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

Q2 2024 Garo AB Earnings Call Transcript

Aug 16, 2024 / 07:30AM GMT
Release Date Price: kr25.25 (-2.13%)
Patrik Andersson
Garo AB - President, Chief Executive Officer

Welcome, everyone, to the presentation of GARO'S Q2 report 2024. 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. We will, as usual, start with an introduction of the company; after that, the Q2 report and outlook; and in the end of the presentation, comments on the press release we launched this morning. So let's start with an introduction.

GARO is a company founded in 1939 that develops and manufacture and sell innovative products and systems for electrical installation under own brand in the European markets. Developing products that are in the forefront has always been a significant aspect of our success.

Our focus is in developing user-friendly and safe product with a modern design and long service life. There is market demand for product and solutions to assist in establishing a fossil-free society, in which a growing number of players are becoming conscious to the sustainable impact. This makes

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