From the first quarter of 2021 and onwards, Stillfront will start reporting on its organic growth, excluding differences in currency exchange rates. The KPI reflects the growth of the business excluding acquisitions acquired in the past twelve months. Stillfront will provide an update on the full reporting structure at the latest in connection with its report for the first quarter of 2021, which will be published on May 5, 2021.
As a result of the inclusion of the new KPI in its financial reporting, Stillfront today reports that the organic growth rate in local currency for the group amounted to 12 percent for the fourth quarter of 2020, compared to the same period previous year, and 16 percent for the full-year 2020, compared to the full-year 2019.
Stillfront Group announced its interim results for October-December 2020 on 17 February, 2021, at 7:00 a.m. CET.