Nexam Chemical Holding AB
(OSTO:NEXAM)
kr
4.37
0.34 (8.44%)
Market Cap: 353.60 Mil
Enterprise Value: 369.21 Mil
PE Ratio: 0
PB Ratio: 1.90
GF Score: 78/100 
Q2 2024 Nexam Chemical Holding AB Earnings Call Transcript
Jul 12, 2024 / 12:00PM GMT
Release Date Price:
kr4.35
(+8.75%)
Key Points
Positve
- Nexam Chemical Holding AB (STU:NC4) achieved the highest EBITDA level in its history during the second quarter of 2024.
- The company has successfully implemented a cost savings program, resulting in a positive cash flow from operations.
- Sales have increased to SEK53.6 million, showing growth across all segments compared to the previous year.
- Nexam Chemical has a growing portfolio of patented clean tech solutions driven by global megatrends, such as renewable energy and recycling.
- The company has the capacity to double its business without significant additional investments, indicating strong potential for future growth.
Negative
- The PET foam market, a significant segment for Nexam Chemical, is currently weak, impacting sales in this area.
- Despite achieving a high EBITDA, the company has not yet reached profitability at the EBIT level.
- The wind energy market, a key area for Nexam's additives, is experiencing a downturn, affecting demand.
- The recycling segment, although growing, still represents a small portion of overall sales.
- Nexam Chemical faces challenges in rapidly scaling up new customer contracts and projects, which can have long development timelines.
Mattias Vahlne;n Direkt;Moderator
NyhetsbyrÃ
¥-
Clean tech company, Nexam, have reported for the second quarter of 2024. Joining me in the virtual studio today, I have CEO, Ronnie Tornqvist; and CFO, Marcus Nyberg. Please welcome, gentlemen.
Ronnie Tornqvist
Nexam Chemical Holding AB - Chief Executive Officer
Thank you, Mattias.
Mattias Vahlne;n Direkt;Moderator
NyhetsbyrÃ
¥-
So Ronnie, before you present, how would you describe the quarter in brief?
Ronnie Tornqvist
Nexam Chemical Holding AB - Chief Executive Officer
It's been a very intensive quarter, a lot of activities everywhere. It has been some difficulties, but mainly quite a positive energy and drive in the company. And we feel that we are moving forward according to the plan that we set out a year ago.
Mattias Vahlne;n Direkt;Moderator
NyhetsbyrÃ
¥-
Okay. Thank you. So
Already have an account? Log in
Get the full story
| 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... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers