Q2 2024 Aspo Oyj Earnings Call Transcript

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Aug 14, 2024

Aug 14, 2024 / 07:30AM GMT
Rolf Jansson - Aspo Oyj - Chief Executive Officer, Member of the Group Executive Committee

Welcome to the Q2 reporting of Aspo 2024. If we look at the header, our successful strategy execution and improved profitability, I think that's a good summary of our Q2 performance. Strong growth in net sales, 16%, a comparable EBITDA of EUR7.4 million as strengthening cash flow, actually also the balance sheet developing in a good direction, good liquidity and even sustainability, very good development.

And on top of that, good development, when it comes to strategy execution, we sold two supramax vessels. We have now two green coasters in traffic here in the Baltic Sea and build cost, made acquisitions entering into Germany, strengthen our position in Sweden and then also Leipurin has strengthened our position in Sweden via Kebelco.

Looking into sustainability and emissions, emissions were a lot lower in Q2 compared to Q1. The reason is that at market conditions, basically the ice conditions and then in addition, during Q2, we had good sales growth and hence the emission intensity is 0.35, a lot

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