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Q3 2020 Schouw & Co A/S Earnings Call Transcript
Ladies and gentlemen, welcome to the AS Schouw & Co. Conference Call 2020 Q3 report. Today, I am pleased to present CEO, Jens Bjerg Sørensen. (Operator Instructions) Speaker, please begin.
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Thank you very much, and good afternoon to everyone. Welcome to presentation of our Q3 report.
The strong momentum we have seen in Q2 continued also into Q3. All our companies have, in general, responded very professional and diligent to this difficult situation we are in. Our conglomerate strategy and diversification continues to show strengths.
At group level, our revenue was up 3% to DKK 6.1 billion. And that was better than expected -- that was better-than-expected activity in all of our businesses.
EBITDA increased 9% to DKK 676 million, and that was a record quarterly EBITDA in the group. Very positive effect from both volume and scale in most of our businesses. We have seen a very strong margin management and tight
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