Changes in Dustin's group management team
To further strengthen the position in Europe Dustin is making changes in the organisation and group management team, following the acquisition of Centralpoint.
To further strengthen the position in Europe Dustin is making changes in the organisation and group management team, following the acquisition of Centralpoint.
Dustin Group will hold a conference call for investors, analysts and media on June 30th at CET 09:00 am with reference to the release of the Interim report for the third quarter.
Today, Dustin announces changes to the Nomination Committee as a result of the recently completed issue in kind in connection with the acquisition of Centralpoint Holding B.V., whereby the ownership structure of Dustin has changed.
Dustin Group AB (publ) (”Dustin”) has today completed the acquisition of Centralpoint Holding B.V. (”Centralpoint”) and takes a leading position in the Benelux region.
All closing conditions for completion of Dustin Group AB's (publ) ("Dustin") acquisition of Centralpoint Holding B.V. ("Centralpoint") are now fulfilled. Completion of the acquisition is planned to take place on June 3, 2021.
The long-term incentive program for senior executives introduced at the annual general meeting on 13 December 2017 entitles the holder of warrants to subscribe for new shares in the company during the first half of 2021. In May, a total of 48,292 shares have been issued through the exercise of warrants received from the incentive program. Prior to the issue of the new shares, there were 88,647,339
The members of the Nomination Committee for Dustin Annual General Meeting 2020/2021 have now been appointed.
Dustin Group AB (publ) (”Dustin” or the ”Company”) today held an Extraordinary General Meeting (the "EGM"). Due to the continuing coronavirus pandemic, the EGM was held only through postal voting in accordance with temporary legislation. The EGM resolved in accordance with the proposals of the Board.
Dustin’s President & CEO Thomas Ekman has acquired another 23,000 shares in the company. As per today his holding amounts to 63,500 shares and 439,728 warrants.
The Board of Dustin has resolved to offer the holders of warrants of series 2018/2021 to repurchase their warrants. The offer only concerns the settlement of the warrants and does not entail any changes to the terms of the warrants or the plan.
Second quarter
Net sales rose 4.0 per cent to SEK 3,683 million (3,543). Organic sales growth was 6.4 per cent (4.0), of which SMB accounted for 8.3 per cent (2.8), LCP 4.9 per cent (4.1) and B2C 5.5 per cent (12.5). The gross margin amounted to 16.1 per cent (15.7). Adjusted EBITA amounted to SEK 201 million (154), corresponding to an adjusted EBITA margin of 5.5 per cent (4.3). EBIT t
Centralpoint Holding B.V. ("Centralpoint") is the leading IT value added reseller in the Benelux region. With the acquisition of Centralpoint Dustin expands its home market, paving the way for continued expansion in the Benelux region.