Borregaard ASA (LTS:0QB7)

kr 203.45 2.8 (1.4%) Market Cap: 20.30 Bil Enterprise Value: 22.47 Bil PE Ratio: 25.41 PB Ratio: 4.14 GF Score: 93/100

Q1 2024 Borregaard ASA Earnings Call Transcript

Apr 24, 2024 / 06:30AM GMT

Release Date Price: kr189.1 (-1.36%)

Transcript

Per SÃ;rlie

Borregaard ASA - President, CEO

¸ -

Good morning, and welcome to this first quarter 2024 presentation for Borregaard. My name is Per SÃ¸rlie. I'm the CEO of the company, and I'll be joined this morning by our CFO, Per Bjarne Lyngstad, and we will take you through an agenda where we can point to the highlights for the quarter, with the market situation for the business segments. We have announced a new environmental investment. And I will also go over the outlook for the rest of the year. Per Bjarne will then come back and talk about the financial figures in more detail.

Before we start the presentation, I just want to remind you that you can submit questions throughout this webcast, if you're watching it live, and at the end of the presentation, we will come back and try to answer some of those questions.

The highlights for the first quarter. EBITDA came in at NOK442 million, up from NOK435 million in the same quarter last year. Very strong result in BioSolutions where we had both an improvement in the result, but also a strong improvement in the sales volume.

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