NewsOrganoClick AB (publ) publish Year end report 2016

The fourth quarter was a strong end to the year, with organic sales growth for the group of approximately 40% in comparison with the fourth quarter of 2015. In particular, OrganoWood sales to the professional construction sector increased a lot, but we have also begun to earn revenues in OrganoClick’s other business areas, although they still represent a small part of the group’s total turnover. The groups sales in total for the full year was about 39 million (excl. Acquisition of BIOkleen) which is an organic sales growth of about 28%. The acquisition of BIOkleen adds additional sales (pro forma) of about 23 million for 2016 giving a pro-forma sales for the group of approximately 62 million.

Translation from CEO Mårten Hellbergs comment to the Year End Report.

Q4, 1 Oct – 31 Dec 2016
The group compared with 2015
» The group’s net revenue amounted to SEK 6,42 million (4,60).
» EBIT amounted to SEK -9,62 million (-7,39).

12 months, 1 Jan – 31 Dec 2016
The group compared with 2015
» The group’s net revenue amounted to SEK 38,85 million (30,46).
» EBIT amounted to SEK -29,74 million (-20,79).

Click here to read the full report >> http://www.organoclick.com/investor-relations/reports/

For questions, please contact
Mårten Hellberg, CEO OrganoClick AB
phone: +46 (0)8-684 001 10