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    INSTAL   SE0009664253

INSTALCO AB (PUBL)

(INSTAL)
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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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Instalco : collaborates with Wayout on water purification in vulnerable areas

09/14/2021 | 02:01am EST

Instalco and Wayout International will begin collaborating on a project to increase access to clean water in vulnerable areas of the world.  Swedish Wayout is developing microfactories for local water purification that can then be used as drinking water.

For many people around the world, clean drinking water is a scarce resource. Wayout offers turnkey micro-purification factories for local production and distribution of clean drinking water. They are distributed to vulnerable areas around the world.

"Clean drinking water should be a basic human right. But unfortunately, it is a scarce resource in many parts of the world. At Instalco, water purification and water management solutions are things we are passionate about. It's an area we know well and where we want to make a meaningful contribution," says Robin Boheman, CEO at Instalco.

A single microfactory can produce as much as 150,000 litres of drinking water per month. Microfactories also help eliminate negative environmental impacts like bottling, transport and waste management of plastic bottles. At these 15 sq. m. microfactories, water is remineralized and used as drinking water or as the foundation for other drinks. The fully automated system has been designed to run on solar cells.

"We are very happy to start collaborating with Instalco and benefit from their expertise. If there is one thing we've learned during this pandemic, it's that it is no longer possible to depend on global value chains. We humans need to rethink it all. We need to start producing locally and we need to become self-sufficient in a sustainable way," says Ulf Stenerhag, CEO at Wayout.

Instalco has begun collaborating with Wayout International within the scope of its Sustainability Programme. The collaboration enables Wayout to ramp up its effort with production and distribution of micro-purification factories to areas of the world where clean drinking water is a scarcity. The microfactories are manufactured in Copenhagen and then shipped as turnkey solutions to users worldwide.


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/instalco-collaborates-with-wayout-on-water-purification-in-vulnerable-areas,c3414316

https://mb.cision.com/Main/15570/3414316/1467647.pdf

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

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Financials
Sales 2021 8 750 M 963 M 963 M
Net income 2021 558 M 61,4 M 61,4 M
Net Debt 2021 1 059 M 117 M 117 M
P/E ratio 2021 37,7x
Yield 2021 0,79%
Capitalization 20 488 M 2 268 M 2 256 M
EV / Sales 2021 2,46x
EV / Sales 2022 2,10x
Nbr of Employees 4 597
Free-Float 81,5%
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Number of Analysts 2
Last Close Price 400,20 SEK
Average target price 511,00 SEK
Spread / Average Target 27,7%
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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