MENU
Menu
Share 2016-09-23 17:29 RATOS B 40.16 SEK

Bisnode

  • Magnus Silfverberg

    CEO

Bisnode is a leading European provider of decision support within business, credit and market information. The customer base is companies and organisations in Europe which use Bisnode’s services to convert data into knowledge for both dayto- day issues and major strategic decisions.

In 2015 sales amounted to SEK 3,535m and EBITA to SEK 280m. Average number of employees 2,394

Development 2016

(From Ratos's interim report January-June 2016)

  • During the first half of the year, the extensive change initiatives implemented to strengthen core operations and modernise the customer offering were accelerated. As a result, organic revenue development adjusted for currency effects amounted to -3%, mainly due to lower volumes in Sweden
  • Strategic initiatives have been implemented to strengthen the organisation, develop the offering and create profitable growth. Following the implementation of these measures, adjusted EBITA was on par with the year-earlier period. Non-recurrent costs attributable to restructuring efforts, particularly layoffs, amounted to SEK 64m (13) during the period. Further initiatives are planned
  • In order to facilitate the restructuring process, Bisnode entered into a new financing agreement in May, in conjunction with which Ratos provided SEK 175m, corresponding to its holding of 70%

Read more about Bisnode