Dometic Group AB (LTS:0RCO)
kr 65.225 -1.075 (-1.62%) Market Cap: 20.98 Bil Enterprise Value: 35.17 Bil PE Ratio: 18.26 PB Ratio: 0.77 GF Score: 76/100

Q2 2019 Dometic Group AB (publ) Earnings Call Transcript

Jul 17, 2019 / 08:00AM GMT
Release Date Price: kr84.94 (-6.12%)
Operator

Ladies and gentlemen, welcome to the Dometic Q2 report 2019. Today, I'm pleased to present Juan Vargues, President and CEO; and Per-Arne Blomquist, CFO. (Operator Instructions)

Speakers, please begin.

Juan Vargues;publ;President;CEO
Dometic Group AB

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So good morning, everybody. This is Juan Vargues speaking. I'm sitting together with Per-Arne Blomquist, CEO -- CFO for the Dometic Group. And just to start the presentation of this quarter, I would like to say that, while I'm not very happy, obviously, with the market situation in either in Q1 or Q2, I'm pretty pleased with our performance as a company during the second quarter as continuation for a solid performance in the first quarter as well.

Looking at the growth rate. We ended up 1% total growth in a pretty challenging environment. We are coming from a Q1 obviously that was pretty soft, 6% down organically. April started pretty good, May continued pretty good, much better than Q1, but then the last 2 weeks in June became very, very

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