Saxlund - Käänneyhtiö Ruotsista?

Saxlunds dotterbolag IMUS AB har signerat ännu ett kontrakt med Fortum Sverige AB. Kontraktet har ett värde av ca 14 MSEK inklusive optioner. Arbetet kommer att påbörjas under augusti 2024 och avslutas maj 2025.

IMUS tecknar avtal med Fortum AB. Fortum har verksamhet i mer än 40 länder och är den 3:e största producenten av koldioxidfri el i Europa. Fortums anläggning i Höljes står inför en renovering av sina dammluckor och hydrauliken ska ersättas med linspel som en del i Fortums miljöarbete.

-Det är glädjande att Fortum visar fortsatt förtroende genom att lägga en ny tekniskt avancerad order hos IMUS. Vi kommer att utföra ett liknande arbete som vi gjorde för Fortums anläggning i Bergvik under 2023. I och med detta planerar vi att anställa och expandera IMUS med en servicepunkt längs Ljusnan. Jag ser god potential inom vattenkraften och 2024 kommer att bli en spännande tid för IMUS, säger Fredrik Nordling, VD för Saxlund Group AB

Tilausuutinen tältä päivältä

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Tältä päivältä tiedotetta:

Saxlund International Holding AB har erhållit tilldelningsbeslut från Finspångs Tekniska Verk AB, via Sinfras ramavtal för småskalig värmeproduktion, för en platsbyggd anläggning. Anläggningen består av en 5 MW pelletspanna med möjlighet att utöka med ytterligare en 5 MW pelletspanna. Kontraktsvärdet uppgår till ca 47 MSEK inklusive optioner. Avtal tecknas tidigast inom 10 dagar.

-Saxlund har fått en order inom ramavtalet med Sinfra för leverans av en platsbyggd bioenergianläggning till Finspångs Tekniska Verk. Leveransen innefattar pannhus och två kompletta pelletspannor med ESP-filter. Arbetet kommer att pågå under år 2024 med värmeleverans kommande eldningssäsong. Vid två pannor sker arbetet med panna två under år 2025. Det här är den enskilt största ordersumman de senaste tio åren för Saxlund. Vi är glada att få motta den här tilldelningen från Finspångs Tekniska Verk och vi tackar för förtroendet, säger Fredrik Nordling, VD för Saxlund Group AB.

Mukava nähdä, että yhtiölle tulee vielä tilauksia ja että Sinfra puitesopimus tuottaa edelleen uusia sopimuksia. Yhtiön suurin tilaus kymmeneen vuoteen, vaikka sisältääkin lisäoption, mutta mehän luotamme, että asiakas käyttää koko sopimuksen :wink:

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Year-end report January - December 2023

We contribute to Clean Energy, Clean Air and Clean Water

  • A contract was signed with the world’s largest furniture company
  • Turnover increased by 79% for the quarter
  • OPEX decreased by 15% for the quarter

Fourth quarter 2023

  • Net sales amounted to SEK 67.3 (37.6) million
  • Operating profit before depreciation (EBITDA) amounted to -13.0 (-9.9) MSEK
  • Operating profit (EBIT) for the period amounted to -13.9 (-10.8) MSEK
  • Profit after tax amounted to -14.9 (-12.9) MSEK
  • Earnings per share amounted to SEK -0.02 (-0.02) before and after dilution

The whole year 2023

  • Net sales amounted to SEK 308.1 (250.0) million
  • Operating profit before depreciation (EBITDA) amounted to -16.0 (-6.6) MSEK
  • Operating profit (EBIT) for the period amounted to -20.2 (-10.6) MSEK
  • Profit after tax amounted to -26.7 (-10.2) MSEK
  • Earnings per share amounted to SEK -0.04 (-0.02) before and after dilution

Significant events in the fourth quarter

  • Subsidiaries in Sweden have signed contracts worth SEK 22 million.

