Crayon Group Holding ASA (CHIX:CRAYNo)
kr 110.75 0 (0%) Market Cap: 11.02 Bil Enterprise Value: 13.11 Bil PE Ratio: 83.67 PB Ratio: 3.81 GF Score: 76/100
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Q2 2024 Crayon Group Holding ASA Earnings Call Transcript

Aug 29, 2024 / 06:30AM GMT
Release Date Price: kr121.25
Kjell Arne Hansen
Crayon Group Holding ASA - Head, Investor Relations

Good morning and welcome to Crayon's second quarter results presentation. My name is Kjell Arne Hansen and I'm the Head of Investor Relations. With me today, presenting the key developments and financial results for the quarter, we have our CEO, Melissa Mulholland; and our CFO, Brede Huser. (Event Instructions). A recording of the webcast will be available on our IR pages after the live event has ended.

And with that, I hand it over to Melissa.

Melissa Mulholland
Crayon Group Holding ASA - Chief Executive Officer

Thank you for joining our Q2 presentation. I am very pleased to present a strong set of results for the quarter. Starting with gross profit, we delivered a solid 13% growth in an overall slow market. We continue to see strong demand for our services as customers modernize and expand their IT infrastructure.

Secondly, as we have communicated, we have put a lot of focus on improving profitability, and I'm happy to see this materializing. Our reported EBITDA grew

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