Duni AB (OTCPK:DUNNF)
$ 10.28 0 (0%) Market Cap: 381.36 Mil Enterprise Value: 425.48 Mil PE Ratio: 18.02 PB Ratio: 1.24 GF Score: 84/100

Q1 2019 Duni AB Earnings Call Transcript

Apr 24, 2019 / 07:00AM GMT
Release Date Price: $12.4
Operator

Welcome to the Duni AB interim report January to March. (Operator Instructions)

(technical difficulty)

Johan Sundelin;publ;CEO;President
Duni AB

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(technical difficulty)

Pro forma figures. And the reason that we're introducing this is that we have recently acquired some companies with very high growth, and we want that organic growth that they are now generating to be reflected in the overall growth number of Duni, which we feel is the most transparent way of communicating our organic growth. In the past, that has not been the case since we have that quite confidence with very similar growth numbers to Duni.

So if we now look at this organic pro forma growth, we see that it is on the level of 3%, so significantly above the historical 1% level. The growth here is driven mainly through the very high growth rate in sustainable packaging but also through continued high growth rates in our premium napkins.

If we then have a look at the operating income which has increased

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