Solar AS (STU:ZVR)
€ 40.75 0.25 (0.62%) Market Cap: 294.29 Mil Enterprise Value: 515.00 Mil PE Ratio: 14.63 PB Ratio: 1.26 GF Score: 72/100

Q1 2023 Solar A/S Earnings Call Transcript

May 02, 2023 / 09:00AM GMT
Release Date Price: €73.1 (-1.22%)
Operator

Welcome to the Solar Interim Report for Q1 2023. (Operator Instructions) This call is being recorded.

Today, I'm pleased to present Jens Andersen, CEO; and Michael Jeppesen, CFO. Speakers, please begin.

Jens E. Andersen;S;CEO
Solar A;MD of Denmark & Member of Executive Board

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Thank you a lot. A warm welcome to this first quarter webcast for the Solar Group. Together with me here in our headquarter in Vejen, I have my colleague, CFO, Michael Jeppesen.

The agenda for today is a general business update with some highlights here in the beginning of year 2023, presented by me. Then I will give you some insight about our Climate and Energy segment, but also our latest acquisition of ThermoNova. Mike will then present our first Q results, including a higher level cash flow statements and naturally some comments to our guidance for year 2023. And finally, we will have a Q&A session.

Next slide, please. Highlights. Revenue increased to DKK 3.7 billion, up from DKK 3.5 billion last year.

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