Adapteo Plc Regulatory press release 18 February 2021 at 7:30 a.m. CET
The fourth quarter of 2020 was characterised by a stable performance in Adapteo’s continued business and by a high activity for increasing the Group’s footprint and position in new geographies and market segments. Despite the adverse effects from covid-19, our company has gained in competitiveness and created a solid foundation for future growth. In addition to our circular business model being part of our DNA, we have sharpened our sustainability strategy and made further commitments for progress in the areas of environment, human rights, labour and anti-corruption.
In the fourth quarter, Adapteo's continued business (“Old Adapteo”) posted higher earnings than in the last quarter of 2019. This stable development has been achieved in a quarter when a global pandemic has had a significantly adverse effect on many market segments. In addition, we saw already for November and December a positive contribution from our new colleagues in the Dutch Cabin Group (DCG).
A conference call with a presentation for investors, analysts and media will be held today at 09.00 CET. The presentation will be held via tele conference and webcast by 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.
Finland: +358 981710310
Sweden: +46 856642651
UK: +44 3333000804
USA: +1 6319131422
Conference id: 13418852#
Link to webcast: https://adapteo.videosync.fi/2021-02-18-q4-report2020
For additional information, please contact
Philip Isell Lind af Hageby, CEO, +46 73 022 19 36, email@example.com
Erik Skånsberg, CFO, +46 70 264 70 35, firstname.lastname@example.org