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22.05.25 - 08:36
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CTEK presents new financial targets for 2028 and more than triple the addressable market (Cision)
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At today's Capital Markets Day in Stockholm, Henrik Fagrenius, President and CEO of CTEK, and members of the Group Management Team will provide deeper insights into the company's strategic direction, market position and financial outlook. CTEK will also introduce two new adjacent product categories – Premium Booster and Power Solutions – as well as new financial targets for 2028.
Financial targets for 2028
The CTEK Board of Directors has adopted the following financial targets:
· Turnover – to achieve SEK 2 billion in net sales by 2028 (new).
· Profitability – to achieve an...
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09.05.25 - 14:36
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Press release from the Annual General Meeting in CTEK AB (publ) on 9 May 2025 (Cision)
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At today's Annual General Meeting in CTEK AB (publ) the shareholders resolved upon the following:
Adoption of the income statement and the balance sheet for the financial year 2024 and discharge from liability
The Annual General Meeting adopted the income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet for the financial year 2024, and discharged the board of directors and the CEO from liability for the management of 2024.
Allocation of profit or loss
The Annual General Meeting resolved, in accordance with the board of...
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06.05.25 - 07:48
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Interim report: “Continued growth for the Group and first quarter with profitability for the Professional division” (Cision)
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January – March 2025
· Net sales amounted to SEK 213 million (201). Organically, net sales increased by 5%.
· The gross margin was 56.4% (54.0).
· Adjusted EBITA amounted to SEK 19 million (19), corresponding to a margin of 9.1% (9.7).
· The cash flow from operating activities amounted to SEK 8 million (45).
“CTEK continued to grow profitability in the first quarter of the year. The Consumer division reported another strong quarter, thereby supporting the Group's growth. It was also gratifying that the Professional division could report a positive EBITDA margin for the...
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29.04.25 - 10:36
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Invitation to CTEKs presentation of the interim report (Cision)
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On May 6[th] at 09:00 CEST, CTEK will hold an audiocast in English. CTEK is represented by CEO Henrik Fagrenius and CFO Thom Mathisen, who present the interim report and answer questions.
If you wish to participate via webcast, please use the link below. https://ctek.events.inderes.com/q1-report-2025
If you wish to participate via teleconference, please register on the link below. After registration you will be provided with a phone number and a conference ID to access the conference. You can ask questions verbally via the teleconference. https://conference.inderes.com/teleconference/?...
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09.04.25 - 15:01
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Welcome to CTEKs 2025 Capital Markets Day – An update of CTEKs future strategy (Cision)
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CTEK welcomes investors, analysts and media representatives to our Capital Markets Day 2025. This event provides a unique opportunity to gain deeper insights into our strategic direction, market position and financial outlook. Key members of CTEKs management will present, and their presentations will be followed by interactive Q&A sessions.
On-site location: Inderes Event Studio, Västra Trädgårdsgatan 19, 111 53 Stockholm.
Date & time: The physical event will start May 22[nd] at 13:30 CEST, with registration from 13:00. The event will end at 16:30, followed by some time for networking...
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04.04.25 - 09:01
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Notice of Annual General Meeting in CTEK AB (publ) (Cision)
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CTEK AB (publ), Reg. No. 559217-4659, with its registered office in Hedemora, Sweden, gives notice of the Annual General Meeting to be held on 9 May 2025 at 13:00 CEST in CTEK's premises at Odlingsgatan 9, SE-174 53 Sundbyberg, Sweden. Registration starts at 12:30 CEST.
Right to participate in the Annual General Meeting and notice of participation
Participation in the Annual General Meeting at the venue
A shareholder who wishes to participate in the Annual General Meeting at the venue in person or represented by a proxy must (i) be recorded as a shareholder in the share register...
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29.01.25 - 09:01
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Invitation to CTEKs presentation of the year-end report (Cision)
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On February 5[th] at 09:00 CET, CTEK will hold an audiocast in English. CTEK is represented by CEO Henrik Fagrenius and CFO Thom Mathisen, who present the year-end report and answer questions.
If you wish to participate via webcast, please use the link below. https://ctek.events.inderes.com/q4-report-2024
If you wish to participate via teleconference, please register on the link below. After registration you will be provided with a phone number and a conference ID to access the conference. You can ask questions verbally via the teleconference. https://conference.inderes.com/...
