Year-End Report for Duni AB (publ) 1 January – 31 December 2017
Stable quarter despite strongly increasing raw materials prices
Stable quarter despite strongly increasing raw materials prices
On February 8 2018, Duni acquired 75% shares in Kindtoo Ltd., trading as Biopac UK Ltd., from entrepreneurs Mark Brigden and Eric Graham. Biopac is a leading supplier of sustainable disposable packaging for food and beverages in the UK. The acquisition will be consolidated into Business Area Meal Service.
Year-end report for Duni AB will be disclosed to the media for publication at 7.45 AM CET on Friday 9 February. Telephone conference at 10 AM CET.
Duni subsidiary Rexcell Tissue & Airlaid AB will invest approximately 50 MSEK in upgrading the airlaid machine in Skåpafors, Sweden.
Fast Food Awards, the Swedish fast food industry’s esteemed competition, has nominated Duni’s collection Amazonica as one of the final entries to win the 2018 edition of the competition in the category Supplier of the Year and Most Brilliant Idea of the Year. The single-use series is a collaboration between Duni and design duo Bernadotte & Kylberg.
Pursuant to a resolution adopted at Duni's Annual General Meeting in 2017, a Nomination Committee has been appointed prior to the Annual General Meeting in 2018. Duni hereby announces the composition of the Nomination Committee.
Slightly lower growth rate, continuing high raw material costs
Interim report for Duni AB will be disclosed to the media for publication at 7.45 AM CET on Friday 20 October. Telephone conference at 10 AM CET.
Johan Sundelin will assume the role of CEO and President of Duni AB on October 16, 2017.
The collaboration between Duni and the Swedish design duo Bernadotte & Kylberg has resulted in an innovative and stylish collection of single-use plates, bowls, cutlery and napkins. Made from renewable and biodegradable materials, the Amazonica range has been created to pay tribute to the subtle forms of nature and the food that is served.
Strong growth and acquisition in New Zealand
Johan Sundelin is appointed as new President and CEO of Duni AB.
Interim report for Duni AB will be disclosed to the media for publication at 7.45 AM CET on Friday 14 July. Telephone conference at 10 AM CET.
On 3 May 2017, Duni AB's Annual General Meeting (“AGM”) in Malmö approved the proposed dividend to shareholders of SEK 5.00 per share.
On May 3rd 2017, Duni acquires 80% shares in United Corporation Limited, trading as Sharp Serviettes, from entrepreneurs Anissa and Craig Phillips. Sharp Serviettes is a leading manufacturer and supplier of napkins, hygiene, and food service products in New Zealand. The acquisition will be consolidated into Business Area New Markets as of May.
Improved income in Table Top
Interim report for Duni AB will be disclosed to the media for publication at 7.45 AM CET on Tuesday April 25. Telephone conference at 10 AM CET.
Duni announces that the company's complete Annual Report for 2016 in English and Swedish is now available at www.duni.com. The printed versions can be ordered from Duni’s web site.
Duni's Annual General Meeting will be held May 3, 2017.
In accordance with the listing agreement with Nasdaq Stockholm, Duni AB hereby also announces, by issuing a press release, the content of the notice concerning Duni’s Annual General Meeting on May 3, 2017.
Growth within Table Top business area