The Nomination Committee of Rugvista Group AB (publ) (“Rugvista”) has been formed in accordance with the company’s “Instruction for the Nomination Committee” as adopted by the Annual General Meeting. The Nomination Committee appointed for Rugvista’s 2023 Annual General Meeting has the following composition: Gunnar Mattsson (representative of madHat AB, and chairperson of the Nomination Committee) Klara Hanzon...
Good profitability despite challenging market Third quarter 2022 Net revenue was SEK 127.9 (141.0) million representing a decrease of -9.3% (21.1%). Organic net revenue growth was -12.7% (29.6%). Gross margin was 63.5% (64.4%). EBIT was SEK 16.6 (22.9) million and EBIT margin was 13.0% (16.2%). Profit for the period was SEK 13.0 (17.9) million. Earnings per share and per diluted share was SEK 0.63 (0.86). The average NPS (Net Promotor Score) value was 72...
Rugvista Group AB (publ) (“Rugvista”) has appointed Carnegie Investment Bank AB (publ) (”Carnegie”) as liquidity provider for the company’s shares listed on Nasdaq First North Premier Growth Market. The arrangement is in accordance with the framework of Nasdaq Stockholm’s rules on liquidity providers. In the role of liquidity provider Carnegie undertakes to continuously quote prices for the Rugvista share in accordance...
Rugvista Group AB (publ) has appointed Joakim Tuvner as new Chief Financial Officer (CFO) for the Company and assumes his position in January 2023. Joakim Tuvner joins from Oatly where he has held the position Vice President Finance, EMEA. He has long experience from leadership positions within business and finance from both Swedish and international growth companies and retail businesses. Joakim holds a Degree of Master of Science in Business and...
Continued challenging market conditions Second quarter 2022 Net revenue was SEK 121.2 (140.6) million representing a decrease of -13.8% (+13.2%). Organic net revenue growth was -15.6%. Gross margin decreased to 60.1% (64.1%). EBIT was SEK 0.4 (24.8) million and EBIT margin was 0.4% (17.6%). Profit for the period was SEK -0.1 (18.6) million. Earnings per share and per diluted share was SEK -0.01 (0.89). The average NPS (Net Promotor Score) value was 68...
Resolutions at Annual General Meeting 20 May 2022 The Annual General Meeting of Rugvista Group AB (publ) was held today, Friday 20 May 2022, at the company’s premises at Frihamnsallén 10 in Malmö. Shareholders also had the opportunity to exercise their voting rights by post before the General Meeting. At the Annual General Meeting, the following principal resolutions were passed. Adoption of income statements and balance sheets The...
Good profitability despite challenging market conditions First quarter 2022 highlights Net revenue was SEK 186.0 (204.5) million representing a growth of -9.1% (+84.8%). Organic net revenue growth was -12.3%. Gross margin decreased to 62.3% (64.9%). EBIT was SEK 21.5 (39.7) million and EBIT margin was 11.6% (19.4%). Adjusted EBIT was SEK 21.5 (49.6) million corresponding to an adjusted EBIT margin of 11.6% (24.2%). Profit for the period was SEK 16.8...
Henrik Bo Jørgensen, CFO för Rugvista Group AB (publ) has announced that he has decided to leave Rugvista. Henrik Bo Jørgensen will continue as CFO until July, 2022. “I am sad to see Henrik leave, and I want to thank him for his commitment and contribution during his time at Rugvista. We wish him all the best moving forward”, says Michael Lindskog, CEO of Rugvista. The recruitment process for a new CFO will be initiated...
The shareholders of Rugvista Group AB (publ), Reg. No. 559037-7882, are invited to attend the Annual General Meeting, to be held on Friday, 20 May 2022 at 2:00 p.m. at the company’s premises at Frihamnsallén 10 in Malmö, Sweden. Registration for the Annual General Meeting will commence at 1:30 p.m. The Board of Directors has decided that shareholders may exercise their voting rights at the Annual General Meeting also by postal voting in accordance...
The Board and CEO hereby present the 2021 Annual and Sustainability Report for Rugvista Group AB (publ) Rugvista Group’s Annual Report for 2021 includes the company’s Sustainability Report and the Corporate Governance Report. The report will be available as of today on the company’s corporate website: https://www.rugvistagroup.com/en/investors/reports-and-presentations/ Contact information Michael...
Outstanding full-year financial performance Fourth quarter 2021 highlights Net revenue was SEK 218.8 (210.5) million representing a growth of 4.0% (55.3%). Organic net revenue growth was 7.0%. Gross margin increased to 64.9% (61.2%). EBIT was SEK 40.3 (39.1) million and EBIT margin was 18.4% (18.6%). Profit for the period was SEK 31.2 (30.4) million. Earnings per share and per diluted share was SEK 1.50 (1.50) and 1.50 (1.46), respectively. The average...