Suominen Oyj (LTS:0M1M)
€ 2.65492 0 (0%) Market Cap: 151.25 Mil Enterprise Value: 207.38 Mil PE Ratio: 0 PB Ratio: 1.29 GF Score: 72/100

Q2 2020 Suominen Oyj Earnings Call Transcript

Aug 12, 2020 / 08:00AM GMT
Release Date Price: €4.39
Emilia Peltola
Suominen Corporation - VP, Communications & IR

Good day and welcome to Suominen's half-year result publication and my name is Emilia Peltola. I'm heading Suominen's communications and investor relations. Today, our President and CEO, Petri Helsky, and CFO, Toni Tamminen, will present our result. And after the presentation, there will be time for questions. So, Petri and Toni, please.

Petri Helsky
Suominen Corporation - President & CEO

Very good. So good morning and welcome.

Toni Tamminen
Suominen Corporation - CFO

Hello. Hello.

Petri Helsky
Suominen Corporation - President & CEO

The latter one was Tony. So, second quarter, so a record high quarterly net sales and operating profit. Our sales increased by 18% amounting to EUR122 million. The corresponding period last year was EUR104. Our operating profit increased significantly to EUR12.4 million. Last year, we had the result of EUR2.7 million. And the cash flow from operations was EUR9.6

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