onsdag, oktober 30, 2019

Net Insight AB appoints interim CEO

Net Insight

Net Insight AB appoints interim CEO

The Board of Directors has appointed Anders Harrysson interim CEO of Net Insight.

As earlier communicated, Crister Fritzson has been appointed CEO of Net Insight. Crister Fritzson will assume the role no later than April 14, 2020. Henrik Sund, current CEO, will leave his position on October 31. To secure the transition, the Board of Directors has appointed Anders Harrysson interim CEO, effective immediately. Anders Harrysson has experience from senior executive positions in the IT industry and is a Board member of Net Insight since 2010.

"I would like to thank Henrik Sund for his contributions during his tenure as CEO. Henrik has together with the management team laid a solid foundation for the strategic direction of the company, with increased focus on customer and growth. Net Insight is well positioned for the next development phase," says Gunilla Fransson, Chairman of the Board of Net Insight.

For further information, please contact:

Gunilla Fransson, Chairman of the Board of Net Insight, +46 8 685 04 00,
gunilla.fransson@netinsight.net

About Net Insight

Net Insight is a global leader in media networks, resource optimization and streaming solutions. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/


tisdag, oktober 29, 2019

Net Insight Interim Report January – September 2019

Net Insight

Net Insight Interim Report January – September 2019

Quote from CEO Henrik Sund: "Positive cash flow and strong results for Nimbra"

July – September 2019

  • Net sales amounted to SEK 112.3 (115.1) million, a decrease of -2.4% year-on-year. In comparable currencies net sales decreased by -6.8%.
  • Operating earnings amounted to SEK 3.1 (-4.2) million, corresponding to an operating margin of 2.7% (-3.7%).
  • Net income was SEK 1.8 (-3.8) million for the period.
  • Earnings per share, basic and diluted, was SEK 0.00 (-0.01).
  • Total cash flow was SEK 17.3 (-38.4) million.

January – September 2019

  • Net sales amounted to SEK 352.2 (345.1) million, an increase of 2.0% year-on-year. In comparable currencies net sales decreased by -3.7%.
  • Operating earnings amounted to SEK -5.5 (-14.7) million, corresponding to an operating margin of -1.6% (-4.3%).
  • Net income was SEK -4.6 (-10.2) million for the period.
  • Earnings per share, basic and diluted, was SEK -0.01 (-0.03).
  • Total cash flow was SEK -26.9 (-67.0) million.

Significant events:

  • Positive cash flow
  • Business area reported as segments
  • Launch of new Nimbra solution

Significant events after the period:

  • Crister Fritzson appointed new CEO of Net Insight and will take on the position on April 14 2020, by latest

The full report of the third quarter 2019 can be found on netinsight.net

For further information, please contact:

Henrik Sund, CEO Net Insight AB, +46 8 685 04 00, henrik.sund@netinsight.net

About Net Insight

Net Insight is a global leader in media networks, resource optimization and streaming solutions. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/


måndag, oktober 14, 2019

Net Insight AB appoints Crister Fritzson as CEO

Net Insight

Net Insight AB appoints Crister Fritzson as CEO

The board has appointed Crister Fritzson as CEO of Net Insight - Crister will lead the transformation and expansion of Net Insight that the company has embarked upon – Crister will assume his new position during the first half of 2020. Crister has extensive experience of managing companies within the Telecom and Broadcasting industry. Crister currently holds the positions as CEO and group CEO of SJ AB.

" I and the entire board are very pleased with having recruited Crister as the company's CEO. His experience of the industry and international cooperation as well as a shown ability to successfully lead organizations during changes will be an important asset for the company", says Gunilla Fransson, chairman of the board of Net Insight.

Crister currently holds the positions as CEO of SJ AB and head of the SJ group. He has previously held positions as the CEO and group CEO of Teracom and Boxer TV Access AB. In addition, Crister has held several senior management positions with Motorola and Allgon Systems. Crister has been a member of the board of Net Insight since 2013.

" I'm glad and proud to have the board's trust and look forward to leading the company in its next phase and international expansion together with all the innovation capability the company possess", says Crister Fritzson.

Crister Fritzson will replace the current CEO, Henrik Sund, who will leave the company during the fall.

For further information, please contact:

Gunilla Fransson, chairman of the board of Net Insight, +46 8 685 04 00, gunilla.fransson@netinsight.net

About Net Insight
Net Insight is a global leader in media networks, resource optimization and streaming solutions. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net


fredag, oktober 11, 2019

Invitation to presentation of Net Insight's Interim report January – September 2019

Net Insight

Invitation to presentation of Net Insight's Interim report January – September 2019

Net Insight AB will publish its interim report January – September 2019, on October 29, 2019 at 8:45 am CET. Following this report a conference call with web presentation for media and the financial community will take place.

CEO Henrik Sund and CFO Pelle Bourn will present and comment on the report. After the presentation there will time for questions, both on the phone and via the web presentation.

Time for the publication of the interim report
Tuesday October 29 at 8:45 am CET.

Time for conference call and web presentation
Tuesday October 29 at 9:30 am CET.

Dial-in number(s)
SE: +46850558369 UK: +443333009265 US: +18446251570
The conference call is mainly targeted to analysts, institutional investors and media.

Web presentation
Link: https://tv.streamfabriken.com/net-insight-q3-2019

The presentation and the report will be available on netinsight.net after publication.

Welcome!

Henrik Sund
CEO

For further information, please contact:

Henrik Sund, CEO Net Insight AB, +46 8 685 04 00, henrik.sund@netinsight.net

About Net Insight

Net Insight is a global leader in media networks, resource optimization and streaming solutions. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/


torsdag, oktober 10, 2019

Net Insight's Nomination Committee for AGM 2020

Net Insight

Net Insight's Nomination Committee for AGM 2020

In accordance with the decision of the Annual General Meeting held on May 9, 2017 the members of the nomination committee shall be nominated by the four largest shareholders (voting rights). In addition, the company's Chairman of the Board shall be part of the nomination committee.

Net Insight's nomination committee for the 2020 Annual General Meeting consists of the following representatives together with Chairman of the Board, Gunilla Fransson:

Ramsay Brufer (Alecta)
Jan Barchan (Briban Invest)
Martin Wallin (Lannebo Fonder)
Christian Brunlid (Handelsbanken Fonder)

Shareholders wishing to make proposals to the nomination committee can do so by e-mail, by March 13, 2020, to the Chairman of the Nomination Committee Ramsay Brufer, e-mail: ramsay.brufer@alecta.se.

For further information, please contact:
Ramsay Brufer, Chairman of the Nomination Committee, e-mail: ramsay.brufer@alecta.se
Gunilla Fransson, Chairman of the Net Insight Board of Directors, +46 8 685 04 00, or email: gunilla.fransson@netinsight.net

About Net Insight

Net Insight is a global leader in media networks, resource optimization and streaming solutions. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content – regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 60 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/




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