First installation up and running in Oman

Meltron has now successfully installed 28 units so called pylon lights in the Halban Horse Stadium in Oman. The lights are installed in 8 masts of 12m height. The Meltron pylon lights have sophisticated cooling and superior optical features with specific lens technology. The lights can also be made significantly lighter than conventional lights.

- The customer is very happy with the quality of lighting, says Ville Sistonen, CEO of Meltron. Horse riding is a very popular sport in Oman and there is a large number of similar facilities in the country. We are also working on several larger projects for football stadiums, which require a significant number of strong lights and superior optics to meet television requirements. The potential for Meltron is enormous.

Stockholm/ Helsinki 14 Feb 2020

For further information, contact:
Ville Sistonen, CEO Meltron AB, tel: +358 40 746 4781; ville.sistonen@meltron.fi

Meltron AB, Embassy House, Linnégatan 89C, 115 23 Stockholm

Meltron Oy, Laivakatu 3, FI-00150 Helsinki

Read more at www.meltron.com

www.meltron.fi

The information was provided by contact person above for publication on 14 February 2020 at 09:00 CET.

About Meltron

Meltron AB designs, manufactures and sells LED lighting based on interdisciplinary application of electronics, optics, thermodynamics, materials and nanostructures. Prioritized niches represent applications demanding long life cycles, robust and durable light sources and, from an industrial perspective, short payback periods. Prioritized niche markets are animal stables, industrial lighting and street lighting.

LED lighting is one of world's fastest growing industries. For this sector the annual growth is 47 % and the total market for 2020 is expected at 100 billion USD, according to Edison Research.

The Meltron share is traded on NGM Nordic MTF (NGM Nordic SMR from 3 Feb) under short name MLTR.

Nerladdningsbara filer


First pilot order from gas company in Finland

Meltron has received a pilot order for the EX gas explosion proof lights, a first important order from Gasum Oy, a Finnish state owned gas company with sales of 1.1 bill euro. Gasum distributes biogas and LNG and runs a network of gas filling stations in Finland, Sweden and Norway, primarily for heavy traffic and transportation.




First installation up and running in Oman

Meltron has now successfully installed 28 units so called pylon lights in the Halban Horse Stadium in Oman. The lights are installed in 8 masts of 12m height. The Meltron pylon lights have sophisticated cooling and superior optical features with specific lens technology. The lights can also be made significantly lighter than conventional lights.




Meltron ready to take off 2020!

Meltron AB CEO Ville Sistonen summarizes with satisfaction the work during the half year and is looking forward.


Delårsbokslut för Meltron AB (publ), 556988-9834 Perioden 2019-05-01-2019-10-31

Nyckeltal (Koncern)

2019/2020

Tkr, om inte annat anges

sept-okt

Nettoomsättning

1 087

Rörelseresultat

-3 595

Resultat efter finansiella poster

-3 744

Balansomslutning

30 698

Eget kapital

-17

Resultat per aktie, kr

-0,1

Soliditet %

-0,1%

Antal aktier vid periodens slut

93 951 085

Pågående registrering av aktier

-

Genomsnittligt antal aktier

26 697 914

Aktiekurs på balansdagen, kr

0,9

Antal anställda, årsmedeltal

11

Antal anställda, vid periodens slut

11


Meltrons rådgivare G&W Fondkommission investerar i bolaget

G&W Fondkommission har agerat finansiell rådgivare i den emission som Meltron nyligen slutförde med en överteckning på 57 %. Bolaget har nu kommit överens med G&W om att G&W, i enlighet med en möjlighet i uppdragsavtalet, kvittar 1 MSEK av arvodet på totalt 2,5 MSEK mot aktier i Meltron till samma kurs som i emissionen, dvs 0,65 SEK/aktie. Inga teckningsoptioner ingår.


Halvårskommunikén nytt datum

Meltron's halvårskommuniké per 2019-10-31 kommer att publiceras onsdag 18 december 2019.


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