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

Q1 2023 BHG Group AB Earnings Call Transcript

Apr 27, 2023 / 08:00AM GMT
Release Date Price: €0.864 (+14.89%)
Operator

Welcome to BHG Q1 report. (Operator Instructions) Now I will hand the conference over to the speakers, CEO; Gustaf Ohrn, and CFO; Jesper Flemme. Please go ahead.

Gustaf Ohrn;publ;CEO;President
BHG Group AB

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Thank you. Please take me to Slide 2. My name is Gustaf Ohrn. I'm the CEO of BHG. I'm here together with Jesper Flemme, our CFO, to do a short presentation of the Q1 report, and then we'll do our very best to answer your questions.

Please take me to Slide 3. Today's agenda in short, we will first take you through the financial highlights of the quarter, and then we will say a few words about the market and our actions to mitigate a challenging quarter. Then Jesper will give you a financial update, and I will in the end, do my very best to try to summarize all of this, and then we will be available for the Q&A.

Please take me to Slide 4. Starting with the financial highlights. As we guided already on the 21st of March, Q1 was a very tough quarter. Sales came in at SEK 2.6 billion,

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