Schouw & Co AS (FRA:5RF)
€ 73.2 0.1 (0.14%) Market Cap: 1.69 Bil Enterprise Value: 2.50 Bil PE Ratio: 13.49 PB Ratio: 1.18 GF Score: 87/100

Full Year 2019 Schouw & Co A/S Earnings Call Transcript

Mar 06, 2020 / 08:00AM GMT
Operator

Ladies and gentlemen, welcome to the Schouw & Co. Full Year Report 2019. Today, I am pleased to present CEO, Jens Bjerg Sørensen. (Operator Instructions)

I will now hand you over to Jens Bjerg Sørensen. Please begin.

Jens Bjerg SÃ;rensen
Aktieselskabet Schouw & Co. - President, CEO & Member of Management Board

¸ -

Thank you and good morning to everyone. Welcome to presentation of our 2019 annual report.

2019 was a good and strong year for Schouw & Co, and we are very satisfied with our results. We experienced challenging market conditions but also benefited from our strong positions. It was a year where we nearly finalized a major investment program. Our revenue was up 15% to almost DKK 21 billion. We had a positive full year effect from our recent acquisition of the Swiss EMS company, CCS. BioMar continued their strong development also in 2019. EBITDA increased 24% to DKK 1.95 billion or 10% like-for-like if we exclude our IFRS 16 from that. The effect from IFRS 16 was DKK 208 million out of this EBITDA.

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