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    OPTI   SE0005881786

OPTICEPT TECHNOLOGIES AB (PUBL)

(OPTI)
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Delayed Nasdaq Stockholm  -  11:29 2022-06-23 am EDT
42.05 SEK   +3.32%
06/13OptiCept Technologies - Shareholder letter June
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05/18Opticept Signs Commercial Agreement Regarding JuiceCEPT + with CREA
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Dagab decides to treat all its roses with OptiBoost for more sustainable sales

04/27/2022 | 05:36am EDT

Today OptiCept Technologies has, through its partner APH, signed a commercial agreement for the treatment of cut flowers with Dagab. During autumn of 2021, extensive evaluations of the OptiBoost technology were carried out together with APH and Dagab including 200 grocery stores, results that now lead to Dagab choosing to treat all its roses with OptiBoost.

Dagabs vision is to treat more than just roses as soon as possible and OptiCept's ambition is to develop the method so that it can happen.

The treatment of roses for Dagab will be done by the wholesaler APH via the agreement and machine that OptiCept already has with APH. OptiCept's value of this transaction is estimated to be approximately SEK 3-5 million per year.

Dagab is part of the Axfood Group and is responsible for assortment, purchasing, and logistics for all of Axfood's market concepts. They deliver the grocery assortment to about 600 own and collaborating stores within Axfood. The Group strives to be the best in the industry in terms of sustainability.

During the evaluation, OptiBoost showed a significant impact in terms of waste, as it was reduced by half and a the same time achieved a sharp increase in sales.

The commercial agreement is a step in further strengthening its sustainability mindset and reducing wastage in the flower segment while offering consumers a better product.

“Customer satisfaction and sustainability are key issues for us at Dagab. During the evaluation we carried through, we saw very good results and therefore we now choose to implement the method fully. We look forward to reducing wastage and gaining even more satisfied customers.” says Daniel Månsson, category area manager for fruit, vegetables & flowers, Dagab.

“It is fantastic that the Axfood Group, as the first grocery chain in the world, decides to treat its cut flowers with OptiBoost. We look forward to more store chains following suit.” Says Johan Möllerström, CEO, OptiCept Technologies

© Modular Finance, source Nordic Press Releases

Stocks mentioned in the article
ChangeLast1st jan.
AXFOOD AB (PUBL) 0.29% 272.6 Delayed Quote.5.58%
OPTICEPT TECHNOLOGIES AB (PUBL) 3.32% 42.05 Delayed Quote.-52.16%
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Financials
Sales 2022 202 M 19,9 M 19,9 M
Net income 2022 97,0 M 9,58 M 9,58 M
Net Debt 2022 - - -
P/E ratio 2022 8,58x
Yield 2022 -
Capitalization 837 M 82,7 M 82,7 M
Capi. / Sales 2022 4,14x
Capi. / Sales 2023 1,75x
Nbr of Employees 23
Free-Float 70,9%
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Last Close Price 42,05 SEK
Average target price 119,00 SEK
Spread / Average Target 183%
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Thomas Lundqvist Chief Executive Officer
Mats Narfeldt Chief Financial Officer
Ulf Erik Lennart Hagman Chairman
Katarzyna Dymek Manager-Research & Development
Jolanta Eisele Hedstr÷m Accountant & Administrator
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