Elkem ASA (OTCPK:ELKEF)
$ 1.68 -0.07 (-4%) Market Cap: 1.10 Bil Enterprise Value: 2.06 Bil PE Ratio: 0 PB Ratio: 0.43 GF Score: 88/100

Q2 2023 Elkem ASA Earnings Call Transcript

Jul 14, 2023 / 07:00AM GMT
Release Date Price: $2.46
Odd;Geir Lyngstad
Elkem ASA - VP of Finance & IR

Good morning. My name is Odd-Geir Lyngstad, I'm responsible for Investor Relations in Elkem. I have the pleasure welcoming you to Elkem's second quarter results presentation. With me today, I have, as usual, CEO, Helge Aasen; and CFO, Morten Viga. Helge Aasen will take us through the business update and the outlook for the third quarter and CFO, Morten Viga, will present the financials for the second quarter. We will open for questions after Helge and Morten presentations.

And with that, I hand over to CEO, Helge Aasen.

Helge Aasen
Elkem ASA - CEO

Thank you, Odd-Geir, and -- good morning. Welcome -- it's a pleasure to present Elkem's results for the second quarter. We reported revenues of more than NOK 9 billion in the quarter with an EBITDA result of just above NOK 1 billion. As mentioned during the first quarter presentation in April, we decided to move forward planned maintenance work at 2 of the Norwegian plants. And we've also had a scheduled maintenance stop at the main

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