Nolato AB (OSTO:NOLA B)
kr 54.45 -0.15 (-0.27%) Market Cap: 14.67 Bil Enterprise Value: 15.85 Bil PE Ratio: 25.81 PB Ratio: 2.76 GF Score: 88/100

Q1 2021 Nolato AB Earnings Call Transcript

May 04, 2021 / 01:45PM GMT
Release Date Price: kr84.9 (-0.53%)
Christer Wahlquist;publ;President;CEO
Nolato AB

()-&

Thank you, and welcome, everybody, to the presentation of Nolato's First Quarter 2021. This is Christer Wahlquist speaking. And I think that you all have our presentation in front of you. If we start on Page 2, the first quarter of 2021 was a record quarter for Nolato Group, and we did reach the strong sales and profit in our history so far. Sales amounted to more than SEK 2.6 billion, corresponding to a 22% increase in sales if we adjust for currency and acquisitions. We have -- of course, GW Plastics has been consolidated since September 1, and the integration is going according to plan.

During the quarter, we had a negative currency effect, mostly affecting the conversions. The EBITA profit increased to SEK 308 million in the first quarter in comparison to first quarter 2020, that was SEK 227 million. This is creating a margin of 11.6% for the group. So we consider that a strong margin. Cash flow during first quarter after investments are increased and improved in correspondence to last

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