Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
Relais Group is an importer and wholesaler for the automotive industry. The group focuses mainly on the development of automotive electronic equipment for trucks. Examples of products that the company supplies include lighting products, applications for warning lights, camera systems, and other spare parts for heavy vehicles. The largest operations are found in the Nordic and Baltic markets, with customers in the aftermarket industry.
Relais' Q3 adjusted EBITA of EUR 11.5m was 5% above Modular Finance consensus. Organic sales growth was 2% y/y. In Norway, the removal of temporary fuel price subsidies had a negative impact in September, while the company has been able to manage the...
Relais Q3 adjusted EBITA of EUR 11.5m was up 5% y/y and came 5% above Modular Finance consensus of EUR 11m. Organic sales growth was 2% y/y in Q3 (Nordea +4%). Net sales were EUR 111m (+10% y/y), 1% below consensus. Products and Solutions missed our ...
Ahead of Relais' Q3 results, we take a more cautious near-term view, given the changes in fuel prices in the Nordics and the ongoing organic ramp-up measures that could continue to affect profitability. We note changes in Norwegian diesel taxation and...
Relais announced today that Joonas Mäkipeska has been appointed as a new CFO, starting no later than February 2027. Current interim CFO Sebastian Seppänen continues as interim CFO until then and will thereafter remain a member of the group management...
