Nederman Holding AB (OTCPK:NHOXF)

$ 14.85 0 (0%) Market Cap: 703.58 Mil Enterprise Value: 861.52 Mil PE Ratio: 23.27 PB Ratio: 3.11 GF Score: 79/100

Q1 2021 Nederman Holding AB Earnings Call Transcript

Apr 22, 2021 / 08:00AM GMT

Release Date Price: $19.1

Transcript

Operator

Ladies and gentlemen, welcome to the Nederman Holding Audiocast Teleconference Q1 2021. Today, I'm pleased to present CEO Sven Kristensson; and CFO Matthew Cusick. (Operator Instructions)

I will now hand it over to the speakers. Please begin.

Sven Kristensson;publ;President

Nederman Holding AB;CEO & Director

()- -

Good morning, and welcome to Nederman's First Quarter Presentation.

We start to say that Nederman had a strong start to the year, though with a lot of vacations, a lot of sort of uncertain market in the beginning here. It started to gradually climb from mid-January up to end of March, and we've seen a recovery.

The positive outlook also that if we can have a continued recovery with the vaccine distribution and so on. And we see a more positive way of thinking, especially in China and in not to forget U.S. where a large portion are already vaccinated.

We have, for the first quarter, had organic growth in all divisions. Totally, we had close to 15% organic growth, though

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