St\u00f6lting Service Group GmbH remains optimistic even in times of crisis and recognises further growth potential within its core businesses of security, cleaning and personnel services, even during the coronavirus crisis.<\/p>\n
In the first quarter of 2020, the company's revenue (from the same period in 2019) increased by \u00a311.1 million from \u00a358.2 million to \u00a364.6 million gross. Earnings from \u201eordinary business activities\u201c also showed an increase of \u00a311.9 million compared to the previous year.<\/p>\n
Managing Partner Hans Mosbacher on the situation in the market environment:<\/strong><\/p>\n \u201eIn addition to the global suffering caused by the coronavirus among the population, we are currently also in a very difficult economic situation. In our estimation, many companies \u2013 from a wide range of industries \u2013 will not survive this crisis. In our industry, too, there are companies that are already suffering enormous economic losses and are clearly feeling the consequences of the coronavirus crisis.
\nThanks in large part to the dedicated efforts of our employees, we have not only succeeded in maintaining our market position, but also in expanding it further.<\/p>\n