New Wave Group AB - Company Profile
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New Wave Group AB (New Wave Group) designs and develops apparel and household products for the corporate promotions, sports, gifts and home furnishings sectors. The company’s product portfolio includes textiles, leisure, work and sports clothes, clothes in classic and trend colors. It offers glass and crystal products, materials for kitchen and table settings. The company markets products under Toppoint, Jobman, Lord Nelson, Skona Marie, Speedo, Printer, Kate Lord, Cutter & Buck, MacOne, and Queen Anne brand names. It has business presence in Europe, North America and Asia. New Wave Group is headquartered in Goteborg, Bohuslan, Sweden.
Headquarters
Sweden
Address
Kungsportsavenyen 10, Goeteborg, 41136
Website
www.nwg.se
Telephone
46 31 7128900
No of Employees
2,435
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
NEWA B (STO)
Revenue (2023)
$896.8M
7.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-4.3%
(2023 vs 2022)
Market Cap*
$933.1M
Net Profit Margin (2023)
XYZ
-11.0%
(2023 vs 2022)
* As of and is in US$
New Wave Group AB premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Corporate Promotion Products | Corporate: |
| Gifts and Home Furnishings Products | Bagsfirst |
| Sports and Leisure Products | Clique |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In June, the company acquired 100% of the shares in Tenson AB. |
| 2022 | Acquisitions/Mergers/Takeovers | In September, the company acquired the UK-based BTC Activewear. |
| 2019 | Acquisitions/Mergers/Takeovers | In December, the company acquired ON Interior, extensive wide range of home-deco. |
Competitor Comparison
| Key Parameters | New Wave Group AB | Gildan Activewear Inc | The Timberland Company | ECCO Sko AS | EVA Solo A/S |
|---|---|---|---|---|---|
| Headquarters | Sweden | Canada | United States of America | Denmark | Denmark |
| City | Goeteborg | Montreal | Stratham | Bredebro | - |
| State/Province | - | Quebec | New Hampshire | - | - |
| No. of Employees | 2,435 | 43,000 | 5,600 | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Olof Persson | Chairman | Executive Board | 2016 | 59 |
| Torsten Jansson | Chief Executive Officer; Director | Executive Board | 1991 | 61 |
| Lars Jonsson | Chief Financial Officer | Senior Management | 2007 | 59 |
| Patric Broman | Chief Information Officer | Senior Management | 2021 | 54 |
| Goran Harstedt | Deputy Chief Executive Officer | Senior Management | 2000 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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