Karnov Group AB (OSTO:KAR)

kr 77.8 -2.3 (-2.87%) Market Cap: 8.39 Bil Enterprise Value: 10.86 Bil PE Ratio: 3,482.61 PB Ratio: 3.68 GF Score: 66/100

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Full Year 2023 Karnov Group AB (publ) Earnings Call Transcript

Feb 14, 2024 / 08:15AM GMT

Release Date Price: kr63 (+9.57%)

Transcript

Pontus Bodelsson;publ;President;Chief Executive Officer

Karnov Group AB

()-&

Welcome, everyone, to Karnov Group's earnings conference, where we will present the outcome of the fourth quarter and full year 2023. Please go to slide 2.

I'm Pontus Bodelsson, President and CEO of the company. With me, I have our CFO, Magnus Hansson; and our Head of Investor Relations, Erik Berggren. Magnus and I will present the outcome of the quarter using a few slides, and then we'll open up for questions.

With that said, let's get started with the presentation. Please go to slide 3.

It has truly been a successful year for Karnov Group. During the year, we've got new colleagues in Spain and France, while progressing ahead of plan in a transformational integration. We have also launched our first generative AI solution for legal professionals, which is a great opportunity to increase customer value going forward.

Net sales grew to SEK634 million in the fourth quarter. The organic growth was 6%, adjusted for the divested legal training

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