Scandi Standard AB (LTS:0QVR)
kr 82 0 (0%) Market Cap: 5.37 Bil Enterprise Value: 7.17 Bil PE Ratio: 19.03 PB Ratio: 2.13 GF Score: 68/100
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Q2 2019 Scandi Standard AB (publ) Earnings Call Transcript

Aug 21, 2019 / 06:30AM GMT
Release Date Price: kr66.7 (+7.75%)
Operator

Ladies and gentlemen, welcome to the Scandi Standard interim report for the second quarter 2019. My name is Charlotte, and I'll be coordinating your call today. (Operator Instructions)

I will now hand over to your host, Leif Bergvall Hansen, to begin. Leif, please go ahead.

Leif Bergvall Hansen;publ;CEO
Scandi Standard AB;President & MD

()- -

Thank you. Good morning, everybody, and welcome to our second quarter interim report. It's a quarter where we delivered strong growth, strong growth in both sales, earnings and in cash flow. We came out with a revenue growth of 10%, driven by price and also increased yield of value-added items. We increased EBIT with 24%. The biggest contributor there were our product mix improvement. 57% increase in earnings per share. We delivered a strong operating cash flow, and 16% return on equity.

If you are flipping page, we have a breakdown of the 10% top line growth, 6% being underlying revenue growth, driven by a strong performance, both within the Chilled Ready-to

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