Ambu AS (OTCPK:AMBFF)
$ 19.9 -0.6 (-2.93%) Market Cap: 4.14 Bil Enterprise Value: 4.14 Bil PE Ratio: 125.00 PB Ratio: 5.24 GF Score: 97/100

Q4 2023 Ambu A/S Earnings Call Transcript

Nov 08, 2023 / 10:00AM GMT
Release Date Price: $10.7 (+7.97%)
Britt Meelby Jensen;S;CEO
Ambu A

/-

Good morning, everyone, and a warm welcome to this morning's call where we are going to announce our full year '22, '23 financial and business results for Ambu. My name is Britt Meelby Jensen. I'm the CEO of Ambu. And with me today, I have our CFO, Thomas Frederik Schmidt. The agenda for this morning's call is that I'll go through a business update. First, I'll hand over to Thomas for a financial update, and then I'll come back and share our outlook for '23/'24. And then after that, we'll open up the floor for questions.

So starting with our highlights. Overall, we had a very strong year in '22, '23 with a lot of progress on many fronts. Highlighting the 3 main financial results, starting with the organic revenue growth, where we had, for the full year, 7.6% organic revenue growth and for the fourth quarter, an organic revenue growth of 14.1%. If we compare with what we delivered last year, this is almost a doubling of our organic revenue growth compared to the 4% last year.

Then moving on to our EBIT margin before

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