Press releases
Scandinavian Astor Group (”Astor Group” or the ”Company”) announces that its subsidiary Scandiflash AB (“Scandiflash”) has entered into a cooperation agreement with Pulse MC2, the official European distributor for INFINITION and its Doppler radar systems. Under the agreement, Scandiflash is appointed as sub-distributor for Sweden, Norway, and Denmark, with responsibility for marketing and sales of INFINITION’s advanced Doppler radar systems in the region. Scandinavian Astor Group AB (publ) (”Astor Group” or the ”Company”) announces that preliminary results for the third quarter of 2025 are expected to exceed market expectations. The preliminary figures show that Astor Group’s EBITDA will be approximately SEK 15 million, compared with SEK -3.9 million in the same quarter last year. At the same time, earnings before tax are expected to be approximately SEK 3 million, compared with SEK -8.3 million in the corresponding period last year. Sales during the quarter amounted to approximately SEK 79 million. Scandinavian Astor Group AB (publ) (“Astor Group” or the “Company”) together with its wholly owned subsidiaries Marstrom Composite AB (“Marstrom”) and JPC Composite AB (“JPC”) have decided implement a merger, whereby JPC will be absorbed into Marstrom. A merger plan has been adopted and the merger will take effect after customary registration with the Swedish Companies Registration Office. JPC will then cease to be an independent company. Upon completion of the merger, JPC will become part of Marstrom and cease to be an independent company. Scandinavian Astor Group AB (publ) (“Astor Group” or the “Company”) announces today the outcome of the shareholders’ preemptive rights in the previously announced investment in the associated company Nordic Shield Group AB (“NSG”). Through the acquisition of 195,000 shares, Astor Group increases its ownership from approximately 36 percent to approximately 36.5 percent in NSG. Payment for the shares will be made in cash in the amount of approximately SEK 2.3 million. Scandinavian Astor Group AB (publ) (“Astor Group” or the “Company”) announces today that the Company has entered into an agreement to acquire an additional 195,000 existing shares in the associated company Nordic Shield Group AB (“NSG”). The increase corresponds to a percentage increase from approximately 36% to 36,5% in NSG, and payment will be made in cash. The total investment amount is approximately SEK 2,3 million. Scandinavian Astor Group AB (publ) (“Astor Group” or the “Company”) announces that its subsidiary Oscilion EW Systems (“Oscilion”) has entered into a collaboration with Swedish battery manufacturer Altris, with the aim of offering the Swedish Armed Forces a new generation of robust, climate-adapted, and sustainable energy storage solutions. The new sodium-ion-based battery module, which has been developed and is manufactured in the Nordic region for Nordic conditions, is free from critical raw materials such as lithium, cobalt, and nickel, and is designed to meet military requirements for performance, safety, and self-sufficiency. The collaboration has already resulted in the first customer orders. Scandinavian Astor Group AB (publ) (“Astor Group” or the “Company”) announces today the outcome of the shareholders’ preemptive rights in the previously announced investment in the associated company Nordic Shield Group AB (“NSG”). Through the acquisition of approximately 2,830,000 shares, Astor Group will increase its ownership from approximately 30% to approximately 36% in NSG. Payment for the shares will be made in cash in the amount of approximately SEK 22,6 million. The merger of Scandinavian Astor Group AB (publ) (‘Astor Group’ or the ‘Company’) and its wholly owned subsidiary Scandinavian Astor Technologies AB (“Astor Technologies”) has been completed. Scandinavian Astor Group AB (publ) (“Astor Group” or the “Company”) announces today that it has entered into an agreement to acquire an additional 2,865,000 existing shares in the associated company Nordic Shield Group AB (“NSG”). The increase corresponds to a percentage increase from approximately 30% to 36% in NSG, and payment will be made in cash. The total investment amount is approximately SEK 23 million. The Board of Directors and the CEO of Scandinavian Astor Group AB (publ) (“Astor Group” or “the Company”) hereby present the report for the period January – June 2025. The full report, attached to this press release, can also be downloaded from the company’s website: https://astorgroup.se/investor-relations/financial-reports/.
Scandiflash enters into cooperation with Pulse MC2 regarding sales of Doppler radar systems
Regulatory pressrelease
Strong quarter for Astor Group – results exceed expectations
Regulatory pressrelease
Scandinavian Astor Group merges subsidiary
Regulatory pressrelease
Astor Group announces outcome of the shareholders’ preemptive rights and completes its investment in Nordic Shield Group – increases ownership to approximately 36.5%
Regulatory pressrelease
Astor Group increases its ownership in Nordic Shield Group AB
Regulatory pressrelease
Oscilion enters into collaboration with Altris – launches Nordic sodium-ion battery for military applications
Regulatory pressrelease
Astor Group announces outcome of the shareholders’ preemptive rights and completes its investment in Nordic Shield Group – increasing its ownership to 36%
Regulatory pressrelease
Scandinavian Astor Group merger of subsidiary completed
Regulatory pressrelease
Astor Group increases its ownership in Nordic Shield Group AB
Regulatory pressrelease
Interim report January – June 2025 for Scandinavian Astor Group
Regulatory pressrelease
Investor relations contact
Mattias Hjorth
CEO
ir@astorgroup.se
Louise Åberg
Chief Operating & Communications Officer
louise.aberg@astorgroup.se
Press kit
Logo and photos of CEO Mattias Hjorth
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