Handicare publishes preliminary earnings for the third quarter of 2020
Today, Handicare, a global market leader in stairlifts, publishes preliminary earnings for the third quarter of 2020 due to higher profit than market expectations.The preliminary third quarter results are expected to substantially exceed market expectations as a result of the successful establishment of a more competitive cost base as well as key stairlift markets recovering significantly after a period of lockdowns. Adjusted EBITA for the third quarter is anticipated to be EUR 6.1 million which represents a margin of 11.5%, compared to EUR 3.9 million (6.5%) for the corresponding period