Nov 11, 2021 / 02:30PM GMT
Operator
Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Schouw & Co. Conference Call 2021 Q3 Report Conference Call. (Operator Instructions)
I would now like to turn the conference over to Mr. Jens Bjerg Sørensen, CEO. Please go ahead.
Jens Bjerg Sorensen - Aktieselskabet Schouw & Co. - President, CEO & Member of Management Board
Thank you very much, and welcome to the presentation of our Q3 report.
Overall, Q3 turned out to be a really challenging quarter, but we still saw a high demand in most of our segments. We continue to have strong market positions and customer relations was confirmed. We had a huge negative impact from raw material prices and costs that unexpected continue to increase at a very high pace during the quarter. We expect the present market volatility to continue well into 2022. Revenue was up 14% to DKK 6.9 billion. However, EBITDA was reduced 9% to DKK 614 million. Our results from associated companies increased with DKK 80 million to DKK 36 million. Main effect was coming
Q3 2021 Schouw & Co A/S Earnings Call Transcript
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