Arjo AB (OTCPK:ARRJF)
$ 3.07 0 (0%) Market Cap: 882.35 Mil Enterprise Value: 942.64 Mil PE Ratio: 19.19 PB Ratio: 1.23 GF Score: 80/100

Q4 2023 Arjo AB (publ) Earnings Call Transcript

Jan 30, 2024 / 07:00AM GMT
Release Date Price: $3.83
Joacim Lindoff
Arjo AB - President & CEO

Good morning to everyone and welcome to Arjo's Q4 2023 earnings call where Niclas and myself will give you some details on the Q4 report that we released an hour ago. Next slide please.

The agenda looks as usual and includes a summary of activities and results from Q4, shorter comments on full year 2023, balance sheet items and details on the outlook for 2024 before we open up for questions. And we intend to keep this call to an hour and finish no later than 9:00. Next slide please.

We close the year in a strong way and continue to see good underlying demand for our core business in capital service and rental. We continue to navigate a volatile market environment in a good way and close the quarter with 4.9%organic net sales growth with good growth in most of the major markets.

In addition, and as a further positive sign, this net sales development is supported by an even better order intake in the quarter. In the US, we continue to see a still somewhat stressed but systematically improving financial situation for many US

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