Instalco AB (OSTO:INSTAL)
kr 48.7 -0.4 (-0.81%) Market Cap: 12.85 Bil Enterprise Value: 13.48 Bil PE Ratio: 22.54 PB Ratio: 3.84 GF Score: 72/100

Q2 2023 Instalco AB Earnings Call Transcript

Aug 22, 2023 / 07:30AM GMT
Release Date Price: kr36.58 (-5.28%)
Operator

Welcome to the Instalco's Q2 Presentation for 2023. (Operator Instructions). Now I will hand the conference over to CEO, Robin Boheman and CFO, Christina Kassberg. Please go ahead.

Robin Boheman;publ;CEO
Instalco AB

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Hello, everyone, and welcome today's Q2 presentation from Instalco. My name is Robin Boheman. I'm the CEO of Instalco. And with me today, I have Christina Kassberg, my CFO.

Just in brief, Instalco, a leading Nordic group within heating, plumbing, electrician, ventilation, industry and technical consultant. We do project planning, installation, service and maintenance of systems installed at properties and facilities. And as you can see on the map here, we're highly decentralized structure with roughly 130 subsidiaries specialized within their local companies. Main market is Sweden. We have roughly around 6,000 employees in the Nordics and these subsidiaries are run with their own CEOs, in, as I said, a highly decentralized structure.

Going into some key financials over the last 12 months, we

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