Lassila & Tikanoja Oyj (OHEL:LAT1V)

€ 8.28 -0.02 (-0.24%) Market Cap: 316.97 Mil Enterprise Value: 495.67 Mil PE Ratio: 12.71 PB Ratio: 1.36 GF Score: 66/100

Q3 2024 Lassila & Tikanoja Oyj Earnings Call Transcript
Oct 25, 2024

€8.87 (+1.60%)

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Q2 2024 Lassila & Tikanoja Oyj Earnings Call Transcript
Aug 07, 2024

€8.84 (+2.20%)

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Q1 2024 Lassila & Tikanoja Oyj Earnings Call Transcript
Apr 26, 2024

€8.6 (-3.80%)

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Q4 2023 Lassila & Tikanoja Oyj Earnings Call Transcript
Feb 09, 2024

€9.25 (-9.67%)

Earnings
Q3 2023 Lassila & Tikanoja Oyj Earnings Call Transcript
Oct 26, 2023

€9.4 (+4.44%)

Earnings
Q2 2023 Lassila & Tikanoja Oyj Earnings Call Transcript
Jul 26, 2023

€9.97 (-1.29%)

Earnings
Q1 2023 Lassila & Tikanoja Oyj Earnings Call Transcript
May 03, 2023

€10.12 (-1.56%)

Earnings
Q4 2022 Lassila & Tikanoja Oyj Earnings Call Transcript
Feb 09, 2023

€11.04 (-5.96%)

Earnings
Q3 2022 Lassila & Tikanoja Oyj Earnings Call Transcript
Oct 27, 2022

€10.26 (-1.91%)

Earnings
Q2 2022 Lassila & Tikanoja Oyj Earnings Call Transcript
Jul 22, 2022

€11.5

Earnings
Q1 2022 Lassila & Tikanoja Oyj Earnings Call Transcript
Apr 27, 2022

€10.28 (-0.39%)

Earnings
Q4 2021 Lassila & Tikanoja Oyj Earnings Call Transcript
Jan 27, 2022

€12.28 (-6.12%)

Earnings

Q2 2023 Lassila & Tikanoja Oyj Earnings Call Transcript

Jul 26, 2023 / 07:30AM GMT

Release Date Price: €9.97 (-1.29%)

Transcript

Inka Leisio

Lassila & Tikanoja plc - VP, Communications & Brand

The broadcast is hosted by L&T CEO, Eero Hautaniemi, and CFO, Valtteri Palin. (Event Instructions) Eero, please go ahead.

Eero Hautaniemi

Lassila & Tikanoja plc - President & CEO

Thank you, Inka. And welcome also on my behalf to this six months earnings release. Let's start with a few highlights from the first half and second quarter. Our net sales in Q2 were EUR207 million, compared to EUR219 million a year ago. And this was mainly due to the fact that our renewable energy sources business is now reported below the operating profit.

Also, Swedish krone weakened quite significantly compared to the previous year, and its impact was over EUR6 million to net sales. Our adjusted operating profit was EUR9.2 million compared to EUR11 million, and I'll get into the reasons behind that later during the presentation.

Our facility services Finland and also industrial services continued their good performance in the first half and also in the second quarter as

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