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 2020 Nederman Holding AB Earnings Call Transcript

Oct 23, 2020 / 08:00AM GMT

Transcript

Operator

Ladies and gentlemen, welcome to Nederman Holding Q3 report for 2020. Today, I am pleased to present CEO, Sven Kristensson; and CFO, Matthew Cusick. (Operator Instructions)

I will now hand over to Sven Kristensson. Please begin your meeting.

Sven Kristensson;publ;President

Nederman Holding AB;CEO & Director

()- -

Thank you very much, and good morning, everyone, and welcome to this call, where we are going to talk about Nederman Holdings' Q3 2020 Report.

We start with the 2 headlines, good margin development despite market challenges. We have, through the period here, been able to, not only maintain, but actually slightly improve our end margins, which we think is a good achievement considering the market challenges we have seen over the period. And this is a result of the early actions taken already in late Q1, Q2 and now resulting -- and that we have a good cost control and we see also that we had a bounce back in September when it comes to sales and order intake after very slow July, August.

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