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Mattias Ehrenborg
  • Mattias Ehrenborg

Oboya Horticulture - Terminating coverage

ABG Sundal Collier ceases coverage of Oboya End of contractual period with the company Last published estimates are shown in this report

 PRESS RELEASE

Sista dag för handel med BTA B i Oboya

Sista dag för handel med BTA B i Oboya Oboya Horticulture Industries AB: s (” Oboya” eller” Bolaget”) företrädesemission har registrerats vid Bolagsverket. Sista dag för handel i Bolagets betalda tecknade aktier, OBOYA BTA B, är den 11 december 2019. Stoppdag hos Euroclear för växling från BTA till aktier är den 13 december 2019. De nya aktierna beräknas bokas ut på respektive aktieägares VP-konto/depå den 17 december 2019. Efter registrering av företrädesemissionen och den kvittningsemission som offentliggjordes den 25 november 2019 uppgår Oboyas aktiekapital till 1 256 175,08 SEK och...

 PRESS RELEASE

Oboya tecknar ramavtal med Aureum Life AB

Oboya tecknar ramavtal med Aureum Life AB Oboya Horticulture Industries AB (”Oboya” eller “Bolaget”) har tecknat ett ovillkorat ramavtal med Sveriges första cannabisbolag Aureum Life AB (”Aureum”) med verksamhet inom forskning, produktion och försäljning av medicinsk cannabis. Ambitionen med avtalet är att Oboya blir totalleverantör till Aureum genom att erbjuda en helhetslösning för Aureums kommande uppbyggnationer av odlingsanläggningar runt om i världen. Ramavtalet innebär ingen skyldighet till beställningar från Aureum och som ett första steg i samarbetet ska en studie genomföras där A...

 PRESS RELEASE

Oboya signs a framework agreement with Aureum Life AB

Oboya signs a framework agreement with Aureum Life AB Oboya Horticulture Industries AB ("Oboya" or "The Company") has signed an unconditional framework agreement with Sweden's first cannabis company Aureum Life AB ("Aureum") and operates in research, production and sales of medical cannabis. The ambition of the agreement is for Oboya to become a total supplier to Aureum by offering a comprehensive solution for Aureum's future development of cultivation facilities around the world. The framework agreement does not impose any obligation on orders from Aureum and as a first step in the collabo...

 PRESS RELEASE

Oboya increases production capacity and streamlines the organization i...

Oboya increases production capacity and streamlines the organization in Poland Oboya Horticulture Industries AB ("Oboya" or "The Company") has decided to make further investments in new machines of approximately SEK 5 million in the factory in Skierniewice, Poland. The reason for the investment decision is that during the last period the Company has received inquiries and increased orders of cultivation pots. In parallel with the new investments, Oboya is merging the Polish subsidiaries in the Group. The merger is part of previously communicated profitability improvement measures and the Co...

 PRESS RELEASE

Oboya receives orders for cultivation products of SEK 18.5 million spr...

Oboya receives orders for cultivation products of SEK 18.5 million spread over two years Oboya Horticulture Industries AB ("Oboya" or "The Company") has through its wholly owned subsidiary VEFI AS in Drammen, Norway received orders for cultivation products for hydroponic cultivation in Sweden. The order value amounts to approximately SEK 18.5 million and is spread over two years from January 2020. VEFI AS was founded in 1949 and since then has been operating mainly in hydroponic cultivation for efficient cultivation and distribution. VEFI has been active for 70 years and today is a lea...

 PRESS RELEASE

Oboya signs strategic framework agreement in China

Oboya signs strategic framework agreement in China Oboya Horticulture Industries AB ("Oboya" or "The Company") has, through its wholly-owned subsidiary in China, signed an unconditional framework agreement with a leading cultivation company in industrial cannabis during the ongoing China International Import Expo trade fair. Oboya has signed an unconditional framework agreement with a leading industrial cannabis cultivation company in China. The agreement does not impose any obligation to order. As a first step in the collaboration, a study will be conducted where the customer's need...

 PRESS RELEASE

Oboya carries out relocation of operations and warehouses, which entai...

Oboya carries out relocation of operations and warehouses, which entails an annual cost saving of SEK 5.0 million Oboya Horticulture Industries AB ("Oboya" or "The Company"), through wholly-owned subsidiaries in Sweden and Denmark, carries out relocation of operations and warehouses. The change entails an annual cost saving of MSEK 5.0 with full effect from the first quarter of 2020. The relocation is part of previously communicated profitability improvement and the Company's strategic plan to achieve a net margin of 5-7 percent. Oboya has previously announced that the focus for the coming...

Mattias Ehrenborg
  • Mattias Ehrenborg

Oboya Horticulture - Property divestment boosted reported figures

Adj. EBIT in line with expectations EBIT estimate changes primarily due to IFRS 16 Trading below book value per share

 PRESS RELEASE

Oboya invests for a sustainable future - increased sales of environmen...

Oboya invests for a sustainable future - increased sales of environmentally friendly cultivation products Oboya Horticulture Industries AB ("Oboya" or "the Company") has during the year invested in new machines and tools for easier conversion to production of environmentally friendly cultivation products that are degradable and recyclable and manufactured from Swedish biomaterials. The investments have resulted in continually orders from customers. Sales of environmentally friendly cultivation products are estimated at approximately SEK 11.9 million in 2019, while sales for the full year 20...

