N.B. The English text is an in-house translation of the original Swedish text. Should there be any disparities between the Swedish and the English text, the Swedish text shall prevail.
Q3 2021
- Net revenues for the period were MSEK 1.4 (0.2)
- Earnings after tax for the period were MSEK -11.6 (-12.7)
- Earnings per share for the period (before dilution) was SEK -0.02 (-0.02)
- Cash flow for the period after investments was MSEK -14.1 (-10.9)
- Michelin has retained its ownership to 20% of the shares in Enviro after the conducted directed share issue
- Enviro supplements documentation for consultation concerning a new plant in Uddevalla
- Enviro’s recovered oil and carbon black receive ISCC sustainability certification
- Invitation to Enviro’s virtual Capital Markets Presentation
Jan-Sep 2021
- Net revenues for the period were MSEK 6.5 (1.1)
- Earnings after tax for the period were MSEK -38.9 (-36.3)
- Earnings per share for the period (before dilution) was SEK -0.07 (-0.07)
- Cash flow for the period after investments was MSEK -39.1 (-34.0)
- Enviro receives order from Michelin for engineering services worth MSEK 4
- Enviro and Michelin sign definitive agreements on strategic partnership
- Enviro announces further details of partnership agreements with Michelin
- Approval at an extraordinary general meeting concerning final agreements with Michelin
- Michelin’s new racing tyres has better performance and less climate impact due to recovered carbon black from Enviro
- Enviro strengthens its capital via a directed issue of MSEK 21.0 before transaction costs
- Substantial interest as key employees at Enviro subscribe to options as part of incentive scheme
- Favourable conditions for tyre recovery with Enviro’s technology in the UK
- Enviro initiates consultation regarding plant on identified industrial site in West Sweden
- Peter Sandberg Chairman of Enviro’s Nomination Committee
Significant events after end of period
- Enviro completes a directed new share issue, raising approximately SEK 125 million before transaction costs where Michelin has invested to retain its ownership of 20%.
- Enviro decides on location and applies for environmental permit for recycling plant in Uddevalla
The report is also availiable on https://www.envirosystems.se/en/investor/financial-information/.
For further information, please contact:
Thomas Sörensson, CEO of Enviro, +46 (0)735-10 53 43, thomas.sorensson@envirosystems.se
Urban Folcker, Enviro CFO, +46 (0)760-00 13 11, urban.folcker@envirosystems.se
Alf Blomqvist, Chairman of the Board of Enviro, +46 (0)733 149 700, alf@blomqvistunlimited.com
Mangold Fondkommission AB, +46 (0)8 503 01 550, ca@mangold.se, is Enviro’s Certified Adviser on Nasdaq First North Growth Market Stockholm.
Scandinavian Enviro Systems AB
Herkulesgatan 1K
SE-417 01 Gothenburg
info@envirosystems.se
www.envirosystems.se