Bayn’s order intake increases: Larger demand than expected during January to April

2019 has had a strong start for Bayn Europe AB. From 1st January this year until today Bayn has received orders to a value of 3.3 MSEK. This corresponds to what was invoiced during all of 2018.

– This is clear proof that more and more food and beverage producers in Europe are interested in EUREBA®, our alternative to sugar”, says Mats Källqvist, SVP Sales and Marketing at Bayn.

At the same time the demand for food products with less sugar, alternatively with no sugar at all, grows steadily. This also contributes to an increased demand for Bayn’s products.

– We also see that the producers are developing new sugar reduced products. This innovative force is another explanation for the increased order intake”, says Mats Källqvist.

 

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 pe@bayn.se

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 was previously released in Swedish and was 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 16 May 2019, kl. 10.15 CET.

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