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7th of August 2020

Adapteo's CEO Philip Isell Lind af Hageby comments on the Half Yearly Report 2020

"Despite the Covid-19 pandemic adversely impacting our business, we are delivering a steady performance in the second quarter with a +7% Net sales growth in constant currencies, driven by a satisfying sales development in Business Area Permanent Space and our Assembly and other service operations. Rental sales came in on par with last year supported by our long contracts, strong market positions, and robust business model showing resilience. Our businesses in Sweden, Finland and Germany demonstrated steady performances during the quarter with strengthened market positions.

We continue to stay disciplined to the execution of our Commercial Excellence program – built on commercial offering optimization, pricing excellence, sales force effectiveness and brand equity growth – which is now paying off through strengthened market shares.”

Stable development in adverse market conditions

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