Adapteo Plc Regulatory press release 04 May 2021 at 8:00 a.m.CEST
Comments from the CEO
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.
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.
A conference call with a presentation for investors, analysts and media will be held today at 09.00 CEST. The presentation will be held via teleconference and webcast by Adapteo´s President and CEO Philip Isell Lind af Hageby and CFO Erik Skånsberg.
The session will start with a presentation, followed by a Q&A session and will be held in English. A recorded version will be available after the conference at www.adapteogroup.com under Investors.
Link to webcast: https://adapteo.videosync.fi/2021-05-04-q1_2021
Dial in numbers to conference call:
Finland: +358 981 710 310
Sweden: +46 856 642 651
UK: +44 333 300 0804
USA: +1 631 913 1422
Conference id: 13418852#
For additional information, please contact
Jesse Räisänen, Vice President, Treasury & Investor relations, +358 45 175 56 88, firstname.lastname@example.org
Erik Skånsberg, CFO, +46 702 647 035, email@example.com