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

Dometic Group AB (publ) to Discuss Restated Financials for New Segment Structure for 2019 and 2020 Call Transcript

Mar 16, 2021 / 10:00AM GMT
Release Date Price: kr128.7 (+1.82%)
Operator

Ladies and gentlemen, welcome to the Dometic meeting on restated financials for 2019 and 2020. (Operator Instructions) Today, I am pleased to present CFO, Stefan Fristedt. Please begin your meeting.

Stefan Fristedt;publ;CFO;Executive VP
Dometic Group AB

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Yes. Good morning, everyone. Thank you for joining in to listen to when we are going through the restatement of the 2019 and 2020 numbers to reflect the now completed implementation of our new organization.

So if we start on the first page here. What are we going to talk about today? We are going to restate, obviously, 2019 and 2020 by quarter and full year. And then, of course, along the lines, all the figures that we are going to present going forward is going to be according to the structure as well.

There is 3 main changes that we are going to do. And the first one is a restatement between the lines in the income statement. Logistic cost has been moved from expenses to cost of goods sold. And product development costs, which we now

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