Q3 2024 Solar A/S Earnings Call Transcript

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Oct 31, 2024

Oct 31, 2024 / 10:00AM GMT
Operator

A warm welcome to this third quarter webcast for Solar Group together with me here in bind at our headquarter. I have my colleague CFO Michael Jeppesen and our investor relationship manager, Dennis Callesen.

The agenda for today is a general business update with some highlights for Q3 presented by me. Then I will give you a short introduction to how we work with these two, which is cybersecurity but also iso 27 and one which is about data security. Last but not least, I will make a short introduction to our brand-new A I tool which we call Sula as system.

Then I will leave the word to Michael who will present our three Q3 results including a high level cash flow status. And then of course, finally, a Q&A session, if you want to take the next slide, please, as expected, all segments posted negative growth in Q3 and our revenue declined to DKK2.9 billion down from DKK3.8 billion last year.

So our adjusted organic growth amount to minus 5.3 up from 7 8% minus 7 8% in Q2 and minus 15.4 in Q1 2024 in September adjust the organic growth amount to minus 0.6%. Showing that recovery

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