Cabonline Group Year End Report 2017

Cabonline Group Holding AB (publ) (”Cabonline” or “the Company”) today announces its consolidated results for the period January to December 2017.

Comments from the CEO:

“Cabonline completed the year well with a very strong improvement in profitability during the quarter as compared with the corresponding period in 2016. This is the result of systematic streamlining efforts. And it provides a good foundation for the continued work of developing and implementing our strategy going forward.”

Financial highlights for the fourth quarter:

  •  Net sales amounted to SEK 1,560 million (1,531) 
  •  EBITDA before non-recurring items amounted to SEK 98 million (56) 
  •  EBITDA amounted to SEK 80 million (31) 
  •  Operating profit amounted to SEK 27 million (-20) 
  •  Profit before tax amounted to SEK 4 million (-51) 
  •  Cash flow for the period amounted to SEK 44 million (-24) 

The report is available at

For additional information contact:

Peter Viinapuu, CEO Cabonline Group tel. +46 76 641 1006

Olof Fransson, CFO Cabonline Group tel. +46 70 517 2022

This information is information that Cabonline Group Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication on February 28, 2018

About Cabonline Group

Cabonline Group and is one of Europe’s leading technology and service providers to the taxi and transportation industry. In Sweden and Norway around 3,500 transporters with approximately 7,000 vehicles are connected to us under different brands such as TaxiKurir, Norgestaxi, TOPCAB, Taxi Skåne and Sverigetaxi. Through Cabonline Group, the transporters get access to attractive customer contracts, leading technology platforms as well as access to scale advantages and infrastructure. Cabonline Group has yearly net revenue of around SEK 5.7 billion and handles approximately 60,000 trips per day. Ixat Intressenter AB (publ) is the parent company of Cabonline Group. On 12 June 2017 Cabonline Group Holding AB (publ) issued SEK 1,550 million senior secured bonds. 


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