The Tellus Group is strengthening its financial reporting through earlier quarterly reports and the transition to IFRS

Published: May 15, 2025

  

IR - Non-regulatory, Other, Operations

Tellusgruppen AB (publ.) has decided to bring forward the publication of the company’s quarterly reports and to transition to IFRS accounting effective January 2026. These changes are intended to enhance transparency and improve comparability in financial reporting and are part of the company’s ongoing development as a publicly traded company.

The Tellus Group has decided to adjust the company’s financial calendar by bringing forward the publication of upcoming quarterly reports. This change means that, starting with the next reporting period, the company will report its results earlier than previously announced.

The purpose of this change is to further enhance transparency for shareholders and the capital market, as well as to underscore the company’s sound internal reporting procedures and financial controls. The updated reporting date reflects a commitment to leading the way in terms of accessibility and clarity in the communication of financial information.

“The fact that we are able to bring forward our reporting schedule is a testament to the strength of our internal processes and the high quality of our financial work. It is also part of our commitment to being as transparent and accessible as possible to shareholders, analysts, and other stakeholders,” says Bijan Fahimi, CEO of the Tellus Group.

As part of the Tellus Group’s development and adaptation to a public market environment, the Tellus Group has also decided to adopt the International Financial Reporting Standards (IFRS) effective January 1, 2026, in place of the current K3 accounting standards.

The transition to IFRS involves harmonization with international practices and aims to improve comparability with other listed companies, both in Sweden and internationally. It enhances transparency in financial reporting and is expected to make it easier for both investors and analysts to monitor and evaluate the company’s performance.

– “The transition to IFRS is a natural step in our development as a publicly traded company. It enhances comparability and provides the market with even better tools to track our financial performance. We view this as a clear expression of our focus on transparency, quality, and a long-term perspective,” says Bijan Fahimi, CEO of the Tellus Group.

The adjusted financial calendar:

Financial CalendarNew dates
Annual General MeetingJune 18, 2025
Second Quarter Report for 2025August 8, 2025
Third Quarter Report for 2025October 24, 2025
Year-End Report 2025February 6, 2026

For further information, please contact
Bijan Fahimi, CEO of Tellusgruppen AB
bijan.fahimi@tellusgruppen.noboxdesign.se
+46 707 167 453

Certified Adviser
The Company’s Certified Adviser is Mangold Fondkommission AB, which can be reached by phone at 08-503 015 50 and by email at ca@mangold.se.

About Tellusgruppen AB (publ)
Tellusgruppen is a long-term owner of well-managed companies in the education and childcare sectors. The Group currently operates 28 preschools and seven elementary schools, and also provides childcare and educational services.

The Tellus Group was founded in 2012 as the parent company of Tellusbarn (which was founded in 2007) and as a platform for future expansion in the education and childcare sector.

The Tellus Group’s business concept is to establish, operate, and develop profitable and growing subsidiaries that offer high-quality, innovative, and in-demand services within their respective fields.