Aug 16, 2022 / 01:30PM GMT
Jens Bjerg Sorensen - Aktieselskabet Schouw & Co. - President, CEO & Member of Management Board
Welcome to the presentation of Schouw & Company's Q2 report.
We had a very satisfying Q2, in spite of a very difficult environment. It was difficult to maneuver for our companies in this environment. Main costs continued to increase. We saw energy and freight costs up with more than DKK 100 million throughout the quarter.
I think we have seen strong efforts in all our companies to work hard on getting compensation for majority of the price increases. They have been worked very hard on getting price increases up in the market.
We have used a lot of tools from what we call our operational toolbox. It's very necessary that you are on top of things when things are as turbulent as they have been in this quarter.
We saw a very strong and satisfying growth, 34% up to DKK 7.5 billion. Input cost has, of course, been a very strong driver in this growth. But we have also seen organic growth of 9%. Volume and activities have been up in most of our companies. EBITDA came
Q2 2022 Schouw & Co A/S Earnings Call Transcript
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