JOST Werke SE (XTER:JST)
€ 44.25 1 (2.31%) Market Cap: 661.56 Mil Enterprise Value: 822.50 Mil PE Ratio: 18.06 PB Ratio: 1.68 GF Score: 78/100

Q4 2023 Jost Werke SE Earnings Call Transcript

Mar 26, 2024 / 10:00AM GMT
Release Date Price: €47.4 (-1.15%)
Joachim Dürr
Jost Werke SE - CEO

PYes. Very good morning from Neu-Isenburg, and a warm welcome to our investor and analyst call for the full year results 2023. 2023 has been a good year for JOST. And therefore, I'm happy to share with you some strategic insights and also some financial highlights. Let's start with the strategic highlights of last year.

JOST was able to expand its product portfolio through M&A acquisitions as well as own R&D activities. We have expanded our geographical footprint through a greenfield investment in India, and M&As in Brazil and Finland, mainly in the area of our agricultural business.

We've signed new OEM customer contracts in transport and in agriculture as well as in construction and that will enable us to boost mid-term growth. We further improved our carbon footprint reduction to support our customers' requests, but also to mitigate climate change, and we find that a very important topic also for our internal purposes, not only for the customer purposes. And we have group-wide gains in production efficiency paired with product portfolio

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