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    INSTAL   SE0017483506

INSTALCO AB (PUBL)

(INSTAL)
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Delayed Nasdaq Stockholm  -  11:29 2022-07-01 am EDT
43.85 SEK   +3.66%
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Instalco is embarking on a sustainability collaboration with Universeum

05/19/2022 | 04:01am EDT

Within the scope of its Sustainability Program, Instalco will be collaborating with Universeum, which is the national science centre of Sweden, located in Gothenburg. The purpose of the collaboration is knowledge development in the area of sustainability.

Instalco will support Universeum with its mission of strengthening Sweden's talent management and innovative abilities, along with contributing to sustainable urban development.

 

"One of the sub-goals of our sustainability efforts at Instalco is to generate benefits to society. We do that each day through our climate-smart, energy-efficient installations. We also do it through collaboration with various organizations focused on improving society and making it more sustainable. We want to create a better environment by contributing what we are able to, which is why this collaboration with Universeum is such a great fit," says Robin Boheman CEO at Instalco.

 

Together with Universeum, Instalco would like to support and develop Sweden's sustainability by helping it improve its:

 

· talent management, competitiveness and innovation

· research, development and general education

· drive for sustainability within the scope of the 17 SDGs of Agenda 2030

 

The collaboration will raise the importance of sustainability from many different perspectives and contribute to knowledge development for several target groups for a sustainable societal development. Instalco and Universeum will initially collaborate for three years.

 

 

 

 

 

 

 

 

For further information

Fredrik Trahn, Head of IR & 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 115 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-is-embarking-on-a-sustainability-collaboration-with-universeum,c3570465

https://mb.cision.com/Main/15570/3570465/1581952.pdf

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

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Financials
Sales 2022 10 950 M 1 059 M 1 059 M
Net income 2022 581 M 56,2 M 56,2 M
Net Debt 2022 1 349 M 130 M 130 M
P/E ratio 2022 19,6x
Yield 2022 1,73%
Capitalization 11 412 M 1 103 M 1 103 M
EV / Sales 2022 1,17x
EV / Sales 2023 1,05x
Nbr of Employees 5 027
Free-Float 69,6%
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Robin Boheman Chief Executive Officer
Christina Kassberg Chief Financial Officer
Per Wiking Sj÷strand Chairman
Leif Johnny Alvarsson Independent Director
Eva Carina Edblad Independent Director
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