Schouw & Co AS (LTS:0O0N)
kr 580.5 0 (0%) Market Cap: 13.41 Bil Enterprise Value: 20.31 Bil PE Ratio: 13.49 PB Ratio: 1.27 GF Score: 85/100

Q3 2021 Schouw & Co A/S Earnings Call Transcript

Nov 11, 2021 / 02:30PM GMT
Release Date Price: kr609 (-4.32%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Schouw & Co. Conference Call 2021 Q3 Report Conference Call. (Operator Instructions)

I would now like to turn the conference over to Mr. Jens Bjerg Sørensen, CEO. Please go ahead.

Jens Bjerg Sorensen
Aktieselskabet Schouw & Co. - President, CEO & Member of Management Board

Thank you very much, and welcome to the presentation of our Q3 report.

Overall, Q3 turned out to be a really challenging quarter, but we still saw a high demand in most of our segments. We continue to have strong market positions and customer relations was confirmed. We had a huge negative impact from raw material prices and costs that unexpected continue to increase at a very high pace during the quarter. We expect the present market volatility to continue well into 2022. Revenue was up 14% to DKK 6.9 billion. However, EBITDA was reduced 9% to DKK 614 million. Our results from associated companies increased with DKK 80 million to DKK 36 million. Main effect was coming

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