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

Q4 2019 Dometic Group AB (publ) Earnings Call Transcript

Jan 31, 2020 / 09:00AM GMT
Release Date Price: kr88.12 (-6.18%)
Operator

Ladies and gentlemen, welcome to the Dometic Q4 Report 2019. Today, I am pleased to present Juan Vargues, President and CEO; and Stefan Fristedt, CFO. (Operator Instructions) Speakers, please begin.

Juan Vargues;publ;President;CEO
Dometic Group AB

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Good morning, everybody, and welcome to this fourth quarter report presentation. I'm sitting together with Stefan Fristedt in Stockholm, and we will be very happy to walk you through the presentation of this quarter as well as for the full year results. And as usual, we will have a Q&A session to be able to answer all your questions.

If we move over to the Q4 results, we see still a weak market evolution, especially in the -- on the OEM side. Americas and APAC continue to be challenging. EMEA turned to negative organic growth, very much driven by the RV OEM. When looking at -- on the growth side, we ended up a minus 4% in the quarter with a growth of 5% on the aftermarket. We continue to have a strong focus on our new growth initiatives. We have

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