2013-01-30 Press release: Strong finish in 2012 for the private portfolio companies
The companies in Novestra’s private portfolio reported good sales and very strong results
during the last quarter of 2012. This relates in particular to the two largest holdings
MyPublisher and Strax. Growth and profit developments are also good when taking the
whole year of 2012 into consideration, whereby preliminary figures for MyPublisher indicate
turnover of MUSD 34.6 with an EBITDA amounting to MUSD 7.0. The turnover in Strax
amounted to MEUR 65.4 with an EBITDA of MEUR 5.6. Explorica, with a financial year
ending August 31, 2012, showed a turnover amounting to MUSD 69.1 and with an EBITDA
of MUSD 2.8 for the financial year 2011/2012.
“The prospects for 2013 are positive, with expectations of further improvements in sales and
profitability in all private portfolio companies. Simultaneously, both Novestra and the boards
in the respective portfolio companies are engaged in strategies to create a liquidity event in
each of the portfolio companies shares” says Johan Heijbel, Managing Director.
For further information, please contact Johan Heijbel, Managing Director of AB Novestra,
+46 (0)8 545 017 50.
About AB Novestra
Novestra is an independent investment company with a portfolio of investments in a number of
privately held growth companies including Explorica, Inc., MyPublisher, Inc., and Strax Group GmbH.
In addition, Novestra has an investment corresponding to approximately 6 percent of the shares in
WeSC AB, listed on First North.
The Novestra shares are listed on NASDAQ OMX Stockholm, under the symbol NOVE, in the Small
Cap section. For further information regarding AB Novestra, reference is made to www.novestra.com
The information in this press release is such that AB Novestra is required to disclose pursuant to
the Swedish Securities Market Act and/or the Swedish Financial Instrument Trading Act and/or the
NASDAQ OMX Stockholm rules. AB Novestra released the information for publication on January
30, 2013 at 11.00 am (CET).