Company announcement

Company Announcement

Rising cleaning standards globally increases the demand for more efficient and hygienic cleaning solutions. Floor mopping is not an exception. Nilfisk Dryft helps users deliver a more hygienic cleaning standard even in smaller spaces and in a faster time.

In accordance with the EU Market Abuse Regulation Article 19 no. 596/2014, Nilfisk has received the following notification from executives and/or their related parties’ regarding transactions in Nilfisk shares.

This notification is an ‘Initial notification’ regarding the purchase of 450 shares in Nilfisk by Ole Kristian Jødal, member of the Board of Directors. The shares have been purchased on November 15, 2024, at a total price of DKK 48,060.

Following a demand slowdown in the Americas and macroeconomic challenges, Nilfisk revised its outlook for the full year on October 24, 2024. Organic growth for 2024 is now expected to be between 1% to 3% and the EBITDA margin bsi in the range of 13% to 14%.

Nilfisk has decided to remove two of its three financial targets for 2026 - revenue of 1.2 to 1.3 bnEUR and the EBITDA bsi margin above 16%.

Nilfisk CEO, Jon Sintorn, comments:

- “We have made the decision to remove two financial targets for 2026 – revenue and EBITDA before special items. Given the macroeconomic headwinds, we will look for structural efficiency improvements across the group.”

Nilfisk will announce its financial outlook for 2025 and provide an update in connection with the 2024 Annual Report in February 2025.

Conference call
Nilfisk will host a conference call at 10:00 am CET on November 15, 2024. Presentation materials will be available on the website prior to the conference call.

Please pre-register no later than 9:55 through the links below:

Webcast: https://getvisualtv.net/stream/?nilfisk-q3-2024-interim-report

Phone conference: https://services.choruscall.it/DiamondPassRegistration/register?confirmationNumber=9282492&linkSecurityString=1544d32dfc

The recording will be available for viewing after the event along with the presentation from the day on: https://investor.nilfisk.com/

Nilfisk provides preliminary financial figures for Q3 2024 and updates the financial outlook for 2024 following deteriorating demand in the Americas.

With reference to Section 30 of the Danish Security Trading Act, Nilfisk Holding A/S has been informed by Danske Bank A/S that Danske Bank A/S as of September 19, 2024, has increased its total holding of shares and financial instruments representing shares or rights over shares in Nilfisk as follows:

With reference to Section 30 of the Danish Security Trading Act, Nilfisk Holding A/S has been informed by Caisse de dépôt et placement du Québec that Caisse de dépôt et placement du Québec as of September 19, 2024 has decreased its total holding of shares and financial instruments representing shares or rights over shares in Nilfisk as follows:

With reference to Section 30 of the Danish Security Trading Act, Nilfisk Holding A/S has been informed by UBS Group AG that UBS Group AG as of June 14, 2024 has increased its total holding of shares and financial instruments representing shares or rights over shares in Nilfisk as follows:

In accordance with the EU Market Abuse Regulation Article 19 no. 596/2014, Nilfisk has received the following notification from executives and/or their related parties’ regarding transactions in Nilfisk shares.

Nilfisk, a leading global provider of professional cleaning products and services, reported its Q2 2024 results today with organic growth and continued gross margin improvement.

With reference to Section 30 of the Danish Security Trading Act, Nilfisk Holding A/S has been informed by Caisse de dépôt et placement de Quebéc that Caisse de dépôt et placement de Quebéc as of July 2, 2024 has decreased its total holding of shares and financial instruments representing shares or rights over shares in Nilfisk as follows:

Company announcement
June 14, 2024
Announcement No. 14/2024

With reference to Section 30 of the Danish Security Trading Act, Nilfisk Holding A/S has been informed
by Caisse de dépôt et placement de Quebéc that Caisse de dépôt et placement de Quebéc as of 31 May 2024 has increased its total holding of shares and financial instruments representing shares or rights over shares in Nilfisk as follows:

With reference to Section 30 of the Danish Security Trading Act, Nilfisk Holding A/S has been informed
by PrimeStone Capital LLP that Primestone as of 31 May 2024 has decreased its total holding of shares and financial instruments representing shares or rights over shares in Nilfisk as follows:

Company announcement
May 24, 2024
Announcement No. 11/2024

As previously informed in Nilfisk’s Company Announcement no. 31/2023 dated December 17, 2023, the Board of Directors has appointed Jon Sintorn as new CEO of Nilfisk, starting no later than July 1, 2024.

Further to this announcement we can inform that Jon Sintorn will join as CEO on June 17, 2024.

From June 17, 2024, Jon Sintorn will form the Executive Management of Nilfisk alongside CFO Reinhard Mayer. Interim CEO René Svendsen-Tune will step down as CEO but remains on the Board of Directors of Nilfisk.