Interim Report, January – March 2019 Coor Service Management Holding AB

Interim Report, January – March 2019, Coor Service Management Holding AB.

First quarter of 2019                                                                                                         

•  Net sales increased by 19 per cent in the first quarter, to SEK 2,535 (2,127) million. Organic growth was 10 per cent and growth from acquisitions 7 per cent,   while foreign exchange effects accounted for 2 per cent of the increase.
•  Adjusted EBITA increased by 14 per cent to SEK 131 (115) million and the operating margin was 5.2 (5.4) per cent.
•  EBIT was SEK 77 (57) million. Profit after tax was SEK 43 (17) million.
•  Earnings per share were SEK 0.4 (0.2).
•  Operating cash flow was SEK 124 (-61) million.

See page 24 for definitions and calculations of key performance indicators. Non-recurring items are presented in Note 3.
 

Invitation to a press and analyst presentation  

On 2 May, at 2:00 p.m. CET, the company’s President and CFO will give a presentation on developments in the first quarter in a webcast. To participate in the webcast, please register in advance using the following link:

http://event.on24.com/wcc/r/1919004-1/71A28E4D8050F7AFD4B4920C0F8CA332?partnerref=rss-events.

To listen to the presentation by telephone, dial +46850558354 (Sweden), +4723500236 (Norway), +4582333194 (Denmark), +358981710520 (Finland) or +443333009031 (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 – June 2019                                             18 July 2019

Interim Report   January – September 2019                                   7 November 2019

Interim Report   January – December 2019                                    12 February 2020

Interim Report   January – March 2020                                          28 April 2020

For further information 

For questions concerning the financial report, please contact our CFO and Director of Investor Relations Olof Stålnacke (+46 10 559 59 20).

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).

IR Coordinator: Sara Marin (+46 10 559 59 51).

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 2 May 2019, at 1:00 p.m. CET.