Handicare announces preliminary financial results for the fourth quarter 2020 and an outlook for 2021
As a result of Savaria Corporation ("Savaria") today having announced a public cash offer for Handicare Group AB (“Handicare” or the “Company”), Handicare announces certain preliminary financial information in respect of the fourth quarter 2020 and an outlook for 2021.Revenues for the quarter are anticipated at EUR 59.2 million, compared to EUR 58.5[[1]] million for the corresponding period in 2019 resulting in an organic growth of 5.6% (currency adjusted). Revenues in Handicare’s key focus area, Accessibility, is anticipated at EUR 43.8 million, compared to EUR 40.2 million for the