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Full Year 2018 Schouw & Co A/S Earnings Call Transcript
Ladies and gentlemen, welcome to the Schouw & Co. Q4 2018 Annual Report. Today, I am pleased to present CEO, Jens Bjerg Sørensen. (Operator Instructions) Speaker, please begin your meeting.
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Thank you very much, and good morning to everyone. Welcome to our 2018 annual report presentation.
In general, Schouw & Co. had a year with a very high activity level and also many future-proofing products.
We experienced tough competitions in many of our markets. We saw challenging conditions, but we continued to invest, and over the year, we invested DKK 1.5 billion. We made 2 bolt-on acquisitions and should I elaborate, overall, I would say, we had, in spite of all that, an acceptable year.
Revenue was up by 7.2% to DKK 18.3 billion. We saw a positive full year effect from our recent acquisitions of Borg and Alimentsa in Ecuador.
In general, our companies have kept all market shares and positions without
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