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Q1 2021 Schouw & Co A/S Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. I'm Haley, your Chorus Call operator. Welcome, and thank you for joining the Schouw & Co. Conference Call 2021 Q1 report. (Operator Instructions) And I would now like to turn the conference over to Mr. Jens Bjerg Sørensen, CEO. Please go ahead.
Thank you very much for the kind introduction and also from our side, welcome to this presentation. Overall, we had a very satisfactory quarter. Our revenue was up 2% to DKK 4.9 billion. General, we experienced a lot better activity during the quarter than expected. We saw strong demand from many of our markets and segments. At group level, EBITDA increased 12% to DKK 486 million. In general, we saw very strong margin development, and we were more or less able to offset pressure from what we call exploding raw materials around the world. Cash flow from our operations affected by strong end of 2020. We had a CapEx during the quarter of DKK 130 million, but we have also
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