GARO AB (LTS:0REY)

kr 125.2 0 (0%) Market Cap: 1.07 Bil Enterprise Value: 1.39 Bil PE Ratio: 0 PB Ratio: 1.92 GF Score: 50/100

Q2 2020 Garo AB Earnings Call Transcript

Aug 27, 2020 / 07:30AM GMT

Release Date Price: kr88.7 (+3.14%)

Transcript

Operator

Ladies and gentlemen, welcome to the Interim Report January to June 2020 Webcast. My name is Ruby, and I will be your moderator for today's webcast. (Operator Instructions) I will now hand over to your host, Patrik Anderson, CEO of GARO, to begin. Patrik, please go ahead.

Patrik Andersson;publ;President;CEO

Garo Aktiebolag

()-&

Thank you. Good morning, everyone, and welcome to the presentation of GARO's Second Quarter 2020. My name is Patrik Andersson, and I'm the CEO of GARO. And with me today, I have Helena Claesson, our CFO, to present the financial performance.

Next slide, please. Short introduction of the company. GARO was founded in 1939, which means that we have been over 80 years in business. We develop and manufacturing innovative products and turnkey solutions for the electrical installation markets.

We divide our business into two business areas: Sweden, which consists of our Swedish operations; and Other Markets, which cover our business in Norway, Ireland, Finland, Poland and

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