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Caverion Corporation’s Financial Statement Release for 1 January – 31 December 2018

Caverion Corporation’s Financial Statement Release for 1 January – 31 December 2018

Caverion Corporation’s Financial Statement Release for 1 January – 31 December 2018 Strong improvement in full-year cash flow, turnaround in profitability progressing 1 October – 31 December 2018   Revenue: EUR 587.6 (592.3) million.   Adjusted EBITDA: EUR 11.0 (-5.2) million, or 1.9 (-0.9) percent…
Caverion converts its financial targets due to IFRS 16 implementation

Caverion converts its financial targets due to IFRS 16 implementation

Caverion converts its financial targets due to IFRS 16 implementation As a result of the modified retrospective adoption of the new IFRS 16 Leases standard effective from 1 January 2019, Caverion converts its strategic financial targets to comply with the IFRS 16 accounting principles. Caverion…
New share-based long-term incentive plan for Caverion’s key employees

New share-based long-term incentive plan for Caverion’s key employees

New share-based long-term incentive plan for Caverion’s key employees Caverion's Board of Directors has approved the establishment of a new share-based long-term incentive plan for key employees of the Group. The new plan is based on a performance share plan (PSP) structure. The Board has at the…
Change in Caverion’s Group Management Board: Carsten Sørensen appointed as Head of Division Denmark

Change in Caverion’s Group Management Board: Carsten Sørensen appointed as Head of Division Denmark

Change in Caverion’s Group Management Board: Carsten Sørensen appointed as Head of Division Denmark Carsten Sørensen (born 1972) will be appointed as the Head of Caverion Division Denmark as of 1 January 2019. Carsten knows Caverion very well, as he used to work in Caverion Division Denmark-Norway…
Change in Caverion’s Group Management Board: Frank Krause appointed as Head of Division Germany

Change in Caverion’s Group Management Board: Frank Krause appointed as Head of Division Germany

Change in Caverion’s Group Management Board: Frank Krause appointed as Head of Division Germany Werner Kühn, the current Head of Caverion Division Germany, will hand over his office to Frank Krause, the current Head of Services business and Sales in Caverion Germany, at the end of the current…
Caverion Corporation’s Interim Report for 1 January – 30 September 2018

Caverion Corporation’s Interim Report for 1 January – 30 September 2018

Caverion Corporation’s Interim Report for 1 January – 30 September 2018 Results from the Fit phase of the 2020 strategy visible, strong improvement in cash flow 1 July – 30 September 2018   Revenue: EUR 524.9 (545.6) million.   Adjusted EBITDA: EUR 18.5 (18.8) million, or 3.5 (3.4) percent of…
Caverion Corporation’s Half-year Financial Report for January 1 – June 30, 2018

Caverion Corporation’s Half-year Financial Report for January 1 – June 30, 2018

Caverion Corporation’s Half-year Financial Report for January 1 – June 30, 2018 Operational improvement continues and Q2 revenue slightly higher than last year – Risk level lower going forward April 1 – June 30, 2018 Revenue: EUR 564.8 (563.3) million. Adjusted EBITDA: EUR 12.9 (4.5) million, or 2.3…
Caverion confirms the decision of the German Federal Cartel Office on the final anti-trust fine amount

Caverion confirms the decision of the German Federal Cartel Office on the final anti-trust fine amount

The Bundeskartellamt (German Federal Cartel Office) has today issued its final decision on the final amount of the anti-trust fine in the cartel case. According to the decision, the amount of the anti-trust fine for Caverion Deutschland GmbH is EUR 40.797.000. The fine will be booked as an expense…
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