Nov 07, 2024 / 07:00AM GMT
Rolf Barmen - Elmera Group ASA - President, Chief Executive Officer
Good morning and welcome to our third quarter presentation.
My name is Rolf Barmen, head of Elmera Group. Today, I have as usual with me, our CFO Henning Nordgulen and also head of investor relations Morten Opdal, who will take questions during our presentation and address them to Henning and myself during our Q&A session.
We are very, very satisfied with the group's performance in this quarter. The net revenue came in strong with a significant growth year-on-year driven by increased core margins from all our electricity retail segments. Accordingly, a bit adjusted was also strong in the quarter, accelerated by year-on-year reduction in our operating expenses. We continue to see good effects from our cost program and the OpEx Development is in line with our financial targets from our capital markets day, so I think that we are on track.
Volume sold and deliveries developed quite steadily. And as for deliveries, I am particularly satisfied with the development in the Nordic segment where we have succeeded in
Q3 2024 Elmera Group ASA Earnings Call Transcript
6 days ago
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