Q4 2019 Sats ASA Earnings Call Transcript
Welcome to this fourth quarter presentation for SATS. We are doing this presentation as a webcast from our offices here in Nydalen in Norway. My name is Sondre Gravir, and together with me today, Cecilie Elde, our CFO, will also join us for the presentation. We will have a Q&A session towards the end of the presentation, and you can post questions as we go along on the webcast interface.
So overall, SATS delivered (inaudible) 2018, 6% growth adjusted for Denmark. And EBITDA grew with 19% year-over-year in Q4, 28% adjusted for Denmark, resulting in an EBITDA margin of 15% and 18.3% adjusted for Denmark. We have also done an organizational change towards the end of Q4, where John Kristian Stubban left the position as a country manager in Norway. I have been acting in the role since then (inaudible) 2014 and before coming back now. And in such, during her previous period, she both had the role as Club Manager, Regional Manager, Finance Manager and actually also Country Manager. So we are very happy to have Wenche Evertsen back in SATS in the role as Country Manager
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