Move About Groups Acting CEO Olof Jonasson specifies goals for ongoing efficiency program

In conjunction with the Q1 report, Move About presented a comprehensive efficiency program.  In an interview with Mangold Insight published on June 2, 2022, this is quantified through the following statement:  "The companys goal with the efficiency program is to reach cash-breakeven, at a monthly pace, already by the end of 2022, so that for 2023 we can continue to grow with assured profitability".

A link to the interview can be found here.

For further information

Olof Jonasson, CEO, Move About Group ABEmail: olof.jonasson@moveaboutgroup.com

+46 79-068 38 11

Certified Adviser

The companys Certified Adviser is Mangold Fondkommission AB, which can be reached at 08-5030 1550 and by e-mail ca@mangold.se.

Move About Group AB in brief

Move About offers app-based, environmentally friendly and cost-effective mobility solutions to individuals as well as companies, municipalities and organizations. The company has developed and owns all intellectual property rights to its cloud-based greentech platform that provides digital access to electric cars, electric bicycles, taxis, metro and parking via one and the same app - around the clock.

Every kilometer that the user travels with the electric cars through the platform reduces CO2 emissions. The companys comprehensive mobility solution is based on the Move About app, which gives the user access to the Companys pools of electric cars, electric bikes and electric scooters. Move About also helps companies, municipalities and organizations optimize their fleets by tailoring mobility solutions as needed. Move About was founded in Oslo, Norway in 2007 and today has over 58,500 users on its platform and over 730 electric cars in its fleet with a presence in Sweden, Norway and Germany.

Datum 2022-06-02, kl 16:41
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