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 2021 Elanders AB Earnings Call Transcript

Jul 13, 2021 / 07:30AM GMT
Release Date Price: kr180 (-5.46%)
Operator

Good day, and welcome to the Elanders AB conference call. At this time, I would like to turn the conference over to Magnus Nilsson. Please go ahead.

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

()- -

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

I will now go directly to Slide #5 in our presentation and talk about our performance in the first quarter. The strong recovery from second half of last year continued in the second quarter, and we managed to perform an EBITA margin of 5.2% compared to 2.8% the year before, which means that we managed to double our results despite the negative effect on EBITA of SEK 11 million because of the stronger Swedish krona.

You could see a solid demand from almost all our customer segment, but the shortage of semiconductors continue to create some disturbance in production to some of our customers. These disturbances resulted in canceled and changed shift patterns with very

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