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

Q1 2021 Garo AB Earnings Call Transcript

May 05, 2021 / 01:00PM GMT
Release Date Price: kr129.97 (+0.29%)
Operator

Good morning or good afternoon all, and welcome to the GARO interim report for January to March 2021. My name is Adam, and I'll be the operator on today's call. (Operator Instructions) I will now hand you over to Patrik Andersson, CEO, to begin. So Patrik, please go ahead.

Patrik Andersson;publ;President;CEO
Garo Aktiebolag

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Thank you. Hi, everyone, and welcome to the presentation of GARO's first quarter 2021. 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. I will start with an introduction of GARO Group. GARO was founded in 1939, which means that we have been over 80 years in business. We develop and produce innovative products and turnkey solutions for the electrical installation markets. We divide our business into 2 business area: Sweden, which consists of our Swedish operation; and GARO International, which cover our business in Norway, Ireland, Finland, Poland and in U.K. We

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