Nolato AB (LTS:0OA9)

kr 57.25 -1.15 (-1.97%) Market Cap: 15.41 Bil Enterprise Value: 16.59 Bil PE Ratio: 27.68 PB Ratio: 2.96 GF Score: 88/100

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Q3 2020 Nolato AB Earnings Call Transcript

Oct 23, 2020 / 01:30PM GMT

Release Date Price: kr84 (-5.30%)

Transcript

Operator

Welcome to the Nolato AB Q3 Report 2020. (Operator Instructions) Today, I'm pleased to present Christer Wahlquist, CEO. Please begin your meeting.

Christer Wahlquist;publ;President;CEO

Nolato AB

()-&

Thank you, and good afternoon to all your participants, and thank you for being interested in the presentation on Nolato third quarter 2020. This is Christer Wahlquist speaking, CEO of Nolato Group.

If we summarize the third quarter for the group, we had a good growth, excellent even during this quarter, totaling 22% organic growth adjusted for currency acquisitions and sales totaled up on SEK 2.5 billion. The GW Plastics acquisition was consolidated from 1st of September. So it's 1 month in this quarter.

During this quarter, we saw growth across all business areas. Our EBITA operating profit rose to SEK 303 million -- SEK 304 million if we exclude the nonrecurring item of SEK 17 million, giving us a margin of 12.2%. And that is a strong margin for the group.

Cash flow after

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