Press release, Sweden, Stockholm, 2 February 2024 Continued business focus and efficiency in combination with strategic acquisitions provide growth and profitability October-December 2023 Net sales increased during the quarter by 19,7 % to 125,3 MSEK (104,6). The organic and currency adjusted growth amounted to 2,5 %. Adjusted EBITDA increased during the quarter by 54,4 %…
Press release, Sweden, Stockholm, November 1, 2023 In accordance with decision by the Annual General Meeting, TagMasters Nomination Committee shall consist of five members, appointed by each of the four shareholders with the largest number of voting rights that wish to participate in the nomination committee, together with the chairman of the TagMaster Board. This…
Press release Sweden, Stockholm, October 31, 2023 Record high gross margin and strong development for Traffic Solutions segment Europe July-September 2023 Net sales increased during the quarter by 0,4 % to 86,9 MSEK (86,5). The organic and currency adjusted growth amounted to -4,1 %. Adjusted EBITDA increased during the quarter by 110,5 % and amounted…
Press release, Stockholm, Sweden, August 28, 2023 TagMaster, a leading supplier of data solutions and advanced sensor systems for Smart Cities within Traffic and Rail, through its US subsidiary Sensys Networks, has signed an agreement to acquire the radar division of Image Sensing Systems, Inc. (ISS), a Minnesota, US, corporation. The purchase price is approximately USD…
Press release Sweden, Stockholm, July 14, 2023 Record results for TagMaster April-June 2023 Net sales increased during the second quarter by 11,6 % to 98,2 MSEK (87,9). The organic and currency adjusted growth amounted to 6,2 %. Adjusted EBITDA increased during the second quarter by 95,4 % and amounted to 15,7 MSEK (8,0) corresponding to…
Press release, Stockholm, Sweden, April 28, 2023 Strong growth and better component situation First quarter 2023 Net sales increased during the first quarter by 18,7% to 94,4 MSEK (79,5). The organic and currency adjusted growth amounted to 12,9 %. Gross margin was 70,4% (66,3) Adjusted EBITDA increased during the first quarter and amounted to 7,9…
Press release, Stockholm, Sweden, 27 March 2023 The Nomination Committee of TagMaster AB has decided to submit the following proposals to the 2023 Annual General Meeting regarding the number of Board members and the election of Board members. The nomination committee proposes that the number of board members should continue to be four members. The…
Press release, Sweden, Stockholm, February 2, 2023 Record quarter for TagMaster October-December 2022 Net sales increased during the fourth quarter by 25,2% to 104,6 MSEK (83,5). The currency adjusted growth amounted to18,5 percent. Adjusted EBITDA increased during the fourth quarter by 189,0% to 14,7 MSEK (5,1), corresponding to an adjusted EBITDA margin by 14,0 %…
Press release, Sweden, Stockholm, November 15, 2022 In accordance with decision by the Annual General Meeting, TagMasters Nomination Committee shall consist of five members. The members should be one representative of each of the four largest shareholders in terms of voting rights that wish to participate in the committee, together with the chairman of the…
Press release, Sweden, Stockholm, October 27, 2022 Sales growth with the US market in the driver's seat Third quarter 2022 Net sales increased during the third quarter by 8,2% to 86,5 MSEK (80,0). Currency translations had a positive effect of 6,2 MSEK on net sales. Adjusted EBITDA decreased during the third quarter by 37,6% to…
