Selskabsmeddelelse nr. 41
Vejle, den 6. oktober 2020
The update below does not change the company's revenue expectations, which have been
announced in company announcement no. 28.
Change of production target for 2020
The delayed start-up of production and deliveries means that the announced expected
production target for 2020 is adjusted.
In the 4th quarter of 2020,
selected reference projects as well as to selected OEM buyers. Reference projects will usually
need 5-15 units, depending on the type of property.
Participants in the reference projects will pay for the
the companys distributor.
The reference projects will include larger and smaller properties where the hot water is
currently heated via a tank-based water heater or where oil, gas or district heating is used.
Energy calculations and bacterial measurements will be performed by external partners and
using advanced measuring devices. Data will be collected in a report, which will ensure that
the reference projects are documented and the report will include information on water, CO2
and energy savings. The report will also present financial calculations for how quickly the
savings can repay installations of
bacteria levels in the hot water infrastructure before and after the installation of Waturus
water heater units.
The reference projects will mainly be carried out in commercial properties as well as
institutions, as these are the companys primary target group.
The company has chosen this strategy, focusing on the implementation of reference projects in
Q4, since it is the main demand from stakeholders to supply the needed documentation.
It is expected that this strategy will ensure a more effective sales strategy in the future.
In the coming quarter, the production of the company products will mainly take place
manually, but the companies' robot production will be adjusted in parallel to be able to take
over parts of the production until all changes to the product and setup are in place.
Publication of data
The report will be published via the companys website and partners and is expected to be
completed no later than the first quarter of 2021.
Sales via distributor
Following the completion of the above report, the company will initiate the sale via an existing
agreement with the distribution company Brdr. Dahl, as well as initiate marketing activities
towards the primary target audience.
Further information:
CEO
Sjællandsgade 32
7100 Vejle
Certified Adviser
Tofte &
Christian IX Gade 7, 3 rd ,
1111
Tlf.: +45 71961030
Contract:
Website: toftecompany.com
Nasdaq First North Growth Market
Important links:
Website:
www.waturu.dk
Financiel reports:
www.waturu.dk/documents
News from the company:
www.linkedin.com/company/waturu/
www.facebook.com/WaturuDenmark/
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