2022-05-19 | Regulatory

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Quarterly Report Scandinavian Enviro Systems AB (publ) January-March 2022

A quarter of important business transactions and growing interest in our technology and material.

Jan-Mar 2022

  • Net revenues for the period were MSEK 1.4 (4.6)
  • Earnings after tax for the period were MSEK -17.8 (-12.1)
  • Earnings per share for the period (before dilution) was SEK -0.03 (-0.02)
  • Cash flow for the period after investments was MSEK -21.8 (-9.4)
  • Enviro receives a pyrolysis oil order worth MSEK 2 from a subsidiary of a leading US oil company
  • Enviro has EUR 32,000 loan converted to grant as a result of establishment in Chile
  • Enviro receives order for recovered carbon black from a major European tyre manufacturer
  • Sharp increase of interest in Enviro’s recovered materials as a result of the war in Ukraine

Significant events after end of period

  • Michelin presents an even more sustainable motorcycle tyre thanks to Enviro’s recovered carbon black

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.seis Enviro’s Certified Adviser on Nasdaq First North Growth Market Stockholm.

Scandinavian Enviro Systems AB 
Herkulesgatan 1K
SE-417 03 Gothenburg
info@envirosystems.se 
www.envirosystems.se