Press releases 2023

 

 

ADDvise announces that the conditions for the early redemption of existing bonds 2021/2024 have been fulfilled

Regulatory press release

ADDvise Group AB (publ) (the “Company”) announced on 12 May 2023 that it will redeem in full all of its outstanding bonds 2021/2024 with ISIN SE0015222088 (the “Bonds” and “Early Redemption”). The Early Redemption was conditional upon the successful issuance of new bonds as announced by the Company through a press release on 11 May…

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ADDvise increases long-term financial targets

Regulatory press release

The Board of ADDvise Group AB has decided to update the long-term financial targets for EBITDA margin and revenue growth based on the strong financial performance and the visibility on the upcoming quarters. The EBITDA margin target has been increased from 20% to 28 % and the annual growth target from 25% to 30 %.…

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ADDvise announces early redemption of existing bonds 2021/2024

Regulatory press release

ADDvise Group AB (publ) (the “Company”) announces today that it will redeem in full its outstanding bond loan with ISIN SE0015222088 (the “Bonds” and “Early Redemption”) subject to the successful issuance of new bonds as announced by the Company through a press release on 11 May 2023. Provided that the conditions for Early Redemption are…

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ADDvise extends the agreement with Laborie at a value of SEK 48 million

Regulatory press release

ADDvise Group’s subsidiary Sonesta Medical AB extends the agreement with Laborie Medical Technologies (“Laborie”). The agreement is giving Laborie the right to sell Sonesta Medical’s urology- and gynecology patient positioning equipment and video fluoroscopy tables worldwide, with an exclusive right to distribute in USA and some European countries. Laborie commits to a minimum volume of…

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ADDvise issues senior secured bonds

Regulatory press release

ADDvise Group AB (publ) (the “Company”) announces today that it has successfully placed senior secured bonds in an amount of SEK 1,000 million under a framework of SEK 2,000 million with a tenor of 3 years (the “New Bonds” or the “Bond Issue”). The New Bonds will carry floating rate interest of STIBOR 3m plus…

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ADDvise signs Letter of Intent to acquire Kolplast CI S.A.

Regulatory press release

ADDvise has signed a Letter of Intent with the shareholders of Kolplast CI S.A. (”Kolplast”) regarding an acquisition of all shares in Kolplast. Kolplast is a Brazilian manufacturer of MedTech equipment based in São Paulo, Brazil. The company produces disposable medical devices, MedTech equipment, laboratory equipment, and liquid-based cytology products. The company is the market…

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Report from the annual general meeting of ADDvise Group AB (publ) 5th of May 2023

Regulatory press release

ADDvise Group AB (publ), reg. no. 556363–2115, has held its annual general meeting on May 5, 2023 at 10.00 a.m. at Grev Turegatan 30 in Stockholm. At the meeting, the following resolutions were, amongst others, adopted. Disposition of the Company’s earnings The annual general meeting resolved that no dividend shall be paid to the shareholders…

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ADDvise Group completes a directed share issue of approximately SEK 100 million

Regulatory press release

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, BELARUS, RUSSIA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.…

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ADDvise Group explore the conditions for carrying out a directed share issue of approximately SEK 100 million

Regulatory press release

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, BELARUS, RUSSIA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.…

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Interim report 2023, January 1-March 31

Regulatory press release

January-March 2023 Net revenue for the period was SEK 310.5 million (162.4), an increase of 91.2%. Organic growth was 19.7%. Orders received for the period was SEK 340.3 million (130.8), an increase of 160.2%. Organic growth was 86.5%. EBITDA for the period was SEK 84.2 million (21.2) Profit/loss for the period was SEK 35.6 million…

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ADDvise Group publishes annual report and sustainability report for 2022

Regulatory press release

Today, ADDvise Group AB is publishing the annual report and the sustainability report for 2022. The annual report and the sustainability report are available on ADDvise website: www.addvisegroup.com. The annual report and sustainability report are published in Swedish and English. The Swedish versions represent the originals.   For further information, please contact: Rikard Akhtarzand, CEO…

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Notice convening the Annual General Meeting of ADDvise Group AB (publ)

