Almelo, August 30, 2022
Dear bondholders,
As usual, an interim half-yearly report from Felloo Beheer BV.
Explanation of the 2021 annual accounts:
Compared to 2020, the result was lower. This largely concerns the change in administrative point of view with regard to work in progress at the level of the operating companies. This has decreased exponentially compared to the previous financial year and has been charged to the result, making this an isolated/one-off decrease in the result.
Turnover has increased by 2020% compared to 26. The gross result does not show this at first glance, but it must be taken into account that government subsidies are accounted for under the other operating income in the context of the Emergency Bridging Employment Measure (hereinafter: NOW).
Margin objectives:
Felloo once again amply achieved its first two quarterly targets in 2022.
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