Flügger group A/S elevated to MidCap on Nasdaq
On Monday, 20 December, Nasdaq announced that from 1 January 2022, Flügger group A/S will move from SmallCap to MidCap.
Flügger will now join other listed companies with a stable market value between EUR 150 million and EUR 1 billion. CEO of Flügger Sune Schnack is pleased with the news:
“Our return to the MidCap segment reflects Flügger’s current growth journey. We are, of course, proud of that. It shows that after a number of challenging years, we have really reversed the trend.”
Chairman of the Board Michael Mortensen is also pleased with Flügger being back in the Midcap segment:
“Flügger being elevated to the MidCap segment attracts more attention from both investors and media, which we’re of course pleased with. The segmentation is a result of the impressive results we have delivered over the last couple of years and naturally, our ambitions do not stop here.”