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4th of May 2021

Adapteo Q1: A strong start to 2021

We have had a good start to 2021 with most of our markets seeing higher volumes than a year ago. We have done several upgrades and improvements to our offering, with Adapteo now being better equipped than ever to offer improved sustainable solutions to our customers and to a society which is ever more aware of the importance of circular business models. A significant milestone was reached during the quarter with the order for the Fehmarn Belt FLC village, the largest order in the company’s history.

Philip Isell Lind af Hageby

Some market segments are still affected by the ongoing pandemic. However, we have compensated for the impact by focusing on segments where demand is higher, resulting in year-on-year growth. Rental sales for “Old Adapteo” increased by 5% compared to Q1 2020. The inclusion of our acquisitions of Dutch Cabin Group and Stord Innkvartering also had a positive impact on year-on-year earnings and create a solid foundation for future growth.

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