The order intake has been very satisfying, partly thanks to our existing customers having an increased demand on their products and partly thanks to the demand on the market for sugar reduced products is significant.
This leads to that producers, further to selling more of existing products, are also developing new ones. We have during this quarter also started collaborations with new customers. The order intake for the first quarter reached about 2.7 MSEK compared to an estimated 1 MSEK.
About Bayn Europe:
Bayn Europe is an independent supplier of cutting edge and healthy sugar reduction solutions for the food and beverage industry. Bayn’s ingredient solutions from natural sources, refined through scientific research and extensive market experience, facilitate new healthier formulations and recipes focused on taste and texture to help food and beverage companies around the world reduce sugar and calories in their products.
For more information, please contact Patrik Edström, CEO at Bayn Europe AB, e-mail email@example.com
Bayn is listed on Nasdaq Stockholm, First North, under the short name BAYN. Mangold Fondkommission AB is Bayn’s certified adviser. Telephone +46-8-5030 1550, e-mail CA@mangold.se
For more information visit www.bayneurope.com
This information is such information which Bayn Europe AB is required to disclose according to EU’s Market Abuse Regulation. The information was provided by the above contact person for publication on 3 April 2019, kl. 12.15 CET.