Duni AB (FRA:2DU)
€ 7.66 -0.11 (-1.42%) Market Cap: 362.88 Mil Enterprise Value: 403.13 Mil PE Ratio: 18.02 PB Ratio: 1.24 GF Score: 82/100

Q4 2019 Duni AB Earnings Call Transcript

Feb 07, 2020 / 09:00AM GMT
Release Date Price: €12.78 (+1.27%)
Operator

Ladies and gentlemen, welcome to the Duni AB year-end report. Today, I am pleased to present Johan Sundelin, CEO; and Mats Lindroth, CFO. (Operator Instructions) I will now hand you over to Johan Sundelin. Sir, please go ahead.

Johan Sundelin;publ;CEO;President
Duni AB

()-&

Thank you, and good morning, everyone. Let's start immediately with the financial highlights for the last quarter of last year before I will also show you the financial highlights of the full year of 2019.

But as I said, let's start with the quarter where we see a net sales increase of about 7%, and an organic pro forma growth close to 2%. And as previous quarters, the high growth rates in sustainable packaging is the key reasons for the growth in the quarter. And we also see continued decline of the plastic assortment.

If looking more at the all produced part of the portfolio, we continue to see growth in premium napkins and declining sales in table covers.

From a more business area perspective, we continue to

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot