Q2 2021 Itera ASA Earnings Call Transcript
¸ -
Good morning, everyone. Welcome to the interim report for the second quarter for Itera. We have the same agenda that as previous quarters. So I will start with the highlights of the quarter and the business review section. Then Bent Hammer, Chief Financial Officer, will walk through the financial review and the outlook, and we have also a question-and-answer section at the end. So if you have any questions during the session, just pause and chat, and we will follow-up at the end of this presentation.
Okay. Let's start with the highlights for the second quarter. I'm very happy to say that we managed to reach a growth rate, which is all-time high for Itera in our core digital business, which is actually 94% of our total business. So it's a huge growth rate of 24%, and we also managed to have an operating margin, EBIT margin of 15%. So what we see in the market, just as a brief, in the beginning, is actually that the digital adoption curves are really accelerating. We've have seen that for the last 6, 7 months across every industries and
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
