Zalaris ASA (OSL:ZAL)

kr 73.4 -1.2 (-1.61%) Market Cap: 1.59 Bil Enterprise Value: 1.95 Bil PE Ratio: 41.02 PB Ratio: 6.34 GF Score: 78/100

Q2 2021 Zalaris ASA Earnings Call Transcript

Aug 26, 2021 / 06:30AM GMT

Release Date Price: kr60.8 (-2.88%)

Transcript

Hans;Petter Mellerud

Zalaris ASA - Founder & CEO

Good morning. My name is Hans-Petter Mellerud, I am the CEO of Zalaris. Please also welcome our CFO, Gunnar Manum. He is here with me today for this webcast presentation of Zalaris Q2 2021 results.

We are using Teams for this purpose and hope that we will deliver on your expectations. (Operator Instructions). Please observe that the presentation is being recorded. You will find a link to the recording on the Investor part of our website. Without further ado, let's move on to the presentation.

After living with, COVID-19 for 5 quarters, operating under these conditions has become the new normal, and Team Zalaris continued delivering on all customer commitments. The majority of the team is still working from home. Revenue for the quarter ended at NOK 185.4 million, a slight reduction compared to last year, mainly due to currency movements of approximately NOK 11 million and an increase in deferred project revenue of NOK 7 million. We delivered an adjusted EBIT of NOK 11.4 million, down slightly from NOK 12.7 million

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