Brief: AcadeMedia Awarded New Contracts By The City Of Gothenburg

AcadeMedia AB

14/02/2020 11:17

Feb 14 (Reuters) - AcadeMedia AB  ACADE.ST :
    * ACADEMEDIA IS AWARDED NEW CONTRACTS BY THE CITY OF
GOTHENBURG
    * EXPECT THAT CONTRACTS WILL GENERATE A LOWER TURNOVER BUT
WITH
MAINTAINED MARGINS
    * TENDER WILL COME INTO EFFECT ON 25 FEBRUARY PROVIDED THAT
NO
OTHER PARTY APPEALS OUTCOME
    * CONTRACT PERIOD IS FROM 1 JULY 2020 UNTIL 30 JUNE 2024 AT
LATEST
AND INCLUDES FIFTEEN CONTRACT AREAS
    * AWARDED FRAMEWORK AGREEMENTS MEAN THAT ACADEMEDIA'S SHARE
OF
TOTAL TENDERED VOLUME WILL AMOUNT TO APPROXIMATELY 12 PERCENT
    * AS PREVIOUSLY COMMUNICATED, THESE ARE REPLACEMENT CONTACTS
FOR
ACADEMEDIA
    * AWARDED FRAMEWORK DEALS MEAN CO'S SHARE OF TOTAL TENDERED
VOLUME
WILL AMOUNT TO ABOUT 12%, DOWN FROM 20%

Source text for Eikon:  ID:nWkr9H3zhz 
Further company coverage:  ACADE.ST 

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