Press Releases

AutoStore Holdings Ltd. – Share transactions by primary insider and close associate

(Nedre Vats, 30 May 2023): AutoStore Holdings Ltd (AutoStore, OSE:AUTO), Viveka Ekberg, board member, has on 26 May 2023, sold 196,774 shares through her partly-owned investment company, and from her personal holding. Subsequently, she has acquired 196,774 shares to her personal holding. Following such transactions, there has been no change in Ekberg’s indirect and direct shareholding, which totals 236,774 shares.

AutoStore: Minutes from Annual General Meeting

(Nedre Vats, 23 May 2023): AutoStore Holdings Ltd. (AutoStore, OSE: AUTO) has today at 15:30 hours (CEST), held its annual general meeting as a virtual meeting. All proposed resolutions were approved. Please find enclosed the minutes from the annual general meeting, which will also be made available on the Company's website: https://www.autostoresystem.com/investors.

AutoStore: Notice of Annual General Meeting

(Nedre Vats, 1 May 2023): AutoStore Holdings Ltd. (AutoStore, OSE:AUTO) will hold its annual general meeting on Tuesday, 23 May 2023 at 15:30 hours (CEST) as a virtual meeting. Please find enclosed the notice of the annual general meeting 2023, incl. the power of attorney and advanced votes form.

AutoStore Holdings Ltd. – Exercise of share options under the equity incentive plan and joint sale of option shares

(Nedre Vats, 27 April 2023): AutoStore Holdings Ltd (AutoStore, OSE:AUTO) Reference is made to the equity incentive plan of AutoStore. In an exercise window opened in connection with the publication of the Company's Q1 2023 results, option holders under the Company's equity incentive plan have exercised a total of 12,985,330 options with a strike price of NOK 3.84351 per share.

AutoStore Holdings Ltd. – Further exercise of share options under the equity incentive plan and joint sale of option shares

(Nedre Vats, 27 April 2023): AutoStore Holdings Ltd (AutoStore, OSE:AUTO) Reference is made to the stock exchange announcement earlier today regarding exercise of share options under the equity incentive plan and joint sale of such option shares.

AutoStore Holdings Ltd. – Sale of option shares by primary insiders

(Nedre Vats, 27 April 2023): AutoStore Holdings Ltd (AutoStore, OSE:AUTO)  Reference is made to the stock exchange notices issued by AutoStore earlier today regarding exercise of share options under AutoStore's equity incentive plan.

AutoStore Publishes 2022 Annual Report

In 2022, AutoStore experienced a year of major milestones, including a total of 1,150+ systems sold worldwide.

AutoStore: Q1 2023 financial results

AutoStore Holdings Ltd – Rotation and appointment of board members

(Nedre Vats, 21 April 2022): AutoStore Holdings Ltd (AutoStore, OSE:AUTO) Board member Sam Merksamer has informed the board of directors of AutoStore that he rotates off from the company's board of directors with effect from April 20[th]. Further, Softbank has decided to appoint Sumer Juneja and Vikas Parekh as new members of the board of directors with effect from April 20[th]. Vikas Parekh will be replacing Sam Merksamer as co-chair of the board. Moreover, Thomas H. Lee Partners has decided to appoint Edzard Overbeek as new member of the board of directors with effect from April 20[th], replacing Magnus Tornling who stepped down in September 2022. The co-chair of the board of directors, Jim Carlisle, thanks Sam for his valuable contributions to the board, and welcomes the new appointments, respectively. The board of directors will continue to constitute a quorum after the announced rotation and appointments.   

AutoStore Holdings Ltd. – UK judgment has no impact on AutoStore’s business

AutoStore Launches Pay-Per-Pick Service Option to Address Fast-Growing Demand for Fulfillment Automation

Technology, digital services and logistics provider THG Ingenuity signs global distribution partnership agreement to provide AutoStore systems on a pay-per-pick model

AutoStore: Q4 2022 financial results

Fourth quarter 2022 highlights (All comparisons to corresponding period in 2021) · Revenue of USD 148 million, up 58% from USD 93 million · Gross profit of USD 90 million, up from USD 62 million · Gross margin of 61%, down from 66% in Q4 2021, however 650 bps of sequential improvement from Q3 2022 · Adjusted EBITDA[1] of USD 59 million, up 44% from USD 41 million · Adjusted EBITDA[1] margin of 40%, down from 44% in Q4 2021, however 280 bps sequential improvement from Q3 2022 · Quarterly order intake[2] of USD 153 million brought the order backlog[3] to USD 476 million · Simplified free cash flow[1] was USD 45 million, up from USD 30 million, equating to a cash flow conversion rate of 77% (73%) Full year 2022 highlights · Revenue of USD 584 million, up 78% · Adjusted EBITDA1 of USD 238 million, up 50% Full year 2023 guidance · Revenue of USD 700 to 750 million [1] Please refer to APM section for further explanations and details on APM measures on page 28 of the third quarter 2022 financial report. [2] Order intake is defined as value of projects where a distribution partner has received a purchase order or verbal confirmation that a specific installation will be ordered. [3] Order backlog is defined as the total value of order intake not yet shipped and for which revenue has not yet been recognized. [4] Interest-bearing liabilities and lease liabilities less cash and cash equivalents.

AutoStore: Invitation to presentation of the fourth quarter financial results

(Nedre Vats, 3 February 2023): AutoStore Holdings Ltd (AutoStore: OSE:AUTO) invites investors, analysts and journalists to join the presentation of the fourth quarter 2022 on Thursday 16 February 2023 at 08:00 CET.

AutoStore Announces CFO Transition

NEDRE VATS, NORWAY (November 28, 2022) – AutoStore Holdings Ltd. (AutoStore, OSE:AUTO) today informs that a global search for a new Chief Financial Officer has been initiated. Current CFO Bent Skisaker has informed the company of his intention to step down to pursue other opportunities. He will remain in the role until a replacement is in place.

AutoStore appoints Mats Hovland Vikse as new CEO

Nedre Vats, Norway (November 17, 2022) – AutoStore Holdings Ltd. (AutoStore, OSE:AUTO) today announce the appointment of current Chief Revenue Officer Mats Hovland Vikse as CEO, effective January 1, 2023. Current CEO Karl Johan Lier will retire as part of an orderly and planned transition. Lier will be employed in AutoStore until March, 2023.