Relais Group Plc publishes comparative financial information for 1 January 2020-30 June 2021
Relais Group Plc
Company release, 2 November 2021 at 8:50 a.m. EET
As previously announced, Relais Group Plc will transfer to report its financial results on quarterly basis and as a part of the transition publishes selected comparative financial information from the period 1 January 2020-30 June 2021 in the pdf file attached to this release.
- Quarterly and cumulative consolidated income statement
- Quarterly consolidated balance sheet
- Cumulative consolidated cash flow statement by quarter
- Cumulative key figures by quarter
Of the aforementioned information, previously unpublished are the data concerning quarter-ends 31.3.2020, 30.9.2020 and 31.3.2021. Comparative financial information is unaudited.
Acquisitions affecting comparability
Between 1 January 2020-30 June 2021 the Group has completed five financially significant acquisitions that affect the comparability of the reported figures. The acquired companies and their consolidation dates are as follows:
|Company||Holding%||Acquired||Balance sheet consolidation date||Income statement consolidation date|
|SEC Scandinavia A/S||70||16 Jan 2020||1 Jan 2020||1 Jan 2020|
|TD Tunga Delar Sverige AB||95.25||6 Feb 2020||31 Jan 2020||1 Feb 2020|
|Strands Group AB||100||14 Dec 2020||1 Jan 2021||1 Jan 2021|
|Raskone Oy||100||29 Jan 2021||31 Jan 2021||1 Feb 2021|
|Lumise Oy/Optisell Oy||100||31 Mar 2021||31 Mar 2021||1 Apr 2021|
Relais Group’s Interim Management Statement 1 January-30 September will be published on 4 November 2021 at 9:00 a.m. EET.
Relais Group Plc
Board of Directors
For further information, please contact:
CEO Arni Ekholm
Telephone: +358 40 760 3323
Evli Bank Plc
Telephone: +358 40 579 6210
Nasdaq Helsinki Ltd
Financial Supervisory Authority
About Relais Group Plc:
Relais Group is the leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We are an industrial operator with 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 2020 was EUR 128.9 (2019: 98.9) million and we employed almost 300 professionals in six different countries. During 2021, we have already completed three acquisitions. The combined net sales of the acquired companies total to almost EUR 92 million. Following the acquisitions, we employ approximately 850 professionals. Our share is listed on Nasdaq Helsinki Ltd.’s Nasdaq First North Growth Market Finland with the stock symbol RELAIS.