Magnora ASA (OSL:MGN)
kr 24.1 -0.2 (-0.82%) Market Cap: 1.55 Bil Enterprise Value: 1.18 Bil PE Ratio: 4.59 PB Ratio: 3.11 GF Score: 62/100

Q4 2022 Magnora ASA Earnings Call Transcript

Feb 14, 2023 / 09:00AM GMT
Release Date Price: kr23.9 (-1.65%)
Erik Sneve
Magnora ASA - CEO

Welcome to Magnora's fourth quarter presentation. My name is Erik and I'm the CEO of the company. In the fourth quarter, we saw a stronger interest in doing business with our portfolio companies down in all previous quarters. And today, I will take you through some of our key operational highlights from the quarter, our strategy, our targets, our financials, and a brief outlook. Please also read our press release carefully.

The presentation will not be followed by a Q&A, but you can ask for a meeting with me at any time or call one of the analysts following the company.

2022 highlights. We leave behind us another great year for Magnora with strong development of our portfolio, supported by favorable market environment. Our portfolio under development has more than doubled through the year, and our work to diversify and de-risk our investments is showing its effect. We have accelerated growth across all regions, technologies, and projects. And it leaves us with a significantly lower degree of uncertainty than before.

Over the last three years,

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