ArcticZymes Technologies ASA (OSTO:BIOTECO)
kr 16.48 0 (0%) Market Cap: 871.28 Mil Enterprise Value: 639.78 Mil PE Ratio: 61.64 PB Ratio: 2.77 GF Score: 80/100

ArcticZymes Technologies ASA - Special Call Transcript

Dec 15, 2020 / 07:30AM GMT
Release Date Price: kr69.4
Jethro Holter
ArcticZymes Technologies ASA - CEO

Okay. It's 8:30, so I suggest we start. So good morning, and welcome to the Q&A session regarding the announcement we made yesterday about divesting the Biotec BetaGlucans business to Lallemand's subsidiary, Danstar Ferment AG.

What we'd like to do today is use today to answer questions that you may have related to the announcement. We know it's some time until the Q4 announcement hence, where we thought it was timely to have a dedicated Q&A session today about the divestment.

So basically, it'd be myself, Jethro Holter, the CEO, who will answer questions and Børge would also help. Børge Sørvoll, our CFO, will also support. We'll be answering questions here as well.

But before we go into questions, I'd like to give you a little brief background about the divestment. And let's wind the clock back to December last year. It's important to understand the strategy here. So back in December last year, we made some strategic decisions. And what we said is we were going to maintain ArcticZymes Technology or Biotec Pharmacon

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