SCAN BIDCO A/S PROVIDES AN UPDATE ON KEY FINANCIAL FIGURES FOR THE LAST TWELVE MONTH PERIOD ENDED ON 30 JUNE 2016
Scan Bidco A/S (the “Issuer” or the “Group”) is a Danish public limited company with registration number DK-37521043 and the parent company of Scan Global Logistics Holding ApS (“Scan Global Logistics”).
The Issuer has issued two tranches of senior secured bonds, with ISIN NO0010768062 and NO0010768070, respectively.
Further to the acquisition of Scan Global Logistics which was completed on 2 August 2016, the Issuer is hereby providing an update on certain financial information for the Group for the last twelve month period ended on 30 June 2016 (the “LTM Period”). The financial information shown below is presented on a pro forma basis as if the Company had been under ownership of the Issuer for the entire LTM Period.
DKKm | 30 June 2016 | ||
Gross revenues | 3,072.0 | ||
Adj. EBITDA | 122.6 | ||
Net interest bearing debt | 526.5 | ||
Net interest bearing debt/adj. EBITDA | 4.29x |
For more information, please contact:
Lars Olsen, Group CFO, Scan Global Logistics
Tel: +45 3248 0020, email: laol@scangl.com
About Scan Global Logistics
Scan Global Logistics is a Nordic based full-service global freight forwarding provider with nearly 800 employees working out of 42 offices in 19 countries, specialized in complex logistics solutions. SGL offers customers a wide range of global transportation and logistics supply chain solutions with a complete coverage on air, sea and overland transportation.
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