Dometic Group AB (FRA:D00)
€ 4.514 0.034 (0.76%) Market Cap: 1.45 Bil Enterprise Value: 2.60 Bil PE Ratio: 0 PB Ratio: 0.68 GF Score: 66/100
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Q1 2021 Dometic Group AB (publ) Earnings Call Transcript

Apr 23, 2021 / 08:00AM GMT
Release Date Price: €13.53 (+2.31%)
Operator

Hello, and welcome to the Dometic Q1 2021 Analyst call. (Operator Instructions) Today, I am pleased to present Juan Vargues, President and CEO; and Stefan Fristedt, CFO. Please begin your meeting.

Juan Vargues;publ;President;CEO
Dometic Group AB

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Hello. Good morning, everybody, and welcome to this presentation of the first quarterly report for 2021. And without any delays, we will move into the presentation.

I'm very happy to report a very strong quarter. If we look at the market conditions, market conditions are still very, very strong, and we expect to see that moving forward in the same way. We have an all-time high backlog as a consequence, on one side, of the high consumer demand, and on the other side, the fact that inventories used to be very, very low during the last 12 months since the pandemic broke in. We see all vertical end markets developing in a very positive way, no matter if we are talking about RV or Marine, general outdoor or residential, it looks very promising. Even

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