Q2 2023 Aspo Oyj Earnings Call Transcript
Welcome to the Q2 financial reporting of Aspo. And as you can see from the header, we had a bit a weaker profitability in Q2 compared to a solid Q1. I will though start with giving an overall picture of the first half of the year before I dig more into the details.
If we look at the first half we had a revenue growth of 3%. We have accumulated the operating profit of EUR12 million. We have a solid balance sheet, good cash flow, and also return of equity if you exclude the one-time effects approximately 14%. We also did the good progress when it comes to strategy. The Russian exits are close to being finalized. We did one acquisition of Telko in Poland, and we now exited -- it's actually four properties in Sweden, which we then sold and leased back. And that's the history of Kobia.
Before I go into the more detailed numbers glance on where we are in sustainability, emission intensity, we're still on target level, on track to reach the target of this year. The target is 0.36. Currently, 12 months rolling is 0.34. And as you very well know, the key drivers in
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