Zalaris ASA (FRA:81Y)

€ 6.22 0.02 (0.32%) Market Cap: 138.85 Mil Enterprise Value: 169.46 Mil PE Ratio: 41.82 PB Ratio: 6.46 GF Score: 77/100

Q2 2019 Zalaris ASA Earnings Call Transcript

Aug 16, 2019 / 07:00AM GMT

Transcript

Hans;Petter Mellerud

Zalaris ASA - Founder & CEO

Good morning. My name is Hans-Petter Mellerud, and I am the CEO of Zalaris. Thank you for joining us for this webcast presentation of Zalaris' 2019 Q2 results. Nina Stemshaug, our CFO, is also here to support me answering questions at the end of the presentation.

Please observe that the presentation is being recorded. You will find a link to the recording on the Investor Relations part of our website.

Let's go straight to the presentation. As usual, all numbers referred to are in Norwegian kroner, unless otherwise stated.

Revenues in the first (sic) [second] quarter 2019 were NOK 188 million, representing a slight reduction year-on-year. Our operational EBIT amounted to NOK 4.4 million, giving an EBIT margin of 2.4%. Our strong market position was confirmed during the quarter with the signed renewals of long-term contracts with key clients like Nordea, Finnair, ABB and Bilfinger. With several new contract discussions and bids ongoing, the pipeline for the second half of 2019 is looking solid.

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