Aug 21, 2024 / 08:00AM GMT
Christian Bekken - Bewi ASA - Chief Executive Officer
Hello, and welcome to the presentation of the results for the second quarter of 2024 for BEWI. My name is Christian Bekken, and together with me, as always, our CFO, Marie Danielsson. Today, we will focus on three things. The market is still tough, but there are clear signs of improvements. How are we positioned in order to accelerate growth when the market comes back? And number three, what makes BEWI better positioned than our competitors? Put your attention to the disclaimer.
We had revenues of EUR277 million for the quarter, down by 4%, which we are relatively pleased with given the tough markets. An EBITDA of EUR29 million, of which approximately EUR7 million is compensation for costs we have had related to the acquisition of Synbra.
Weak margins from RAW but more positive results and development from downstream. Marie will go more into the details later. We have now had a challenging and declining markets for almost two years. Throughout this period, we have clearly shown our ability to adapt for the market situation, good or
Q2 2024 Bewi ASA Earnings Call Transcript
Aug 21, 2024
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