Nederman Holding AB (FRA:5QR)

€ 18.8 0.1 (0.53%) Market Cap: 661.20 Mil Enterprise Value: 810.65 Mil PE Ratio: 23.23 PB Ratio: 3.11 GF Score: 62/100

Q2 2021 Nederman Holding AB Earnings Call Transcript

Jul 15, 2021 / 08:00AM GMT

Transcript

Operator

Good morning, and welcome to the Nederman Holding Audiocast with Teleconference Q2 2021. (Operator Instructions) Today I am pleased to present CEO, Sven Kristensson; and CFO, Matthew Cusick. Please begin your meeting.

Sven Kristensson;publ;President

Nederman Holding AB;CEO & Director

()- -

Good morning, ladies and gentlemen, and welcome to the session where we are going to present Nederman Group quarter 2 2021.

Starting with a bit of a summary and some highlights. We can conclude that we have seen recovery, a continued recovery in many other markets. There are, of course, exceptions. We have seen further closedowns and lockdowns and so on. But generally speaking, we have seen a continued recovery in many markets. Not only compared with last year, which was easy to beat in comparison, but even so, we had close to 10% order intake growth compared to 2019, which was more of a normal year.

We have also been able to deliver strong profitability in 3 out of 4 division. Very good profitability in MCT and

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