Trading in the shares of Lifa Air Plc, a technology company and clean air expert, on the Nasdaq First North Growth Market Finland marketplace maintained by Nasdaq Helsinki began on April 20, 2022. Following the IPO, Lifa Air has more than 1,100 shareholders.

“Lifa Air's products cover the needs of clean air, from respirators suitable for healthcare professionals to products that improve indoor air quality and ventilation hygiene products. The listing and the funds raised through the share issue will support us in implementing our growth strategy. In our view, there is a need in the market especially for lower priced air purifiers, personal clean air products and FFP2 and FFP3 respirators. The continuation of the pandemic for an unpredictable period, new airborne diseases and pathogens, worsening air pollution and deteriorating indoor air quality, as well as geopolitical threats create a need for Lifa Air's products”, says Vesa Mäkipää, CEO of Lifa Air.

About Lifa Air

Lifa Air is a Finnish technology company offering clean breathing air solutions, founded in 1988 and headquartered in Helsinki. Lifa Air's business is divided into three business areas, which are air purifiers, respirators, and surgical masks, as well as ventilation hygiene products.

Lifa Air is a pioneer in the development of a variety of products that enable cleaner and healthier breathing air. The company's competitive advantages are based on the company's own technology and efficient sourcing and production. Lifa Air's clean breathing solutions can be used in a variety of spaces, such as homes, schools, offices, and factories. In addition, Lifa Air's products are suitable for a wide range of needs, from private use to professional use.

In 2021, the Lifa Air Group's net sales were EUR 17.8 million (2020: EUR 10.8 million) and EBITDA was EUR 5.9 million (2020: EUR 2.9 million).

Read more: https://investors.lifa-air.com