Bittium Corp (FRA:JOT)

€ 6.98 0.02 (0.29%) Market Cap: 234.21 Mil Enterprise Value: 251.01 Mil PE Ratio: 507.69 PB Ratio: 2.15 GF Score: 77/100

Q4 2023 Bittium Oyj Earnings Call Transcript

Feb 09, 2024 / 07:00AM GMT

Release Date Price: €4.22 (-5.70%)

Transcript

Karoliina Malmi

Bittium Corporation - VP-Communications and Sustainability

Good morning, everyone, and welcome to this press conference on Bittium's full year 2023 financial results published today morning. My name is Karoliina Malmi and I will be hosting this event for you today. Those who have been able to read our report in the morning already know, last year was very challenging for us and in this conference are CEO, Johan Westermarck who will present you the financial results and give you a business update from last year. We will also talk about our updated strategy we announced October last year and how this year will look for Bittium. And of course, if you have questions, I kindly ask you to write them in the Q&A box and we will answer them all at the end of the presentation. But now I will hand over to Johan in Helsinki.

Johan Westermarck

Bittium Corporation - CEO & Chairman

So thank you Carolina. Let's start with the summary of 2023 and start with the financials. We can see that the net sales and operating results were weak and net sales in

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