Pressmeddelanden, rapporter och bolagsmeddelande för Orthex Oyj

The Shareholders’ Nomination Board of Orthex Corporation has proposed to the Annual General Meeting 2025 that the Board of Directors should consist of five members. Sanna Suvanto-Harsaae, Markus Hellström, Jyrki Mäki-Kala, and Anette Rosengren are proposed for re-election, while Tuomas Yrjölä is nominated as a new member. All nominees are independent of the company and its significant shareholders. The Nomination Board also suggests maintaining the current monthly remuneration for board members, with additional meeting-specific fees. The Annual General Meeting is scheduled for 29 April 2025. Orthex Corporation, a leading Nordic houseware company listed on Nasdaq Helsinki, aims for sustainability and carbon neutrality by 2030. In 2023, its net sales were 85.9 million euros, with customers in over 40 countries.

Orthex Corporation announced its commitment to the Circular Economy Green Deal, focusing on increasing the use of recycled and bio-based raw materials in production and expanding the availability of circular economy products. The company aims to replace virgin raw materials with recycled and renewable ones and plans to introduce new plastic products made from these materials. Orthex targets increasing the proportion of recycled and renewable materials in its production from 16% to 85% by 2035 and aims to reduce its carbon footprint per kilogram by 75%. The Circular Economy Green Deal is a voluntary initiative involving various organizations to promote a low-carbon circular economy by reducing natural resource use and doubling the circular economy rate by 2035. Orthex, a leading Nordic houseware company, aims to be carbon neutral by 2030. In 2023, Orthex's net sales were 85.9 million euros, with customers in over 40 countries.

Orthex Corporation reported strong sales growth outside the Nordics for the period of January to September 2024, although increased costs affected profitability. Net sales increased by 5.3% to 65.9 million euros, with notable growth of 24.1% outside the Nordics. However, the adjusted EBITA margin decreased to 12.6% from 16.1% due to higher production costs and investments in commercial activities. The company's net debt to adjusted EBITDA ratio improved to 1.3. Orthex continues to focus on product innovation and sustainability, with recent launches made from recycled materials. Future financial reports are scheduled for release in 2025.

Orthex Corporation announced its schedule for publishing financial reports in 2025, with a 30-day silent period preceding each release. The Annual and Sustainability Report for 2024, including the Board of Directors’ report and Financial Statements, will be available online by the end of week 13 in March 2025. The Annual General Meeting is scheduled for 29 April 2025, with formal convening by the Board to follow. Reports will be published in Finnish and English on the corporate website. Orthex, a Nordic houseware company listed on Nasdaq Helsinki, aims for sustainability and carbon neutrality by 2030. The company reported net sales of 85.9 million euros in 2023 and operates in over 40 countries.

Orthex Corporation announced that Alex Nielsen, Sales Director for Europe and International Markets and a member of the Management Team since 2022, will leave the company on November 30, 2024. Under Nielsen's tenure, the company expanded its sales and presence beyond the Nordic countries, aligning with its strategy to become a European entity. CEO Alexander Rosenlew expressed gratitude for Nielsen's contributions. The international sales organization will temporarily report to Rosenlew while Orthex begins the process of recruiting a new Sales Director. Orthex, listed on Nasdaq Helsinki, is a leading Nordic houseware company with a focus on sustainability and aims to be carbon neutral by 2030. In 2023, its net sales were 85.9 million euros, serving over 40 countries.