Press releases

The railway specialist Railcare signs a ten-year contract with the mining company Kaunis Iron AB worth SEK 740 million. The contract will take effect from 16 November 2021 to 16 November 2031 and will replace the previous contract from 2018. The previous contract will continue to apply until 15 November 2021. Up until 31 October

Positive quarter brought innovation for the futureThird quarter Consolidated net sales decreased by 6.5 per cent to SEK 94.5 million (101.0). Operating profit (EBIT) decreased by SEK 2.4 million to SEK 14.4 million (16.8). Earnings per share after dilution amounted to SEK 0.40 (0.50). First nine months of the year Consolidated net sales increased by 10.3 per cent to SEK 305.7 million (277.1). Operating profit (EBIT) increased by

Railcare Group AB announces today that Mattias Remahl will be the new CFO and Vice President replacing the position currently held by CFO Mikael Forsfjäll and Vice President Ulf Marklund. Mattias Remahl's position is a new combination position at Railcare as both CFO and Vice President. Mattias Remahl will take over as CFO from 19

In consultation with the largest shareholders, the Chairman of the Board of Railcare Group AB has established a Nomination Committee for the 2021 Annual General Meeting. The nomination committee consists of Åke Elveros, appointed by Norra Västerbotten Fastighets AB, Lina Ådin, appointed by TREAC AB, and Kjell Lindskog, appointed by the Marklund and Dahlqvist family.

Railway specialist Railcare presented its new innovation the MPV (Multi-Purpose Vehicle). The new maintenance machine is equipped with self-propelled vacuum pumps, hydraulics, and control cabins enabling the vehicle to be used as a complement to Railcare's vacuum excavator, snow melter, and function as a towing vehicle for, for example, ballast wagons during track work. What

Strong first six months with stable order backlog looking ahead and railways in focusSecond quarter Consolidated net sales increased by 15.5 per cent to SEK 105.3 million (91.2). Operating profit (EBIT) increased by SEK 10.9 million to SEK 14.3 million (3.4). Earnings per share after dilution amounted to SEK 0.41 (0.05). First six months of the year Consolidated net sales increased by 20.0 per cent to

Railcare has signed an agreement with LKAB Malmtrafik for the transport of iron ore worth approximately SEK 7.8 million over three months starting tomorrow, June 12, 2020. Transport will start with one transportation per day and thereafter it will be increased to two per day with a total of 6400 tonnes of iron ore per

The Swedish state decided to reduce the employer's contribution during the period March to June 2020 as a support to companies during the ongoing Covid-19 pandemic. Railcare is not dependent on the reduced employers' fees even if the reduction is welcomed. Railcare, therefore, decided to use these funds to, among other things, help healthcare and

Network Rail has overall responsibility for the construction and maintenance of large parts of the UK rail network. Network Rail has signed a new framework contract with Railcare, which is valid from 8th May 2020 to 8th May 2021. All of Network Rails' departments and five geographical regions can use the framework contract and generate

Today, May 6, 2020, the annual general meeting of Railcare Group AB (publ) was held. Below is a summary of the resolutions taken. All resolutions were made with the required majority.Distribution of results The annual general meeting resolved to dispose of the company's profits for the 2019 fiscal year in accordance with the board's proposal.

Railways provide for societyFirst quarter Consolidated net sales increased by 24.8 per cent to SEK 106.0 million (84.9). Operating profit (EBIT) increased by SEK 7.0 million to SEK 17.4 million (10.4). Earnings per share after dilution amounted to SEK 0.54 (0.31). Significant events in the first quarter In Railcare has not suffered any project cancellations

A Swedish version of Railcare Group AB's Annual Report for 2019 is now available on the company's website, www.railcare.se. The Annual Report can also be ordered from Railcare Group AB, Investor Relations, Näsuddsvägen 10, P.O. 34, SE-932 21 Skelleftehamn, Sweden, phone: +46 910 43 88 00 or via ir@railcare.se.   For further information, please contact:

The shareholders of Railcare Group AB (publ), reg. no. 556730-7813, are hereby given notice to attend the annual general meeting to be held at 13:00 CEST, Wednesday 6 May 2020 at the company’s head office, Näsuddsvägen 10 in   Skelleftehamn, Sweden. Registration for the meeting commences at 12:15 CEST. NOTICE OF PARTICIPATION Shareholders who wish to

The rail specialist Railcare has signed a three-year contract for recovering railway vehicles in Borlänge, Sweden, for approximately SEK 22 million. The customer is Trafikverket, The Swedish Transport Administration, and the contract is for three years with two option years, this will take effect on 26 October 2020. Railcare will provide a standby locomotive together with

Railcare Group AB (publ)’s election committee proposes that the Annual General Meeting re-elect the current members of the board of directors Catharina Elmsäter-Svärd, who is also proposed to be re-elected as chairman of the board, Ulf Marklund, Anna Weiner Jiffer, Adam Ådin, Anders Westermark and Björn Östlund. In addition, the election committee propose that the

A year of strong growth in sales and earnings. A quarter with good growth, but lower margin.Fourth quarter1 Consolidated net sales increased by 18.9 per cent to SEK 93.5 million (78.7). Operating profit (EBIT) decreased by SEK 0.7 million to SEK 1.5 million (2.2). Earnings per share after dilution amounted to SEK 0.01 (0.02). Full-year 2019, January – December 20191 Consolidated net sales

Norrlandsfonden has requested conversion of the second half of its convertible debenture. The debenture certificate was original SEK 10 million, and SEK 5 million has been converted according to the agreed price, SEK 4.50 per share, to 1 111 111 shares. The share increase is registered with the Swedish Companies Registration Office on 30 January