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Polygiene reports new record sales in the fourth quarter

15 January 2021 - 08:45

The Company provides guidance on sales development in the fourth quarter and reports sales of 26.9 (19.0) MSEK, which corresponds to growth of 41.4 %.

The Company's wholly owned subsidiary Addmaster Ltd, which was acquired at the beginning of the year, had an even stronger development and increased by as much as 69.2 % (excluding sales to Polygiene) and amounted to 1.7 (1.0) MGBP. Due to the annual report, the entire result hasn’t been completed yet.

“It is satisfying to see how we start delivering on the agreements we signed during the year and it’s fantastic to be able to show another record quarter. Our wholly owned subsidiary, Addmaster Ltd, also broke a new sales record during the quarter, which makes me even more comfortable with how brilliant this acquisition was,” says Ulrika Björk, CEO of Polygiene. Even though these figures are not reported into our group yet, it gives a good indication of how the future will develop”, she concludes.

The Year End report will be released on February 25th, 2021.

This information is information that Polygiene AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact set out below, at 8.45 CET on January 15th, 2021.

For more information, visit ir.polygiene.com or contact:
The Company’s IR at e-mail: [email protected]

Ulrika Björk, CEO, Mobile: +46 (0) 70 921 12 75, e-mail: [email protected]

Subscribe here to get reports, press releases and newsletters:
http://ir.polygiene.com/en/press/subscribe/

About Polygiene
As the world leader in stays fresh technologies, we want to change the way we view products – from fast consumables to durables. We treat clothes, accessories, home products, and textiles to help people stay fresh, wash less and let clothes and products live longer. Over 200 global premium brands have chosen to use the Polygiene brand with their products. Polygiene is listed on Nasdaq First North Growth Market in Stockholm, Sweden. For more information: polygiene.com Erik Penser Bank AB acts as its Certified Adviser. Phone: +46 8- 463 83 00, e-mail: [email protected].

Provided by: Cision
Nasdaq First North GM (Sweden)
Polygiene AB
Polygiene AB is a provider of odor control and stay fresh solutions. Its sales and markets its products in various segments including Sport & Outdoor, Lifestyle, Home Design, and Footwear. It generates the majority of the revenue from Sport & Outdoor segment which includes sportswear, protective gear, outdoor, hunting, and fishing. The company generates revenue through sales of chemicals and royal...
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