va-Q-tec AG (XTER:VQT)

€ 26 0 (0%) Market Cap: 383.32 Mil Enterprise Value: 447.67 Mil PE Ratio: 0 PB Ratio: 8.58 GF Score: 58/100

Q3 2022 va Q tec AG Earnings Call Transcript

Nov 10, 2022 / NTS GMT

Release Date Price: €13.12 (-0.61%)

Transcript

Joachim Kuhn

va-Q-tec AG - Founder, CEO & Chairman of the Management Board

Good morning, everybody. My name is Joachim Kuhn, CEO and Founder of va-Q-tec. With me today is our CFO, Stefan DÃ¶hmen, who will guide you a bit later through the 9-month '22 financials. Our presentation today consists of 2 main parts, our highlights of the first 9 months '22 and then following -- followed by a Q&A session afterwards.

So we are, overall, very satisfied with the development we have seen in 9 months '22. Please go to Slide 2. We delivered a healthy set of numbers in a very challenging macro environment. We have summarized the most important messages on Slide 2, named va-Q-tec with significant growth in 9 months '22.

First, revenue. We delivered a continued solid performance with revenue growth of 12% to EUR 82.1 million, coming from EUR 73.4 million in the previous year. Second, with a plus of 24%, our service business showed a very strong performance and stood out of our 3 business lines. Third, we also want to point out the continued good growth in the overall TempChain chain business,

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