GARO AB (OSTO:GARO)
kr 22.45 -0.5 (-2.18%) Market Cap: 1.12 Bil Enterprise Value: 1.44 Bil PE Ratio: 0 PB Ratio: 2.03 GF Score: 60/100

Q3 2021 Garo AB Earnings Call Transcript

Nov 11, 2021 / 08:30AM GMT
Release Date Price: kr243 (+1.46%)
Operator

Hello, everyone, and welcome to the GARO Interim Report for January to September 2021. My name is Bethany, and I'll be coordinating this call for you today. (Operator Instructions) I will now hand the call over to Patrik Andersson, the CEO of GARO. Patrik, over to you, when you're ready.

Patrik Andersson;publ;President;CEO
Garo Aktiebolag

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Thank you. Good morning, and welcome, everyone, to the presentation of GARO's third quarter 2021. My name is Patrik Andersson, and I'm the CEO of GARO. And with me today, I have Helena Claesson, our CFO, to present the financial performance.

Next slide, please. I will start with an introduction of the GARO Group. GARO was founded 1939, and we have since then developed and produced innovative products and turnkey solutions for the electrical installation markets. We divide our business into 2 business areas: Sweden, which consists of our Swedish operation, and it includes also sales to other European countries that we not have own subsidies; and GARO

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