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 2023 Nederman Holding AB Earnings Call Transcript

Oct 23, 2023 / 08:00AM GMT

Release Date Price: $19.1

Transcript

Operator

Welcome to the Nederman Holding Q3 Presentation for 2023. (Operator Instructions)

Now, I will hand the conference over to CEO, Sven Kristensson; and CFO, Matthew Cusick. Please go ahead.

Sven Kristensson;publ;President

Nederman Holding AB;CEO & Director

()- -

Good morning, and welcome to Nederman's Interim Report for Third Quarter 2023.

We start with some highlights for the last quarter, and starting with what we think is a very good order intake. We had strong growth in sales and orders received, and we continue to have a stable profitability and a strong cash flow. I've been hunting moose in Gallivare. So, I've been going back to sloppy wording. Sorry for that. But all divisions are advancing their positions which we've seen.

We have also seen that all divisions have strengthened their presence in expanding industries. We also, during the third quarter, during the summer, acquired the mid-sized small company, Aagaard in Denmark, which strengthened our position in the European wood

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