Addtech AB (FRA:AZZ2)
€ 25.88 0.02 (0.08%) Market Cap: 7.15 Bil Enterprise Value: 7.61 Bil PE Ratio: 46.67 PB Ratio: 13.62 GF Score: 85/100

Q4 2023 Addtech AB Earnings Call Transcript

May 17, 2023 / 08:00AM GMT
Release Date Price: €18.97 (+2.32%)
Operator

Good morning. This is the conference operator. Welcome, and thank you to be at Addtech's Fourth Quarter Presentation. (Operator Instructions)

At this time, I would like to turn the conference over to Niklas Stenberg, CEO of Addtech. Please go ahead.

Niklas Stenberg;publ.;MD
Addtech AB;President, CEO & Director

()- -

Thank you, and welcome, everyone. All in all, another very strong quarter, concluding a highly successful year for Addtech. High customer activity and favorable business climate for our companies continued broad-based in the fourth quarter, and we summarize a very strong 21% organic sales growth. Also, our EBITA growth, very strong, an increase of 47%, and then historically high margin of 14.4%. So strong markets. But as I always point out, it's the people and our strong culture with a focus on entrepreneurship, that's the main reason behind these strong figures.

So as I said, very strong sales growth, 34% on an aggregated level, and this is supported with solid double-digit numbers in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot