Techstep ASA (OSL:TECH)
kr 11.85 -0.15 (-1.25%) Market Cap: 374.81 Mil Enterprise Value: 544.45 Mil PE Ratio: 0 PB Ratio: 0.66 GF Score: 54/100

Q2 2020 Techstep ASA Earnings Call Transcript

Aug 21, 2020 / 08:00AM GMT
Release Date Price: kr34.8 (-7.94%)
Jens Haviken
Techstep ASA - CEO

Good morning, and welcome to Techstep's Q2 presentation 2020. Together with me, I have our CFO, Marius Drefvelin. My name is Jens Haviken, and we will walk you through the Q2 presentation. After you've done with the presentation, we will open up for questions and answers.

Okay. So let's begin. The agenda for today starts -- you go through the highlights for the quarter, take the operations, the finances, and I'll do a short outlook. I would say that 2020 -- the first and second quarter of 2020 has turned out quite differently than most also foreseen. And in mid-March, we experienced that a situation where no one was experienced before.

So let me go to our highlights for the quarter. We are proud of what we have delivered. We had a significant operational progress in the period and delivered on several of the running projects according to plan. And we delivered a solid financial performance. It increased in gross profit and profitability. Onboarding customers on our managed mobility offering Flow is our high priority. And in the quarter, we signed two

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