Press releases

Momentum Group is introducing a new Group structure for continued growth, profitability and development. The change 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. “Since the spin-off in March

The Group’s operations delivered favourable sales growth, with organic growth of 8% in the quarter. Acquired businesses contributed to this growth, and the Group’s revenue increased by a total of 45% year on year. Revenue growth, combined with effective cost control, led to a 40% increase in EBITA compared with the same quarter last year.

The Chairman of the Election Committee has received a request from Mattias Montgomery, nominated by Carnegie Fonder, that he wishes to resign from the Nomination Committee prematurely. After consideration and in accordance with the Election Committee’s instructions, the Election Committee has decided not to appoint a replacement for Mattias Montgomery, as the remaining members together

A continued healthy sales performance in the existing operations, combined with acquisitions, contributed to a revenue increase of 23 per cent during the second quarter compared with the previous year, of which 7 per cent was attributable to comparable units. Two companies were acquired during the quarter, adding combined annual revenue of approximately SEK 370

Momentum Group continues its expansion and has today signed an agreement to initially acquire 93.7 percent of the shares in Askalon AB from the founding Warnqvist family. The remaining shares are still owned by the company's CEO Mats Warnqvist. Askalon had sales of SEK 317 million in 2022 and has a leading position in advanced

The following resolutions, among others, were passed at the Annual General Meeting of Shareholders (the “Meeting”) and subsequent statutory Board meeting in Momentum Group AB (publ) (the “Company”) held today, 9 May 2023: Adoption of the income statements and balance sheetsThe Meeting adopted the income statement and balance sheet for the Company as well as

Continued high levels of customer activity, favourable demand and acquisitions all led to an increase in revenue of 26 per cent in the first quarter compared to the previous year, including 10 per cent attributable to comparable units. Growth combined with good cost control led to increased margins and an increase in EBITA of 36

Momentum Group’s Annual and Sustainability Report 2022 has been published and is now available on the Group’s website. – Our first year as an independent company was marked by the prevailing turmoil in the market. I am therefore particularly proud that our operations continued to perform so well and displayed an ability to adapt to

The shareholders in Momentum Group AB, corporate registration number 559266–0699 (“Momentum Group” or the “Company”), are hereby convened to the Annual General Meeting of Shareholders at 16:00 on Tuesday 9 May 2023 at Helio, Grev Turegatan 30, Stockholm. Registration for the Meeting will commence at 15:30. NOTICE OF PARTICIPATIONShareholders who wish to participate in the

Momentum Group concluded its first year as a listed company with favourable sales performance combined with increased earnings. Revenue increased by 23 per cent, of which 11 per cent for comparable companies, and EBITA rose by 19 per cent compared with the fourth quarter last year. This growth was the result of structured improvement efforts