News
Webcast recording from presentation of Q3 2024 results
Interim financial report for the third quarter 2024
Borgestad Groups profit before tax at MNOK 44.1 for Q3’24 compared to MNOK -29.4 in Q3’23. EBIT margin at 7.4 percent for Höganäs Borgestad Group LTM’24 compared to adjusted EBIT at 3.2 percent LTM’23. Agora Bytom delivered an EBITDA of MNOK 10.3 in Q3’24 compared to...
Postponement of longstop date for completion of sale-leaseback transaction
Reference is made to the stock exchange announcement byBorgestad ASA (the "Company" and, together with its consolidated subsidiaries,the "Group") published on 11 December 2023 regarding the approval from Bjuvmunicipality of the sale and leaseback transaction for the...
Invitation to presentation of Q3 2024 results
Borgestad ASA (the "Company") will release its Q3 2024 results on 13 November 2024. The report and presentation will be made available at 07:00 hours (CET) at www.borgestad.no and www.newsweb.no.In connection with the release of the Q3 results, the Company will host a...
Acquisition of shares in Höganäs Borgestad Holding AB
Borgestad ASA (the "Company ") has, through its wholly-owned subsidiary Borgestad Industries AB, today entered into a contract to purchase 4.62% of the shares in Höganäs Borgestad Holding AB from one of the minority shareholders of said company. Höganäs Borgestad...
Maintenance contracts with iron ore and steel companies in the Nordics
The Höganäs Borgestad Group, which operates the refractory business of Borgestad ASA, has entered into three maintenance contracts with a total estimated contract value of SEK 140 – 185 million. The contracts will be delivered within the installation business of the...
Complaint regarding Bjuv municipality’s approval of the sale-leaseback transaction for production facilities in Sweden
Reference is made to the stock exchange announcement by Borgestad ASA (the "Company" and, together with its consolidated subsidiaries, the "Group") published on 11 December 2023 regarding the approval from Bjuv municipality in Sweden of the sale and leaseback...
Repayment of tax debt in Sweden
Borgestad, 27 December 2023: Höganäs Borgestad, a subsidiary of Borgestad AS (the "Company"), has today repaid its tax debt to Swedish tax authorities of SEK 75.4 million, with the addition of outstanding interest, through a voluntary early repayment. The tax debt was...
Completion of refinancing
Reference is made to the stock exchange notification from Borgestad ASA (the "Company") earlier today, 20 December 2023, regarding the final results of the subsequent offering of shares in the Company, as well as earlier stock exchange notifications from the Company...