Significant events after the end of the reporting period

  • Subsidiaries in Sweden sign contracts worth approximately SEK 14 million.
  • Subsidiaries in Sweden have received allocation decisions of approximately SEK 47 million.

Kannattavuuden kanssa vaan riittää tekemistä. Kasvu-uralla liikevaihdon osalta ja parit sopimukset taskussa. .

CEO:n kommenteista liittyen kannattavuuteen :man_shrugging:

The deteriorated result mainly relates to a project in Sweden signed in 2022. Among other things, the cost increases have not been able to be compensated with price increases towards the customer.

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Dotterbolag i Tyskland tecknar kontrakt till ett värde om ca 17 MSEK

Saxlund International GmbH har signerat avtal med WTE Group som är en av Europas ledande leverantörer av kommunal och industriell vattenhantering. Leveransen avser materialhanteringssystem inom slam och ordern går till Nordmakedonien.

Saxlund kommer att leverera ett materialhanteringssystem, som till största delen består av Saxlunds unika pump för avloppsslam. Vi är glada att signera avtalet med WTE och vi tackar för förtroendet, säger Fredrik Nordling, VD för Saxlund Group AB.

Yhtiön tämän päivän tilausuutinen

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Interim report January-March 2024

We contribute to Clean Energy, Clean Air and Clean Water

  • Signed the single biggest contract in the last ten years
  • Project operations’ turnover increased by 27 percent
  • EBITDA improved by SEK 2.3 million

First quarter 2024

  • Net sales amounted to SEK 75.9 (67.6) million
  • Operating profit before depreciation (EBITDA) amounted to SEK -4.6 (-6.9) million
  • Operating profit (EBIT) for the period amounted to -5.7 (-7.7) MSEK
  • Profit after tax amounted to -6.7 (-9.9) MSEK
  • Earnings per share amounted to SEK -0.01 (-0.02) before and after dilution

Significant events in the first quarter

  • Subsidiaries in Sweden have signed contracts worth approximately SEK 14 million
  • Subsidiaries in Sweden have signed contracts worth approximately SEK 48 million including options

Significant events after the end of the reporting period

  • Subsidiaries in Germany have signed contracts worth approximately SEK 17 million

Kassa riittää hyvin

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Eli odotus jatkuu tämän kanssa. Alkaa näyttää siltä, että yrityskaupalla tapahtunut laajentuminen vesivoimaan on kannattanut: “Vesialalla jatkoimme työskentelyä kovaa vauhtia ja olemme lisänneet jo hyvin täytettyyn tilauskantaan toisella tilauksella vuosille 2024 ja 2025. Tiedusteluja ja tarjouksia tulee jatkuvasti uusilta ja olemassa olevilta asiakkailta. Työskentelemme intensiivisesti lisätäksemme kapasiteettiamme edelleen vastataksemme lisääntyneeseen ja jatkuvasti kasvavaan kysyntään.” Muutenhan raportissa luonmehdittiin tilauskantaa tyydyttäväksi.

Tiedotteen mukaan projektiliiketoiminnan katteita on saatu parannettua mutta jälkimarkkinapuoli sakkaa. Niissä ilmeisesti pidemmät sopimukset eikä ole päästy vielä nostamaan hintoja.

Liikevaihto kasvu-uralla, mikä hyvä. Toivottavasti saisivat taas tuloksenkin pumpattua positiiviseksi.

