Relais Group Plc: Audited consolidated financial statements as of and for the year ended 31 December 2021 under International Financial Reporting Standards (“IFRS")
Relais Group Plc
Stock Exchange Release 29 November 2022 at 9.00 a.m. EET
Relais Group Plc ("Relais" or the "Company") has on 24 November 2022 announced that it has submitted a listing application to Nasdaq Helsinki Ltd ("Nasdaq Helsinki") for the listing of the Company's shares on the official list of Nasdaq Helsinki (the "Listing"). In connection with the Listing, the Company has prepared under International Financial Reporting Standards ("IFRS") audited consolidated financial statements as of and for the year ended 31 December 2021 including also unaudited comparative financial information as of and for the year ended 31 December 2020, which the Company publishes by way of this stock exchange release. The Listing is conditional on Nasdaq Helsinki approving the Company's listing application and the Financial Supervisory Authority approving the listing prospectus to be drawn up in connection with the Listing. Trading in the shares is expected to commence on the official list of Nasdaq Helsinki approximately on 1 December 2022.
The audited IFRS consolidated financial statements 2021 are available on Relais Group’s website at https://relais.fi/en/investors/materials/reports-and-presentations/ and as an attachment to this release.
Relais Group Plc
Board of Directors
Further information:
Arni Ekholm, CEO
Phone: +358 40 760 3323
E-mail: arni.ekholm@relais.fi
Relais Group’s certified advisor is Evli Plc.
Phone: +358 40 579 6210
Relais Group
Relais Group is a leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We have a sector focus in vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own.
We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies.
Our net sales in 2021 was EUR 237.8 (2020: 128.9) million. During 2021, we completed a total of six acquisitions. We employ approximately 1,000 professionals in six different countries. The Relais Group share is listed on Nasdaq Helsinki Ltd’s Nasdaq First North Growth Market Finland with the stock symbol RELAIS.