Coor Service Management Holding AB (FRA:COE)
€ 4.076 0.004 (0.1%) Market Cap: 391.60 Mil Enterprise Value: 599.23 Mil PE Ratio: 24.57 PB Ratio: 3.01 GF Score: 77/100

Q2 2023 Coor Service Management Holding AB Earnings Call Transcript

Jul 14, 2023 / 08:00AM GMT
Release Date Price: €4.3 (-2.05%)
Operator

Ladies and gentlemen, welcome to the Coor Service Management Q2 Report of 2023. (Operator Instructions). Today, I am pleased to present President and CEO, AnnaCarin Grandin; and CFO and IR Director, Andreas Engdahl. Please go ahead.

AnnaCarin Grandin
Coor Service Management Holding AB - President & CEO

Welcome, and thank you for listening into Coor's Q2 report. I will start by giving a summary of our second quarter, including a market update and then continue to present our triple bottom line results. I will then hand over to Andreas to present some more details around financial performance before we sum up and have a Q&A.

Starting with some highlights from the second quarter. Within the business dimension, we continue to see high activity. In the second quarter, we have won a number of small and midsized contracts: In Sweden, a new IFM contract with Fabege; and a cleaning contract with National Agency for Education, just to mention a couple.

A stable inflow of small and midsized contracts adds up to almost SEK 200 million of new

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