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

Q3 2024 Nederman Holding AB Earnings Call Transcript

Oct 22, 2024 / 08:00AM GMT

Release Date Price: €21.05 (-5.82%)

Transcript

Sven Kristensson

Nederman Holding AB - President, Chief Executive Officer, Director

Thank you, and good morning, everyone. We are here to present the Nederman group Q3 in 2024. The headline we have had; High level of activity and good orders received, especially in 3 out of 4 divisions. If we look at some of the highlights, we have continued investments in a more challenging market. We have a continued strong focus on operational efficiency and a high rate of innovation. The operational efficiency, we'll see. We have now taken over the new manufacturing and logistic sites in Helsingborg, and they are moving in, and it will take a few months more. We have also taken the first part of the Thomasville with (inaudible), now. In the in the duct and filter, we are continuing to build further warehousing and manufacturing for the heavy-duty side of it. We had a very good inauguration ceremony in Chesterfield, US, close to Detroit for RoboVent, where we also now have the possibility to work in a more efficient way. We have also launched a number of new products and systems, so what we see is that we are advancing

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