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Regulatory press release

Odico receives order from Danish company in the construction industry

Odico

23.10.2023 13:12:03 CEST | Odico A/S | Company Announcement

Today, Odico has received an order for its business area, Digital Fabrication, from a new strategic customer in the construction industry in the modular wood construction segment.

Internal knowledge: Odico A/S receives an order worth over DKK 4 million.

Company Announcement 75–2023

The initial order represents a turnover of over DKK 4 million and includes the manufacture of prefabricated wooden elements.

Based on the customer's digital design, Odico will use, among other things, its robotic and automated Carpen technology to produce the wooden elements for sustainability and smooth and fast construction on site.

The order will be delivered on an ongoing basis with expected completion by the end of 1Q2024.

The parties agree that other details related to the order will not be disclosed for competitive reasons.

The order does not affect the company's financial guidance for the current financial year.
Inquiries regarding this announcement can be directed to CEO Henrik Jacobsen.
                        

Contacts

  • Certified Advisor, Gert Mortensen, Baker Tilly Corporate Finance P/S, +45 30 73 06 67, gmm@bakertilly.dk
  • Henrik Jacobsen, CEO, +45 30 15 22 29, henrik.jacobsen@odico.dk

About Odico A/S

Odico A/S utilizes cutting-edge robotic solutions to increase efficiency and precision in the construction industry. Odico's state-of-the-art robotics technology automates traditionally labor-intensive tasks, leading to significantly increased productivity and cost savings. 

With a focus on reducing material waste and CO2 emissions, Odico is leading the way in digital manufacturing and scalable robotic solutions, shaping the future of the industry through innovation. 

Odico A/S prides itself on being at the forefront of innovation for a sustainable future.

Read more about Odico and see case examples at www.odico.dk

Attachments

  • Download announcement as PDF.pdf