Magnora ASA (FRA:4SM)
€ 2.045 0.025 (1.24%) Market Cap: 135.89 Mil Enterprise Value: 104.42 Mil PE Ratio: 4.61 PB Ratio: 3.12 GF Score: 48/100

Q2 2023 Magnora ASA Earnings Call Transcript

Aug 15, 2023 / 08:00 AM GMT
Release Date Price: €2.56 (-0.78%)


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MGN.OL - Magnora ASA
Q2 2023 Magnora ASA Earnings Call
Aug 15, 2023 / 08:00AM GMT

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Conference Call Participants
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* Erik Sneve
Magnora ASA - CEO

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Presentation
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Erik Sneve, Magnora ASA - CEO [1]
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Hey. Good morning and welcome to Magnora's Q2 2023 presentation. We're very pleased to announce very pleasant and nice financial figures today and an update on our strategy and megawatt and the development.

As you all know, we are growing as lead development company of renewable projects and we have a strict capital discipline. We have a highly experienced team from the investment and renewable energy development industries.

And we updated our guiding in Q2 to 9,000 megawatts by the end of 2025 of projects under development. And we continue to see improved cash flow, cash position,
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