Enea AB (LTS:0RP6)

kr 99.3 -0.4 (-0.4%) Market Cap: 2.00 Bil Enterprise Value: 2.20 Bil PE Ratio: 37.56 PB Ratio: 1.18 GF Score: 75/100

Q3 2020 Enea AB Earnings Call Transcript

Oct 21, 2020 / 06:30AM GMT

Release Date Price: kr168.2 (-12.67%)

Transcript

Operator

Hello, everyone, and welcome to the Enea AB Interim Report January to September 2020. (Operator Instructions)

I will now hand the call over to CEO, Jan HÃ¤glund. Please begin.

Jan HÃ;glund;publ;President;CEO

Enea AB

¤ - ()-&

Good morning, everyone. This is Jan HÃ¤glund, the CEO of Enea. I'm here with BjÃ¶rn Westberg, CFO. Thank you for joining this call at this time.

We will summarize the results of the third quarter as well as the period, January to September 2020. We will go through the details of the financial results, some of the most important news during the quarter and summarize with a way forward and outlook.

Let me, first on Page 3, summarize the financial results for the quarter and the period. Our net sales came in at SEK 206 million, which is a decline from last year by 16% before currency adjustments. We have clearly seen effects of the ongoing corona pandemic on our business while the majority of our business remains stable, thanks to recurring revenues

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