Ratos company Presis Infra secures new contracts amounting to NOK 2.3 billion in the first half of 2023
During the first half of 2023, Ratos company Presis Infra, which specialises in the maintenance of critical infrastructure including ferry quay operation and maintenance, and rockfall protection in Norway and Sweden, was awarded new contracts amounting to NOK 2.3 billion. The contracts were signed with existing customers and with terms from 2023 to 2028.
“We are delighted that Presis Infra’s performance in the first half of 2023 was so positive. Maintenance of critical infrastructure will play an important role in the future, and Presis Infra has what it takes to succeed and the expertise to do so in a cost-efficient and sustainable manner,” says Christian Johansson Gebauer, Board member of Presis Infra and President Business Area Construction & Services, Ratos.
The contracts were signed with Norwegian municipalities, the Norwegian Public Roads Administration (NPRA) and the Swedish Transport Administration, and the projects encompassed by the contracts are spread throughout Norway and Sweden.
“We are proud of the confidence our client has shown in us and look forward to continuing our productive partnership. We are especially proud that we have significantly increased our market share in Norway while also securing two contracts in Sweden, which is a new market for us,” says Eivind Iden, CEO, Presis Infra.
Performance since Ratos acquired Presis Infra in 2021
Ratos acquired 75% of Presis Infra in 2021 as a platform investment in the expansive future industry of infrastructure maintenance. Since the acquisition, the company has continued to deliver a positive performance, with sales of NOK 2,344m in the last 12 months as of the end of the first quarter of 2023.
For more information and media, please contact:
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
About Ratos
Ratos is a business group consisting of 16 companies divided into three business areas: Construction & Services, Consumer and Industry. The companies have approximately SEK 32 billion in net sales (LTM). Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.
Tags: