CTEK AB (OSTO:CTEK)
kr 17.68 0.08 (0.45%) Market Cap: 1.24 Bil Enterprise Value: 1.53 Bil PE Ratio: 0 PB Ratio: 1.68 GF Score: 64/100

Q2 2024 CTEK AB (publ) Earnings Call Transcript

Aug 09, 2024 / 07:00AM GMT
Release Date Price: kr22.25 (+12.83%)
Henrik Fagrenius;publ;President and Chief Executive Offier
CTEK AB

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Thank you very much. And welcome, everybody, to today's call. Today's presenter is me, Henrik Fagrenius, and I also have Thom Mathisen, CFO at CTEK.

Just a brief description of CTEK for the new participants. We are -- we were founded by inventor Bengt Wahlqvist 25 years ago in Vikmanshyttan in Dalarna. We are developing, designing, and testing all our products in Sweden, and we have research centers in Vikmanshyttan, Sweden; Norrköping, Sweden; and Shenzhen, China. We have mainly two technologies, which one is EVSE, that is chargers for electrical cars and hybrids, and low voltage, which is mainly 12 volts up to 48 volts chargers to some different segments.

Last year, we did a slight reorganization, and we have now two divisions. One is called professional, where we serve our big B2B customers, both client brand for low voltage and EVSE for big parking operators and others. And then, we have our consumer segment where we sell to consumers and to retailers.

So let's talk

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