BHG Group AB (FRA:7B1)
€ 1.257 0.079 (6.71%) Market Cap: 234.90 Mil Enterprise Value: 391.41 Mil PE Ratio: 0 PB Ratio: 0.44 GF Score: 68/100

Q4 2020 BHG Group AB Earnings Call Transcript

Jan 29, 2021 / 09:00AM GMT
Release Date Price: €15.18 (-7.89%)
Operator

Thank you for joining us on our conference call today to review BHG's Fourth Quarter 2020 Results. This call is being recorded, and a replay of the conference will be available later today on our Investor Relations website.

Together with me today are Adam Schatz, President and CEO; and Jesper Flemme, CFO. Both will be available for Q&A later in today's call.

With that said, I'll now turn the call over to Adam. Please begin.

Adam Schatz;publ;President
BHG Group AB;CEO & Head of Home Furnishing Segment

()- -

Thank you, operator, and good morning, everyone. Moving to Slide 3, please. The final quarter of 2020 continued much in the same strong vein as the previous 2 quarters, adding the acquisition of Nordic Nest in December to the picture, taps an exceptional and transformative year for us. With the acquisition of Nordic Nest, BHG has essentially reached the midterm financial targets we communicated in conjunction with our IPO in March of 2018, including becoming a SEK 10 billion business.

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