Elmera Group ASA (OSTO:FKRAFTo)
kr 34.15 0.95 (2.86%) Market Cap: 3.65 Bil Enterprise Value: 4.60 Bil PE Ratio: 16.61 PB Ratio: 2.87 GF Score: 58/100

Q1 2024 Elmera Group ASA Earnings Call Transcript

May 08, 2024 / 06:00AM GMT
Release Date Price: kr34.35
Rolf Barmen
Elmera Group ASA - President, Chief Executive Officer

Good morning and welcome to our first quarter presentation. My name is Rolf Barmen, Head of Elmera group, our CFO, Henning Nordgulen is with me today and will go through the financials. After he has finished his section, I will come back and give you some words on our focus areas the coming quarters. We will end the presentation with a Q&A session.

So please send in your question during the presentation. First of all, we are very satisfied with the quarter where all of our reporting segments delivered strong results and Henning will give you more details on the financials in his part of the presentation, I will particularly highlight our execution on the group's cost program. We delivered stable adjusted OpEx from last quarter and compared to the first quarter 2023.

The decrease by NOK16 million of the development was in line with our guidance, and I am proud of all the hard work that lies behind this achievement before going into the segments, I also want to mention that a dividend of NOK2.30 per share for 2023 was

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