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 2022 Dometic Group AB (publ) Earnings Call Transcript

Jan 27, 2023 / 09:00AM GMT
Release Date Price: kr66.76 (-7.80%)
Operator

Welcome to Dometic Q4 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.

Juan Vargues;publ;President;CEO
Dometic Group AB

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Good morning, everybody, and welcome to the fourth quarter and full year report for Dometic from a sunny Stockholm. And without any doubt, [seeing some folks], we have a lot to talk about. Let us move into the presentation.

So Q4, challenging environment out there. It has been pretty tough on the marketplace. Retailers are still keeping inventories at a high level. In terms of performance, we showed 11% organic negative growth with Marine still very, very strong, 11% up. Service & Aftermarket continues to show hefty negative numbers, minus 22%. OEM is negative at 6%, but very much driven by the RV market in Americas, while the rest of OEM is still positive.

EBITA ended up at 7%

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