Cabonline publish Interim report for the period January to March 2020
JANUARY-MARCH · Revenue amounted to MSEK 1,410 (1,499), a decrease of 6%. Organically, revenue fell 13.8%. · Adjusted EBITA was MSEK 44 (61) and the corresponding margin was 3.1% (4.1). · Operating profit amounted to MSEK -10 (9) including items affecting comparability of MSEK -19 (-20). · Net loss for the period was MSEK -49 (-11). · Earnings per share before and after dilution were SEK -1.73 (-0.66). · Cash flow for the period was MSEK -37 (-9).OUTLOOK AND EVENTS AFTER THE REPORTING PERIOD · Cabonline Group, and its transporters, have seen a clear decrease of taxi