Elanders AB (LTS:0JBY)
kr 89 0 (0%) Market Cap: 3.10 Bil Enterprise Value: 12.06 Bil PE Ratio: 10.75 PB Ratio: 0.80 GF Score: 79/100
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Q3 2024 Elanders AB Earnings Call Transcript

Oct 18, 2024 / 01:00PM GMT
Release Date Price: kr93.3
Operator

Welcome to the Elanders AB conference call. My name is Allen, and I will be your coordinator for today's event. Please note this call is being recorded. (Operator Instructions)

I will now hand you over to your host, Magnus Nilsson, to begin today's conference. Thank you.

Magnus Nilsson
Elanders AB - President, Chief Executive Officer, Member of the Board

Thank you, Allen. Welcome, everyone, to Elanders conference call. And together with me here, I also have Asa Vilsson, Elanders' CFO. And now I will go to our presentation, and I will go directly to slide number 5, look at the third quarter. And you can see in the third quarter that demand continued to improve, like you also could see in the second quarter.

And we could also see that several of our customer segments continues to improve, and the improvement was mainly in Europe and Asia. But North America, that has very high exposure towards fashion continues to remain weak. But all in all, this resulted in an organic growth of 3.9% for the group. And if you look at our adjusted EBITA result,

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