Nilorngruppen AB (OTCPK:NLLGF)

$ 9.1 0 (0%) Market Cap: 68.39 Mil Enterprise Value: 69.38 Mil PE Ratio: 15.02 PB Ratio: 2.35 GF Score: 72/100

Q1 2023 Nilorngruppen AB Earnings Call Transcript

Apr 18, 2023 / 08:00AM GMT

Release Date Price: $9.1

Transcript

Krister Magnusson;rngruppen AB;President;CEO

NilÃ

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Good morning, everybody, and welcome to the Nilorn Q1 presentation. It just released two hours ago. I will share my screen. So, you see the same as I do. So, we go through that. Just a second.

Good, and welcome, again, here. And I will start with the financial performance and the numbers. And then after that, I will also go through a little bit what we are focusing on at the moment. As you've probably seen already in the interim report, the order income was down by 21%. That is also a reflection of the high order income we had last year, in the last first half year. So, we had tough comparison numbers. But also, that the way we measure the order income is when we place a purchase order, then we measure the order income.

And as you also noticed that we are working on and have had quite a high stock level, that is what we are working on to reduce that. So, even though the order income might be slower, we still have quite a lot of goods in the stock that we deliver, that doesn't

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