Scandinavian Enviro Systems

Year End Report Scandinavian Enviro Systems AB (publ) January – December 2024

MAR

An extraordinary eventful year laying the foundation for continued success.

Fourth quarter 2024
· Net revenues for the period were MSEK 6.1 (3.2)
· Earnings after tax for the period were MSEK -27.5 (-23.6)
· Earnings per share for the period (before dilution) was SEK -0.03 (-0.03)
· Cash flow for the period after investments was MSEK -47.6 (-28.4)
· Fredrik Aaben has been appointed new CFO for Enviro
 
Period of January-December 2024
· Net revenues for the period were MSEK 170.8 (13.9)
· Earnings after tax for the period were MSEK 53.6 (-92.3)
· Earnings per share for the period (before dilution) was SEK 0.07 (-0.12)
· Cash flow for the period after investments was MSEK -138.8 (-96.8)
· Enviro, Michelin and Antin announces final investment decision for plant in Uddevalla
· In total the Company has received MSEK 132.4 during the year, of which half in cash and half as shares in joint venture
· Fredrik Emilson has been appointed new CEO of Enviro
· The construction of the new plant in Uddevalla has received starting notice
· Enviro’s recovered pyrolysis oil has been successfully processed by Neste into raw materials for chemicals and plastics
· Enviro receives order for 500 tons of tire pyrolysis oil from repeat customer

For further information, please contact:
Fredrik Emilson, CEO Enviro, +46 (0) 706-05 67 83, fredrik.emilson@envirosystems.se
Alf Blomqvist, Chairman of the Board of Enviro, +46 (0) 733-14 97 00, alf@blomqvistunlimited.com
Fredrik Aaben, CFO, +46 (0) 729-70 78 91, fredrik.aaben@envirosystems.se

Scandinavian Enviro Systems AB
Frihamnen 16B, SE-417 70 Gothenburg
info@envirosystems.se
envirosystems.se

Datum 2025-02-26, kl 08:30
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