CORRECTION! KALDVIK AS (KLDVK): Announcement of Q1 2025 results and new refinancing package
- 89
KALDVIK AS (KLDVK) reports operating income in Q1 of EURm 48.4 (EURm 31.1), while the operating profit/loss before fair value adjustment of biomass and production tax was positive of EURm 9.8 (EURm 2.4).
Harvest amounted to 6,383 tonnes in Q1 2025 (3,986 tonnes)
Web cast will be at 09:00 (CEST)/ 07:00 Icelandic time on 28 May 2025 on the following link: www.kaldvik.is/live
NEW REFINANCING PACKAGE
Further, Kaldvik has initiated a process to refinance the company through a new debt package and equity and has received confirmation of a new and improved bank financing package from its existing lenders.
In connection with the refinancing, it is a condition for the new financing that the company raises a net cash amount of approx. EUR 45 million in new equity. The company is in the process of launching such an equity raise, with strong backing from its majority shareholder, Austur Holding AS.
Attached is the presentation and report for Q1 2025, which also includes further information on the refinancing package. An updated company presentation has also been uploaded to the company's website www.kaldvik.is.
Kaldvik, 28 May 2025
Contact: Robert Robertsson, CFO of KALDVIK AS:
+354 843 0086(mobile)
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Róbert Róbertsson, CFO of Kaldvik AS, on 28 May 2025 at 07:00 CEST.
Attachments

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases, financial disclosures and multimedia content to media, investors, and consumers worldwide.
- Attention Long-Term Treace Medical Concepts, Inc. (TMCI) Shareholders: Grabar Law Office is Investigating Claims on Your Behalf
- LICT Corporation Announces Christopher Nossokoff Will Join Corporate Executive Team as Merger and Acquisitions Advisor
- NSSC Investors Have the Opportunity to Lead the Napco Security Technologies Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
- R.E.A. Holdings plc: Further re conditional agreement for the sale of CDM
- Tiziana Life Sciences Expands Phase 2 Clinical Trial of Intranasal Foralumab with Commencement of First Patient Dosing at Weill Cornell Multiple Sclerosis Center
- URGN Investors Have the Opportunity to Lead the UroGen Securities Fraud Lawsuit with Faruqi & Faruqi, LLP