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    ALLIGO B   SE0009922305

ALLIGO AB (PUBL)

(ALLIGO B)
  Report
Delayed Nasdaq Stockholm  -  11:29 2022-08-16 am EDT
97.50 SEK   -2.40%
07/15TRANSCRIPT : Alligo AB, Q2 2022 Earnings Call, Jul 15, 2022
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07/15Alligo Interim Report 1 january-30 june 2022
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07/14Alligo AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
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Momentum : The business area Alligo within the Momentum group is considering moving TOOLS' Swedish logistics operations to Örebro

09/16/2021 | 02:46am EDT

The board of Momentum Group has decided to proceed with a proposal from the business area Alligo that involves moving TOOLS Sweden's logistics operations to the current logistics center in Örebro. Negotiations with stakeholders will now begin. Other companies within the Momentum Group are not affected by a decision. A final decision can be made when negotiations with stakeholders have been concluded, whereby the financial effects of a possible decision can also be presented.

"We see big advantages and efficiency gains in concentrating this our storage capacity and distribution in one location in Sweden. The number of customers who buy online, in our integrated stores or via other sales processes is increasing all the time. Using one distribution channel rather than two would mean more efficient goods flows and better service to our customers," says Clein Ullenvik, Business Area Manager at Alligo.

The current logistics center in Örebro went live in 2012 and is a modern facility including a large Autostore facility, where capacity was expanded in 2015 and 2020. The entire site was expanded in 2020 and has scope to be further automated. 

Stockholm, 16 September 2021

Momentum Group AB (publ)

For further information, please contact:
Clein Ullenvik, Business Area Manager Alligo, tel +46 (0)70 558 84 17The information contained herein is such that the Momentum Group AB (publ) is required to publish pursuant to the EU Market Abuse Regulation. The information provided care of the contact persons above, is embargoed for publication until 8.45 CEST on 16 September 2021.

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

https://news.cision.com/momentum-group-ab--publ-/r/the-business-area-alligo-within-the-momentum-group-is-considering-moving-tools--swedish-logistics-op,c3416222

https://mb.cision.com/Main/18955/3416222/1469012.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about ALLIGO AB (PUBL)
07/15TRANSCRIPT : Alligo AB, Q2 2022 Earnings Call, Jul 15, 2022
CI
07/15Alligo Interim Report 1 january-30 june 2022
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07/14Alligo AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30,..
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Financials
Sales 2022 8 888 M 862 M 862 M
Net income 2022 452 M 43,8 M 43,8 M
Net Debt 2022 2 294 M 222 M 222 M
P/E ratio 2022 11,0x
Yield 2022 3,25%
Capitalization 5 043 M 487 M 489 M
EV / Sales 2022 0,83x
EV / Sales 2023 0,78x
Nbr of Employees 2 314
Free-Float 41,9%
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Number of Analysts 2
Last Close Price 99,90 SEK
Average target price 147,50 SEK
Spread / Average Target 47,6%
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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 Sjö Chairman
Stefan Hedelius Independent Director
Ulf Göran Näsholm Independent Director
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