AKKA: Delisting of Data Respons

BRUSSELS & OSLO, Norway--()--Regulatory News:

AKKA (Paris:AKA) (BSE:AKA) (ISIN:FR0004180537) announces the delisting of Data Respons from the Oslo Stock Exchange.

  • Following the delisting procedure initiated on 13th May, AKKA owns 100% of Data Respons’ share capital, whose delisting has been confirmed by the Oslo Stock Exchange yesterday evening.
  • The acquisition of Data Respons is in line with AKKA's ambition to strengthen its digital activities. Innovation stimulated by digital, mobility, electrification and Advanced Driver Assistance Services (ADAS) will continue to drive demand. The acceleration in the deployment of AKKA’s digital strategy will enable the Group to emerge as a leading player in the post-crisis era.
  • Data Respons is still working at full capacity despite the current crisis to offer solutions to its customers, and recorded organic growth of 8% in Q1.

Next events:

Half-year 2020 revenue: Monday, 27th July 2020
Half-year 2020 results: Tuesday, 15th September 2020

In case of discrepancy between the French and English versions of the press release, only the French version shall be deemed valid.

About AKKA

AKKA is the European leader in engineering consulting and R&D services in the mobility segment. As an innovation accelerator for its clients, AKKA supports leading industry players in the automotive, aerospace, rail and life sciences sectors throughout the life cycle of their products with cutting edge digital technologies (AI, ADAS, IoT, Big Data, robotics, embedded computing, machine learning, etc.).

Founded in 1984, AKKA has a strong entrepreneurial culture and is pursuing its fast-paced growth. With approximately 22,000 technology-passionate employees and half a billion Euros digital platform, AKKA is dedicated to advancing the future of industry and supporting the digital transition of its clients. The Group recorded revenues of €1.8 billion in 2019.

AKKA Technologies is listed on Euronext Paris and Brussels – Segment A – ISIN code: FR0004180537.

For more information, please visit www.akka-technologies.com

Follow us on: twitter.com/AKKA_Tech

About Data Respons

Data Respons is a pure-play digital leader with an in-depth expertise in software development, R&D services, advanced embedded systems and IoT solutions. The company is headquartered in Oslo (Norway) and has a strong portfolio of clients in the Nordic region and in Germany, supported by 1,400 software & digital specialists.
Data Respons continued its successful development in 2019 with revenue growth of 25% and a 51% increase in EBITDA.

Contacts

AKKA
Investor Relations
Dov Levy
VP Investor Relations
Tel: +32(0) 2 712 61 24
dov.levy@akka.eu

Media Relations
Markus Leutert
Group Head of Communications
Tel.: +32(0) 4 96 26 27 55
markus.leutert@akka.eu

FTI Consulting
akka@fticonsulting.com
Media Relations, France
Léa Truchetto/Emily Oliver
Tel.: +33(0) 1 47 03 68 15

Contacts

AKKA
Investor Relations
Dov Levy
VP Investor Relations
Tel: +32(0) 2 712 61 24
dov.levy@akka.eu

Media Relations
Markus Leutert
Group Head of Communications
Tel.: +32(0) 4 96 26 27 55
markus.leutert@akka.eu

FTI Consulting
akka@fticonsulting.com
Media Relations, France
Léa Truchetto/Emily Oliver
Tel.: +33(0) 1 47 03 68 15