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 2020 Dometic Group AB (publ) Earnings Call Transcript

Jul 16, 2020 / 08:00AM GMT
Release Date Price: kr86.62 (-4.09%)
Operator

Ladies and gentlemen, welcome to the Dometic Q2 Report 2020. Today, I'm 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. Welcome to the presentation of Dometic's interim report for the second quarter. As usual, I have Stefan Fristedt, CFO; and Johan Lundin, Head of IR, with me.

And without any delay, I suggest that we move over to the presentation. So second quarter's highlights. From a market perspective, I would like to start by saying that this has been the most challenging quarter in my professional career. In comparison to the finance crisis, the finance crisis was a piece of cake. We really felt how the light disappeared here mid of March. April was extremely tough. May was tough. June, we saw a recovery and ended up at the same levels as June last year. So in other words, we saw a recovery faster than we expected.

And we -- I'm

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