Q1 2023 Schouw & Co A/S Earnings Call Transcript
Good afternoon, and welcome to the presentation of Schouw & Company's Q1 '22 report. My name is Jens Sorensen, and I'm the CEO of Schouw Company. I will take you through our report and our figures. Q1 was for Schouw & Company, a very satisfactory quarter. We came out better than expected. We saw a very high activity level across all our companies.
And once again, I think we could say that our companies, they are relevant in the market, and they have a very strong positions. Our revenue was up 38% to DKK 8.7 billion. Organic growth was around 1/3 of the increase and the rest was coming from our newly acquired company, Enics. EBITDA was up 40% to DKK 511 million. It was a combination of effects from lower energy cost mainly from our 3 big energy consumers BioMar, Fibertex Nonwovens, Fibertex Personal Care. We also had very good cost management, meaning a good combination of controlling our costs and getting the right prices in the market.
We had a one-off impact in 2022, and that
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