11 March 2021
NTG Nordic Transport Group A/S (“NTG”) has today published the 2020 annual report.
“Despite the turbulence and elevated uncertainty due to COVID-19, we delivered financial results for 2020 in line with the outlook. Thanks to our hard-working and dedicated employees, we maintained a net revenue in line with 2019 while increasing operating profit before special items by more than 25%. I am pleased that we successfully managed to adapt to the new situation and safeguard profitability while simultaneously performing a complete overhaul of non-performing activities, establishing four startups, and completing three acquisitions”, says Michael Larsen, Group CEO.