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

Q1 2022 Schouw & Co A/S Earnings Call Transcript

May 05, 2022 / 01:30PM GMT
Release Date Price: kr520 (-1.89%)
Jens Bjerg Sorensen
Aktieselskabet Schouw & Co. - President, CEO & Member of Management Board

Hello, everyone. Welcome to the presentation of Schouw & Company's Q1 report. I will do the presentation, and then after this presentation, there will be Q&As, and I will instruct you later on how to do the Q&A session.

2022 Q1 was a quarter that suddenly became very turbulent for Schouw & Company. We saw a huge impact from the Russia and Ukraine conflict, uncertainty in general increased and it has been really challenging for all our companies and organizations around the world. But still activity continued to be at a very high level across all our companies. Our order book is still strong. In fact, we have an all-time high order book as we speak.

Revenue for the group was up 28% to DKK 6.3 billion, impacted by higher volume and of course, also a huge effect from increasing raw material prices. Our EBITDA was down 24% to DKK 364 million. However, looking at what we call the underlying profitability, then we saw it as very speed goods. We had a lots of negative effect

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