Axactor ASA (FRA:2LJ)
€ 0.276 0.002 (0.73%) Market Cap: 86.62 Mil Enterprise Value: 1.03 Bil PE Ratio: 7.13 PB Ratio: 0.20 GF Score: 44/100

Q3 2022 Axactor ASA Earnings Call Transcript

Oct 27, 2022 / 08:00AM GMT
Release Date Price: €0.535 (+1.81%)
Operator

Hello, and welcome to the Axactor ASA Presentation of Q3 2022 results call. My name is [Lauren], and I will be coordinating your call today. (Operator Instructions)

I will now hand you over to Johnny Tsolis to begin Johnny, please go ahead.

Johnny Tsolis
Axactor ASA - CEO

Good morning, and welcome to Axactor's third-quarter presentation for 2022. This presentation will be divided into four parts. First, I will take you through the highlights of the quarter. Then our CFO, Nina Mortensen, will present Q3 financials before we give an updated outlook and round off with a Q&A session. As always, you may ask questions live after the presentation or through the available chat function.

Now, let us move to slide 3 and have a look at the third-quarter highlights. Q3 was another solid quarter for Axactor, both in terms of collection, profitability, and CapEx deployments.

The EBITDA margin expansion continued and ended at 51%. Actual EBITDA reached EUR30 million, which is satisfying in a seasonally weak quarter, up from EUR13 million same

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