Interim Report Cabonline april – june 2018

Publishing date: august 23, 2018                                Regulatory

Second quarter april-june 2018 in brief:

  • Net sales amounted to SEK 1,616 million (1,520)
  • Operating profit amounted to SEK 11 million (10)
  • Profit before tax amounted to SEK -11 million (-52)
  • EBITDA before items affecting comparability amounted to SEK 94 million (72)
  • EBITDA amounted to SEK 69 million (58)
  • Cash flow for the period amounted to SEK -32 million (24)

“Cabonline continued to improve profits in the second quarter. The increase is largely explained by acquisitions during 2017 and reduced costs in Sweden, both in our taxi operation and support functions,” says Peter Viinapuu, CEO.

Read full Interim Report here

För ytterligare information, kontakta:
Peter Viinapuu
VD Cabonline
070-4205304
peter.viinapuu@cabonline.com

Cabonline Group is a leading technology and service provider for the taxi industry in the Nordics. In Sweden, Finland and Norway, around 2 700 transporters are connected with approximately 6 000 vehicles under different brands, including TaxiKurir, Sverigetaxi (former Taxi 020), TOPCAB, Taxi Skåne, NorgesTaxi, Kovanen and FixuTaxi. Through Cabonline Group, the transporters get attractive customer agreements, industry-leading technology as well as access to large scale advantages and infrastructure. Cabonline Group has a turnover of approximately 5.7 billion SEK and performs over 50,000 journeys every day.

About Us

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, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi, TOPCAB, Norgestaxi, Kovanen and Taxi 4x27. Through Cabonline, taxi firms have access to attractive customer agreements, support from industry leading technological development and utilisation of economies of scale, efficient service and a shared infrastructure. The Group has revenue of approximately SEK 6.2 billion and performs about 50,000 journeys per day. For further information, www.cabonlinegroup.com.

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