Dometic Group AB (FRA:D00)
€ 5.265 -0.035 (-0.66%) Market Cap: 1.67 Bil Enterprise Value: 2.80 Bil PE Ratio: 0 PB Ratio: 0.79 GF Score: 61/100

Q3 2020 Dometic Group AB (publ) Earnings Call Transcript

Oct 23, 2020 / 08:00AM GMT
Release Date Price: €10.19 (-1.88%)
Operator

Ladies and gentlemen, welcome to the Dometic Q3 Report 2020. Today, I'm pleased to present Juan Vargues, President and CEO; and Stefan Fristedt, CFO. (Operator Instructions)

Speakers, please begin.

Juan Vargues;publ;President;CEO
Dometic Group AB

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Thank you very much. Good morning, and welcome to the presentation of the interim report for the third quarter. In Stockholm, I have Stefan Fristedt, our CFO; and Rikard Tunedal, our Head of Investment Relations.

So I would suggest that we start immediately with the presentation without any delay. And as usual, we will have time for a Q&A session.

So starting with the highlights for the third quarter. After a very, very tough second quarter, we saw a very fast recovery in Q3 as a consequence obviously of the shutdowns during Q2 but also the fact that the retail inventory levels have been very, very low. Of course, the staycation has accelerated the underlying trend that we have seen for outdoor activities. And from a negative

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