Interim Report January - September 2020 Coor Service Management Holding AB

Interim Report January - September 2020 Coor Service Management Holding AB

PR Newswire

STOCKHOLM, Nov. 4, 2020

STOCKHOLM, Nov. 4, 2020 /PRNewswire/ --

Third quarter of 2020                                                                                                     

The period January-September 2020

GROUP EARNINGS SUMMARY

Jul - Sep


Jan - Sep


Rolling

Full year

 (SEK m)

2020

2019


2020

2019


12 mth.

2019

Net sales

2,297

2,490


7,102

7,581


9,835

10,313

 Organic growth, %

-7

5


-7

6


-4

5

 Acquired growth, %

2

0


2

3


2

2

 FX-effects, %

-3

1


-2

1


-1

1

Adjusted EBITA

140

127


403

398


555

549

Adjusted EBITA-margin, %

6.1

5.1


5.7

5.2


5.6

5.3

EBIT

89

70


236

224


310

299

Income for the period

58

40


141

127


183

169

Operating cash flow

269

118


442

280


752

591

Earnings per share, SEK

0.6

0.4


1.5

1.3


1.9

1.8

 

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

 

Invitation to a press and analyst presentation

On 4 November, at 9:00 a.m. CET, the company's President and CFO will give a presentation on developments in the third quarter in a webcast. To participate in the webcast, please register in advance using the following link:

https://onlinexperiences.com/Launch/QReg/ShowUUID=BC5C0FEC-E58F-4B75-8ECB-ECEF92B119C2

To listen to the presentation by telephone, dial +46850558358 (Sweden), +4723963688 (Norway), +4578723250 (Denmark), +358981710520 (Finland) or +443333009271 (UK).

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

Financial calendar

Interim Report January-December 2020                                       11 February 2021

Interim Report January-March 2021                                             26 April 2021

Interim Report January-June 2021                                                15 July 2021

Interim Report January-September 2021                                       9 November 2021

For further information

For questions concerning the financial report, please contact our CFO and Director of Investor Relations Klas Elmberg (+46 10 559 65 80)

For questions concerning the operations or the company in general, please contact CEO AnnaCarin Grandin (+46 10 559 57 70) 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 4 November 2020, at 7:30 a.m. CET.

As a leading provider of facility management services, primarily focused on integrated and complex service undertakings (IFM), Coor is involved in creating the Nordic region's happiest, healthiest and most prosperous work environments. Coor offers specialist expertise in workplace services, property services and strategic advisory services. We create value by implementing, leading and streamlining our customers' service operations, thereby enabling our customers to focus on what they do best.

Coor's customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, AB Volvo, Aibel, DNV-GL, E.ON, Ericsson, Equinor, ICA, NCC, OP Group, "Danish Police, Prison and Probation Service and Public Prosecution Agency", Saab, Sandvik, SAS, Telia Company, the Swedish Transport Administration, Vasakronan and Volvo Cars.

Coor established its operations in 1998 and 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---september-2020-coor-service-management-holding-ab,c3230843

The following files are available for download:

https://mb.cision.com/Main/8962/3230843/1330234.pdf

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