Q3 2022 Dometic Group AB (publ) Earnings Call Transcript
Welcome to Dometic Q3 Report 2022. Today, I am pleased to present CEO, Juan Vargues; CFO, Stefan Fristedt; and Head of Investor Relations, Rikard Tunedal. (Operator Instructions)
Now I will hand the conference over to the speakers. Please go ahead.
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Thank you, and good morning to everybody, and welcome to the third quarter's report. Without any delays, let's proceed to the presentation, Rikard. We are happy to report a strong quarter, especially considering the tough market conditions that we are facing for consumers. We have a challenging macroeconomic environment, retailers that continue to rebalance inventories. We see clearly decline in RV OEM demand, most especially in North America. On the performance side, good total growth 37%; 6% decline in organic growth, very much impacted again by what we see just now on both the RV OEM side, but also the Service & Aftermarket; while Marine still continues to show strong growth; and Igloo in the same
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