As previously announced, Momentum Group's operations is divided into the two business areas, Industry and Infrastructure, as of 1 January 2024. As a result of the new Group structure, Momentum Group is adjusting the reporting for the business areas. To enable comparisons with future financial reporting, restated historical figures per quarter and full year for 2022 and 2023 are presented here.

The new Group structure strengthens the conditions for organic and acquired growth in each business area by making better use of the breadth and expertise that has been built up in the Group since the listing last year.

The interim report for the first quarter of 2024 will be the first report with the new structure.

The restated information has been compiled and presented in accordance with Momentum Group's accounting principles as described in Momentum Group's Annual and Sustainability Report for 2022. The restated financial information has not been audited.

The appendix to this press release contains the tables (as PDF and in Excel):

  • Restatement of quarterly summary by business area
  • Restatement of full year segment reporting

For further information, please contact:

Ulf Lilius, President & CEO
Tel: +46 8 92 90 00
 
Niklas Enmark, CFO
Tel: +46 703 93 66 73
niklas.enmark@momentum.group

Ann-Charlotte Svensson, IR
Tel: +46 720 85 72 62
ann-charlotte.svensson@momentum.group

About Momentum Group

Momentum Group operates, develops and acquires successful sustainable companies in the Nordic region through active ownership with decentralised profit and business responsibility. The Group consists of a number of companies that together constitute one of the Nordic region’s leading suppliers of industrial components, industrial services and other related services in the industrial sector. What the businesses have in common is that they help make customers’ operations easier, safer and more profitable by offering sustainable, long-life products and services with a strong local presence close to customers. The Group generates revenue of approximately SEK 2.3 billion and some 750 employees. Momentum Group's B share is listed on Nasdaq Stockholm. For more information, please visit momentum.group.

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Attachments

Restated figures according to new group structure in Momentum Group
240215 MMGR Proforma Bilaga ENG
Momentum Group Proforma 2022 2023

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