Adapteo Q3: Resilient sales and earnings
Adapteo Plc Regulatory press release 2 November 2020 at 7:30 a.m. CET
July-September 2020
· Rental sales amounted to EUR 32.7 (31.8 in July-September 2019) million, an increase by 3% in constant currencies. · Net sales amounted to EUR 59.1 (60.1) million. In constant currencies, net sales decreased by 1%. · Comparable EBITDA was EUR 21.9 (23.1) million, down by 5%. Comparable EBITDA margin was 37.0% (38.4%). · Operating cash flow before growth capex was EUR 11.5 (0.5) million. · Growth capex was EUR 10.5 (2.5) million.
Comments from the CEO
In the