A more focused Falck continues turnaround and improves profitability
The company continued to restore profitability by reducing complexity, improving efficiency and implementing global operating models. However, reported profitability was significantly impacted by clean-up activities caused by the turnaround.
Falck renews ambulance contracts in Southern California
Care Ambulance, a company in the Falck Group, has recently renewed ambulance contracts with the cities of Westminster, Fullerton and Costa Mesa in Orange County, California.
Falck implementing global operating models to restore margin after further decline in 2017
Highlights of Falck’s financial results for 2017:
Revenue was flat at DKK 15,227 million (2016: DKK 15,109m). Operating profit (EBITA) was DKK 2 million (2016: DKK 758m) for an EBITA margin of 0% (2016: 5.0%). EBITA was negatively impacted by DKK 344 million in write-downs on accounts receivable in its US Ambulance business and on the carrying amount of its customer management system in Assist