Rapid growth for cleantech textile finisher Orga - sportstextiles: Lea SportsTextiles

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Rapid growth for cleantech textile finisher OrganoClick

08/04/2015
Swedish performance materials developer OrganoClick has reported 127% growth in 2014 and aims to double its revenues this year.

Established in 2006 as a university spin-off, the company produces functional materials based on environmentally friendly fibre chemistry including water repellent fabric treatment OrganoTex.

It listed on Nasdaq First North, Nasdaq’s European growth market, in February and will use the capital for an international expansion with a strengthened sales organisation.

Revenues in 2014 reached SEK 24,6 million ($2.9 million).

CEO Mårten Hellbergs said: “We are looking forward to 2015 and our goal of doubling the revenue to SEK 50 million."

Related stories:

Swedish government courts rapidly growing Organoclick 06/04/2016
OrganoClick appoints for new marketing role 04/01/2016
Expansion on the cards for OrganoClick 25/08/2015
Swedish brand chooses OrganoClick’s fluorocarbon-free water repellent technology 02/03/2015
OrganoClick raises $9 million from equity sale 11/02/2015
Haglöfs signs up to help find PFC alternatives 13/05/2014
OrganoClicks pairs with Chang-Ho for ‘greenest’ fabric 30/01/2014
Norwegian Textile Panel to discuss sportswear 07/09/2011

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