Mattias Ehrenborg
  • Mattias Ehrenborg

Oboya Horticulture - Property divestment to boost results

Chinese property divestment to boost EBIT by SEK 30m We are positive about the rights issue of SEK 41.2m Report due on 22 October

 PRESS RELEASE

Oboya receives orders for flower- and logistics trolleys of SEK 4,2 mi...

Oboya receives orders for flower- and logistics trolleys of SEK 4,2 million Oboya Horticulture Industries AB (publ) ("Oboya" or "The Company") has through its wholly owned subsidiary Oboya Metal Qingdao Co. Ltd. in Qingdao, China received orders for flower- and logistics trolleys from customers in Australia and Colombia. The total order value amounts to approximately USD 421.1 thousand, corresponding to approximately SEK 4.2 million. Through these orders, Oboya continues to take market shares in the international cultivation market and cement its position as a total supplier. Over the ...

 PRESS RELEASE

Oboya sells production property in China and releases SEK 38.4 million

Oboya sells production property in China and releases SEK 38.4 million Oboya Horticulture Industries AB (publ) (“Oboya”) has through its wholly-owned subsidiary Oboya Metal Qingdao Co., Ltd. in Qingdao, China, signed an agreement to sell a production property. The sales price amounted to CNY 28.0 million, corresponding to SEK 38.4 million. The sale will have a positive effect on earnings during the third quarter of 2019 of CNY 15.2 million, corresponding to SEK 20.8 million.  Oboya has, through its wholly-owned subsidiary in Qingdao, China, signed an agreement to sell the company's pro...

 PRESS RELEASE

Oboya receives order for flower- and logistics trolleys in China

Oboya receives order for flower- and logistics trolleys in China Oboya Horticulture Industries AB (publ) ("Oboya") has through its wholly-owned subsidiary Oboya Metal Qingdao Co. Ltd. in Qingdao, China received a new order for flower- and logistics trolleys. The order value amounted to around EUR 0.54 million, corresponding to around SEK 5.75 million. The order concerns delivery of flower- and logistic trolleys and will be delivered from October 2019 until March 2020. The order value amounted to EUR 0.54 million, corresponding to approximately SEK 5.75 million. The customer is one of t...

 PRESS RELEASE

Oboya's chairman resigns due to health reasons

Oboya's chairman resigns due to health reasons Oboya Horticulture Industries AB (publ) ("Oboya") announces that Chairman Lars Rosén resigns from the Board due to health reasons. Lars Rosén has asked to resign from the Board of Directors of Oboya Horticulture Industries AB with immediate effect due to health reasons. Lars has been its chairman during his months on the board. We would like thanks Lars for his contributions during the time on Oboyas board, and we hope that he will recover as soon as possible. The Board will notify an extraordinary general meeting for election of...

 PRESS RELEASE

Oboya receives an order in Poland

Oboya receives an order in Poland Oboya Horticulture Industries AB (publ) ("Oboya") has through its wholly owned subsidiary VEFI Europa Sp. z o.o in Skierniewice, Poland received an order for cultivation gutter from an existing customer in Poland. The order value amounted to about PLN 1.1 million, corresponding to about SEK 2.7 million. The order concerns delivery of cultivation gutter to hydroponic cultivation systems and will be delivered continuously during September 2019. The order value amounts to PLN 1.1 million, corresponding to approximately SEK 2.7 million. The existing custom...

 PRESS RELEASE

Oboya receives an important order in USA

Oboya receives an important order in USA Oboya Horticulture Industries AB (publ) ("Oboya") has through its wholly owned subsidiary Oboya Metal Qingdao Co. Ltd. in Qingdao, China received an order from an existing customer in the United States. The order value amounted to approximately USD 0.37 million, corresponding to approximately SEK 3.59 million. The order concerns delivery of flower trolleys and will be delivered from September until October 2019. The order value amounts to USD 0.37 million, corresponding to approximately SEK 3.59 million. The existing customer is one of the leadi...

Mattias Ehrenborg
  • Mattias Ehrenborg

Oboya Horticulture - Clearing the weeds

Q2 sales down y-o-y, gross margin lower than expected Combipot divestment to lower sales and opex Currently trading at P/B 0.8x

 PRESS RELEASE

Oboya announces earlier publication of interim report, Q2 2019

Oboya announces earlier publication of interim report, Q2 2019 The Board of Directors of Oboya Horticulture Industries AB (publ) has decided to publish the interim report for Q2, April-June 2019 earlier than previously communicated. The interim report will be published on Friday, August 9th, 2019. Previously announced publication date was August 21th, 2019. Erik Penser Bank AB is Oboyas Certified Adviser on Nasdaq First North. Tel: 0E-mail: For more information, please contact: Robert Wu, CEO of Oboya Horticulture Industries AB (publ) Tel: + 86 159 6983 5999Email: ...

 PRESS RELEASE

Oboya's principal owner Robert Wu requests conversion of all his A-sha...

Oboya's principal owner Robert Wu requests conversion of all his A-shares to B-shares Press release Lerum, July 2th 2019 Oboya's principal owner Robert Wu requests conversion of all his A-shares to B-shares. Oboya Horticulture Industries AB's principal owner, Robert Wu, through Oboya Holding Hong Kong Ltd has requested the conversion of all its A-shares in Oboya Horticulture Industries AB ("Oboya" or "the Company") in accordance with the company's articles of association. The company will subsequently not have any A shares outstanding and the number of B shares will increase by 1,995,600...

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