Press release -
Judgement in a dispute between Dustin and Sør-Trøndelag Fylkeskommune et al
Sør-Trøndelag tingrett in Norway has today communicated a verdict in a dispute between Dustin and Sør-Trøndelag Fylkeskommune et al. The verdict, that concerns the interpretation of a contract signed in 2011, is in all material respects in favour of the counterpart. Dustin does not share the court’s ruling in the verdict and intends to appeal.
If the verdict stands it will have a negative impact of approximately 22.5 MSEK, 5.7 MSEK of that total has been previously reserved.
A full reservation for repayment etc. will be reported as an item affecting comparability during the third quarter 2016/17. Dustin has previously only made a limited reservation based on a legal analysis by the company and its external legal advisors.
Contact person:
Eva Ernfors, Head of Information eva.ernfors@dustin.se, +46 70 258 62 94
This information is information that Dustin Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 21:05 CET on May 29, 2017.
About Dustin
Dustin is one of the leading Nordic resellers of IT products with associated services to companies, the public sector and private individuals. With its core business in e-commerce, Dustin functions as a bridge between the manufacturer’s wide-ranging offerings and customer requirements, in which Dustin’s employees support customers in finding the appropriate solution for them.
Dustin is a one-stop-shop that offers some 200,000 products with associated services, features and solutions. Operations are conducted in Sweden, Denmark, Norway and Finland.
The company has approximately 900 employees. Sales during the 2015/16 financial year amounted to approximately SEK 8.3 billion. About 90 per cent of Dustin’s income derives from the corporate market with a focus on small and medium-sized companies. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.
