Nederman Holding AB (OTCPK:NHOXF)

$ 14.85 0 (0%) Market Cap: 701.38 Mil Enterprise Value: 861.52 Mil PE Ratio: 23.27 PB Ratio: 3.11 GF Score: 79/100

Q2 2019 Nederman Holding AB Earnings Call Transcript

Jul 12, 2019 / 08:00AM GMT

Transcript

Operator

Ladies and gentlemen, welcome to the Nederman Holding Q2 report for 2019. Today, I am pleased to present CEO, Sven Kristensson; and CFO, Matthew Cusick. (Operator Instructions)

I'll now hand the call over to the speakers. Please begin.

Sven Kristensson;publ;President

Nederman Holding AB;CEO & Director

()- -

Yes. Good morning, and thank you for listening to Nederman Group's second quarter. Let us start with a small summary of what's happened in Q2. The second quarter was overall a good quarter for Nederman. We developed in line with our expectation, and especially Europe had a strong quarter. In North America, we had a slightly more mixed picture, but we have to remember 3 out of 4 divisions were doing very good or good in the North American area. We will come back to that, about the order intake for Process Technology. Asia development, significantly weaker. A couple of explanation. One explanation is, of course, the ongoing trade war, and that has a significant effect on the willingness to take decisions on

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