03/30/2021 | Press release | Distributed by Public on 03/30/2021 02:24
The Board of Directors and CEO of Instalco AB, CIN 559015-8944, hereby present the annual report and consolidated financial statements for the 2020 financial year.
This is a translation of the original Swedish version of the annual report. In the event of any discrepancy, the Swedish wording shall prevail.
'I am very proud of how we have dealt with the pandemic, both in our sector overall and Instalco specifically. Despite the crisis, we have been able to successfully adapt, implementing our projects and assignments with the same quality and tempo as in ordinary circumstances. We have also continued delivering a very strong performance and earnings to our shareholders. Thanks to Instalco's structure, we have enormous flexibility and the ability to adapt to changes in the market situation.
I am also very proud of our new sustainability programme which was launched during the year. A key component of it is our sertification system, 'Sustainable Instalco Project', which we have developed ourselves. Sustainability certification serves as a stamp of quality for the project, customer, Instalco and our subsidiaries involved in the project. By yearend we had executed 27 Sustainable Instalco Projects. In 2021, we will continue implementing the sustainability programme throughout the Group and introducing it to both new companies and employees that join us. For each and every one of us at Instalco, sustainability is an integral part of our everyday life', says Per Sjöstrand CEO of Instalco.
Instalco Annual Report 2020