Nilsson Special Vehicles AB (publ) warns of a lack of work to adapt the organization to expected lower volume

Nov 2, 2020

Nilsson Special Vehicles AB announces three civil servants and eight collective employees. Notice is added to adjust costs to an expected lower volume. This is due to the uncertainty regarding the procurement in the Norwegian ambulance market as well as the uncertainty regarding Brexit and Covid-19 in the UK market, as the Company has reported previously.

For more information, please contact:

Fredrik Nilsson, CEO

Email: fredrik.nilsson@nilsson.se

Phone: 0430 - 490 58

The information in this press release is such that Nilsson Special Vehicles AB (publ) shall make public pursuant to EU Regulation No 596/2014 on market abuse (MAR). The information was submitted for publication through the agency of the contact person above on 2 Nov at 11:30 a.m. CET.

Briefly about Nilsson Special Vehicles

Nilsson is today one of Sweden's largest players for customized vehicles. The company produces and sells limousines, ambulances and funeral cars. Customers are mainly located in Europe, where the largest markets are Scandinavia and England. The story behind Nilsson began in 1945 when Yngve Nilsson Karosserifabrik was founded. With many years of experience in the industry, the company has a strong focus on innovation in the form of new materials, technologies and increased global market focus to achieve continued satisfied customers.

Nilsson Special Vehicles AB (publ) is listed on Nasdaq First North Growth Market (ticker: NILS).

Certified Adviser to Nilsson Special Vehicles AB is:

Västra Hamnen Corporate Finance AB

Tel: +46 40 200 250

E-mail: ca@vhcorp.se

Important information

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