Stockholm, September 26, 2014 — NASDAQ OMX (NASDAQ: NDAQ ) announced that Inwido AB (short name: INWI), a Mid Cap company within the Industrials sector, has started trading of its shares on the main market of NASDAQ OMX Stockholm. Inwido is, including switches, the 18th company to list at NASDAQ OMX’s Nordic main markets in 2014 (NASDAQ OMX Stockholm; Helsinki; Copenhagen; and Iceland).
Inwido is Europe’s largest manufacturer of windows and doors. Each year, consumers in more than 15 markets purchase over four million products from Inwido. In 2013, Inwido had sales of SEK 4.3 billion and an operating profit of SEK 345 million. The consumer segment accounted for some 70 percent of sales, while industry players accounted for the rest. Inwido has approximately 3,100 employees and is headquartered in Malmö, Sweden. For more information, visit www.inwido.com .
“We have been welcomed by the investors in Sweden as well as internationally,” said Håkan Jeppsson, CEO at Inwido. “Investors strongly believe in our strategy and our capabilities to manage Inwido into the next phase as a public company. We will continue to work on our profitability by delivering innovative windows and doors for smart homes to improve people's well-being.”
”We welcome Inwido to NASDAQ OMX Stockholm where we continue to see a strong inflow of new exciting companies,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “Inwido will make a valuable addition to our industrials goods sector and we look forward supporting them with the investor exposure that comes with being a main market company.”
To view a CEO interview from the listing ceremony click here .
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com .
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about futures products to be traded on NFX and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
| Media Relations Contact: Carl Norell +46 (0) 8 405 6639 Carl.Norell @ nasdaqomx.com |
