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Ericsson does not extend the contract with Coor

Coor's agreement with Ericsson consists of delivery of services to Ericsson’s sites in Sweden. After performed tender process, Ericsson has decided not to extend the contract when it expires August 31, 2023.

The contract value is approximately SEK 500 M annually.

Please find more information, images etc. at www.coor.com or contact:

AnnaCarin Grandin, President and CEO, Coor

+46 10 559 57 70

annacarin.grandin@coor.com

 

Andreas Engdahl, CFO and IR Director, Coor

+46 10 559 54 63

andreas.engdahl@coor.com

 

Magdalena Öhrn, Communications Director, Coor

+46 10 559 55 19

magdalena.ohrn@coor.com

 

This is information that Coor Service Management Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 19:00 CEST on 17 May 2023.

 

About Coor:

As the leading provider of facility management services, Coor aims to create the happiest, healthiest, and most prosperous workplace environments in the Nordic region. Coor offers specialist expertise in workplace services, property services and strategic advisory services. Coor creates value by executing, developing, and streamlining our customers’ service activities. This enables our customers to do what they do best.

Coor’s customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, Aibel, the Danish Building and Property Agency, DNV, DSB, Ericsson, Equinor, ICA, Karolinska University Hospital in Solna, PKA - “Danish Police, Public Prosecution Authority and Prison and Probation Service”, PostNord, Saab, Sandvik, SAS, Skanska, Telia Company, Vasakronan and Volvo Cars.

Coor was founded in 1998 and has been listed on Nasdaq Stockholm since 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com