Q&A with regards to the potential sale
Since certain questions have been received from shareholders with respect to the potential sale of the shares in Zound Industries International AB initiated by the principal owners Zenith Venture Capital, Varenne, Telia Company and TIME Investors SAS, we want to share some frequently asked questions prior to the Sale of the Company and our answers to such questions.
Letter to shareholders
Extraordinary General Meeting 2018
We formally invite you to an extraordinary general meeting of Zound Industries, which will take place on Friday December 14, 2018 at 4pm. Please see attached documents for further information.
Annual Report 2017
Zound Industries’ 2017 annual report is now available. Press here to download.
Annual Shareholder Meeting 2018
We formally invite you to our annual shareholder meeting, which will take place on Friday June 15th at 3.00pm.
Download the invite HERE
Annual Report 2016
Zound Industries’ 2016 annual report is now available. Press here to download.
Annual Report 2015
Zound Industries’ 2015 annual report is now available. Press here to download.
Annual Report 2014
The 2014 Annual Report is available for download and your viewing pleasure here.
Annual Report 2013
The Zound Industries Annual report is now available for download. Click here to download.
Zound Industries to evaluate strategic alternatives for future ownership change
The Board of Directors of Zound Industries has decided to evaluate the conditions for a potential future ownership change. The Board evaluates various strategic alternatives, including a potential sale of the company or distribution of ownership and listing at Nasdaq Stockholm. The purpose is to create and realize value for all the company’s shareholders and to provide optimal conditions for Zound Industries’ continued growth.
Zound Industries rounds off a successful 2018 with a strong fourth quarter
January 30, 2019
Zound Industries continues to grow globally, reporting an increase in sales of 33 percent to 710 MSEK during the fourth quarter 2018 compared to the same period in 2017. For the full year, sales increased to 1,863 MSEK, which is also a 33 percent increase compared to 2017.
Zound appoints new member to Board of Directors
December 20, 2018
Zound Industries announces a new member of the board of directors. Monika Elling was appointed at an extraordinary general meeting on Friday, December 14, 2018.
Zound Industries and Marshall sign new agreement
October 24, 2018
Zound Industries and Marshall Amplification plc sign a new, long-term agreement. Under the terms of the new deal Stockholm based Zound Industries retains the global license to design, develop, manufacture and market headphone and speaker products under the Marshall brand.
The new agreement will come into force on January 1st, 2019 and run for 15 years until December 31st, 2033.
Zound reports further growth in Q3
October 16, 2018
Zound Industries reports further growth in Q3. Net sales increased by 44 percent to 412 MSEK compared to 287 MSEK for the same period last year.
Strong start to 2018 for Zound
August 23, 2018
Following a record close to 2017, Zound Industries has seen continued strong sales during the first six months of 2018. Net sales grew by 27 percent to 740 M SEK, compared to 585 M SEK for the same period last year.
Record turnover for Zound Industries, with continued global expansion
May 6, 2018
Zound Industries remains steadfast on its growth journey. 2017 proved to be yet another record year for the company, with annual turnover hitting SEK 1.4 billion (€136 million). Increased sales were impacted by the company’s expansion on both new and established markets.
Zound Industries breaks through billion barrier - new record year
June 30, 2017
Zound Industries continues to experience rapid growth, with 2016 being yet another record year for the company reporting an annual turnover of over 1 billion SEK (€105 million).