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    INSTAL   SE0009664253

INSTALCO AB (PUBL)

(INSTAL)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe Europe - 12/03 07:29:47 am
390.4 SEK   -1.31%
11/18Instalco expands it offering to the mining industry
AQ
11/18INSTALCO AB (OM : INSTAL) acquired EPS Sweden AB/MRM Mining AB.
CI
11/09Interim report Juli - September 2021
PU
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Instalco : Christina Kassberg appointed new CFO for Instalco

10/01/2021 | 03:31am EST

Christina Kassberg has been appointed the new CFO for Instalco and she will take over that role on 1 November 2021. She has a background in listed companies pursuing a high level of acquisition and most recently she worked at Climeon, also in the role of CFO.

Christina Kassberg has extensive experience from leading positions in accounting and finance. Besides her most recent position as CFO at Climeon, she has worked at Addtech, Resurs Holding and Medivir, among others.

"I am very happy that Christina will be joining Instalco as the company's CFO. She has an excellent profile, with a background in, and knowledge of, high-acquisition companies. Her experience and professionalism will be a great asset to the company," says Robin Boheman, CEO at Instalco.

Besides her solid experience from leading positions in accounting and finance, Christina has also worked with management issues, HR and sustainability.

"Instalco is an exciting, expansive company that has an attractive business model for driven entrepreneurs in the installation sector. I am very much looking forward to joining the team and contributing to Instalco's continued growth," says Christina Kassberg.

For further information
Fredrik Trahn, Head of IR and Communications
phone +46 70 913 67 96, e-mail fredrik.trahn@instalco.se

Instalco is one of the leading installation companies in the Nordic region, active in the areas of heating, plumbing, electricity, cooling, technical consulting and industrial solutions. We offer project planning, design, installation, service and maintenance of systems installed at properties and facilities throughout Sweden, Norway and Finland. The operations are conducted through approximately 100 leading and highly specialised local companies, with the support of a small central organisation. Instalco is listed at Nasdaq Stockholm under the ticker INSTAL. For further information, visit www.instalco.se

https://news.cision.com/instalco/r/christina-kassberg-appointed-new-cfo-for-instalco,c3425382

https://mb.cision.com/Main/15570/3425382/1475948.pdf

https://news.cision.com/instalco/i/christina-kassberg,c2962288

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

Stocks mentioned in the article
ChangeLast1st jan.
CLIMEON AB (PUBL) 1.43% 9.95 Delayed Quote.-76.98%
INSTALCO AB (PUBL) -1.16% 390.2 Delayed Quote.57.61%
All news about INSTALCO AB (PUBL)
11/18Instalco expands it offering to the mining industry
AQ
11/18INSTALCO AB (OM : INSTAL) acquired EPS Sweden AB/MRM Mining AB.
CI
11/09Interim report Juli - September 2021
PU
11/09Instalco AB Reports Earnings Results for the Third Quarter and Nine Months Ended Septem..
CI
11/05Nomination Committee appointed in Instalco AB
AQ
11/05Instalco AB Appoints Nomination Committee
CI
11/02Invitation to phone conference with webcast in conjunction with the release of the Inst..
AQ
10/27Instalco surpasses the milestone of 100 subsidiaries
PU
10/27Instalco Buys Swedish Compressors Installation Firm Kompressorteknik
MT
10/27Instalco surpasses the milestone of 100 subsidiaries with the acquisition of Kompressor..
AQ
More news
Financials
Sales 2021 8 750 M 961 M 961 M
Net income 2021 558 M 61,3 M 61,3 M
Net Debt 2021 1 059 M 116 M 116 M
P/E ratio 2021 37,3x
Yield 2021 0,80%
Capitalization 20 253 M 2 239 M 2 223 M
EV / Sales 2021 2,44x
EV / Sales 2022 2,08x
Nbr of Employees 4 597
Free-Float 81,5%
Chart INSTALCO AB (PUBL)
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Technical analysis trends INSTALCO AB (PUBL)
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TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 2
Last Close Price 395,60 SEK
Average target price 511,00 SEK
Spread / Average Target 29,2%
EPS Revisions
Managers and Directors
Robin Boheman Chief Executive Officer
Christina Kassberg Chief Financial Officer
Per Wiking Sj÷strand Chairman
Leif Johnny Alvarsson Independent Director
Per Olof EhrlÚn Independent Director