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23.01.25 - 11:27
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XFRA : ICFFR - ENDE DER HANDELSUNTERBRECHUNG IN DIVERSEN AKTIEN - TEIL 4 (XETRA)
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IT0003365613
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IT0005119810
IT0005245508
IT0005274094
IT0005278236
IT0005426215
IT0005430936
IT0005430951
LU0584671464
NL0000009538
NL0009739416
NL0010558797
NL0010872388
NL0011832936
NL0013267909
PLGEOTR00010
PLSUNEX00013
USU0858L1036
FI4000511506
NO0013355859
SE0000616716
SE0006342333
SE0006510491
SE0006625471
SE0006887063
SE0007100607
SE0007158910
SE0007387246
SE0007897079
SE0008348304
SE0009155518
SE0009414576
SE0009973548
SE0010520106
SE0010948588
SE0010948711
SE0011337708
SE0011844091
SE0012729366
SE0013512464
SE0014608915
SE0015657853
SE0015812128
SE0016787071
SE0016798763
SE0017562523
SE0018040677
SE0018538068
SE0022062196
SE0022419784
SE0023112438...
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10.12.24 - 07:55
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Collaboration regarding EV chargers for General Motors ends – limited impact on future result and cash flow (Cision)
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CTEK has, in agreement with General Motors, ended the collaboration regarding the customized electric vehicle chargers that are marketed in North America from the third quarter of 2022. The ended collaboration entails one-off costs, mainly write-downs of capitalized development costs and inventory, in the order of SEK 70-90 million, in all material respects not affecting cash flow. These will mainly affect the fourth quarter of 2024 and are reported as an item affecting comparability.
"With hindsight, we can conclude that the current collaboration did not meet the expectations regarding...
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26.11.24 - 08:01
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Panasonic Nordic moves its headquarters to Umami Park (Cision)
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Panasonic Nordic is moving its headquarters in October next year to Wallenstam's environmentally certified premises at Umami Park, in Hallonbergen, Sundbyberg. The company will then move into just over 700 square meters in the popular area where the greentech companies CTEK and Ferroamp have also recently established themselves.
It is very nice to welcome Panasonic Nordic to Umami Park next fall. It clearly shows that environmentally certified flexible premises with a good location appeal to thoughtful companies. We are having an exciting dialogue with several companies to continue the...
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07.11.24 - 09:01
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Invitation to CTEKs presentation of the interim report (Cision)
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On November 14[th] at 09:00 CET, CTEK will hold an audiocast in English. CTEK is represented by CEO Henrik Fagrenius and CFO Thom Mathisen, who present the interim report and answer questions.
If you wish to participate via webcast, please use the link below. Via the webcast you can ask written questions. https://ir.financialhearings.com/ctek-q3-report-2024
If you wish to participate via teleconference, please register on the link below. After registration you will be provided with a phone number and a conference ID to access the conference. You can ask questions verbally via the...
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09.10.24 - 09:01
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Nomination committee for CTEK AB (publ) (Cision)
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In accordance with instructions for CTEK's nomination committee, the three largest shareholders in the company as of the end of august have appointed the following persons to be part of CTEK's nomination committee prior to the 2025 annual general meeting:
Heléne Mellquist, Chairman, appointed by Investmentbolaget AB Latour, Patricia Hedelius, appointed by AMF Tjänstepension och AMF Fonder, Thomas Wuolikainen, appointed by Fjärde AP-Fonden and the company's chairman Johan Menckel as co-opted.
Shareholders who wish to submit proposals to the nomination committee can contact the chairman...
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02.08.24 - 09:02
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Invitation to CTEKs presentation of the interim report (Cision)
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On August 9[th] at 09:00 CEST, CTEK will hold an audiocast in English. CTEK is represented by CEO Henrik Fagrenius and CFO Thom Mathisen, who present the interim report and answer questions.
If you wish to participate via webcast, please use the link below. Via the webcast you can ask written questions. https://ir.financialhearings.com/ctek-q2-report-2024
If you wish to participate via teleconference, please register on the link below. After registration you will be provided with a phone number and a conference ID to access the conference. You can ask questions verbally via the...
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26.06.24 - 15:01
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Redeye initiates coverage of CTEK (Cision)
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The Nordic investment bank Redeye have initiated coverage of CTEK, a market leader within premium low-voltage chargers that is leveraging its strong brand within the EVSE market.
The full report can be found here (https://www.redeye.se/research/1017012/ctek-recharged-and-ready-to-take-on-profitable-growth-opportunities) and attached.
CTEK's share is listed on Nasdaq Stockholm Mid Cap and is traded with the ticker CTEK....
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