BTS Group AB (LTS:0KGY)
kr 277 0 (0%) Market Cap: 5.37 Bil Enterprise Value: 5.30 Bil PE Ratio: 21.92 PB Ratio: 3.81 GF Score: 97/100

Q2 2019 BTS Group AB Earnings Call Transcript

Aug 23, 2019 / 07:30AM GMT
Release Date Price: kr188
Marlon Varnik
Erik Penser Bank AB, Research Division - Research Analyst

Good morning, everyone, and welcome to Erik Penser Bank. My name is Marlon Varnik, and I'm the analyst following BTS Group. But today, we have Henrik Ekelund with us today, the CEO and Founder of BTS, presenting the Q2 results.

So I leave it to you. Welcome.

Henrik Ekelund;publ;Founder
BTS Group AB;President, CEO & Director

()- -

Thank you very much. And thank, everyone, for coming here today. Thank you for listening in over the web as well. And I'm very happy to present to you today another record quarter.

The second quarter is the best second quarter ever, and it's the 12th record quarter in a row. So we are continuing our journey of long-term high-growth and of lifting our margin.

A few highlights here. In Q2, our revenues grew 6%, all organic. Profit growth was 14%. In the second half, 10% growth and 22% profit growth. We continue to see a positive market development. So the demand for our services is growing.

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