Q4 2022 Bewi ASA Earnings Call Transcript
Welcome to this presentation. My name is Christian Bekken. And together with me as always, I have our CFO, Marie Danielsson, who will take you through the financials. Our presentation includes some forward-looking statement. So I would like to point your attention to our disclaimer.
Before we look at the fourth quarter, I would like to start by taking a look back at the years behind us. BEWI has delivered growth for many years, but the last two years have been quite exceptional. From 2020 to 2021, we had 62% growth in net sales. And now from 2021 to 2022, we deliver, including full effect, from all acquired entities, more than a doubling of our net sales and more than 50% increase in EBITDA. And that is before we count synergies and our implemented profitability measures.
We are very pleased with our performance for the year as we continue to deliver solid result in challenging times. No doubt it has been a challenging year. Russia invaded Ukraine, inflation has been high, prices have been volatile, and supply chain unpredictable. On top of this
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