Subjects: Economy, Finance
Falck’s resilience tested by COVID-19
Today, leading emergency response and healthcare company Falck released its financial results for the first quarter of 2020. The financial impact of the COVID-19 outbreak put pressure on revenue and operating profit. After seven consecutive quarters of improved profitability, both items declined in the first quarter of 2020.
Falck improves profitability and re-invests in new business
Today, leading emergency response and healthcare company Falck released its financial results for the fourth quarter and the full year of 2019. Financial performance improved for the seventh consecutive quarter with revenue growth of 2.4% and an improvement in reported operating profit of DKK 100 million.
Falck completes financial turnaround
Today, leading emergency response and healthcare company Falck released its financial results for Q3 2019. With improved performance for six consecutive quarters, Falck completes its two-year financial turnaround. The company moves from a state of critical need for turning around its business financially to a phase where stabilising its business and winning new customers take centre stage.
Falck improves profitability across all business units while making up for past conduct
Today, leading emergency response and healthcare company Falck released its financial results for Q2 2019. For the fifth quarter in a row, Falck improves underlying profitability, regaining strength while making up for past conduct.
Falck improves profitability and cash flow – accelerates cultural turnaround
Today, leading emergency response and healthcare company Falck released its financial results for Q1 2019 and announced a comprehensive self-cleaning programme, Clear.
In turnaround year, Falck improved profitability and reduced debt by DKK 460 million
eading emergency response and healthcare company, Falck released its financial results for 2018 today. The overall financial position was strengthened through improved profits, strong cash generation and reduced debt levels, while customer satisfaction ratings were kept high and new business was won.
Allan Søgaard Larsen to step down as CEO of Falck
The board of directors of Falck A/S today entered into an agreement with Chief Executive Officer Allan Søgaard Larsen that he will step down as CEO of Falck.
Falck and Verisure announce a strengthening of their security offerings
Falck and Verisure today announce that they have entered into transactions to launch a new sales cooperation for monitored alarm services to families and small business owners in Denmark and Norway. As part of the cooperation, Verisure is acquiring Falck’s alarm customer portfolio and certain other operational assets in Denmark and Norway.
Growth for Falck in Brazil
Falck Fire & Safety do Brasil SA has just signed a 3-year contract for airport rescue and firefighting services (ARFFS) to the Belo Horizonte International Airport with the option to extend the contract for one more year.
Falck acquires leading private ambulance company in Malaysia
By acquiring First Ambulance, Falck forms a strong partnership with an experienced local player to establish a platform for the expansion of an emergency medical services business throughout Malaysia.
Substantial growth in Falck – but severely affected by the crisis in the oil and gas industry
While Falck successfully increased revenue and strengthened its position in Europe and on the North and Latin American markets, the crisis in the global oil and gas industry affected Falck so harshly that the Group realised a loss of DKK 523 million for 2015 compared with a profit of DKK 218 million for 2014.
Falck expands to Lithuania
Falck has acquired the Lithuanian assistance company Atlas Assistance. “Another great step in our strategy”, says CEO Bo Uggerhoj, Falck Assistance
Falck wins contract to provide fire and rescue services at Bodo Airport in Norway
Falck will be providing fire and rescue services at the airport of Bodø, Norway, from August.
Falck acquires Australian emergency response company Deanmac
Falck has completed the 100% acquisition of an Australian eastern states emergency response company, Deanmac Emergency Services Pty Ltd.
Falck has entered the Swiss Emergency-market
Falck has partnered up with the Swiss Emergency Medical Services (EMS) company Käch AG, which is the extracted Emergency Medical Services-business from Heinrich Käch AG. In addition, Falck has partnered with the company MoPi.ch, a provider of qualified transport services to hospitals in the Swiss canton Bern.
Falck expands in the US
Within just six month, Falck won new ambulance contracts in Orange County, Salem and Aurora. The contracts represent a significant growth for Falck in the US.
Falck expands within emergency services in Finland
As of today, Falck is the majority shareholder in one of the two largest emergency providers in the Finnish market.
New Public-Private Partnership in the Netherlands
Falck Fire Services and the Dutch public fire brigade plan to cooperate in a special Public-Private Partnership in the Netherlands.
Falck wins a large tender for ambulance services in Spain
Beginning in the next few months, people living and travelling in the area around Barcelona will get help from ambulances and rescue officers bearing the red-white Falck logo if they have an accident or fall ill.
Falck significantly strengthened its international position in 2014
In 2014, Falck successfully took further steps towards its goal of becoming a global provider of services assisting people in emergency situations and preventing and mitigating the effects of illness and accidents. Falck significantly strengthened its position on the most important markets in Europe, Latin America and the United States, winning several major new and repeat contracts.