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    AUTO   BMG0670A1099

AUTOSTORE HOLDINGS LTD.

(AUTO)
  Report
Real-time Oslo Bors  -  10:28 2022-12-01 am EST
18.43 NOK   +3.45%
11/28AutoStore's Finance Chief to Resign
MT
11/28AutoStore Announces CFO Transition
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11/27AutoStore Holdings Ltd. Announces Resignation of Bent Skisaker as Chief Financial Officer
CI
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AutoStore Holdings Ltd - Resignation of board members

09/23/2022 | 10:15am EST

Board members Magnus Tornling and Ram Trichur have informed the board of directors of AutoStore Holdings Ltd. ("Autostore" or the "Company") that they resign from the Company's board of directors with effect from September 29th and 25th respectively. THL and SoftBank will appoint new board representatives to replace Magnus Tornling and Ram Trichur in due course. The co-chairs of the board of directors thank both Magnus Tornling and Ram Trichurfor for their valuable contributions to the board. The board of directors will continue to constitute a quorum after the announced resignations and appointments.

For further information, please contact:

Hiva Ghiri, VP Investor Relations, +47 958 66 790 hiva.ghiri@autostoresystem.com

About AutoStore

AutoStore, founded in 1996, is a robot technology company that invented, and continues to pioneer, Cube Storage Automation - the densest product/inventory storage solution in existence. The company's focus is to marry software and hardware with human abilities to create the future of warehousing. AutoStore is global, with more than 950 systems installed in +40 countries over a wide range of industries. All sales are designed, installed, and serviced by a network of qualified system integrators - which AutoStore calls 'partners'. The company's headquarters is in Nedre Vats (Norway), with offices also in Oslo (Norway), in the U.S., UK, Germany, Austria, France, Spain, Italy, Korea, Japan,and Singapore. Learn more at www.autostoresystem.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

https://news.cision.com/autostore-as/r/autostore-holdings-ltd---resignation-of-board-members,c3635852

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

Stocks mentioned in the article
ChangeLast1st jan.
AUTOSTORE HOLDINGS LTD. 3.45% 18.425 Real-time Quote.-48.80%
SOFTBANK GROUP CORP. 1.60% 6047 Delayed Quote.9.53%
All news about AUTOSTORE HOLDINGS LTD.
11/28AutoStore's Finance Chief to Resign
MT
11/28AutoStore Announces CFO Transition
AQ
11/27AutoStore Holdings Ltd. Announces Resignation of Bent Skisaker as Chief Financial Offic..
CI
11/22Autostore : joins United Nations Global Compact
PU
11/17Autostore : Mats Hovland Vikse - New CEO in AutoStore
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11/17AutoStore CEO to Step Down in 2023; Chief Revenue Officer Named Successor
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11/17AutoStore Holdings Ltd. Announces CEO Changes
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11/17AutoStore appoints Mats Hovland Vikse as new CEO
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11/15AutoStore Introduces a New Tool that Utilizes Data to Make Warehousing More Efficient
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11/15Autostore : Tool Utilizing Data for More Efficient Warehousing
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More news
Analyst Recommendations on AUTOSTORE HOLDINGS LTD.
More recommendations
Financials (USD)
Sales 2022 591 M - -
Net income 2022 102 M - -
Net Debt 2022 258 M - -
P/E ratio 2022 60,2x
Yield 2022 -
Capitalization 5 968 M 5 968 M -
EV / Sales 2022 10,5x
EV / Sales 2023 8,22x
Nbr of Employees 575
Free-Float 57,1%
Chart AUTOSTORE HOLDINGS LTD.
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Technical analysis trends AUTOSTORE HOLDINGS LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 1,79 $
Average target price 2,67 $
Spread / Average Target 49,2%
EPS Revisions
Managers and Directors
Karl Johan Lier President & Chief Executive Officer
Bent M. Skisaker Chief Financial Officer
Jim C. Carlisle Co-Chairman
Samuel J. Merksamer Co-Chairman
Anette Matre Chief People & Information Officer
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