Karnov Group AB (OSTO:KAR)

kr 81 0.4 (0.5%) Market Cap: 8.74 Bil Enterprise Value: 11.21 Bil PE Ratio: 3,504.35 PB Ratio: 3.71 GF Score: 68/100

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Q3 2022 Karnov Group AB (publ) Earnings Call Transcript

Nov 09, 2022 / 08:00AM GMT

Release Date Price: kr58.1 (-1.69%)

Transcript

Operator

Good morning, and welcome to the Karnov Group Q3 2022 Earnings Call. (Operator Instructions) Please note that this event is being recorded.

I would now like to turn the conference over to Chief Executive Officer, Pontus Bodelsson. Please go ahead, sir.

Pontus Bodelsson;publ;CEO;President

Karnov Group AB

()-&

Thank you. Welcome, everyone, to Karnov Group's earnings conference where we will present the outcome of the third quarter of 2022.

Please go to Slide 2. I am Pontus Bodelsson, President and CEO of the company. With me, I have our CFO, Jonas Olin; and our Head of Investor Relations, Erik Berggren. Jonas and I will present the outcome of the third quarter using a few slides, and then we'll open up for questions. With that said, let's get started with the presentation.

Please go to Slide 3. We are satisfied with the outcome of the third quarter. Karnov Group's net sales grew by 18%, of which 13% was organic growth. This was due to strong sales on all our markets. Online sales

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