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    ALLIGO B   SE0009922305

ALLIGO AB (PUBL)

(ALLIGO B)
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Delayed Nasdaq Stockholm  -  06:29 2022-08-12 am EDT
101.00 SEK   -0.59%
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 : acquires workwear specialist RAF Romerike Arbeidst°y in Norway

10/04/2021 | 03:01am EDT

Alligo, a business area of Momentum Group, has acquired 100 % of the shares in RAF Romerike Arbeidstøy AS. The acquisition further reinforces Alligo's position as a leading partner to industries and construction companies in Norway. The acquired company has an annual turnover of around NOK 16 million with solid margins.

RAF Romerike Arbeidstøy AS has two stores in Romerike outside Oslo and sells workwear and personal protective equipment (PPE).

- Through the acquisition of RAF we strengthen our position in workwear and PPE in the Oslo area, says Jens Kr. Henriksen, Country Manager for Alligo in Norway.

Closing takes place immediately and the acquisition is expected to have a marginal positive effect on Momentum Group's earnings per share during the current financial year.

Stockholm, 4 October 2021

Momentum Group AB (publ)

For further information, please contact:
Clein Ullenvik, Business Area Manager Alligo - tel: +46 70 558 84 17

This information was submitted for publication on 4 October 2021 at 09:00 CET.

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/momentum-group-acquires-workwear-specialist-raf-romerike-arbeidstoy-in-norway,c3426233

https://mb.cision.com/Main/18955/3426233/1476518.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
AQ
07/14Alligo AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30,..
CI
07/14ALLIGO : Momentum Group Interim Report Q2 2022 WebRapportpuff Q2 Eng
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Financials
Sales 2022 8 888 M 885 M 885 M
Net income 2022 452 M 45,0 M 45,0 M
Net Debt 2022 2 294 M 228 M 228 M
P/E ratio 2022 11,2x
Yield 2022 3,20%
Capitalization 5 129 M 511 M 511 M
EV / Sales 2022 0,84x
EV / Sales 2023 0,79x
Nbr of Employees 2 314
Free-Float 41,9%
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Mean consensus BUY
Number of Analysts 2
Last Close Price 101,60 SEK
Average target price 147,50 SEK
Spread / Average Target 45,2%
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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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