Dustin Group
Ecommerce Platforms · Sweden · 501-1,000 Employees
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Overview
Headquarters
PO Box, Nacka Strand, Stockholm, 131 27,...Phone Number
+358 9584422Website
www.dustin.seRevenue
$63.4 MillionIndustry
About Dustin Group
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Dustin Group News & Media
Nomination Committe proposes new Chariman in Dustin
The Nomination Committee of Dustin has decided to propose that Thomas Ekman shall be elected as Chariman of the Board at the Annual General Meeting on December 12. Mia Brunell Livfors has announced that she is not available for re-election as Chairman of the Board, but as member of the board. - We are very pleased to be able to propose Thomas Ekman as the new Chairman of the Board. With his solid knowledge ofStatement from the independent bid committee within the Board of Directors of Dustin Group AB (publ) regarding the mandatory offer from Axel Johnson AB
The independent bid committee of Dustin Group AB (publ) ("Dustin" or the "Company") unanimously recommends the shareholders of Dustin not to accept the mandatory public offer made by Axel Johnson AB, through its wholly-owned subsidiary, AxMedia AB ("Axel Johnson"). This statement is made by the independent bid committee[1] within Dustin’s Board of Directors pursuant to section II.19 of Nasdaq Stockholm's Takeover rules (the "Takeover Rules"). Background On June 27, 2023, Axel Johnson announced tRegarding mandatory offer from Axel Johnson AB
Dustin notes that Axel Johnson AB, through its wholly-owned subsidiary, AxMedia AB (”Axel Johnson”), on June 27, 2023 announced that Axel Johnson had acquired an additional 2,000,000 shares in Dustin Group AB (publ) (“Dustin”) and, thereafter, owns 30.5 percent of the shares and votes in Dustin. Thus, the threshold for making a mandatory public offer had been exceeded and on June 29, 2023, Axel Johnson announced such an offer of SEK 28.50 per share to theQ3: Strong cash flow in a cautious market
Third quarter • Net sales amounted to SEK 5,582 million (5,894). • Organic sales growth was -9.4 per cent (19.7), of which SMB accounted for -17.4 per cent (8.7) and LCP -5.5 per cent (26.1). • The gross margin amounted to 15.3 per cent (14.3). • Adjusted EBITA amounted to SEK 169 million (201), corresponding to an adjusted EBITA margin of 3.0 per cent (3.4). • EBIT totalled SEK 97 million (140), including items affecting
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Frequently Asked Questions Regarding Dustin Group
Founded in 1984, Dustin Group offers online IT products and services in Sweden, Denmark, Finland, Norway, and the Netherlands. The company sells hardware, software, and related services and solutions, as well as resells licenses. It also provides consulting and bundled services. The company sells its products through the online platform and relatio... Read More