Relais' Q1 results were well in line with LSEG Data and Analytics consensus expectations, while the focus was clearly on the latest acquisitions and future opportunities in the market. The company expects to close the acquisitions of Matro and Team Verksted...

Relais reported Q1 adjusted EBITA of EUR 9.2m was down 5% y/y, in line with LSEG Data & Analytics consensus. Organic sales growth was -4% y/y in Q1, burdened by mild winter in the Nordics (we anticipated 1% growth). Net sales were EUR 82.8m (flat y/y...

Ahead of Relais Q1, we maintain our estimates intact. Against tough comps, we model 1% y/y organic growth, mainly supported by lighting, and repair and maintenance sales. Owing to warm winter weather, we expect equipment and spare part sales to decline...

Ostamalla Team Verksted Holding AS:n Relais laajentaa sen huolto- ja korjaamopalveluiden maantieteellistä peittoa sekä kasvattaa tukkutoimintojaan Norjassa. Tämä platform-yritysosto muodostaa perustan ja antaa edellytykset jatkaa pääoman uudelleenallokointia Norjan markkinalla yhtiön strategian mukaisesti.

Relais announced it will acquire Team Verksted Holding AS from Vy Buss AS, making it the largest operator of independent commercial vehicle worskshop chains in the Nordics. Team Verksted Holding AS is the parent company of its wholly owned subsidiaries...