All closing conditions for completion of Dustin Group AB's (publ) ("Dustin") acquisition of Centralpoint Holding B.V. ("Centralpoint") are now fulfilled. Completion of the acquisition is planned to take place on June 3, 2021.
The long-term incentive program for senior executives introduced at the annual general meeting on 13 December 2017 entitles the holder of warrants to subscribe for new shares in the company during the first half of 2021. In May, a total of 48,292 shares have been issued through the exercise of warrants received from the incentive program. Prior to the issue of the new shares, there were 88,647,339
The members of the Nomination Committee for Dustin Annual General Meeting 2020/2021 have now been appointed.
Dustin Group AB (publ) (”Dustin” or the ”Company”) today held an Extraordinary General Meeting (the "EGM"). Due to the continuing coronavirus pandemic, the EGM was held only through postal voting in accordance with temporary legislation. The EGM resolved in accordance with the proposals of the Board.
Dustin’s President & CEO Thomas Ekman has acquired another 23,000 shares in the company. As per today his holding amounts to 63,500 shares and 439,728 warrants.
The Board of Dustin has resolved to offer the holders of warrants of series 2018/2021 to repurchase their warrants. The offer only concerns the settlement of the warrants and does not entail any changes to the terms of the warrants or the plan.
Second quarter
Net sales rose 4.0 per cent to SEK 3,683 million (3,543). Organic sales growth was 6.4 per cent (4.0), of which SMB accounted for 8.3 per cent (2.8), LCP 4.9 per cent (4.1) and B2C 5.5 per cent (12.5). The gross margin amounted to 16.1 per cent (15.7). Adjusted EBITA amounted to SEK 201 million (154), corresponding to an adjusted EBITA margin of 5.5 per cent (4.3). EBIT t
Centralpoint Holding B.V. ("Centralpoint") is the leading IT value added reseller in the Benelux region. With the acquisition of Centralpoint Dustin expands its home market, paving the way for continued expansion in the Benelux region.
Dustin, a leading online IT partner serving the Nordic region and the Netherlands, is launching a completely new service that will make day-to-day IT easier for small businesses.
24 January is Circular Electronics Day, a day that aims to highlight the environmental benefits of extending the life of electronic products. Dustin, a leading online-based IT partner with operations in the Nordic region and the Netherlands, is one of the organisations behind the global initiative and wants to inspire a more circular IT industry.
First quarter
Net sales rose 5.3 per cent to SEK 3,696 million (3,508). Organic sales growth was 8.0 per cent (6.1), of which SMB accounted for 7.1 per cent (0.3), LCP for 8.2 per cent (15.1) and B2C for 16.0 per cent (neg: 23.4). The gross margin amounted to 15.6 per cent (16.0). Adjusted EBITA amounted to SEK 171 million (156), corresponding to an adjusted EBITA margin of 4.6 per cent (
Dustin Group will hold a conference call for investors, analysts and media on January 12th at CET 09:00 am with reference to the release of the Interim report for the first quarter.