CTEK AB (FRA:1F7)
€ 1.044 0.16 (14.87%) Market Cap: 90.21 Mil Enterprise Value: 117.51 Mil PE Ratio: 89.63 PB Ratio: 1.35 GF Score: 66/100
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Q4 2023 CTEK AB (publ) Earnings Call Transcript

Feb 07, 2024 / 08:00AM GMT
Release Date Price: €1.75 (+8.34%)
Henrik Fagrenius;publ;CEO
CTEK AB

()-

Operator and good morning to all of you. And welcome to the Q4 results earnings report from CTEK. As mentioned, today's presenter will be myself, CEO of the company, Henrik Fagrenius; and our CFO, Thom Mathisen.

Before we dig into our figures, I would like to just present CTEK. We have mainly two technologies. EVSE, which is our charger for electrical vehicles. And our low voltage segments, which is chargers for a low-voltage batteries in passenger cars both electric and ICE. We're also having professional chargers for workshops and client brand and integrated solutions.

As we communicated last quarter, we have changed our organization. And we have combined the former OE and ENF into one new division called professional. They are mainly focused on sales to B2B customers. And we see the synergies in market sales and development. It's mainly the same product platforms. And then we have renamed our old aftermarket division to consumer, which is a more relevant term for what we're doing there.

But let's talk

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