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

Q1 2024 Duni AB Earnings Call Transcript

Apr 24, 2024 / 08:00AM GMT

Release Date Price: €8.73 (-7.52%)

Transcript

Operator

Hello and welcome to the Duni Group first quarter interim report conference call. (Operator Instructions) Please note this call is being recorded.

Now I would like to pass the call over to Robert. Please begin.

Robert Dackeskog

Duni AB - President, Chief Executive Officer

Thank you. Yeah, Hi and welcome to Duni Group interim report for Q1 2024. The headline for the quarter is a stronger operating income and strategically niched acquisitions. Moving into the agenda, will run through some highlights the market outlook, a summary of the total group for Q1, and then we're moving into more details into the business areas and then innovations and also looking at our sustainability targets and then a deep dive into the financials. And then we have a summary and then a Q&A in the end.

So if we move into the highlights, three things here improved operating income being the highest first quarter measured. Gross profit increased by 11.2% compared to the same period previous year and continued expansion into food packaging with strategic niched

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