Nobina confirms financial targets at CMD


A deeper insight into the Nobina market, business model and financial
development was the main focus at the company’s capital markets day, held on
June 1, at the World Trade Center in Stockholm. Nobina also confirmed that the
financial targets remain unchanged.
The capital markets day started with a presentation by Nobina’s CEO Ragnar
Norbäck who, together with Nobina’s country managers, gave a deeper insight into
the public transport market in the Nordic area.

The Nobina business model was described in more depth by Jan Bosaeus, MD of
Nobina Sweden, and Anna Jonasson, head of operational support, who elaborated on
the success factors behind contract management and fleet management.

CFO Per Skärgård gave a presentation on Nobina’s financial development and an
analysis of how the P/L, balance sheet and cash flow could be influenced based
on three financing methods, where it was pointed out that the currently used
method, financial leasing, is the most favourable. Mr Skärgård also pointed out
that the proportion of independent financiers in Nobina’s leasing portfolio has
increased from 5 to 18 per cent.

”We have better access to financing and better terms after the listing at Nasdaq
Stockholm and also since we redeemed our bonds. With a leasing portfolio of
about 4.7 billion SEK it is of course of importance to reduce interest costs on
new financing”, said Per Skärgård.

The day was concluded by Ragnar Norbäck, CEO, confirming that the financial
targets remain unchanged.

”We have had several years of growth, improved profitability and strong cash
flows. This was achieved thanks to our business model and our focus on quality
and efficiency in every detail. I look forward to a continued successful journey
together with our employees, clients, travelers and shareholders”, says Ragnar
Norbäck.

Nobina AB (publ) discloses the information provided herein pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 6 p.m. CET on June 1, 2016.
For more information, please contact:
Annika Molander, Communications director at Nobina AB, phone +46 733 55 06 16
Ingrid Håkanson, Head of IR at Nobina AB, phone: + 46 08 410 650 51
Per Skärgård, CFO Nobina AB, phone +46 8 410 650 56
About Nobina

Nobina is the largest and most experienced public bus transport service provider
in the Nordic region. The Company’s expertise in prospecting, tendering and
active management of public bus transport contracts in combination with long
-term delivery quality makes Nobina an industry leader in terms of
profitability, development and initiatives that promote a healthier industry.
Every day, Nobina ensures that more than one million people arrive at work,
school or other activities by delivering contracted public bus transport
services in Sweden, Norway, Finland and Denmark. In addition, Nobina offers
express bus services under the Swebus brand in the Swedish market. Nobina has
approximately 10,000 employees and net sales of more than SEK 8 billion
(2015/16). The headquarter is located in Solna, Stockholm. For more information,
visit: www.nobina.com.

Pièces jointes

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