Interim Report, January – June 2016 Coor Service Management Holding AB

Second quarter of 2016

  · Net sales increased by 7 per cent in the second quarter, to SEK 1,905
(1,786) million. Organic growth ex-cluding foreign exchange effects was 10 per
cent.
  · Adjusted EBITA increased by 28 per cent to SEK 114 (88) million and
operating margin expanded to 6.0 (5.0) per cent.
  · EBIT was SEK 66 (-42) million and the profit after tax SEK 35 (128) million.
The significant change in the profit after tax compared with the previous year
is due to a sizeable positive tax effect in the second quarter of the previous
year.
  · Earnings per share were SEK 0.4 (-1.8).
  · Operating cash flow was SEK 156 (45) million.

First half of 2016

  · Net sales for the six-month period increased by 4 per cent to SEK 3,764
(3,634) million. Organic growth excluding foreign exchange effects was 6 per
cent.
  · Adjusted EBITA increased by 19 per cent to SEK 224 (188) million and
operating margin expanded to 6.0 (5.2) per cent.
  · EBIT was SEK 131 (9) million and the profit after tax SEK 69 (140) million.
  · Earnings per share were SEK 0.7 (-7.7).
  · Operating cash flow was SEK 154 (14) million.

"Coor delivers strong organic growth and margin improvements in the second
quarter of the year."
Mikael Stöhr, President and CEO of Coor

GROUP EARNINGS SUMMARY       Apr - Jun     Jan - Jun    Rolling  Full year
(MSEK)                       2016   2015   2016   2015   12 mån         2015
Net sales                   1,905  1,786  3,764  3,634    7,612        7,482
Organic growth, %              10      9      6     14        6           10
Adjusted EBITA                114     88    224    188      410          374
Adjusted EBITA-marginal, %    6.0    5.0    6.0    5.2      5.4          5.0
EBIT                           66    -42    131      9      204           82
Profit after tax               35    128     69    140      130          201
Operating cash flow           156     45    154     14      414          274
Earnings per share, SEK       0,4   -1,8    0,7   -7,7      1,4         -3,6

Invitation to press and analyst presentation
On 19 July, at 9 a.m. CET, the company’s President and CFO will give a
presentation on developments in the second quarter 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/m7d4pt3w. To listen to the presentation by
telephone, dial +46 8 566 425 08 (Sweden), +47 23 50 02 52 (Norway), +45 35 44
55 76 (Denmark), +358,981,710,492 (Finland) or +44 203 008 98 16 (UK).

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

More information and contact
For questions concerning the financial report, please contact Olof Stålnacke,
CFO and IR Manager (+46 10 559 59 20, olof.stalnacke@coor.com).

For other questions concerning the operations or the company, please contact CEO
Mikael Stöhr (+46 10 559 59 35, mikael.stohr@coor.com) or Communications- and
Sustainability Manager Åsvor Brynnel (+46 10 559 54 04, asvor.brynnel@coor.com).
IR Coordinator: Sara Marin (+46 10 559 59 51, sara.marin@coor.com).

More information is also available on our website: www.coor.com.

This information is information that Coor Service Management Holding AB (publ)
is required to make public under the EU Market Abuse Regulation and the Swedish
Securities Markets Act. The information was submitted for publication, through
the above-mentioned contact person, at 7:30 a.m. CET on 19 July 2016.

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 June,
30, 2016, the company had 6,300 employ-ees based mainly in Sweden, Denmark,
Norway and Finland, and annual sales of SEK 7,600 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