Scatec ASA (LTS:0R3I)
kr 78.8 1.125 (1.45%) Market Cap: 12.59 Bil Enterprise Value: 38.91 Bil PE Ratio: 6.64 PB Ratio: 1.23 GF Score: 82/100
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Q1 2019 Scatec Solar ASA Earnings Call Transcript

Apr 26, 2019 / 06:00AM GMT
Release Date Price: kr87.73 (-5.06%)
Raymond Carlsen
Scatec Solar ASA - CEO

Good morning. I'm pleased to see you all here for our Q1 2019 report. And I'll ask you also to enjoy the photo on the screen. This is southern part of Egypt, Aswan. One of the largest or possibly the largest solar power plant in the world, 2,000 megawatts. And we have 400 megawatts, and I think some of that you see here. And this is just a small part of the desert. We have -- we can expand west to the Atlantic. So I mean, there's a lot of space for solar. Some people said that the world has not enough space for solar. Well, I think there is sufficient space to cover a lot of electricity needs in the future.

The agenda, as usual, I get the opportunity to talk a little bit about the highlights and product updates. Mikkel will take you through the numbers. And finally, I'll go through some outlook and a slight -- a small summary.

We are, as we were last quarter, on a pretty steep growth path as -- and this manifests itself in the numbers. The proportionate revenues are a bit higher than NOK 1.5 billion with an EBITDA result of NOK 315 million. We are

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