Schouw & Co AS (FRA:5RF)
€ 77.6 0.5 (0.65%) Market Cap: 1.80 Bil Enterprise Value: 2.72 Bil PE Ratio: 13.49 PB Ratio: 1.27 GF Score: 87/100

Q1 2020 Schouw & Co A/S Earnings Call Transcript

May 07, 2020 / 12:00PM GMT
Operator

Ladies and gentlemen, welcome to the Schouw & Co. Full Q1 2020 report. Today, I'm pleased to present the CEO, Jens Bjerg Sorensen. (Operator Instructions) Speaker, please begin.

Jens Bjerg SÃ;rensen
Aktieselskabet Schouw & Co. - President, CEO & Member of Management Board

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Thank you very much, and welcome to everyone to the presentation of our Q1 report. Q1 was, for us, as expected, strong and delivered well in line with our long-term strategy. We did not see any significant impact from the global corona crisis in Q1. However, it feels a bit strange to spend time on looking back when even the near future is uncertain and changed. But we will do it, and our revenue was up by 3% to DKK 4.8 billion. The continued strong development in BioMar gave good revenue. We also experienced lower raw material prices, which had a negative revenue effect in Fibertex Personal Care. Our EBITDA increased 8% to DKK 434 million. Here, we saw very strong development in both BioMar and Fibertex Nonwovens. Whereas Borg Automotive, they really had a negative

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