Elkem ASA (OSTO:ELKo)

kr 17.55 0 (0%) Market Cap: 10.82 Bil Enterprise Value: 22.49 Bil PE Ratio: 213.25 PB Ratio: 0.42 GF Score: 67/100

Q2 2022 Elkem ASA Earnings Call Transcript

Jul 19, 2022 / 09:00AM GMT

Release Date Price: kr36.66 (+13.71%)

Transcript

Odd;Geir Lyngstad

Elkem ASA - VP of Finance & IR

Welcome to Elkem's Results Presentation for the Second Quarter 2022. My name is Odd-Geir Lyngstad, and I'm responsible for Investor Relations.

Today's presenters are CEO, Helge Aasen; and CFO, Morten Viga. CEO, Helge Aasen, will take us through the business update and the outlook for the third quarter. CFO, Morten Viga, will present the financials for the second quarter. We will take questions after Helge and Morten's presentations.

And with that, I hand over to CEO, Helge Aasen.

Helge Aasen

Elkem ASA - CEO

Thank you, Odd-Geir. It's a pleasure to be here, presenting another record result for Elkem. The result for the second quarter was yet another all-time high and Elkem's seventh consecutive quarter with improved EBITDA results. The strong results were again largely explained by high sales prices and were particularly driven by Silicon Products. Also, Carbon Solutions presented strong results and had their highest operating income and EBITDA ever. The strong performance

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