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2017-02-01

Coor: Coor extends a Nordic IFM-agreement with SAS

Coor has signed a renewed agreement with SAS (Scandinavian Airlines)
with an estimated contract value of some SEK 1 bn. In the agreement,
SAS shows continued confidence in Coor to deliver integrated FM
services (IFM) to several offices, hangars and technical facilities
in Sweden, Norway and Denmark for a further six years.

SAS is the Nordics' leading airline company. The extended IFM
agreement means that Coor will coordinate, develop and deliver a
large number of FM services to SAS, including property maintenance,
cleaning and security. The agreement spans six years, with fixed
annual subscription volumes estimated at some SEK 160 m. Variable
project volumes are additional.

"SAS is an important customer to Coor, who we've worked with since
2008, and we're delighted to be able to continue the collaboration
for a further six years. The key to a satisfied customer lies in our
ability to understand and continuously adapt our operations according
to our customer's changing needs. In this case, we sought ways to
further develop our partnership and increase transparency. We're now
looking forward to the task of continuing to renew and improve our
delivery alongside SAS", commented Mikael Stöhr, President and CEO at
Coor.

One of the new services being introduced is improved delivery
follow-up. Using clear key performance indicators will allow SAS to
monitor progress and compare different national markets and locations
in Coor's Performance Portal, a digital follow-up tool.

"We've worked alongside Coor for eight years, and are now taking a
further step towards a closer partnership. Besides balanced quality
and price considerations, an effective and close collaboration based
on trust and transparency is of great important to us," commented
Bjørn Frivold, Head of Facility Management at SAS Group.

For more information, images etc., please visit www.coor.se or
contact:

Mikael Stöhr, President and CEO at Coor, + 46 10 559 59 62,
mikael.stohr@coor.com

AnnaCarin Grandin, President of Coor in Sweden, +46 10 559 59 57 70,
annacarin.grandin@coor.com

Åsvor Brynnel, Communications and Sustainability Director at Coor, +46
10 559 54 04, asvor.brynnel@coor.com

This information is information that Coor Service Management Holding
AB is obliged to make public pursuant to the EU Market Abuse
Regulation. The information was submitted for publication, through
the agency of the contact person set out above, at 08:00 CET on
February 1, 2017.

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http://news.cision.com/coor/r/coor-extends-a-nordic-ifm-agreement-with-s...
http://mb.cision.com/Main/8962/2177807/622001.pdf

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