Pressmeddelanden, rapporter och bolagsmeddelande för Relais Group Oyj

Relais Group Plc released its Half-Year Financial Report for January-June 2024, highlighting strong performance and growth. Key figures include a 16% increase in net sales during Q2 2024 compared to Q2 2023, with an 8% organic growth. The group's comparable EBITA grew by 52%, reaching EUR 7.3 million. The report notes significant growth in the Technical Wholesale and Products business area, particularly in Scandinavian markets, and stable performance in the Commercial Vehicle Repair and Maintenance sector. CEO Arni Ekholm emphasized the robust market demand, successful acquisitions, and operational efficiency as drivers of growth. The company continues to seek acquisition opportunities, exemplified by the recent agreement to acquire Team Verkstad Sverige AB, enhancing its presence in the Gothenburg area. Relais Group aims to achieve a proforma comparable EBITA of EUR 50 million by the end of 2025. The outlook for the remainder of 2024 is stable, contingent on market demand and consumer purchasing power, especially in Finland. The company plans to release its next interim report on 7 November 2024 and will present its Q2 results in a webcast on 15 August 2024.