Adapteo Q1: A strong start to 2021
Adapteo Plc Regulatory press release 04 May 2021 at 8:00 a.m.CEST January-March 2021 · Acquisition of Stord Innkvartering completed on 29 January 2021. · Rental sales amounted to EUR 39.0 (31.5 in Q1 2020) million. In constant currencies, rental sales increased by 20%. Organic growth (“Old Adapteo”) was 5%. · Net sales amounted to EUR 68.2 (49.1) million. In constant currencies, net sales increased by 34%. Organic growth (“Old Adapteo”) was 6%. · Comparable EBITDA was EUR 26.0 (20.4) million. Comparable EBITDA margin was 38.1% (41.6%). · Operating cash flow