Elanders AB (OSTO:ELAN B)
kr 97 0.6 (0.62%) Market Cap: 3.43 Bil Enterprise Value: 12.35 Bil PE Ratio: 12.00 PB Ratio: 0.89 GF Score: 84/100

Q2 2019 Elanders AB Earnings Call Transcript

Jul 16, 2019 / 07:00AM GMT
Release Date Price: kr87.8 (+1.62%)
Operator

Good day, and welcome to the Elanders AB quarterly results conference call.

At this time, I would like to turn the conference over to Magnus Nilsson, President and CEO of Elanders. Please go ahead, sir.

Magnus Nilsson;publ;President
Elanders AB;CEO & Director

()- -

Okay. Welcome, everyone, to Elanders' quarterly call. It's Magnus Nilsson speaking; and together with me is also Andréas Wikner, our CFO. I will start by going to #2 in the -- Page #2 in the presentation and talk about the numbers for the second quarter and the first 6 months. And I will make my comments based on excluding IFRS 16 to make it more easy to compare the numbers.

So if we start, look at the second quarter and net sales, the net sales for second quarter was SEK 2.72 billion compared to SEK 2.61 billion, 2018. Our EBITA results went up to SEK 122 million compared to SEK 116 million. And we also continued to have a rather strong operating cash flow, that was positive SEK 77 million compared to SEK 127 million the year before.

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