Interim Report January - June 2020 Coor Service Management Holding AB

Interim Report January - June 2020 Coor Service Management Holding AB

PR Newswire

STOCKHOLM, July 17, 2020

STOCKHOLM, July 17, 2020 /PRNewswire/ -- Second quarter of 2020    

First half of 2020

                                    GROUP EARNINGS SUMMARY

Apr - Jun


Jan - Jun


Rolling

Full year

 (SEK m)

2020

2019


2020

2019


12 mth.

2019

Net sales

2,265

2,556


4,806

5,091


10,028

10,313

 Organic growth, %

-11

5


-7

7


-2

5

 Acquired growth, %

2

2


2

4


2

2

 FX-effects, %

-2

1


-1

2


0

1

Adjusted EBITA

141

140


263

271


542

549

Adjusted EBITA-margin, %

6.2

5.5


5.5

5.3


5.4

5.3

EBIT

86

78


147

154


291

299

Income for the period

52

44


83

87


165

169

Operating cash flow

-11

38


173

162


602

591

Earnings per share, SEK

0.5

0.5


0.9

0.9


1.7

1.8

See page 24 for definitions and calculations of key performance indicators. Items affecting comparability are presented in Note 3.

Invitation to a press and analyst presentation

On 17 July 2020, at 10:00 a.m. CEST, the company's President and CFO will give a presentation on developments in the second quarter in a webcast. To participate in the webcast, please register in advance using the following link:

https://onlinexperiences.com/Launch/QReg/ShowUUID=8B5002B6-8F64-4D8E-BD8C-A608A2D7CF6A

To listen to the presentation by telephone, dial +46850558356 (Sweden), +4723963938 (Norway), +4578150108 (Denmark), +358931583775 (Finland) or +443333009261 (UK).

The briefing material and a recording of the webcast will be published on the company's website www.coor.com, under Investors/Reports and presentations, after the briefing.

Financial calendar

Interim Report January-September 2020                                       4 November 2020

Interim Report January-December 2020                                        11 February 2021

Interim Report January-March 2021                                              26 April 2021

Interim Report January-June 2021                                                 15 July 2021

For further information

For questions concerning the financial report, please contact our CFO and Director of Investor Relations Klas Elmberg (+46-10-559-6580)

For questions concerning the operations or the company in general, please contact Mikael Stöhr, President and CEO (+46-10-559-59-35) or Magdalena Öhrn, Director of Communications (+46-10-559-55-19).

More information is also available on our website: www.coor.com

This constitutes information which Coor Service Management Holding AB is required to publish under the EU's Market Abuse Regulation. The information was submitted for publication through the above contact person on 17 July 2020, at 7:30 a.m. CEST.

Coor is a leading provider of facility management services in the Nordic countries, focusing on integrated and complex service undertakings (IFM). Coor offers specialist expertise in workplace services, property services and strategic advisory services for development of customers' service activities. Coor creates value by executing, leading, developing and streamlining its customers' service activities, ensuring that they provide optimal support to the core business over time. Coor's customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, AB Volvo, Aibel, Det Norske Veritas, E.ON, Ericsson, Equinor, EY, NCC, Politiet (Danish police), Saab, Sandvik, SAS, Telia Company, the Swedish Transport Administration, Vasakronan and Volvo Cars.

Established in 1998, Coor has been listed on the Nasdaq Stockholm exchange since June 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/coor/r/interim-report-january---june-2020-coor-service-management-holding-ab,c3155904

The following files are available for download:

https://mb.cision.com/Main/8962/3155904/1280592.pdf

Interim Report, January - June 2020, Coor

 

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