Q4 2021 Nederman Holding AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Nederman Holding Audiocast with Teleconference Q4 2021. Today, I'm pleased to present CEO, Sven Kristensson; and CFO, Matthew Cusick. (Operator Instructions) I'll now hand over to the speakers. Please begin your meeting.
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Good morning, ladies and gentlemen, and welcome to this teleconference where we are presenting the Nederman Group Q4 2021 results. We take some bullet points. We would say that we had a good finish to an, what we would say, excellent year considering the obstacles, the challenges that we have had. We had a high order intake growth [both] versus 2020, which was fairly easy, but also compared with 2019, it was a little bit more challenging. We have increased profitability, and we've been able to surpass our profitability target on EBIT level, which is 10%. And this has been the fifth consecutive quarter. We have had a very good cash flow based on strong order intake in Process Technology, where
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