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 2021 Dometic Group AB (publ) Earnings Call Transcript

Jul 16, 2021 / 08:00AM GMT
Release Date Price: kr146.5 (-6.76%)
Operator

Hello, welcome to the Dometic Q2 2021 Analyst Call. (Operator Instructions) Today, I'm pleased to present Juan Vargues, President and CEO; Stefan Fristedt, CFO. Speakers, please begin.

Juan Vargues;publ;President;CEO
Dometic Group AB

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Good morning, everybody, and welcome to Solna, Stockholm, and the presentation of the interim report for the second quarter. If we look at the highlights for the quarter, we see that the market demand remains very strong in all segments and in all continents. We have a record high backlog for this period of the year as many other industries and many other companies -- or most companies, I would say, we still see critical shortage of components and freight capacity, and that created, obviously, challenges.

We also perceive the retail inventories to be very low, which means that we expect the restocking period to be extended. We were discussing some months ago about 2021, perhaps first quarter 2022, we see now, in accordance to our customers and the rest of the

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