Adapteo Q2: Stable development in adverse market conditions
Adapteo Plc Regulatory press release 7 August 2020 at 7:30 a.m.CESTApril-June 2020 · Rental sales amounted to EUR 32.8 (32.6) million, unchanged in constant currencies. · Net sales amounted to EUR 57.8 (53.7) million. In constant currencies, net sales increased by 7%. · Comparable EBITDA was EUR 21.8 (22.4) million, down by 3%. Comparable EBITDA margin was 37.7% (41.7%). · Operating cash flow before growth capex was EUR 26.1 (21.6) million. · Growth capex was EUR 16.3 (11.5) million. · Net debt to comparable EBITDA was 4.6x. Comments from the CEO During the