Continued strong performance in uncertain times

Polygon AB (publ) - Interim report 1 January - 30 September 2020

THIRD QUARTER 2020

  • Sales grew 8.6% to EUR 187.9 million, organic growth amounted to 6.8% and acquired growth contributed 2.1%.
  • Adjusted EBITA amounted to EUR 13.8 million, an increase of 13% compared to last year.
  • Operating profit amounted to EUR 11.7 million (10.5).
  • Polygon has acquired Hiotlabs in Sweden, Aretech and Hydrotech in France, UTG in Luxembourg and Recotech in Italy.
  • For the third quarter 2020, the impact of the covid-19 outbreak has been limited for the Group.

JANUARY – SEPTEMBER  2020

  • Sales grew 11.3% to EUR 546.4 million, organic growth amounted to 7.6% and acquired growth contributed 4.4%.
  • Adjusted EBITA amounted to EUR 35.7 million, an increase of 17% compared to last year.
  • Operating profit amounted to EUR 30.7 million (24.1).
  • In March, Polygon acquired the remaining shares of Polygon A/S in Denmark.

figures q3 20.jpg

Read the full report here

For further information please contact:
Martin Hamner, CFO at Polygon
Mail: martin.hamner@polygongroup.com
Phone: +46 (0) 70 607 85 79

This information is information that Polygon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.00 CET on 9th of November 2020. For participation in investor´s call at 11.00 CET the same day, please see web page for detailed information.

 

Polygon is a Global Expert and the European market leader in Property Damage Control. On 3 continents and in 16 countries, our 4.750 service professionals prevent, control and mitigate the effects of water, fire and climate. Our innovative and tailor-made solutions combine people, knowledge and technology for a wide range of customer segments.