Press release -
Hövding continues to implement the plan for profitability through increased sales, improved gross margin and cost control.
Read Hövding Quarterly Report April - June 2021 in the attached document.
Hövding, a Swedish innovation, has been named “Best in Test” among the cycle helmets recommended by Belgian consumer organisation Test Aankoop. In tests, Hövding demonstrates superior protection and drastically reduces the risk of brain injury.
No cycle helmet has ever offered as much protection as Hövding’s – that is the conclusion of extensive cycle helmet tests conducted by the independent French testing institute Certimoov at the University of Strasbourg. Hövding’s airbag for cyclists demonstrates superior protection and drastically reduces the risk of brain injury, according to the report.
"With continued improvement of the gross margin that was up 11 percentage points compared to last year and 5 percentage points compared to the second quarter this year, we are well on par with our roadmap towards profitability." Read the Quarterly Report July - September 2021 from Hövding Sverige AB.
Sofia Svensson has been appointed new CEO of the innovative Swedish company Hövding. Fredrik Carling will leave his role as CEO after ten years and Sofia Svensson will succeed him in the first half of 2022.