OX2 AB (CHIX:OX2s)

kr 59.1 0 (0%) Market Cap: 15.92 Bil Enterprise Value: 12.92 Bil PE Ratio: 34.20 PB Ratio: 3.67 GF Score: 71/100

Q1 2024 OX2 AB (publ) Earnings Call Transcript

Apr 25, 2024 / 08:00AM GMT

Release Date Price: kr47.16

Transcript

Paul Stormoen;publ;Chief Executive Officer

OX2 AB

()-

Good morning, everyone, and welcome to OX2's Q1 2024 report. My name is Paul CEO, and I'm here with Johan, CFO, and we'll take you through the current business state. The agenda is as follows, highlights and portfolio updates, we'll go through the financial review with Johan, and then I'll have some comments on the market outlook before we have ample time for Q&A in the end.

So today, you will hear our main message, which is that we are making good progress towards our 2024 targets. We've had a volatile quarter in the past. And also this year has been a fairly volatile quarter based on the non-sales of new assets and no handing over either.

However, we will take time today to talk about the 2 gigawatt of projects we have in sales that gives us good visibility towards 2024 targets. We see strong fundamentals driving the demand, and this is all kind of giving us the visibility we need to reiterate our '24 targets.

In addition, we want to comment on that. We do have a strong financial

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