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2018-09-19

Zutec Holding AB: **Re-issue of Zutec Year End Report - July 2017-June2018**

Please note that the annual report which will include full statutory
financials will be released on Sept 26th 2018.

*Previous Press release omission: The company is listed on Nasdaq
First North and Mangold Fondkommission AB is the Company's acting
Certified Adviser, tel. + 46 8 5030 1550, www.mangold.se

Period July 1st 2017 - June 30th 2018

· Sales for the year SEK 35,231,000
· 40% fiscal year on year turnover growth
· Contracted sales of SEK 66,077,060 up to 2021 (an increase of 6%
since Q4)

· EBITDA (Before IPO costs) SEK 6,289,000 for 2017/18
· 32% increase in client deployments
· Company Certified for ISO27001
· Global Construction Industry growing at 3% per annum
· Key hires in Management, Sales and Development
· Recurring annual software revenue 15% of revenues
· Recurring annual software revenue 27% of overall software
revenues

· Clear Product Development strategy
· Inbound sales system being implemented
For additional Information please contact:

Brendan O'Riordan, CEO of Zutec Holding AB

Brendan.oriordan@zutec.com Tel. +353 86 8568971

Mangold Fondkommission AB is the Company's acting Certified Adviser

www.mangold.se; Tel. + 46 8 5030 1550

For the full statement, see attached PDF.

For further information, please contact:

Brendan O'Riordan CEO of Zutec Holding AB; brendan.oriordan@zutec.com

About Zutec Holding AB

Zutec develops and markets cloud-based software solutions, primarily
directed to companies within the building and construction industry.
The Company's products help clients to increase their productivity
and cost efficiency. Zutec provides solutions within project
management, data and document collaboration tools, data enriched
3D-models, defect management, project handover and the operations and
maintenance of buildings.

To find out more please visit www.zutec.com

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http://news.cision.com/se/zutec-holding-ab/r/re-issue-of-zutec-year-end-...
http://mb.cision.com/Main/16903/2621865/911794.pdf

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