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Ratos AB: Ratos company Presis Infra awarded new contracts valued at NOK 2 billion

During the first half of 2022, the Ratos company Presis Infra, which specialises in maintenance of critical infrastructure, ferry quay operations and maintenance, and rockfall protection in Norway, was award new contracts amounting to NOK 2 billion. A total of eight new contracts were signed with existing customers, with terms from 2022 to 2027. One of the contracts is a so-called green contract, where a proven ability to reduce the project's climate impact is an important factor in the procurement process, along with price and understanding of the assignment.

"We are delighted that Presis Infra's performance in the first half of 2022 was so positive. Maintenance of critical infrastructure will play an important role in the future, and Presis Infra has what it takes to succeed and the expertise to do so in a cost-efficient and sustainable manner," says Christian Johansson Gebauer, Board member of Presis Infra and President Business Area Construction & Services, Ratos.
The contracts were signed with various Norwegian municipalities and the Norwegian Public Roads Administration (NPRA), and the projects encompassed by the contracts are spread throughout Norway.
"We are proud of the confidence our client has shown in us and look forward to continuing our productive partnership. We are particularly proud to have secured the two green contracts for road operations maintenance and announced in the Norwegian market in recent years," says Eivind Iden, CEO, Presis Infra.
Performance since Ratos acquired Presis Infra
Ratos acquired 75% of Presis Infra in 2021 as a platform investment in the expansive future industry of infrastructure maintenance. Since the acquisition, the company has continued to deliver a positive performance, with sales of NOK 1,993m and EBITA of NOK 314m in the last 12 months as of the end of the first quarter of 2022.
For more information and media, please contact:
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
About Ratos
Ratos is a business group consisting of 14 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2021, the companies have approximately SEK 25 billion in net sales. Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy - everything we do is based on our core values: Simplicity, Speed in execution and It's All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.

Source: Cision
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