Solar AS (LTS:0G33)
kr 304 2 (0.66%) Market Cap: 2.22 Bil Enterprise Value: 3.86 Bil PE Ratio: 14.38 PB Ratio: 1.24 GF Score: 80/100

Q2 2019 Solar A/S Earnings Call Transcript

Aug 08, 2019 / 09:00AM GMT
Release Date Price: kr314.85
Operator

Ladies and gentlemen, welcome to the Solar A/S quarterly report for the second quarter 2019. (Operator Instructions) So today, I am pleased to present CEO, Jens Andersen; and CFO, Michael Jeppesen. Please begin.

Jens E. Andersen;S;CEO
Solar A;MD of Denmark & Member of Executive Board

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Thank you. First of all, a very warm welcome to the gentlemen in the room and also to those who are on the line for this second quarter webcast for Solar. Together with me, I have my colleague, CFO, Michael Jeppesen. The agenda for today is a general business update from me, also on our strategic focus areas. Then Michael will take over and make a presentation of the second Q results. And finally, we have our Q&A session.

In Solar, we are now halfway through the Q-instructed period. And for our core business, we still aim for an EBITA margin of at least 4% as one of our main 2020 financial targets. Looking at our first half year performance in 2019, revenue was above our expectations and EBITA was on par with our

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