<![CDATA[Middelborg - News]]>Thu, 14 Mar 2019 15:48:52 +0100Weebly<![CDATA[NRC Group announces acquisition and reports continued revenue and EBITDA growth]]>Tue, 14 Aug 2018 07:52:08 GMThttp://middelborg.no/news/nrc-group-announces-acquisition-and-reports-continued-revenue-and-ebitda-growth
NRC Group continues its positive development and had another great quarter with a revenue increase of 42% and EBITDA improvement of 51%. NRC Group also announced the acquisition of NSS Holding AS in connection with the Q2 report. NSS Holding AS is the sole shareholder of Norsk Saneringsservice AS and 70% shareholder in Miljøvakta AS. With this acquisition, NRC Group increases the focus on sustanability requirements and enter the decomissioning market. 

The 2018Q2 result report and result presentation can be found on the company's homepage: www.nrcgroup.com
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<![CDATA[Techstep reports increased revenue in Q4 2017]]>Thu, 15 Feb 2018 11:35:00 GMThttp://middelborg.no/news/techstep-reports-increased-revenue-in-q4-2017
Techstep presented their Q4 2017 on February 15th with the following highlights: 
  • Q4 2017 revenue was NOK 281.5 million (NOK 162.3 million); growth was driven by acquisitions and solutions sales, slightly offset by a decrease in hardware sales
  • Q4 2017 solutions revenue was NOK 62.8 million, including an organic growth of 52% year-over-year*
  • EBITDA adjusted amounted to NOK 12.8 million (NOK 2.4 million); growth attributed to acquisitions and increased solutions sales. The adjusted EBITDA margin was 4.5% (1.5%)
  • Full-year 2017 reported revenue was NOK 789.8 million (NOK 573.5 million). EBITDA adjusted amounted to NOK 29.5 million
  • The end-user base comprised ~620,000 at the end of 2017, providing a substantial platform for growth in 2018
  • Entered into direct distributor agreement with Telenor Norge AS (replacing agreement with Kjedehuset) regarding sale of Telenor business-to-business products in Norway
  • Jens Haviken, with experience from Dustin, Microsoft and Accenture, was appointed new CEO, and will assume the position in Q2 2018

​Read more at techstepasa.no
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<![CDATA[NRC Group presents another strong quarter and several major contracts]]>Mon, 12 Feb 2018 23:00:00 GMThttp://middelborg.no/news/nrc-group-presents-another-strong-quarter-and-several-major-contracts
NRC Group continued its positive development and had a record quarter with revenue increase and solid EBITDA growth. NRC Group has also been appointed to several major contracts recently, including the 402 NOKm contract for rebuilding Holtet tramline-base in Oslo. 

Fourth-quarter revenue was NOK 673.8 million, an increase of 22.1% compared with the same period of 2016. The early onset of winter impacted activity in Sweden as work on some projects were postponed to 2018. Activity levels in Norway reflected a low level of rail- and tramway projects awarded earlier in the year. EBITDA was NOK 69.7 million (NOK 47.4 million), equalling an EBITDA margin of 10.4% (8.6%) due to solid project execution.

Full-year 2017 revenue was NOK 2,372.8 million, an increase of 20.1% from 2016. EBITDA was NOK 229.2 million (NOK 152.4 million), and the EBITDA margin was 9.7% (7.7%). Full-year revenue-growth and increased profitability reflected continued market expansion, strong project execution and successful delivery on the group’s consolidation strategy. 

The 2017Q4 result report and result presentation can be found on the company's homepage: www.nrcgroup.com

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<![CDATA[Kristian Lundkvist featured in The Norwegian Business Daily]]>Fri, 17 Nov 2017 23:00:00 GMThttp://middelborg.no/news/kristian-lundkvist-featured-in-the-norwegian-business-daily
Kristian Lundkvist, Founder & CEO in Middelborg, is featured in The Norwegian Business Daily magazine this weekend, where he shares his journey from a salesman to a succussful investor. 
READ IT HERE
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<![CDATA[Techstep launches "Mobile-as-a-Service"]]>Thu, 16 Nov 2017 23:00:00 GMThttp://middelborg.no/news/techstep-launches-mobile-as-a-service
Techstep announced its Q3 2017 figures today, in connection with this, Techstep also updated the market on its current product launch status; “Today, Techstep provides a complete Mobile-as-a-service (MaaS) offering consisting of hardware, value adding software and services, and financing. For the first time since we embarked on this journey a year ago, we are truly a one-stop-shop Nordic enabler of the digital workplace” said Gaute Engbakk, CEO and continued “we have spent considerable time on M&A, integration and product development the last year. Now focus and energy shifts to product and solutions roll-out to our large-scale customer and end-user base in Norway and Sweden. Our Mobile-as-a-service (MaaS) solution makes work mobile in a better, easier and more secure and cost-efficient manner for our customers. That is why the MaaS solution is attracting strong interest and we expect it to drive revenue and profitability going forward”.

​Read more at www.techstep.no and www.techstepasa.no
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<![CDATA[NRC Group delivers all-time high revenue and EBITDA]]>Tue, 07 Nov 2017 15:25:23 GMThttp://middelborg.no/news/nrc-group-delivers-all-time-high-revenue-and-ebitda
NRC Group delivered all-time high revenue and EBITDA and record EBITDA margin in the third quarter, reflecting high activity during the peak season and a continued strong project execution. 

The third quarter 2017 result report and result presentation can be found on the company's homepage: www.nrcgroup.com
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