Lassila & Tikanoja Oyj (FRA:LT5)
€ 8.16 -0.02 (-0.24%) Market Cap: 316.20 Mil Enterprise Value: 494.90 Mil PE Ratio: 12.74 PB Ratio: 1.37 GF Score: 71/100

Q4 2022 Lassila & Tikanoja Oyj Earnings Call Transcript

Feb 09, 2023 / 08:30AM GMT
Release Date Price: €10.88 (-6.04%)
Operator

Welcome to Lassila & Tikanoja full year results webcast. The webcast, it is hosted by [L&T] CEO, Eero Hautaniemi; and CFO, Valtteri Palin. (Operator Instructions) Eero, please go ahead.

Eero Hautaniemi
Lassila & Tikanoja plc - President & CEO

Thank you, [Inca]. Good morning to everybody also on my behalf. And as Inca said, welcome to full year '22 earnings release. First, let's start with the few highlights. Our net sales developed quite nicely. It was EUR844 million compared to EUR812 million. Also, our net cash flow from operating activities after investments per share increased quite nicely.

Our adjusted operating profit declined slightly from previous year. And this was mainly due to the weak performance in our facility services, both Finland and Sweden. At the same time, our material or recycling businesses, i.e. environmental services and industrial services performed very well last year.

But let's get a little deeper into the numbers and let's start with the net sales development. Here we have a comparison without

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot