Aug 15, 2024 / 01:30PM GMT
Jens Bjerg Soerensen - Schouw & Co A/S-President - Chief Executive Officer
Welcome to the presentation of Schouw & Company's Q2 '24 financials. We, overall, had a very satisfying second quarter in spite of volatility and tough competition, it really continues. And in more, all markets we are in the world. Our top line was down 5% to DKK8.7 billion. Here, we saw a negative impact from raw materials and also from a lower activity level in some of our segments.
Our EBITDA was, however, up 11% to DKK737 million. It was driven by a very strong development in BioMar, and I think also it was very satisfying that we -- in spite of the tough competition and tough markets -- managed to increase margins across the board. We have a very strong focus on delivering our results. Our investment level in 2024 have really been adjusted. It's a year of consolidation, so we have invested quite significantly lower than the previous years.
We are also running profit protection plans in all our companies to offset more soft and volatile markets. We have a
Q2 2024 Schouw & Co A/S Earnings Call Transcript
Aug 15, 2024
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