The result of Loudspring, which is turning into an industrial company, is at a loss

Investment company Loudspringin unaudited turnover was 80,000 euros in the first half of the year. In January-June last year, the turnover was 90,000 euros.

Loudspring’s result in January-June was EUR 479,000 in loss. In the same period last year, the result was a loss of EUR 404,000.

Loudspring has stated that it will focus on investing in early-stage, competitive and profitable companies that conserve natural resources.

Loudspring has previously said that the company’s structure as an investment company will be dissolved during 2022.

With the change, Loudspring is practically hatching into an industrial company Eagle Filters , which is already fully owned by Loudspring. Loudspring is looking to divest itself of its other holdings.

Eagle Filters’ turnover in January-June was 1.6 million euros. The increase from a year ago was five percent.

Loudspring instructs Eagle Filters to have a turnover of 4.5-6.0 million for the whole year.

Eagle Filters manufactures air filters for the energy industry.

Source: Arvopaperi by

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