**Re-issue of Zutec Year End Report - July 2017-June2018**
Please note that the annual report which will include full statutory financials will be released on Sept 26th 2018.
**Previous Press release omission: The company is listed on Nasdaq First North and Mangold Fondkommission AB is the Company’s acting Certified Adviser, tel. + 46 8 5030 1550, www.mangold.se and MAR statement**
Period July 1st 2017 – June 30th 2018
- Sales for the year SEK 35,231,000
- 40% fiscal year on year turnover growth
- Contracted sales of SEK 66,077,060 up to 2021 (an increase of 6% since Q4)
- EBITDA (Before IPO costs) SEK 6,289,000 for 2017/18
- 32% increase in client deployments
- Company Certified for ISO27001
- Global Construction Industry growing at 3% per annum
- Key hires in Management, Sales and Development
- Recurring annual software revenue 15% of revenues
- Recurring annual software revenue 27% of overall software revenues
- Clear Product Development strategy
- Inbound sales system being implemented
For additional Information please contact:
Brendan O’Riordan, CEO of Zutec Holding AB
Brendan.oriordan@zutec.com +353 86 8568971
Mangold Fondkommission AB is the Company’s acting Certified Adviser,
Tel. + 46 8 5030 1550, www.mangold.se
For the full statement, see attached PDF.
This information is inside information that Zutec Holding AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, September 19th 2018.
For further information, please contact:
Brendan O’Riordan CEO of Zutec Holding AB; brendan.oriordan@zutec.com
About Zutec Holding AB
Zutec develops and markets cloud-based software solutions, primarily directed to companies within the building and construction industry. The Company’s products help clients to increase their productivity and cost efficiency. Zutec provides solutions within project management, data and document collaboration tools, data enriched 3D-models, defect management, project handover and the operations and maintenance of buildings.
To find out more please visit www.zutec.com
