NCAB Group AB (OSTO:NCAB)
kr 63.8 -0.25 (-0.39%) Market Cap: 11.93 Bil Enterprise Value: 12.54 Bil PE Ratio: 42.70 PB Ratio: 8.98 GF Score: 72/100

Q2 2023 NCAB Group AB (publ) Earnings Call Transcript

Jul 21, 2023 / 08:00AM GMT
Release Date Price: kr64.85 (-11.47%)
Operator

Welcome to the NCAB Q2 presentation for 2023. (Operator Instructions)

Now I will hand the conference over to the CEO, Peter Kruk; CFO, Anders Forsen; and Head of Investor Relations, Gunilla Ohman. Please go ahead.

Peter Kruk;publ;President
NCAB Group AB;CEO & Director

()- -

Good morning, everyone. So my name is Peter Kruk, and my colleague, Anders Forsen and Gunilla Ohman, will go through today's presentation.

Starting by looking at key -- some key takeaways for the second quarter. We have seen generally weaker markets in all of our regions. Net sales and order intake are decreasing, mainly because of lower pricing, but also inventory normalization with our customers. We can see Nordic and European regions performing slightly stronger. And you also have pockets markets like EV charging markets and Aerospace & Defense that continue to perform well.

Despite the lower top line, we have developed an improved result with higher margins and good profitability. So we've been able to offset

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot