Storskogen Group AB (OSTO:STOR B)
kr 11.28 -0.075 (-0.66%) Market Cap: 19.03 Bil Enterprise Value: 29.92 Bil PE Ratio: 0 PB Ratio: 0.96 GF Score: 81/100
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Q3 2023 Storskogen Group AB (publ) Earnings Call Transcript

Nov 07, 2023 / 08:00AM GMT
Release Date Price: kr7.01 (-2.20%)
Operator

This call is being recorded. Welcome to the Storskogen Q3 Presentation for 2023. (Operator Instructions). Now I will hand the conference over to the CEO, Daniel Kaplan; and CFO, Lena Glader. Please begin your meeting.

Daniel Samuel Kaplan;publ;Co;founder;CEO
Storskogen Group AB

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Hi, and welcome to Storskogen's presentation of our third quarter report. My name is Daniel Kaplan, I'm the CEO and co-founder, and together with me presenting today is Lena Glader, CFO.

So welcome. Let's turn to the first page diving directly into Q3 highlights. In short, it was a business as usual quarter in line with our expectations. We focused on cash flows and I think we saw some good results from that. Sales SEK 8.3 billion, organic net sales growth minus 2% with an adjusted EBITA of SEK 726 million. Organic EBITA growth of minus 9%, the EBITA margin, 8.7%, slightly below last year. Year to date however, margin wise we're at 9.4%, still better than last year.

So looking at some key events

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