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    ALLIGO B   SE0009922305

ALLIGO AB (PUBL)

(ALLIGO B)
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Delayed Nasdaq Stockholm  -  05/16 11:24:08 am EDT
108.00 SEK   +2.08%
05/11Report from Annual General Meeting in Alligo AB (publ) on 11 May 2022
AQ
05/11Alligo AB Announces Management Changes
CI
05/11Alligo AB Approves Dividend, Payable on May 18, 2022
CI
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Alligo acquires Liukkosen Pultti in Finland

01/05/2022 | 07:31am EDT

Tools Finland Oy, a company within the Alligo Group, has entered into an agreement to acquire 100 per cent of the shares in the Finnish company Liukkosen Pultti Oy. Liukkosen Pultti runs a store in Lahti, selling workwear and tools and the acquisition strengthens Alligo's presence in the Finnish market.

Liukkosen Pultti has an annual turnover of approximately EUR 4,5 million with solid margin, is family-owned and has 12 employees.

"The acquisition supports our ambition to grow in Finland. The new store complements our existing store in Lahti, which mainly provides tools and broadens our range to include workwear. By integrating the two businesses and introducing sales of our own brands, we will be able to drive growth and profitability", says Mika Kärki, Country Manager at Alligo.

The acquisition is expected to be completed in early February.

For further information, please contact:
Clein Ullenvik, CEO & President
Tel +46 8 712 00 00
clein.ullenvik@alligo.com

Alligo AB is a leading reseller of industrial consumables and components, services and maintenance to professional end users in the industrial, construction and public sectors in the Nordic region. The Group has annual revenue of approximately SEK 9.5 billion and some 2,700 employees. Alligo AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.alligo.com.

https://news.cision.com/alligo-ab--publ-/r/alligo-acquires-liukkosen-pultti-in-finland,c3481536

https://mb.cision.com/Main/18955/3481536/1517257.pdf

(c) 2022 Cision. All rights reserved., source Press Releases - English

All news about ALLIGO AB (PUBL)
05/11Report from Annual General Meeting in Alligo AB (publ) on 11 May 2022
AQ
05/11Alligo AB Announces Management Changes
CI
05/11Alligo AB Approves Dividend, Payable on May 18, 2022
CI
04/28TRANSCRIPT : Alligo AB, Q1 2022 Earnings Call, Apr 28, 2022
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04/07Notice of Annual General Meeting of Shareholders in Alligo AB (publ) on 11 May 2022
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04/07Alligo AB Proposes Dividend for the Year 2021, Payable on May 18, 2022
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04/06Invitation to presentation of Alligo's Interim Report for the first quarter 2022
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03/23Report from Extraordinary General Meeting in Alligo AB (publ) on 23 March 2022
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03/23Alligo AB Elects Cecilia Marlow as New Board of Director
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03/23Alligo publishes Annual and Sustainability Report 2021
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More news
Financials
Sales 2022 8 784 M 871 M 871 M
Net income 2022 455 M 45,1 M 45,1 M
Net Debt 2022 2 396 M 238 M 238 M
P/E ratio 2022 11,9x
Yield 2022 3,01%
Capitalization 5 452 M 541 M 541 M
EV / Sales 2022 0,89x
EV / Sales 2023 0,82x
Nbr of Employees 2 319
Free-Float 40,9%
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Mean consensus BUY
Number of Analysts 2
Last Close Price 108,00 SEK
Average target price 180,00 SEK
Spread / Average Target 66,7%
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Managers and Directors
Ulf Lilius President & Chief Executive Officer
Irene Christina Wisenborn Bellander Chief Financial Officer & Executive Vice President
Johan Olov Sj÷ Chairman
Stefan Hedelius Independent Director
Ulf G÷ran Nńsholm Independent Director
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