Consilium receives orders in Italy worth SEK 20 million

Consilium receives orders in Italy worth SEK 20 million

Consilium Italy has received orders to deliver fire detection systems
for three cruise ships and radar systems for a number of naval vessels.
The order value is SEK 20 million.

The orders include fire detection systems for two new cruise ships being
built at the Italian shipyard Fincantieri for Carnival Group and a
retrofit installation onboard a third cruise ship owned by Costa
Cruises. The radar system refers to retrofit of French naval vessels at
the DCNS shipyard.

“Both the navy sector and the cruise segment are important markets where
Consilium has long experience and great knowledge. These segments are
not affected by economic fluctuations at the same time as for example
merchant ships. Consilium has a good spread of its income from different
market segments”, says Ove Hansson, Consilium's President and CEO.

 
CONSILIUM AB (publ)

For further information, please contact:

Consilium AB (publ)
Ove Hansson
President and CEO
Tel: + 46 (0) 8-563 05 300
Cell: + 46 (0) 70-576 08 33
www.consilium.se (http://www.consilium.se)

 
Consilium is one of the world's leading suppliers of safety and
navigation products and solutions. The product portfolio comprises
systems for fire protection, gas and emission detection, automation
systems and navigational equipment, among other things. Systems and
products are mainly marketed towards shipyards and ship owners, together
with the oil and gas industry. The guiding-star of Consilium's total
offerings is to contribute in the protection of lives, material assets
and the environment. Consilium's goal is to be the customer's first
choice when safety matters and to offer superior customer value. The
ambition is to become a global leader within well defined market and
product areas, by utilization of the Group's combined competence, long
experience and successful innovations - and thereby create long-lasting
shareholder value. Consilium is publicly listed on NASDAQ OMX Stockholm,
has more than 550 employees and a turnover exceeding 900 MSEK.