va-Q-tec AG (XTER:VQT)

€ 26 0 (0%) Market Cap: 383.32 Mil Enterprise Value: 447.67 Mil PE Ratio: 0 PB Ratio: 8.58 GF Score: 58/100

Q2 2022 va Q tec AG Earnings Call Transcript

Aug 11, 2022 / NTS GMT

Release Date Price: €14.64 (+0.83%)

Transcript

Joachim Kuhn

va-Q-tec AG - Founder, CEO & Chairman of the Management Board

Good morning, everybody. My name is Joachim Kuhn, I'm CEO and Founder of va-Q-tec. With me today is our CFO, Stefan DÃ¶hmen, who will guide you through the H1 financials a little bit later in this presentation. Our presentation today consists of mainly three parts: First, our highlights of the first half 2022; and second, two recent business cases; and at the end, as always, we will conclude with a Q&A session.

So we are, overall, very, very happy with the development we have seen in H1 2022. We delivered a good set of numbers in a very challenging macro environment. We have summarized the most important messages on Slide #2, named va-Q-tec with continued strong growth in half year 1 2022.

First, the revenue. We delivered a continued strong performance with revenue growth of 17% to EUR 55.4 million coming from EUR 47.3 million in the previous year. Second, with a plus of 30%, our service business showed a very strong performance and stood out of the three lines. Third, we want to highlight the strong growth

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