First Cargo AB nominated for the Gazelle prize 2023

We were pleasantly surprised when Dagens Industri called to announce that we had been named a Gazelle company. Even though we knew that we had had two or three exceptional years with great growth, which among other things led to more employment, the thought had not crossed our minds that we could become a gazelle.

– Well, three of us were at a very nice gala evening where we got to eat well and meet nice people in other growth industries. We were also able to contribute to a slightly better outcome in terms of gender balance, says CEO Thomas Lindström.

To be named a Gazelle, the company must meet all the criteria. The jury also make an overall assessment of the company, where additional parameters that indicate sound operations are weighed in.

A Gazelle company has:

• A net turnover exceeding SEK 10 million, according to the latest annual report.
• At least ten employees, according to the latest annual report.
• At least doubled its turnover, comparing the first and last financial year of the four-year investigation period.
• Increased its turnover every year for the past three years.
• A positive overall operating profit for the last four financial years.
• Essentially grown organically, not through acquisitions or mergers.
• Sound finances.

More about DI and the Gazell prize here…