Meer dan 5.000 auto's direct uit voorraad leverbaar
Nieuwe en gebruikte auto's van 18 toonaangevende automerken
Scherp geprijsde actiemodellen kopen, leasen of financieren
Snel wegrijden zonder lange levertijden
Published: 05-03-2021 18:03
Stern Groep N.V., listed Dutch mobility group in automotive retail and services, announces its results for 2020.
Henk van der Kwast, Chief Executive Officer:
“Stern was not able to meet its operational targets during this first year of the COVID-19 pandemic, but it has used this period to implement its strategic objectives ahead of schedule, further strengthen its balance sheet and increase its cash position. Cash flow from operating activities came to € 45.5 million, a very sharp improvement on 2019. Stern’s financial position is accordingly stronger than ever. 2021 is expected to be a very different year, with further surprises and opportunities, in which personal mobility, excellent service and our own brand value will play a central role.”
Due to the sale of Heron Auto B.V. on 2 January 2020, the comparative figures for Heron Auto B.V. (the figures for 2019) have been classified as result from discontinued operations in order to facilitate a proper evaluation of the figures in this press release. The figures and numbers for 2019 in this press release have been adjusted for the purpose of comparison.
Press here for the press release dated 05 March 2021 in English