Scandi Standard AB (OSTO:SCST)
kr 82.2 0.1 (0.12%) Market Cap: 5.37 Bil Enterprise Value: 7.17 Bil PE Ratio: 19.15 PB Ratio: 2.14 GF Score: 70/100
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Q2 2020 Scandi Standard AB (publ) Earnings Call Transcript

Aug 26, 2020 / 06:30AM GMT
Release Date Price: kr72 (+6.67%)
Operator

Ladies and gentlemen, welcome to the Scandi Standard Interim Report for the Second Quarter 2020 Webcast. My name is Ruby, and I will be your moderator for today's webcast. (Operator Instructions) I will now hand over to your host, Leif Bergvall Hansen, to begin. Leif, please go ahead.

Leif Stig Hansen;publ;CEO
Scandi Standard AB;President & MD

()- -

Thank you. Good morning, everybody. Welcome back from your holiday. On the front page, you see how that we delivered strong organic growth over several years. And this quarter, we have got a more stable development due to the COVID-19 impact. You also here see a stable EBITDA margin over time. And in this quarter, we deliver a very strong margin.

All in all, due to the COVID-19, we see a strong shift from Foodservice to Retail. Retail's share is up about 10 percentage points, so representing about 70% of business. Foodservice is down about 6 percentage points of the total business, representing about 15%. Also good to see that we are, during the end of this

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