OrganoClick: ABGSC Investor Days feedback - ABG

Steps taken to streamline operations and increase profitability
Next major step is to outsource OrganoWood production
Several exciting non-woven and OrganoTex deals YTD


Focus on the new strategy...

Today, we hosted a presentation with Mårten Hellberg, CEO at OrganoClick, as part of our ABGSC Investor Days Seminar. A key focus area during the presentation was the company's new strategy of outsourcing capital intensive production and streamlining operations by focusing on its core competence: chemical production. Production of some smaller products has already been outsourced, meaning OrganoClick now only sells the chemical mix, and in the non-woven segment the strategy from the beginning was to only sell the checmicals. What remains is to get rid of the cumbersome in-house production of OrganoWood, and once this is done we expect it will have a significant positive effect on margins as well as decrease working capital requirements.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/organoclick/Equity-research/2023/5/organoclick---abgsc-investor-days-feedback/