Regulatory press release

ADDvise Group AB (publ), reg. no. 556363–2115 (the "Company" and "ADDvise"), hereby convenes the annual general meeting to be held on May 5, 2023 at 10:00 a.m. at Grev Turegatan 30 in Stockholm. Registration for the meeting will begin at 09:30 a.m.   Registration and notification Shareholders wishing to attend the annual general meeting must:…

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Year-end report 2022, January 1-December 31

Regulatory press release

October–December 2022 Net revenue for the period was SEK 320.3 million (155.0), an increase of 106.6 %. Organic growth was 5.5 %. Orders received for the period was SEK 517.7 million (177.6), an increase of 191.5 %. Organic growth was 7.7 %. Adjusted EBITDA for the period was SEK 85.8 million (19.0) EBITDA for the…

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ADDvise presents financial targets for 2023

Regulatory press release

The Board of Directors of ADDvise Group has adopted financial targets for the financial year 2023: –          Net sales pro forma rolling 12 months shall by the end of the year reach SEK 1.6 billion. –          EBITDA pro forma rolling 12 months shall by the end of the year reach SEK 330 million. The below…

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ADDvise signs Letter of Intent to acquire Diabetic Supplies Inc.

Regulatory press release

ADDvise Group has signed a Letter of Intent with the shareholder of Diabetic Supplies Inc. (”Diabetic Supplies” or the “Company”) regarding an acquisition of all shares in Diabetic Supplies. Diabetic Supplies is based in Columbus, Ohio, USA and is a distributor of medical devices for diabetic patients. The Company distributes, among other things, continuous glucose…

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ADDvise receives allocation decision worth approximately SEK 48 million

Regulatory press release

ADDvise Group AB (publ)’s subsidiary Hettich Labinstrument AB has received an allocation decision from Region Västra Götaland worth approximately SEK 48 million. The allocation decision consists of delivery of equipment for blood- and urine specimen collection during a four-year period starting May 2023. The allocation decision can be appealed up until February 25, 2023. For…

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The nomination committee’s proposal of board of directors in ADDvise Group AB (publ)

Regulatory press release

To the annual general meeting (AGM) of ADDvise Group AB (publ) on 5 May 2023, the nomination committee has decided to propose re-election of Fredrik Celsing, Staffan Torstensson, Erland Pontusson, Johanne Brændgaard and Anna Ljung as members of the board of directors. It is proposed that Staffan Torstensson is re-elected chairman of the board of…

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ADDvise signs Letter of Intent to acquire X-Ray Cassette Repair Company Inc.

Regulatory press release

ADDvise Group has signed a Letter of Intent with the shareholder of X-Ray Cassette Repair Company Inc (”Reina Imaging”) regarding an acquisition of all shares in Reina Imaging. Reina Imaging is an international medtech equipment manufacturer based in Crystal Lake, Illinois, USA. The company produces digital x-ray panel holders and related imaging products primarily for…

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ADDvise announces preliminary result for 2022 which is stronger than expected

Regulatory press release

The preliminary result for ADDvise Group for the full year 2022 significantly deviates from what ADDvise Group considers to be current market expectations. [image] The net sales pro forma full year 2022 rolling 12 months amounted to SEK 1,097 million with an adjusted EBITDA pro forma of SEK 241 million. The financial targets for the…

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ADDvise receives order worth USD 3.5 million

Regulatory press release

ADDvise Group AB’s subsidiary Poly Pharmaceuticals Inc has received an order from AxisCare Health Logistics Inc, a company distributing equipment and medical supplies to hospitals, clinics, medical offices and medical equipment suppliers. The order is worth approximately USD 3.5 million. The order consists of delivery of the prescription dietary supplemental Folite, developed and manufactured by…

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ADDvise receives order worth USD 1.8 million

Regulatory press release

ADDvise Group AB’s subsidiary MRC Systems FZE has received an order from Nasser Saeed Al Hajri & Partners Contracting (NHS & Partners), a leading construction contractor in the United Arab Emirates. The order is worth approximately USD 1.8 million. The order involves the detailed design, supply and installation of an ISO 8 and ISO 7…

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