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Jaahas, lisätty kysymysmerkki takaisin otsikkoon. Alkaa olla, että käänneyhtiö, mutta minä vuonna ja mihin suuntaan
:man_facepalming:

Osakeanti 0,01 SEK kpl-hintaan
Merkintäoikeudet 11:1 suhteessa omistajille elokuun lopulla.
Diluutio reilu 90%

Summary of the Rights Issue

  • One (1) existing share in the Company entitles to eleven (11) subscription rights. One (1) subscription right entitles you to subscribe for one (1) share. This means that the Rights Issue comprises a maximum of 7,051,657,085 new shares.
  • The subscription price in the rights issue is SEK 0.01 per share.
  • Through the Rights Issue, a maximum of approximately SEK 70.5 million can be added to Saxlund before deductions for costs attributable to the Rights Issue, which are estimated to amount to approximately SEK 6.7 million, of which approximately SEK 5.3 million is warranty compensation.
  • Mats Gabrielsson, Mind Finance AB (“Mind Finance”) and BO Intressenter AB (“BO Intressenter”), which together hold approximately 24.1 percent of the total number of shares and votes in Saxlund, have undertaken to subscribe their respective pro rata shares in the Rights Issue, corresponding to a total of approximately SEK 17.0 million. In addition, BO Intressenter, subject to the approval of the extraordinary general meeting, has entered into a guarantee commitment of approximately SEK 48.6 million, corresponding to approximately 68.9 percent of the rights issue. The rights issue is thus covered to approximately 93.0 percent by subscription obligations and guarantee commitments. The subscription obligations and the guarantee commitment are further conditional on the extraordinary general meeting approving the rights issue in accordance with the conditions of the Swedish Stock Exchange Board to grant an exemption from the obligation to bid as described under " Exemption from the obligation to bid " below.
  • The subscription period runs from and including September 2, 2024 to and including September 16, 2024, or the later date decided by the board.
  • Subscription rights that are not exercised during the subscription period become invalid and lose their value. Trading in subscription rights is planned to take place on the Nasdaq First North Growth Market from and including September 2, 2024 to and including September 11, 2024. Trading in BTA (paid subscribed shares) is planned to take place on the Nasdaq First North Growth Market during the period from and including the 5 September 2024 through September 27, 2024.
  • The rights issue means a maximum dilution of approximately 91.7 percent.
  • The rights issue is conditional on the approval of an extraordinary general meeting which is intended to be held on 26 August 2024. As it is not possible to issue new shares at a subscription price below the quota value, which currently amounts to approximately SEK 0.15 per share, the board intends to propose to the general meeting to also decide on measures to lower the quota value of the Company’s shares to a value corresponding to the subscription price in the Rights Issue. The measures that the board intends to propose for lowering the quota value require a change in the articles of association. The rights issue is further conditional on the extraordinary general meeting’s approval of BO Intressenter’s guarantee commitment and approval of the credit agreement (for more information, see the sections " Extra general meeting, board change and conditions for the implementation of the rights issue " and " Credit agreement and statement regarding working capital "). Notice of the extraordinary general meeting will be published through a separate press release.
  • Anyone who is a shareholder in Saxlund on the record date of August 29, 2024 will have preferential rights to subscribe for new shares in the Rights Issue. The last trading day in Saxlund’s shares, including the right to receive subscription rights, is August 27, 2024. The shares are traded without the right to receive subscription rights from and including August 28, 2024. Registration for the subscription of shares will also be possible without the support of subscription rights.
  • Full information regarding the Rights Issue and information about the Company will be provided in an EU growth prospectus which is expected to be published on the Company’s website around August 29, 2024.
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Ei nyt kovin hyvää tulosta, mikä toki odotettavissa tuollaisen anti-ilmoituksen jälkeen.
Ja seurantajaksolla ei olennaisia uusia tilauksia
Saksassa kuitenkin positiivista virettä ja velat saadaan pois antirahoilla.

