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

Q3 2019 Nederman Holding AB Earnings Call Transcript

Oct 17, 2019 / 08:00AM GMT

Transcript

Operator

Ladies and gentlemen, welcome to Nederman Holding Q3 Report 2019. Today, I am pleased to present CEO, Sven Kristensson; and CFO, Matthew Cusick. (Operator Instructions)

Speakers, please begin.

Sven Kristensson;publ;President

Nederman Holding AB;CEO & Director

()- -

Good morning, and welcome to this session reporting Nederman interim status of Q4 (sic) [Q3] 2019.

As a summary, Nederman Group had a good quarter. We had development in line with our expectation. Both sales and orders showed organic growth, though we can say that it differs quite -- that there's quite varied portfolio between geographies and division. Europe, however, posted again a very strong quarter. And North America is interesting, 3 out of 4 divisions are doing good progress. Unfortunately, we can't say the same about Asia where we have again a weak development.

We have continued to develop and release new products, especially in the integration of digital solutions. Measurement control division are now supporting the

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