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Email: Vanessa Maydon

Press releases

Coor
28 April 2016

Coor Service Management Holding AB – Interim Report January – March 2016

First quarter 2016

  • Net sales increased by 1 per cent in the first quarter, to SEK 1,859 (1,848) million. Organic growth excluding foreign exchange effects was 3 per cent.
  • Adjusted EBITA was SEK 111 (100) million and the operating margin 6.0 (5.4) per cent.
  • EBIT was SEK 65 (51) million and the profit after tax SEK 34 (12) million.
  • Earnings per share were SEK 0.4 (-6.5). Adjusted for the new capital structure, earnings per share were SEK 0.4 (0.1).
  • Operating cash flow was SEK -2 (-31) million.

"Coor has begun 2016 on a strong note. The company's Swedish and Norwegian businesses are growing and improving their profitability."
Mikael Stöhr, CEO

   EARNINGS IN BRIEF, GROUP Jan - Mar Rolling Full year
(SEK m) 2016 2015 12 mth. 2015
Net sales 1,859 1,848 7,494 7,482
Organic growth, % 3 21 6 10
Adjusted EBITA 111 100 385 374
Adjusted EBITA margin, % 6.0 5.4 5.1 5.0
EBIT 65 51 96 82
Profit after tax 34 12 223 201
Operating cash flow -2 -31 303 274
Earnings per share, SEK 0.4 -6.5 - -3.6
Adjusted earnings per share, SEK 0.4 0.1 - 2.7