Half Year financial report
Storent Investments AS interim report for 6 month of 2019
Insider information, 2019-08-30 12:28 CEST --
Total revenue for Storent group in six months has shown small growth compared to six months in 2018 with various changes by countries. The main driver for rent incomes growth was the strong market position in Latvian and Lithuanian markets, which are the key income generating entities in Storent group.
First half of 2019 has been strong for Storent group and further through the year management will to focus on regions that didn’t show positive growth in that period. Outlook for Q3 looks positive in all countries, construction season has started and many large and mid-size projects have kicked off. In July 2019 Storent Baltics implemented innovative digital document signing solution based on Smart-ID application. This is the first-time equipment rental company in Baltics integrated such tool for easier and faster customer authorization in rental depots and on sites.
AS Storent Investments CFO
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