26.8. EGM, missä päätetään annista. Siihen asti nykyiset laput oikeuttaa 1:11 suhteella merkitsemään uusia.
Mahdollista sekoilua odotettavissa sen jälkeen niin vanhojen ja uusien hinnoittelussa kuin merkintäoikeuksissa :grin:

Ajettu translaten läpi:

Interim report January - June 2024

We contribute to Clean Energy, Clean Air and Clean Water

January - June 2024

  • New issue of approximately SEK 70.5 million, guaranteed to 93 percent
  • Continued negative results in Swedish operations
  • A strong quarter in Germany

Second quarter 2024

  • Net sales amounted to SEK 73.2 (75.1) million
  • Operating profit before depreciation (EBITDA) amounted to SEK -1.9 (-0.7) million
  • Operating profit (EBIT) for the period amounted to -3.0 (0.0) MSEK
  • Profit after tax amounted to -6.5 (-1.6) MSEK
  • Earnings per share amounted to SEK -0.01 (0.00) before and after dilution

First half of 2024

  • Net sales amounted to SEK 149.0 (142.7) million
  • Operating profit before depreciation (EBITDA) amounted to SEK -6.5 (-6.2) million
  • Operating profit (EBIT) for the period amounted to -8.7 (-7.7) MSEK
  • Profit after tax amounted to -13.2 (-11.5) MSEK
  • Earnings per share amounted to SEK -0.02 (-0.02) before and after dilution

Significant events in the second quarter

  • No significant events during the period

Significant events after the end of the reporting period

Comment from CEO Fredrik Nordling

Saxlund continues to operate in a challenging business climate, but now we finally see tendencies towards improvement in the market. During the first half of the year, we achieved a turnover that exceeded the corresponding period of the previous year. Turnover amounted to SEK 149.1 million, compared to SEK 142.4 million the year before. The increase can be attributed to both the project activities and the aftermarket, where during the last quarter we saw somewhat better growth in the German market.

Germany’s sluggish economy has affected us over the past three quarters and the uncertain market situation has resulted in fewer inquiries and deferred decisions. We now see a positive development in our German operations with a good pipeline in project operations and increased demand in the aftermarket during the last quarter. In Sweden, inquiries within bioenergy remain at a low level, which has led us to adapt our organization to meet a lower occupancy.

We have not taken any major orders during the quarter, which has resulted in our order book being at a lower level, similar to autumn 2023.

EBITDA for the first half of the year amounted to -6.5 MSEK, compared to -6.2 MSEK in the same period last year. The deteriorating result is mainly due to lower margins within project operations. This is partly offset by a better result in the aftermarket, where Germany started the year weakly but recovered in the second quarter.

We continue to focus on profitability by measuring and streamlining our processes. Several improvements have already been implemented which makes us more efficient in our work. However, the market situation has prevented the effects from being fully reflected in the current figures. We are continuously adapting the organization to prevailing conditions to ensure that we can soon show positive results. The effects of the capacity adjustments we implemented will, as previously mentioned, begin to show in the fall and fully in the spring of 2025.

Our work in hydropower continues at a high pace, and we have intensified our recruitment efforts to increase capacity and be able to fill the order book. Demand in this area remains strong and the results satisfactory.

The board has decided on a rights issue of approximately SEK 70.5 million, guaranteed to approximately SEK 65.5 million. The proceeds will be used primarily to repay the loans taken out to finance the project activities, which have been incurred at extensive losses. The remaining funds are estimated to amount to approximately SEK 10 million and will be used as working capital. This capital injection will strengthen our balance sheet, which may enable business going forward.

Fredrik Nordling, CEO

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EGM pidetty ja antipäätökset nuijittu pöytään

Hallituksen kokoonpanosta ja palkkiosta päätetty lisäksi

Lyhyesti annin aikatulut ja määrät

The right to subscribe for shares shall, with preferential rights for existing shareholders, accrue to those who are registered as shareholders in the company on the record date for the Rights Issue. Each shareholder receives eleven (11) subscription rights for each (1) share held. Each (1) subscription right entitles you to subscribe for one (1) share. Allocation of subscription rights takes place according to each shareholder’s registered holdings with Euroclear Sweden AB as of August 29, 2024 (record date). The last day for trading in the company’s share including the right to receive subscription rights is August 27, 2024. The first day for trading in the company’s share excluding the right to receive subscription rights is August 28, 2024. The subscription price per share is SEK 0.01. Subscription of shares must take place during the period from and including September 2, 2024 to and including September 16, 2024. The board has the right to extend the subscription and payment period.

