Profitable integration with high growth Third quarter Net sales increased during the third quarter by 88,1% to 82,4 MSEK (43,8) Adjusted EBITDA amounted to 8,5 MSEK (3,2), corresponding to a margin of 10,4% (7,3) EBITDA for the third quarter amounted to 4,3 MSEK (3,2), corresponding to a margin of 5,2% (7,3) Net result after tax…
Press release, Stockholm, Sweden 26 September 2019 TagMaster, a leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail, has through its subsidiary Sensys Networks Inc. received orders totaling more than $800,000 for several new projects in three major cities in the Gulf Area. Working in conjunction with local partners Sensys Networks is…
Press release, Stockholm, Sweden 9 August 2019 TagMaster, a leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail, strengthens its organization by appointing Peter Almgren as Marketing Director. Almgren will manage the marketing on a group level with special focus on digital marketing. As TagMaster group is growing and as the pace…
Outlining the new TagMaster Second quarter Net sales increased during the second quarter by 4,8 % to 53,2MSEK (50,7) Result before depreciation (EBITDA) for the second quarter amounted to 0,0 MSEK (3,4), corresponding to a margin of 0,0% (6,7) Net result after tax was -3,3 MSEK (0,8) Result per share was -0,01 (0,00) Cash flow…
Press release, Stockholm, July 11, 2019 TagMaster, the leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail, has, through its subsdiary Balogh SA, received an order for an American metro project. Balogh is one of the real pioneers in the RFID technology and was founded in 1958. Balogh today has offices for…
Press release Stockholm Sweden 14 June, 2019 TagMaster AB (publ) (“TagMaster”), a leading manufacturer and supplier of advanced sensor systems for Smart Cities, has completed the acquisition of Sensys Networks Inc (“Sensys Networks”). The acquisition was previously announced on May 3, 2019. The purchase price was USD 16 million on a debt and cash free…
Press release, Stockholm, Sweden, May 3, 2019 TagMaster AB (publ) (“TagMaster”), a leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail, has signed an agreement to acquire Sensys Networks Inc. (“Sensys Networks”). The purchase price is USD 16 million on a debt free, cash free basis, with an adjustment of net working…
Press Release, Stockholm, Sweden 25 April 2019 TagMaster, a leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail, announces that the company is in final negotiations regarding a major acquisition. The purpose is to become an even more attractive supplier of real time information – a basic requirement for building the Smart…
Press release, Stockholm, Sweden 25 April 2019 A quarter with good margins First quarter – Net sales decreased during the first quarter by 23,0% to 43,9 MSEK (57,0) – Result before depreciation (EBITDA) decreased during the first quarter by 18,9% to 4,3 MSEK (5,3), corresponding to a margin of 9,7% (9,2) – Net result after…
Press Release, Stockholm, Sweden 12 April 2019 TagMaster, a leading supplier of advanced sensor systems for Smart Cities within Traffic and Rail, has through its subsidiary Balogh SA, received an extension order for SNCF Transilien that is the train system supporting the larger Paris area. Balogh is one of the pioneers in the RFID technology…
