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  • Globe Newswire

    Enedo Plc publishes Half Year Financial Report January 1 – June 30, 2021 and removes financial estimate

    ENEDO PLC Half year financial report August 12th, 2021 at 9.45 a.m.ENEDO PLC PUBLISHES HALF YEAR FINANCIAL REPORT JANUARY 1 – JUNE 30, 2021 AND REMOVES FINANCIAL ESTIMATEJanuary – June 2021 in brief, Continuing operations- Net sales EUR 18,1 million (EUR 19,7 million)- Operating profit EUR -2,9 million (EUR -1,9 million)- Adjusted operating profit EUR -2,3 million (EUR -1,7 million)- EBITDA EUR -1,2 million (EUR -0,1 million)- Adjusted EBITDA EUR -0,6 million (EUR 0,1 million)- Profit/loss for t

  • Globe Newswire

    Mikael Fryklund appointed Interim CEO of Enedo Plc from June 8, 2021

    Enedo Plc Stock Exchange Release 8 June 2021 at 8:30 Mikael Fryklund appointed Interim CEO of Enedo Plc from June 8, 2021 The Board of Directors of Enedo Plc has appointed Mikael Fryklund Interim CEO of EnedoPlc. This appointment follows Vesa Leino´s decision to leave the company. Vesa will remainto introduce Mikael to the customers and to the company. Mikael Fryklund has been CEO of Hexpol AB (Publ, Large Cap) from 2017 to 2020, andbefore that President of Trelleborg Industrial Solutions and me

  • Globe Newswire

    Enedo CEO Vesa Leino has decided to leave the company

    Enedo Plc Stock Exchange Release 28 May 2021 at 8:30 Enedo CEO Vesa Leino has decided to leave the company Vesa Leino, CEO of Enedo Plc has decided to leave the company. He will continue in his current position and leading the Executive Management Team until the new CEO has been nominated. “During the last three and a half years we have gone through major business restructuring renewing the company business portfolio and building foundation for the turn-around. Divestment of Telecom, acquiring Powernet and combining that with DC Systems business from Efore have all been crucial steps in this journey. This spring we also heavily restructured the company financing by collecting required turn-around funding and reducing company debt by 60%. This is a good moment to step aside and let the new Board continue executing the turn-around with new management”, says Vesa Leino. Olle Hulteberg, Chairman of the Enedo Board: “I want to thank Vesa for his contribution and commitment to the company business re-structuring during his time first as CFO and later as CEO in the company. Activities done during that time have been fundamental in getting the company this far and building opportunity for further changes needed to turn the company into profitability”. Enedo Board will start immediate activities to find the new CEO. Enedo Plc Olle HultebergChairman of the Board For further information please contact Olle Hulteberg, tel. +46547719305 or Vesa Leino, tel. +358407598956 DISTRIBUTIONNasdaq Helsinki LtdPrincipal media Enedo Enedo is a European designer and producer of high-quality electronic power supplies and systems for critical equipment even in the most demanding environments. Enedo’s mission is to make electricity better – more reliable, more secure, more energy efficient – and just right to fit its purpose. Enedo’s three main product categories are Led Drivers, Power Supplies and Power Systems. In 2020 the group’s net sales was EUR 38,5 million. Enedo has 354 employees and its main functions are located in Finland, Italy, Tunisia and USA. The group’s head office is in Finland and parent company Enedo Oyj is listed on Nasdaq Helsinki Oy.