Marcus Lindqvist to leave Dustin Group
Marcus Lindqvist, Head of B2B Sweden and Products, will leave Dustin Group for a position as CEO of Qliro Group.
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CEO and Group Management of Dustin to invest in new warrants programme
Group Management has acquired a total of 593,108 warrants in Dustin. Each warrant carries the entitlement to subscribe for one new share in the company for a subscription price corresponding to SEK 74.50 in accordance with the resolution by the Annual General Meeting on January 19, 2016.
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Bulletin from Annual General Meeting of Dustin Group AB
The following resolutions were passed at the Annual General Meeting (the “AGM”) of Dustin Group AB (publ) (the “Company” or “Dustin”) on 19 January 2016.
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Increased gross margin and healthy growth in core operations
First quarter
Net sales for the quarter increased 2.7 per cent to SEK 2,124 million (2,068). Organic growth in fixed exchange rates was 2.5 per cent (12.0). Gross margin increased to 14.8 per cent (14.2). Operating profit amounted to SEK 87 million (69). Adjusted EBITA increased to SEK 105 million (97). Items affecting comparability totalled a negative SEK 2 million (neg: 11). Profit for -
Invitation to a conference call
Dustin Group will hold a conference call for investors, analysts and media on January 19 at CET 10:00 am with reference to the release of the Interim report for the first quarter.
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DUSTIN GROUP AB (PUBL) NOTICE OF ANNUAL GENERAL MEETING
The shareholders of Dustin Group AB, reg no 556703-3062 (the “Company” or “Dustin”), are hereby summoned to the annual general meeting on 19 January 2016 at 2.00 p.m. at the Cinema Grand on Sveavägen 45, Stockholm. Registration for the annual general meeting starts at 1.00 p.m.
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Dustin publishes the 2014/15 Annual Report
Dustin today publishes the 2014/15 Annual Report and is available on Dustin’s website. www.dustingroup.com.
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Dustin signs Nordic partnership agreement with DLL and simultaneously divests lease portfolio
Dustin has decided to consolidate its financial offering to the corporate market in all Nordic countries through a partnership agreement with De Lage Landen Finans AB (DLL). In conjunction with this, the lease portfolio in Dustin’s financing activities will be divested to DLL. The sales price of the lease portfolio is estimated to correspond to the carrying amount.
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Strong growth in the core segment
Fourth quarter
Net sales for the quarter increased 7.4 per cent to SEK 1,759 million (1,637). Organic growth in fixed exchange rates amounted to 5.6 per cent (16.3). Gross margin amounted to 14.2 per cent (14.6). Adjusted EBITA amounted to SEK 67 million (70). Items affecting comparability totalled anegative SEK 5 million (neg: 46). Profit for the quarter amounted to SEK 30 million (loss -
Invitation to a conference call
Dustin Group will hold a conference call for investors, analysts and media October 14 at CET 10:00 am with reference to the release of the year-end report.
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Nomination Committee in Dustin
The members of the Nomination Committee for Dustin Annual General Meeting in 2016 have now been appointed.
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Favourable trend in core operations amid a challenging market
Third quarter
Net sales for the quarter increased 0.9 per cent to SEK 1,919 million (1,902). Organic growth in constant currency was negative 1.1 per cent (25,2). Gross margin rose to 14.2 per cent (13.6). Adjusted EBITA amounted to SEK 82 million (80). Items affecting comparability amounted to a negative SEK 15 million (100). Profit for the quarter amounted to 39 million (136). Earnings
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