Beijer Ref AB (OSTO:BEIJ B)
kr 172 7.95 (4.85%) Market Cap: 87.19 Bil Enterprise Value: 95.48 Bil PE Ratio: 34.25 PB Ratio: 3.88 GF Score: 95/100

Q2 2024 Beijer Ref AB (publ) Earnings Call Transcript

Jul 19, 2024 / 08:00AM GMT
Release Date Price: kr174 (-5.90%)
Christopher Norbye;publ;President
Beijer Ref AB;Chief Executive Officer

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Christopher and Joel here. Welcome to our Q2, and thanks for calling in. So we will move over to the next slide. So Beijer Ref, I think there is no new say, really. We continue to grow as you can see. We're now in 45 markets around the globe, which we will come back a little bit later on, because it's giving us quite a nice balanced view on the world being so many different places come forward.

So moving into the next slide, highlights for Q2. I would say a very good quarter, Beijer Ref in almost all categories. We're coming back to a nice organic growth after three quarters on the negative side and also related to, as we said, the energy situation in Europe a couple of years ago. So they are coming in as expected. Acquisition continues to drive very good value for us and they continue to develop well. We continue to have a good pipeline there, so very nice development for us.

If you put that all together and our sales grew 12% in the quarter, which we're very happy

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