Interim report July-September 2024 July-September 2024 Growth in revenue from customer contracts of 22.7% and growth in total operating revenue of 18.0%, driven by currency adjusted organic growth of 5.4%, growth from acquisitions of 14.5%. The growth is reduced by 4.5 percentage points due to a revenue adjustment. Total operating revenue amounted to NOK 934.8 million (792.2) for the quarter and NOK 2,642.4 million (2,296.2) for the first three quarters....
The nomination committee shall, in accordance with the principles for the nomination committee in Norva24 Group AB (publ) (“Norva24”), consist of representatives of the four largest shareholders or shareholder groups, and the Chairman of the Board of Directors. The Nomination Committee for the Annual General Meeting 2025 has been appointed based on the shareholdings as of 31 August 2024 and in accordance with the Nomination Committee’s...
Interim report April-June 2024 April-June 2024 Solid growth in total operating revenue of 17.3%, driven by a currency adjusted organic growth of 9.2% and growth from acquisitions of 8.5%, currency effect reduces overall growth by 0.4%. Tailwind of +2.6% due to more working days in the quarter. Total operating revenue amounted to NOK 937.6 million (799.4) for the quarter and NOK 1,707.6 million (1,504.0) for the first half year. Significant margin...
Norva24 Group AB (publ) held its Annual General Meeting today, 22 May 2024, in Stockholm.
Approval of the income statement and balance sheet, appropriation of profits and discharge of liability of Board members and the CEOThe Annual General Meeting resolved to adopt the income statement and the balance sheet for the group and the parent company. The Annual General Meeting resolved to carry forward the earnings of the year to a new account. The members of...
Interim report January-March 2024
January-March 2024Total operating revenue amounted to NOK 769.9 million (704.6), an increase of 9.3%. Currency adjusted organic growth was 1.6%.Revenue from customer contracts amounted to NOK 758.9 million (700.1) an increase of 8.4%.Adjusted EBITA amounted to NOK 52.3 million (59.4).The period was charged with non-recurring items amounting to NOK 2.9 million (2.4).EBIT amounted to NOK 37.5 million (46.0).Profit for the...
Norva24 Group AB (publ) (“Norva24”, “the company”), the market leader in underground infrastructure maintenance (UIM) in Northern Europe, keeps growing through value-accretive acquisitions. The company today announces the acquisition of the clear leader in the high-pressure flushing market in Denmark, Nordic Powergroup Holding A/S (NPG).
With the acquisition, Norva24 manifests the number one position within underground infrastructure maintenance...
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...
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...
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...
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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