GreenMobility lowers guidance for 2022 due to development in consumer spending
Company Announcement no. 116– 2022
Copenhagen, November 11th, 2022
GreenMobility lowers guidance for 2022 due to development in consumer spending
For the past months, GreenMobility has been monitoring changes in consumer decisions and behavior, as also referenced in the company’s Q3-2022 Trading Statement. With the continued high electricity and slowing of consumer spending, GreenMobility expects this to impact its guidance for the year.
GreenMobility has in the last month initiated an energy fee per kilometer on all trips and as well internal adjustment. However, with the continued development, this will not be sufficient and therefore the company will make the following adjustments to its 2022 guidance:
Revenue is expected to reach 95 – 100 million DKK (from previously 100-110 million DKK)
Result is expected to be negative (75 – 80) million DKK (from previously negative 60-70 million DKK)
While GreenMobility continues to stay focused and confident in its development overall, the current market situation will also bring about business adjustments. This may include possible closing or adjustment of existing loss-making markets and/or re-balancing fleet to high-revenue markets.
Contact and further information
Anders Wall, Group CFO, +45 25 40 30 20, e-mail: email@example.com
GreenMobility offers modern urbanites easy, flexible, and sustainable transport in the form of electric shared city cars. Users have access to these cars via the GreenMobility app. Trips are paid per minute, through minute packages, on a daily basis or through a subscription. Today, GreenMobility operates a total of 1,600 EVs in Copenhagen, Aarhus, Malmö, Gothenburg, Antwerp, Gent, Brussels, Helsinki, Amsterdam, Düsseldorf and Cologne. More than 200,000 people are registered as customers at GreenMobility.
Driven by global megatrends, GreenMobility sees a rapidly growing market for carsharing in large cities that demand green transport for their citizens and aim to reduce the number of private cars. GreenMobility’s ambition is to be among the leading global operators of green shared mobility solutions. GreenMobility is publicly listed for trading on the Nasdaq Main Market Copenhagen in Denmark.
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
NNIT A/S: NNIT now expects closing of infrastructure operations divestment in Q1, 20238.12.2022 09:42:19 CET | Press release
The divestment of NNIT’s infrastructure operations to funds managed by Agilitas Private Equity LLP announced on June 22, 2022 is progressing well, and is now expected to close in Q1, 2023, against the initial expectation of closing the transaction six months from announcement, cf. company announcement 9/2022. The transaction requires consent of customers of the infrastructure operation. Most customers have by now rendered their consent, however the updated timeline reflects a few customers’ internal approval processes, which we respect, as well as the pending approval processes with competition authorities and other regulatory authorities. Due to the ongoing divestment process, NNIT will not provide financial guidance for 2022 and expects to update its financial calendar regarding publishing date for annual report for 2022 and date for Annual General Meeting in 2023. Any revision to the financial calendar will be announced during January 2023. Contact for further information Carsten Ri
Alvotech Shares Start Trading on Nasdaq Iceland Main Market8.12.2022 09:30:00 CET | Press release
Listing on the Main Market can increase visibility, which may allow the company to appear in both domestic and global indexesAlvotech became first dual-listed Icelandic company in the U.S. and Iceland after market debut in June, trading under the symbol “ALVO“Robert Wessman Founder and Executive Chairman will ring the Nasdaq Iceland closing bell at 15:30 GMT on December 8, 2022 Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced that trading in its shares will move from the Nasdaq Iceland First North Growth market (“First North”) to the Nasdaq Iceland Main Market (“Main Market”), starting today December 8, 2022. The “ALVO” stock market symbol for Alvotech remains unchanged and trade on the Nasdaq U.S. stock exchange is not affected. A Main Market listing in Iceland can increase a company’s visibility and, subject to meeting certain conditions, may result in inclusion in Icelandic and
Deep Energy Capital and Eavor Technologies to build 5 geothermal projects as construction gathers pace at their first European site8.12.2022 09:00:00 CET | Press release
LONDON and DUSSELDORF, Germany and CALGARY, Alberta, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Deep Energy Capital, LLP (“Deep Energy”), an independent specialized renewable energy investment firm, and Eavor Technologies Inc. (“Eavor”), the preeminent advanced geothermal technology company, have agreed to develop, finance, construct and operate geothermal projects deploying Eavor’s advanced geothermal technology: Eavor-Loop™. Deep Energy will finance at least five projects, requiring up to €1 billion, from Eavor’s growing European and North American project pipeline. The projects will deliver continuous renewable power and heat and are expected to benefit from long-term feed-in-tariffs and fixed price off-take contracts underpinned by the growing value of resilient and local sources of clean energy. Eavor’s closed-loop geothermal systems extract heat energy from an isolated network of wellbores, akin to a deep underground radiator. Together, the five closed-loop projects are expected to genera
Changes in Bilia’s Group Management8.12.2022 09:00:00 CET | Press release
As of today, Bilia includes Carl Fredrik Ewetz in Group Management, Head of Investor Relations and M&A. Magnus Karlsson, CEO of Motorit AB, has resigned and has left the Group Management. Anna Höglund, who is currently Head of System Development at the Bilia Group’s IT company, Motorit AB, will be acting CEO of Motorit AB until a permanent solution is in place. Anna has a solid background from 11 years within Bilia where she has held various leading roles. Bilia’s Group Management consists of Per Avander, President and CEO, Stefan Nordström, Deputy CEO, Kristina Franzén, CFO, Frode Hebnes, CEO of Bilia Personbil AS, Norway, Elin Delvert, HR Director, Mathias Nilsson, CEO Bilia Personbilar AB, Anders Rydheimer, Communications Director CMO & CDO and Carl Fredrik Ewetz, Head of Investor Relations and M&A. Per Avander, Bilia's Managing director and CEO, comments: "Carl Fredrik is already working together with the Group Management, why this is not a major change but reflects a working metho
Förändringar i Bilias koncernledning8.12.2022 09:00:00 CET | Pressemelding
Bilia inkluderar från och med idag Carl Fredrik Ewetz i koncernledningen, chef Investerarrelationer och M&A. Magnus Karlsson, VD Motorit AB, har sagt upp sin anställning och lämnar koncernledningen. Anna Höglund, som idag är chef för systemutvecklingen på Biliakoncernens IT-bolag, Motorit AB, kommer att verka som tillförordnad VD för Motorit AB tills dess att en permanent lösning är på plats. Anna har en gedigen bakgrund med sina 11 år inom Biliakoncernen i vilken hon haft flera olika ledande roller. I Bilias koncernledning ingår Per Avander, VD och koncernchef, Stefan Nordström, vice VD, Kristina Franzén, CFO, Frode Hebnes, VD i Bilia Personbil AS, Norge, Elin Delvert, HR-direktör, Mathias Nilsson, VD Bilia Personbilar AB, Anders Rydheimer, Affärsutvecklings- och Kommunikationsdirektör och Carl Fredrik Ewetz, chef Investerarrelationer och M&A. Per Avander, Bilias VD och koncernchef, kommenterar: ”Carl Fredrik arbetar redan idag tillsammans med koncernledningen, varför detta inte är en