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Diluutiot ensin pohjille ja sitten luonnollisesti käänteinen splittaus suhteella 1:1000

Aggregation of shares
In order to achieve an appropriate number of shares for the company, the board proposes that the general meeting decide on a consolidation of the company’s shares, whereby the number of shares in the company is reduced by combining one thousand (1,000) shares into one (1) share (consolidation 1:1 000). Through the merger, the number of shares in the company will decrease from 7,199,059,735 to 7,199,059.

The board must be authorized to determine the record date for the merger (to fall after the decision has been registered with the Swedish Companies Registration Office) and take the other measures required for the implementation of the merger.

The shareholder BO Intressenter AB has undertaken to contribute shares free of charge to shareholders whose number of shares is not evenly divisible by 1,000. BO Intressenter AB has also undertaken to round its remaining shareholding in the Company down to the nearest number which is evenly divisible by 1,000 .

In connection with determining the record date for the merger, the board shall publish the decision on the determination of the record date as well as more detailed information about the procedure for the merger.

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Jaa, pitkälle valuttiin antihinnan alle :thinking:

Lainat olisi hoideltu antirahoilla, kustannusrakenne sitä kautta järkevämpi ja näköjään kauppojakin on saatu taas sovittua. 2026 alkaen kolme vuotta eteenpäin projektia Fortumille

Saxlund’s subsidiary IMUS AB signs a contract worth approximately SEK 10 million

Saxlund’s subsidiary IMUS AB has recently entered into an agreement with Fortum Sverige AB, worth approximately SEK 10 million. The work will begin in 2026 and span three years.

The new agreement with Fortum concerns a renovation of the sluice gates in Svarthålsforsen. The work also includes replacing the hydraulics with winches. Fortum operates in more than 40 countries and is the third largest producer of carbon dioxide-free electricity in Europe. This project is part of their investment in the environment.

  • It is gratifying that Fortum chooses to place a new technically advanced order with IMUS. We will carry out work similar to what we previously carried out for Fortum’s facilities in Bergvik and Höljes. We now have a solid platform in the hydropower area that we look forward to building on. IMUS is doing fantastic work and is becoming an increasingly central part of Saxlund, which I follow with great interest, says Fredrik Nordling, CEO of Saxlund Group AB
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Saxlundille tilausta aiemman jatkoksi. Mielenkiintoista nähdä, miten osakeannin jälkeen hommat etenee :thinking:

Option ordered by Finspångs Tekniska Verk AB at a value of approximately SEK 14 million

Saxlund International Holding AB signed an agreement in 2024, within the framework agreement with Sinfra, with Finspångs Tekniska Verk AB. The agreement concerned a new heating plant where the contract value amounted to 48 MSEK including options. Saxlund has now received an order for the option that was included in the agreement. The option concerns a 5 MW boiler and the value amounts to 14 MSEK. The work will continue during 2025.

-During 2024, we have worked on a new heating plant for Finspångs Tekniska Verk. The project has proceeded smoothly and it is really nice that we have increased trust from the customer. We thank you for the continued trust and look forward to continuing this project together with Finspång in 2025, says Fredrik Nordling, CEO of Saxlund Group AB.

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Ihan niin kuin olisi taas kääntymässä vähän parempaan suuntaan :thinking:
Ei nyt vielä ihan vakuuta, mutta kuitenkin edistystä.

