New Wave Group sales and result development during the second quarter

The interim report for New Wave Group will be presented on August 20, but as sales and result have developed better than previously communicated, preliminary figures for the previous quarter will be released.

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Annual General Meeting 2020 of New Wave Group AB (publ)

New Wave Group AB held its Annual General Meeting (AGM) on 25 June 2020. Due to the spread of the coronavirus, the AGM was carried out through postal voting without physical attendance, pursuant to temporary legislation.

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Interim Report For The FIrst Quarter 2020 New Wave Group AB

Jan - Mars

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New Wave Group

New Wave Group is a growth company that designs, acquires and develops brands and products in the corporate promo, gifts and home furnishings sectors. The Group will achieve synergies by coordinating design, purchasing, marketing, warehousing and distribution of its product range. To ensure good diversification, the Group will market its products in the corporate promo market and the retail market.

The Group divides its operations into three operating segments: Corporate, Sports & Leisure and Gifts & Home Furnishings. Within Group management there are people with responsibility for each operating segment in order to coordinate operations.

New Wave Group's organisation is decentralised, with a high degree of independence and self-determination being delegated to company management.

The objective is for the companies to be run in an entrepreneurial spirit, while at the same time enjoying the benefits of belonging to a large group of companies. The products follow the operating segments, but have separate sales teams for the two sales channels promo and retail. The Group therefore consists of a large number of operational companies (about 70 in total), some of which belong to sub-groups. Board meetings are held about three times a year in each company or sub-group. The composition of the Boards depends on the company's direction and its stage of development. In addition to Group management, the expertise of MDs in "mature" companies is utilised on the Boards of local subsidiaries. The organisational model chosen by New Wave Group provides for effective benchmarking of profitability, tied-up capital and growth between companies, brands and markets. New Wave Group has also set internal targets for each company.

About New Wave Group About New Wave Group

Latest News

ANNUAL REPORT AND SUSTAINABILITY REPORT 2019 NEW WAVE GROUP AB

New Wave Group AB today published the Annual Report and Sustainability Report for 2019 on www.nwg.se.

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Interim Report For The FIrst Quarter 2020 New Wave Group AB

Jan - Mars

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Calendar

June

25
Thursday

Annual General Meeting 2020

August

20
Thursday

Interim Report for the second quarter, 2019

November

06
Tuesday

Interim Report for the third quarter, 2019