Press releases

Railcare Group AB (publ) has signed an agreement to acquire the electricity company Elpro in Skellefteå AB, the total purchase price is SEK 4.1 million. The transaction is financed by own funds and will come into effect on 3 February 2020.Elpro i Skellefteå AB has a long experience in design, programming, and assembly. The company

Strong earnings and continued high sales growth in the third quarterThird quarter1 Consolidated net sales increased by 62.1 per cent to SEK 101.0 million (62.3). Operating profit (EBIT) increased by SEK 21.4 million to SEK 16.8 million (loss 4.6). Earnings per share after dilution amounted to SEK 0.50 (loss 0.21). First nine months of the year1 Consolidated net sales increased by 44.7 per cent to SEK 277.1 million

In consultation with the largest shareholders, the Chairman of the Board of Railcare Group AB has established a Nomination Committee for the 2020 Annual General Meeting. The nomination committee consists of Åke Elveros, appointed by Norra Västerbotten Fastigheter's AB, Per-Martin Holmgren, appointed by TREAC AB, and Kjell Lindskog, appointed by the Marklund & Dahlqvist family.

Strong sales growth during the second quarterSecond quarter[1]  Consolidated net sales increased by 45.4 per cent to SEK 91.2 million (62.7).    Operating profit (EBIT) increased by SEK 4.5 million to SEK 3.4 million (loss 1.0).   Earnings per share after dilution amounted to SEK 0.05 (loss 0.01).   First six months of the year[1]   Consolidated

Today, May 8, 2019, 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 (item 9b) The annual general meeting resolved to dispose of the company's results in accordance with the board of director's proposal in

A positive start to 2019First quarter[1]  Consolidated net sales increased by 27.7 per cent to SEK 84.9 million (66.5).   Operating profit (EBIT) increased by SEK 5.4 million to SEK 10.4 million (5.0).  Earnings per share after dilution amounted to SEK 0.31 (0.13). Significant events in the first quarter Railcare has received an order to build

A Swedish version of Railcare Group AB's Annual Report for 2018 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 contact: Daniel Öholm,

Network Rail has overall responsibility for the construction and maintenance of large parts of the UK rail network. Network Rail has extended the current framework contract with Railcare, the extension is valid from 1stApril 2019 to 31stMarch 2020. All of Network Rails' departments and its eight geographical routes can use the framework agreement and generate

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 and Anders Westermark and to newly elect Björn Östlund. In addition, the election

Increased demand from key customers during the fourth quarter of the year. The year weaker than expected.Fourth quarter  Consolidated net sales decreased by 9.4 per cent to SEK 78.7 million (86.9).  Operating profit (EBIT) decreased by SEK 5.2 million to SEK 2.2 million (7.4).  Earnings per share after dilution amounted to SEK 0.02 (0.20). Full-year

Rail specialist Railcare plans to manufacture a zero-emission battery-powered MPV, Multi-Purpose Vehicle, which is a vehicle with a diverse range of applications for rail maintenance. The vehicle is self-propelled and equipped with vacuum pumps, hydraulics, and control cabins so that the vehicle can be used as a battery-powered addition to Railcare’s vacuum excavator, snow melter

Railcare have signed a framework agreement with Trafikverket with regards to the track work required throughout Sweden. The agreement period is for two years with an option to extend for another two. The framework agreement is strategically important for Railcare as the company can optimise the utilisation of its Railvac machines throughout planned customer projects

Railcare has received an order to build a new generation of generator wagons for the railway contracting company Infranord. The order value amounts to approximately MSEK 30 and consists of 5 wagons, designed together with Infranord. "We are excited about this collaboration with Infranord, they have the confidence in Railcare to build generator wagons that