  • Rahoitustilanne on kuitenkin merkittävästi parempi antikierroksen jälkeen :green_circle:
  • Tappiot katkaistu ja myynnistä positiivista signaalia :yellow_circle:
  • Backlogi vielä heikompi kuin tarkoitus :yellow_circle:
  • Saksassa vihreät saamassa ehkä hallituspaikkaa :green_circle:

Fourth quarter 2024

  • Net sales amounted to SEK 78.6 (67.3) million.
  • Operating profit before depreciation (EBITDA) amounted to SEK -1.8 (-13.0) million.
  • Operating profit (EBIT) for the period amounted to SEK -2.5 (-13.9) million.
  • Profit after tax amounted to SEK -4.0 (-14.9) million.
  • Earnings per share amounted to SEK 0.00 (-0.02) before and after dilution.

Full year 2024

  • Net sales amounted to SEK 307.3 (308.1) million.
  • Operating profit before depreciation (EBITDA) amounted to SEK -2.5 (-16.0) million.
  • Operating profit (EBIT) for the period amounted to SEK -6.4 (-20.2) million.
  • Profit after tax amounted to SEK -15.1 (-26.7) million.
  • Earnings per share amounted to SEK -0.02 (-0.04) before and after dilution.

Significant events in the fourth quarter

  • The board of directors decides on a reverse split of the company’s shares, which was approved at the extraordinary general meeting on November 6, 2024.
  • Subsidiary in Germany signs contract worth approximately SEK 12 million
  • Subsidiary in Sweden signs contract worth approximately SEK 10 million

Significant events after the end of the reporting period

  • Subsidiary in Sweden receives an order for an option worth approximately SEK 14 million

Comment from CEO Fredrik Nordling

For the fourth quarter, Saxlund reported sales of SEK 78.6 million, an increase of 17 percent compared to the same period last year. There has been strong sales in all markets, particularly in project operations.

The EBITDA result for the quarter amounted to -1.8 MSEK, which is an improvement compared to the previous year of approximately 11.2 MSEK. The last quarter is normally a weak quarter for our business and it is pleasing that we are making such a strong improvement. The quarter is also affected by a one-off effect of 2.0 MSEK in the UK which relates to a period before 2024. Without this effect, we show a positive EBITDA result for the quarter. It is of course unfortunate that we need to make this adjustment in the UK, but we have control over the situation and are implementing measures to avoid similar adjustments in the future.

When we sum up the year, I see that despite the changes we have implemented in recent years, we have a tough start. Then there is a clear turnaround during the summer, and we deliver a strong third quarter – in fact, the strongest in five years.

Some of the highlights during the year include Germany delivering a strong year despite a challenging market climate in the domestic market. We signed a major agreement with the world’s largest furniture manufacturer. We have delivered well in hydropower in the Swedish market, where we have worked with both new and old customers over the past two years. This, combined with the high quality of what we have delivered to our customers, has meant that hydropower is a strong contributor to our margin improvement.

In previous quarters, I have announced that we have a weaker order book than we have had historically. The order book has improved somewhat during the quarter but remains at a lower level than desirable. Our pipeline is strong and I expect that we will strengthen the order book from current levels going forward.

Our focus is to grow our aftermarket, which has happened by four percent. The margin has increased by a full five percent within the segment when we compare between years. This is a contributing factor to the improved result.

Personnel costs have increased more this year compared to previous years, which is due to the contractual wage increases that have been high during the year. Despite inflation and rent increases, we have reduced OPEX during the year by approximately five percent. We continue to work purposefully to streamline and maintain tight cost control.

The necessary share issue that Saxlund carried out during the third quarter has meant that the group is free of long-term liabilities other than leasing. This results in reduced financing costs and a better environment for doing sound business.

During the quarter, we have carried out a reverse split, which means that we have merged shares and significantly changed the number of shares and the share price. The decision was made to facilitate trading of the share.

Our previous focus on profitability and efficiency will continue in 2025. We have two good quarters behind us and I look forward to seeing the impact of that focus in the coming quarters. After that, the plan is to gradually intensify our focus on growth again.

