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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Q3 2023 CTEK AB (publ) Earnings Call Transcript

Nov 15, 2023 / 08:00AM GMT
Release Date Price: €1.65 (-1.49%)
Henrik Fagrenius
CTEK AB - CEO

Very much operator, and a warm welcome to the today's presentation. My name is Henrik Fagrenius and this is my first presentation with CTEK. For those who do not know me, just a brief background. I have been working previously of Scania with mainly international sales; then as CEO for Leax, a sub-supplier to automotive industry; and most recently before joining CTEK, I was President EMEA for Dometic. But since September 1, I'm here at CTEK. With me today, I also have Thom Mathisen, CFO of CTEK.

So before we dig into the results of Q3, I want to just introduce CTEK and what we do. We have mainly two technologies within CTEK, it's our low-voltage, our heritage; and we have EVSE, EV charging. We are currently in different customer segments, consumer, which is mainly 12-volt charging, both for combustion engines, but there is also 12-volt battery in EV cars.

Professional is more to workshop than we have client brand, where we have long-standing relations with the main premium car manufacturers and integrated solutions could be ambulances, caravans, et cetera.

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