On track to deliver on our targets – continued excellent operating cash flow – solid organic and acquired growth – 46% of revenues taxonomy eligible green services for 2023
As the clear market leader in the underground infrastructure maintenance (UIM) market in the Nordics and in Northern Europe, we are perfectly positioned to further strengthen our position and to create value for customers, local communities and shareholders in the years to...
The shareholders of Norva24 Group AB (publ), reg. no. 559226–2553 (“Norva24” or the “Company”), are hereby given notice of the Annual General Meeting to be held on May 22, 2024 at 14:00 CEST at GT30, Grev Turegatan 30, Stockholm.
The Board of Directors has resolved that shareholders shall have the right to exercise their voting rights by postal voting ahead of the Annual General Meeting in accordance with Chapter 7, Section 4 a of the Swedish...
Vitek is a quality provider of Underground Infrastructure Maintenance (UIM) services in the western part of Norway. Vitek offers a broad range of critical infrastructure services above- and underground and will alongside Norva24 Vest offer an even more comprehensive service offering to the customers in Western Norway. Vitek is located in Rådal south of Bergen and will be a good supplement to the current Norva24 location west of the city.
The company has...
The Nomination Committee ahead of the 2024 Annual General Meeting of Norva24 Group AB (publ) (the “Company” or “Norva24”) proposes that the current Board Member Arild Bødal be appointed Chairman of the Board, as the current Chairman of the Board Vidar Meum has informed the Nomination committee that he would like step down from the Board.
“We would like to extend our sincere gratitude to Vidar Meum for his valuable contributions as Chairman of...
Norva24 Söderlindhs wins a new assignment through a newly signed deal with VA SYD, one of the leading and largest organizations in Sweden regarding municipal water and sewage services, handling vital services for the society regarding flushing, pipe inspection, and sludge suction. Norva24 will support with resources and services in recycling, combined flushing, filming and pipe inspection, as well as excavation and dry suction. The contract is planned to...
Year-end January-December 2023 October-December 2023 Total operating revenue amounted to NOK 855.7 million (719.5), an increase of 18.9%. Currency adjusted organic growth was 5.2%. Revenue from customer contracts amounted to NOK 854.4 million (712.6), an increase of 19.9%. EBIT amounted to NOK 60.0 million (35.3). The period was charged with non-recurring items amounting to NOK 7.2 million (25.8). Adjusted EBITA amounted to NOK 81.6 million (71.0), up...
Norva24 will publish its Year-End and Q4 report 2023 on Friday February 23, 2024 at 08.00 (CET). Investors, analysts and journalists are welcome to attend the company’s webcast with teleconference at 09.30 (CET) on the same day.
Henrik Norrbom, Group CEO, and Stein Yndestad, Group CFO, will present the report. The presentation will be held in English.Date: February 23, 2024Time: Report published at 08.00 (CET)Webcast with teleconference at 09.30 (CET)To...
Stein Yndestad is appointed new Chief Financial Officer (CFO) of Norva24 Group (“Norva24”), effective 23 January 2024. Yndestad currently holds the position of Chief Corporate Development Officer and head of investor relations at Norva24. These functions will be merged into the CFO role, under Stein Yndestad’s management.
“As we reorganize the finance function of Norva24, I am happy that Stein again is taking on a comprehensive responsibility as...
In accordance with Nomination Committee instructions, the composition of the Committee has been changed ahead of Norva24 2024 Annual General Meeting (AGM) owing to changes in ownership of the company.
Due to Briarwood Capital Partners acquisition of shares corresponding to 5,89 percent of the capital, the company's ownership circle has changed. Therefore, Jan Andersson, appointed by Swedbank Robur Fonder, has made his seat on the nomination committee...
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