Falck delivered solid Q1 results
Revenue in Falck increased 2.3% and operating profit improved.
Revenue in Falck increased 2.3% and operating profit improved.
Lower activity levels led to a decrease in revenue and operating profit. A range of cost saving initiatives had the desired effect, and profitability was restored at the end of the year. Operationally, Falck delivered a strong performance.
Falck continues as supplier of emergency medical services in the Central Denmark Region when the present tender period expires in November 2021. Today, Falck won three out of three tendered lots in competition with two other private suppliers. Falck will provide more than 40 ambulances to the Region.
Falck’s financial performance improved in the third quarter of 2020. Efficiency measures taken in June 2020 and lower start-up costs in the Ambulance business led to improved profitability and an EBITA margin of 6.6%. Operationally, Falck delivered a strong performance in all markets, supporting national healthcare systems under pressure.
Falck will make manned drones an integral part of its fire and emergency medical services. Before 2025, the first citizens will be met by paramedics flying in drones. The technology is rapidly evolving. Next phase will be to gain concrete experience of how drones may be used in specific situations and to adjust legislation to allow drones to become part of everyday life.
Falck is making the use of face masks mandatory in the company's global ambulance and healthcare business. Thus, both employees, patients and users now must cover their mouths and noses at all times when interacting with staff in ambulances and patient transports.
Falck is delighted to announce that we have won an International Design Excellence Award (IDEA) for our Global Innovation Strategy, which will set the direction for our future innovation projects.
With effect from 1 January 2021, Falck has been awarded the fire contracts with Trekantområdets Fire Brigade and ETK Fire and Rescue.
From 1 February 2021, Falck will provide ambulance services in the Görlitz district of Saxony. Thus, Falck will provide ambulance services in seven of the state's 11 emergency districts, including the cities of Dresden and Leipzig. With the new contract, Falck will operate approximately every fifth ambulance in Saxony.
Today, leading emergency response and healthcare company Falck released its financial results for the second quarter of 2020.
Falck reports the results from the first antibody test of employees in Denmark and Sweden. The object of the research project is to gain knowledge of how the virus spreads in order to asses which measures to take to protect healthcare employees and the surrounding society.
Falck Fire Services UK is delighted to announce that it has commenced delivery of industrial firefighting, medical response, high quality fire engineering consultancy and security services at the INEOS Nitriles Seal Sands Site from 1 June 2020.
For more than a century, Falck has worked with local and national governments to prevent accidents, diseases and emergency situations, to rescue and assist people in emergencies quickly and competently and to rehabilitate people after illness or injury. This has made Falck an international leader in emergency response and healthcare services.
Falck operates in 30 countries and has approximately 27,000 employees.
Sydhavnsgade 18
2450 Copenhagen SV
Denmark