Zaptec ASA (FRA:6I4)
€ 0.9105 0.001 (0.11%) Market Cap: 79.62 Mil Enterprise Value: 88.69 Mil PE Ratio: 0 PB Ratio: 1.39 GF Score: 74/100
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Q2 2024 Zaptec ASA Earnings Call Transcript

Aug 21, 2024 / 06:00AM GMT
Release Date Price: €1.02 (+15.78%)
Kurt Ostrem
Zaptec ASA - Chief Executive Officer, Director

Welcome to this presentation of the second quarter financial results for Zaptec. My name is Kurt Ãstrem. I am the CEO in Zaptec. Together with me this morning, I have the CFO, Eirik Hærem. And together, we will walk you through the figures and the highlights for the last quarter.

During the second quarter, we achieved several milestones, which support our European growth ambition. We have got into a strategic cooperation with Polestar across Europe. We have announced a new product, the Zaptec Go 2. This will unlock EU markets. And we have got into a pan-European contract with Spirii with a value of EUR23 million. We will come back to this milestone more in detail later on.

In a really challenging market, we're very proud of what we have performed when it comes to financial performance. I think you have to know how weak the EV market have been in the last quarter. And you also have to know about what our competitor performed to see how strong this financial result is for Zaptec in this quarter as we had a significantly improved

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