 1 Jan – 31 Dec 2015
The group compared with 2014
» The groups net revenue amounted to SEK 30.46 million (20.89).
» EBIT amounted to SEK -20.79 million (-14.25).
The complete version of the Year End Report (in Swedish) is attached in this press release and is available on the companys´ homepage. The informationen in this Year End Report is according to the rules at Nasdaq First North.
For more information, please contact; Mårten Hellberg,
CEO OrganoClick
Phone: +46 8 684 001 10+46 8 684 001 10
Email: marten.hellberg@organoclick.com
About OrganoClick
OrganoClick AB (publ) is a Swedish cleantech company listed on Nasdaq First North that develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the water repellent fabric treatment OrganoTex®, the flame and rot timber protectant OrganoWood® (through the subsidiary company OrganoWood AB) and biobased binders for non-woven materials. OrganoClick was founded in 2006 as a commercial spinoff company based on academic research examining the modification of biofibers performed at Stockholm University and the Swedish University of Agricultural Sciences. OrganoClick has won several prizes and has been designated “Sweden's most promising start-up company”, Sweden's best environmental innovation and has appeared on the Affärsvärldens och NyTekniks top 33 list of “Sweden's hottest technology companies”. The company has also received a number of awards, such as The Worldwide Fund for Nature (WWF) “Climate Solver” award. OrganoClick’s headquarters are in Täby, north of Stockholm, where the company's production, R&D, sales and marketing departments are located. OrganoClick's Certified Adviser on Nasdaq First North is Erik Penser Bankaktiebolag.
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