TKH Group NV (XAMS:TWEKA)
€ 37.98 -0.18 (-0.47%) Market Cap: 1.51 Bil Enterprise Value: 2.18 Bil PE Ratio: 12.88 PB Ratio: 1.81 GF Score: 83/100
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Q2 2024 TKH Group NV Earnings Call Transcript

Aug 13, 2024 / 08:00AM GMT
Release Date Price: €36.62 (-5.42%)
J.M. Alexander van der Lof
TKH Group NV - Chairman of the Executive Board, Chief Executive Officer

Good morning, everyone. Warm welcome here in the Okura Hotel where we have the presentation of our half year results. Also a warm welcome to everyone in the webcast. Yes, we have seen that we were not able to meet the estimates.

But before I go into that, I'd like to refer to the cautionary note regarding the forward-looking statements. I hope you have time to read quickly through that, and then I can move to the next slide.

Yes, as I already mentioned, not meeting completely the estimates, but I believe we are really well positioned with the result we achieved in the second quarter, a very big improvement compared to the first quarter. And what is even more important, we are really well positioned for the second half year and beyond the second half year with the strategic progress that we have achieved.

EBITA, 32% higher than the EBIT of the first quarter. We had about a 6.6% organic increase compared to the first quarter. And if we look at the organic increase compared to last

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