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 2020 Elanders AB Earnings Call Transcript

Jul 15, 2020 / 07:00AM GMT
Release Date Price: kr62.8 (+10.56%)
Operator

Ladies and gentlemen, welcome to the Elanders conference call. At this time, I would like to turn the conference over to Mr. Magnus Nilsson. Please go ahead, sir.

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

()- -

Thank you. Welcome, everyone. This is Magnus Nilsson, the CEO of Elanders, and together with me, I also have Andréas Wikner, our CFO.

I will now go directly to Slide #5 in our presentation to go through the development for different customer segments during the second quarter.

And if we start to look at Automotive. Automotive was affected heavily in the second quarter and the majority of our customers closed down their factories in April, and then they started up slowly in May. And in June, we could see the start of a bigger recovery and now are all our customers' factories up and running again. But still with a bit lower volumes than before the COVID-19 outbreak.

If we then look at Electronics. In Electronics, we had another trend and we were affected much less

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