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    INSTAL   SE0009664253

INSTALCO AB (PUBL)

(INSTAL)
  Report
Delayed Quote. Delayed Nasdaq Stockholm - 12/01 11:29:34 am
400.2 SEK   +0.30%
11/18Instalco expands it offering to the mining industry
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11/18INSTALCO AB (OM : INSTAL) acquired EPS Sweden AB/MRM Mining AB.
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11/09Interim report Juli - September 2021
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Instalco : Robin Boheman new CEO of Instalco

04/22/2021 | 02:01am EST

Robin Boheman, CFO of Instalco, has been appointed new CEO of the company. Robin will assume the position on 1 September 2021.

Robin Boheman was one of the first employees in Instalco after CEO Per Sjöstrand and has been part of the Group management team since the start. Robin worked as Head of M&A and Business Development between 2014-19 and was appointed as CFO of the group in 2019. He has prior experience of strategy development in listed companies and he has also worked as a consultant. He holds a MSc in accounting and finance from Uppsala University.

"Ever since he was employed, Robin has worked closely with Per Sjöstrand. The Board is very happy that Robin has accepted to assume the role as CEO after Per. His experience from the group's M&A work and finance function makes him an excellent successor. With Robin as the new CEO, we ensure continuity for Instalco", says Olof Ehrlén, Chairman of the Board in Instalco.

Robin Boheman will assume the role as CEO on 1 September 2021. The recruitment process for a new CFO will begin immediately.

"I have been part in developing Instalco since the company's inception and has been with it night and day ever since. I am excited to assume the CEO role from Per this autumn and I will continue to lead the Instalco spirit forward", says Robin Boheman.

The Nomination Committee of Instalco has previously announced that it will propose that the Annual General Meeting in 2021 elects CEO Per Sjöstrand as the new Chairman of the Board from the day when a new CEO assumes the role. Up until the time when Per Sjöstrand assumes the role of Chairman, the Nomination Committee has proposed a re-election of current Chairman Olof Ehrlén.



 

For further information:

Fredrik Trahn, Head of IR and Communications
Phone +46 70-913 67 96, 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 90 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/robin-boheman-new-ceo-of-instalco,c3330656

https://mb.cision.com/Main/15570/3330656/1405288.pdf

https://news.cision.com/instalco/i/robin-boheman,c2903176

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

All news about INSTALCO AB (PUBL)
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Financials
Sales 2021 8 750 M 966 M 966 M
Net income 2021 558 M 61,6 M 61,6 M
Net Debt 2021 1 059 M 117 M 117 M
P/E ratio 2021 37,6x
Yield 2021 0,80%
Capitalization 20 488 M 2 268 M 2 262 M
EV / Sales 2021 2,46x
EV / Sales 2022 2,10x
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
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 399,00 SEK
Average target price 511,00 SEK
Spread / Average Target 28,1%
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