Relais announced yesterday that its long-term CEO, Arni Ekholm, will retire on March 31, 2026.

CEO Arni Ekholm has decided to retire on March 2026. The company has initiated the search for a new CEO. Mr. Ekholm has been the CEO of the company since 2015 and will support the new CEO during the transition period. During Mr. Ekholm tenure, Relais...

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...

With the acquisition of Team Verksted Holding AS, Relais expands its geographical coverage of repair and maintenance services and increases its wholesale activities in Norway. This platform acquisition will provide the basis and conditions to continue to reallocate capital in the Norwegian market in line with the company's strategy.

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...