Coor Service Management Holding AB – Interim Report January – March 2016

First quarter 2016

  · Net sales increased by 1 per cent in the first quarter, to SEK 1,859 (1,848)
million. Organic growth excluding foreign exchange effects was 3 per cent.
  · Adjusted EBITA was SEK 111 (100) million and the operating margin 6.0 (5.4)
per cent.
  · EBIT was SEK 65 (51) million and the profit after tax SEK 34 (12) million.
  · Earnings per share were SEK 0.4 (-6.5). Adjusted for the new capital
structure, earnings per share were SEK 0.4 (0.1).
  · Operating cash flow was SEK -2 (-31) million.

"Coor has begun 2016 on a strong note. The company’s Swedish and Norwegian
businesses are growing and improving their profitability."
Mikael Stöhr, CEO

   EARNINGS IN BRIEF, GROUP        Jan – Mar       Rolling     Full year
(SEK m)                           2016   2015      12 mth.       2015
Net sales                         1,859  1,848      7,494        7,482
Organic growth, %                   3     21          6           10
Adjusted EBITA                     111    100        385          374
Adjusted EBITA margin, %           6.0    5.4        5.1          5.0
EBIT                               65     51         96           82
Profit after tax                   34     12         223          201
Operating cash flow                -2     -31        303          274
Earnings per share, SEK            0.4   -6.5         -          -3.6
Adjusted earnings per share, SEK   0.4    0.1         -           2.7

Invitation to press and analyst presentation
On 28 April at 13:30 CET the company’s CEO and CFO will give a briefing on
developments in the first quar-ter in a webcast. To participate in the webcast,
please register in advance of the meeting using the following link
http://edge.media-server.com/m/p/vi3nrddj. To listen to the briefing by
telephone, please dial +46 8 566 425 09 (Sweden), +47 23 50 02 54 (Norway), +45
35 44 55 75 (Denmark), +358 981 710 493 (Finland) or +44 203 008 98 08 (UK).

The presentation material and a recording of the webcast will be published on
the company’s website, www.coor.com/Investors/Reports-and-publications/, after
the briefing.


The information is disclosed pursuant to the Swedish Financial Instruments
Trading Act. The information was submitted for publication on April 28, 2016, at
13:00 CET.

Please find
more
information,
images etc.
at
www.coor.com
or contact
Thomas        IR, Coor Service    +46     thomas.backteman@coor.com
Backteman     Management          70 831
                                  11 66
Olof          CFO, Coor Service   +46     olof.stalnacke@coor.com
Stålnacke     Management          10 559
                                  59 20
Mikael Stöhr  CEO, Coor Service   +46     mikael.stohr@coor.com
              Management          10 559
                                  59 35
Åsvor         Communications and  +46     asvor.brynnel@coor.com
Brynnel       Sustainability      10 559
              Manager,            54 04
              Coor Service
              Management

Coor Service Management (Coor) is a leading provider of facility management
services in the Nordics, focusing on integrated and complex service undertakings
(IFM). Coor offers specialist expertise in workplace services (soft FM),
property services (hard FM) and strategic advisory services for development of
customers’ service activities. Coor creates value by executing, leading,
developing and streamlining its customers’ service activities, ensuring that
they provide optimal support to the core business over time. Coor’s customer
base includes many large and small companies and public-sector organisations
across the Nordic region, including AB Volvo, Aibel, Det Norske Veritas, E.ON,
Ericsson, EY, ICA, NCC, Politiet (Danish Police), Saab, Sandvik, SAS, Skanska,
Statoil, Telia, Swedish Transport Administration, Vasakronan and Volvo Cars.
Coor was founded in 1998 and is listed on Nasdaq Stockholm since 2015. At March,
31, 2016, the company had 6,100 employees based mainly in Sweden, Denmark,
Norway and Finland, and annual sales of SEK 7,50 million. Coor takes
responsibility for the operations it conducts, in relation to its customers,
employees and shareholders, as well as for its wider impact on society and the
environment. Read more at www.coor.com