Fredrik Nordling, CEO

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Vuosiraportti tuli ulos jo aikaa sitten, mutta jäi analysointi silloin tekemättä :person_shrugging:

Finchatin tiivistelmä CEO:n kommenteista, jossa nyt lienee ne olennaiset:

The CEO’s comments provide a comprehensive overview of Saxlund Group’s performance in 2024 and their strategic outlook for 2025. Here’s an analysis of the key points:

Aspect Details
2024 Performance - Revenue remained consistent with the previous year.
  • Initial challenges in 2024 due to changes made in 2023 and early 2024, which had not yet fully taken effect.
  • Significant improvement in the third quarter, marking the strongest performance in five years.
  • Fourth quarter showed marked improvement compared to the previous year.
  • EBITDA improved by 10 MSEK compared to the previous year.|
    |Geographical Highlights|- Strong performance in Germany despite a challenging domestic market.
  • Success in the Swedish hydropower segment, attributed to effective customer engagement and high-quality deliveries.|
    |Financial Stability|- A new share issue in the third quarter eliminated long-term debt, except for existing lease contracts.
  • Improved financial stability and reduced financing costs.
  • Conducted a reverse stock split to facilitate stock trading.|
    |Strategic Focus|- Continued focus on profitability and efficiency, which has yielded positive results.
  • Plans to gradually increase growth focus, primarily organically but also through acquisitions if opportunities arise.|
    |Challenges and Opportunities|- Completed a project in Sweden that negatively impacted results; another project was handed over in early 2025, setting the stage for improvement.
  • Order book is slightly weaker due to a strategic focus on profitability over volume, but a strong pipeline offers opportunities to strengthen it.|
    |Cost Management|- Active cost management led to reduced fixed costs despite inflation.
  • Personnel costs increased due to accounting harmonization and annual salary increases.
  • Efficiency improvements are expected to continue yielding positive effects in 2025.|
    |Organizational Development|- Efforts to create a more integrated group through coordination of different country units have been slower than expected.
  • Plans to intensify efforts in 2025 to ensure faster progress.|
    |Outlook for 2025|- Entering 2025 in a stronger position than the previous year.
  • Expecting a transitional year with fewer hydropower projects, but a stronger forecast for 2026.
  • Continued focus on creating long-term value for customers, employees, and shareholders.|

Overall, the CEO expresses pride in the achievements of 2024 and optimism for continued progress in 2025, with a focus on profitability, efficiency, and strategic growth. The company is well-positioned to build on its successes and address challenges in the coming year.

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Pitkään aikaan uutta tilausta, tällä kertaa Saksanmaalta.

Joko on muuten vaan hiljaista tai sitten töitä haetaan puheiden mukaisesti paremmalla katteella. Tulee vaan aika harvakseltaan sitten tilauskantaan :grimacing:

Subsidiary in Germany signs contract worth approximately SEK 16 million

Saxlund International GmbH has signed an agreement worth approximately SEK 16 million with the German company Doosan Lentjes GmbH for the delivery of sludge handling equipment to a power plant in Ghent, Belgium.

Doosan Lentjes focuses on environmental technology for efficient resource use in a sustainable circular economy. With its own processes for combustion, steam generation and flue gas cleaning, they deliver tailor-made plants for the treatment of thermal waste and sewage sludge.

Saxlund will supply its robust feed units, foreign object separators, conveyor screws and the reliable feed system for the boiler. All of the aforementioned equipment is designed and supplied by Saxlund and enables the customer to operate a boiler with alternative fuel.

From two receiving hoppers, the mechanically dried sludge will be transported to Saxlund’s drum separators. The separators will sort out foreign objects to protect the disc dryers and other equipment. After thermal drying, the sludge will be transported by screws to Saxlund’s boiler feed system.

We are pleased to announce that we have completed a significant sale through our German subsidiary and are now strengthening our order book. I would like to thank our dedicated team who have worked hard to deliver value and quality. We appreciate the trust that has been shown in us, says Fredrik Nordling, CEO of Saxlund Group AB

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