Bewi ASA (OSTO:BEWIo)

kr 23.55 0 (0%) Market Cap: 5.37 Bil Enterprise Value: 11.48 Bil PE Ratio: 0 PB Ratio: 1.06 GF Score: 63/100

Q3 2021 Bewi ASA Earnings Call Transcript

Nov 03, 2021 / 07:00AM GMT

Transcript

Christian Bekken

BEWI ASA - CEO

Welcome to this presentation of BEWI's results for the third quarter of 2021. My name is Christian Bakken, and I am the CEO of BEWI. With me today, as always, I have our CFO, Marie Danielsson, who will take you through the financials.

Our presentation includes some forward-looking statement, so I would like to point your attention to our disclaimer. You can also ask questions on the webcast during the presentation.

Now I will briefly take you through some highlights for the quarter before Marie will go more detail into our numbers.

Highlights for the quarter: BEWI delivers yet another solid quarter. This is driven by strong demand and growth, improved volumes and prices in all segments.

Food packaging in Norway, particularly strong; completed refinancing in August; issuance of a five-year sustainability-linked bond of EUR160 million under a framework of EUR250 million; launched intention to issue subsequent bonds under existing framework; completed acquisition of majority stake of IZOBLOK; launched a tender offer to acquire remaining

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