Half Year 2024 Karnov Group AB (publ) Earnings Call Transcript

Aug 21, 2024

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Aug 21, 2024 / 07:00AM GMT
Pontus Bodelsson - Karnov Group AB(publ)-President and Chief Executive Officer

Welcome everyone to Karnov Group's earnings conference (inaudible) We will present the outcome of the second quarter of 2024. Please go to slide 2. I'm Pontus Bodelsson, President and CEO of the company. With me, I have our CFO, Magnus Hansson and our Head of Investor Relations, Erik Berggren. Magnus and I will present the outcome of the quarter using a few slides and then we'll open up for questions.

With that said, let's get started with the presentation of the second quarter. Please go to slide 3. We deliver on our promises in the second quarter with solid net sales growth and strong margins improvements. We have expanded our mission critical legal information solutions for our customers, completing acquisitions in Denmark and France for further profitable growth.

We have a strong focus on harvesting synergies from our initiatives, while at the same time preparing the launch of new AI innovations. Net sales grew to SEK623 million in the quarter, the organic growth was 3%

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