Addtech AB (OSTO:ADDT B)
kr 308.2 7.2 (2.39%) Market Cap: 83.16 Bil Enterprise Value: 88.55 Bil PE Ratio: 47.79 PB Ratio: 13.95 GF Score: 85/100

Q2 2023 Addtech AB Earnings Call Transcript

Oct 27, 2022 / 08:00AM GMT
Release Date Price: kr141 (-2.89%)
Operator

Good morning. This is the conference operator. Welcome, and thank you for joining the Addtech second quarter report presentation. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Niklas Stenberg, CEO; and Ms. Malin Enarson, CFO. Please go ahead.

Niklas Stenberg;publ.;MD
Addtech AB;President, CEO & Director

()- -

Thank you, and good morning, everyone, and thank you for listening in to this webcast. If I start with a very brief overview, we can sum up another very strong quarter. The high customer activity continued in all business areas, and we see the net sales up by 36%, of which 19% organic. And again, our entrepreneurial-driven culture in companies have continued to handle the inflation pressure and value chain disruption in a very good way and also defended our margins at high level.

So we had an EBITDA growth of 37% and with a historically high EBITDA margin of 13.2% and also here, strong contributions across the line. The demand continued at high levels.

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