Nordic Waterproofing Holding AB (LTS:0RH9)
kr 167.8 -0.2 (-0.12%) Market Cap: 4.08 Bil Enterprise Value: 4.87 Bil PE Ratio: 20.58 PB Ratio: 2.25 GF Score: 77/100

Q2 2021 Nordic Waterproofing Holding AB Earnings Call Transcript

Jul 20, 2021 / 08:00AM GMT
Release Date Price: kr190
Operator

Welcome to the Nordic Waterproofing Holding Audiocast with Teleconference Q2 2021. Today, I am pleased to present CEO, Martin Ellis; and CFO, Per-Olof Schrewelius. (Operator Instructions)

Speakers, please begin.

Martin Ellis;publ;CEO
Nordic Waterproofing Holding AB;President & Member of Executive Board

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Thank you very much. Hello, everyone. Thank you very much for participating. I'm happy to report a good second quarter for Nordic Waterproofing. We have exceeded SEK 1 billion in sales for the first time and also increased profitability year-on-year; basically, again, a record quarter.

Moving to Page 2. You can see that we have net sales of SEK 1.067 billion against SEK 949 million last year, a 13% increase. 8% of that is organic, 7% from acquisitions and a slight negative currency effect. EBITDA is up 16% year-over-year, and operating profit hit SEK 160 million, 17% up compared to last year.

Cash flow is on par with last year. Earnings per share at SEK 4.80 against SEK 4.51. And as

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