NewsOrganoClick AB (publ) publish interim report for the third quarter 2016

“Our third quarter has after the summer months been full of activites. We have signed an agreement to make our first aqcuisition, received several test orders of our binder OC-biobinder™ and performed production tests with three big suppliers of nonwoven. In June we also became approved as a supplier to a big producer of electrical insulations where our product OC-aquasil™ is used to make the fabrics water repellent. This customer has during the fall made the first commercial orders of smaller volumes but are planning to gradually scale up its volumes.”

Translation from CEO Mårten Hellbergs comments to the Interim Report.

Q3, 1 July – 30 September 2016

The group compared with 2015

» The groups net revenue amounted to SEK 8.78 million (7.15)

» The result before tax amounted to SEK -6.93 million (-4.47)

1 January – 30 September 2016

The group compared with 2015

» The groups net revenue amounted to SEK 32.42 million (25.86)

» The result before tax amounted to SEK -20.46 million (-14.16)

Click here to read the full version of the Interim Report >>

For more information, please contact:
Mårten Hellberg, CEO OrganoClick
Phone: +46 8 684 001 10
Email: marten.hellberg@organoclick.com