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Published: 2018-07-31 15:54:18 CEST
Storent Investments
Financial Statement Release

Storent Investments AS interim report for Q2

Inside information, 2018-07-31 15:54 CEST --  

Storent was established in 2008 in Latvia with an objective to become the most efficient construction equipment rental company in Baltics and Nordic countries. Today Storent group operates in 6 countries. Annual turnover for Storent group in 2017 was 42 million euros.

In Q2 2018 Storent group rent incomes increased by 42% compared to Q1 2018 and by 15% compared to Q2 of 2017.

Baltic region operations have generated almost 10% higher rent incomes than in respective period of 2017.

Nordic operations have increased by more than 20% compared to Q2 2017. 

Since June 29 2018 AS Storent Investments bonds issued 30.06.2017 have been listed on the Nasdaq Baltic Bond List. In the future, Company hope to raise more funds on the capital markets in the form of bonds or shares to help us reach our long-term goals. Storent is dedicated already now to using best corporate governance practices and opening itself to a more diverse investor base.

 

Baiba Onkele

AS Storent Investments CFO

Mobile: + 371 29340012

E-mail: baiba.onkele@storent.com

www.storent.com


Storent Interim report 2018 Q2 ENG.pdf