Brief: Acconeer Prelim FY EBIT Loss Of SEK 47 Mln, To Carry Out Rights Issue Of SEK 150 Mln

Acconeer AB

30/01/2024 07:13

Jan 30 (Reuters) - Acconeer AB  ACCON.ST :
    * SAID ON MONDAY IT INTENDS TO CARRY OUT FULLY GUARANTEED
RIGHTS
ISSUE OF ABOUT SEK 150 MILLION
    * SECURED SUBSCRIPTION UNDERTAKINGS FROM EXISTING
SHAREHOLDERS
ALPS ALPINE CO., LTD., THE INGVARSSON FAMILY (THROUGH SIFONEN AB
AND PRIVATELY), CHAIRMAN OF THE BOARD THOMAS REX, AND CEO LARS
LINDELL, OF ABOUT SEK 20 MILLION, CORRESPONDING TO ABOUT 13% OF
RIGHTS ISSUE
    * EXTERNAL GUARANTORS HAVE PROVIDED GUARANTEE COMMITMENTS
THAT
AMOUNT TO ABOUT SEK 130 MILLION, CORRESPONDING TO ABOUT 87% OF
RIGHTS ISSUE
    * BOD RESOLVED ON FINANCIAL TARGETS: NET SALES OF MORE THAN
SEK
300 MILLION IN 2027; EBIT BREAK-EVEN DURING 2025; LONG-TERM EBIT
MARGIN OF AT LEAST 25%
    * PRELIM. FY 2023 RESULTS: NET SALES ABOUT SEK 35 (47)
MILLION
    * PRELIM. FY 2023 RESULTS: GROSS PROFIT ABOUT SEK 25 (31)
MILLION
    * PRELIM. FY 2023 RESULTS: EBIT ABOUT SEK -47 (-47) MILLION
    * AT THE END OF FY 2023 CASH AND CASH EQUIVALENTS AMOUNTED
PRELIMINARILY TO ABOUT SEK 38 (90) MILLION

        
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