Annual and Sustainability report 2024
Continued profitable growth - improved operating cash flow and excellent cash conversion - continued M&A activity - increased share of Green ServicesLooking back on 2024 I am proud that we have continued our profitable growth journey with a total revenue growth of 15% and an adjusted EBITA of 11%. In addition, we have improved the operating cash flow through working capital management leading to an excellent cash...
Norva24 Group AB (publ) (“Norva24” or the “Company”) announces certain preliminary financial information for 1 January to 31 January 2025. The preliminary financial information is categorized by country, as outlined below:
SwedenOperating revenue for 1 January to 31 January 2025 amounted to NOK 43.3 million (40.1 million), adjusted EBITA amounted to NOK 0.1 million (1.8 million) and EBITA margin amounted to 0.2 percent (4.4 percent) for the same...
This statement is made by the independent bid committee (the “Bid Committee”) of the board of directors of Norva24 Group AB (publ) (“Norva24” or the “Company”) pursuant to Rule II.19 of the Takeover rules for Nasdaq Stockholm and Nordic Growth Market NGM (the “Takeover Rules”).
BackgroundApax Funds, through Nordahl Bidco AB[1] (“Nordahl” or the “Offeror”), have today announced a public offer to the shareholders of Norva24 to tender...
Year-end report January-December 2024 September-December 2024 Growth in total operating revenue of 15.5%, driven by currency-adjusted organic growth of 6.2% and growth from acquisitions of 8.5%. Currency adjusted organic growth in all geographies. Total operating revenue amounted to NOK 988.6 million (855.7) for the quarter and NOK 3,631.0 million (3,151.9) for the year. Margin reduction due to Germany, leading to a reduction in adjusted EBITA margin for...
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