Lifco AB (OTCPK:LFCBY)
$ 18.79 2.49 (15.28%) Market Cap: 17.07 Bil Enterprise Value: 17.99 Bil PE Ratio: 55.59 PB Ratio: 10.32 GF Score: 73/100

Q2 2022 Lifco AB (publ) Earnings Call Transcript

Jul 15, 2022 / 07:00AM GMT
Operator

Good morning, and welcome to the Lifco 2Q 2022 Earnings Conference Call. (Operator Instructions). Please note this event is being recorded.

I would now like to turn the conference over to Mr. Per Waldemarson. Please go ahead.

Per Waldemarson;publ;CEO
Lifco AB;President & Director

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Thank you, and good morning, and welcome to the Lifco Q2 conference call. And we can start with going into Page #2 directly in our investor presentation. And looking at the quarterly performance of Lifco, and the conclusion is that we had another strong quarter for Lifco, once again driven by continued positive development in our Demolition & Tools and System Solutions business areas.

And overall, the sales growth was 22% in the quarter, of which 12% was organic growth. Acquisitions contributed with 7% and exchange rates had a 4% positive impact. We also had a small marginal negative effect of the divestment of the Hekotek business, which took place in May 2022. And as we be communicating previously, this

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