Solar AS (OCSE:SOLAR B)

kr 331 0 (0%) Market Cap: 2.42 Bil Enterprise Value: 3.75 Bil PE Ratio: 16.52 PB Ratio: 1.40 GF Score: 81/100

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Full Year 2019 Solar A/S Earnings Call Transcript
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Full Year 2019 Solar A/S Earnings Call Transcript

Feb 06, 2020 / 10:00AM GMT

Release Date Price: kr321 (-2.73%)

Transcript

Operator

Welcome to the Solar Annual Report 2019. (Operator Instructions) Today, I'm pleased to present CEO, Jens Andersen; and CFO, Michael Jeppesen. Speakers, please begin.

Jens E. Andersen;S;CEO

Solar A;MD of Denmark & Member of Executive Board

/- -

Thank you. First of all, a very warm welcome to the gentlemen in the room and also to those who are on the line for this fourth quarter webcast for Solar. Together with me, I have my colleague, CFO, Michael Jeppesen.

If we turn to Page 1. The agenda for today is a general business update from my side. Then Michael will present the 4Q results and also our guidance for 2020. And then finally, there will be a Q&A session.

Then we take the next page. Our core business achieved the best financial result in a decade, and almost all entities in our core business delivered a strong EBITA increase in 2019. At the same time, we generated a strong cash flow, allowing us to propose a dividend distribution of DKK 14 per share at the upcoming general meeting mid-March

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