Cabonline releases updated company presentation
Cabonline Group Holding AB (publ) (the "Company") releases a company presentation including updated cash balance as well as trip volume performance.
The company presentation is enclosed to this press release and published on the Company’s website on June 30, 2020. The presentation includes an update of the cash balance and trip volume performance compared to the balance and performance set out in previous company presentations as of May 4. Cabonline’s CFO Anneli Lindblom is available for any questions from analysts and media.
For further information, please contact:
Anneli Lindblom, CFO, tel. +46 76 593 84 00
Cabonline is the leading taxi company in the Nordic region with 3,000 connected taxi firms and approximately 5,700 vehicles in Sweden, Norway, Finland and Denmark. Cabonline contains a series of well-known brands, such as TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi and Taxi 4x27. Through Cabonline, taxi firms have access to attractive customer agreements, support from industry-leading technological development and utilization of economies of scale, efficient service and a shared infrastructure. The Group has revenue of approximately SEK 6.5 billion and performs about 45,000 journeys per day. For further information: www.cabonlinegroup.com.