Projektengagemang Sweden AB (OSTO:PENG B)
kr 13.15 0.85 (6.91%) Market Cap: 316.31 Mil Enterprise Value: 562.49 Mil PE Ratio: 65.75 PB Ratio: 0.54 GF Score: 71/100

Q2 2019 Projektengagemang Sweden AB Earnings Call Transcript

Jul 19, 2019 / 07:00AM GMT
Release Date Price: kr24.9
Operator

Ladies and gentlemen, welcome to Projektengagemang Q2 2019 Report. Today, I am pleased to present Per Hedebäck, CEO; and Peter Sandberg, CFO. (Operator Instructions) Speakers, please begin.

Per HedebÃ;ck;publ;President;CEO
Projektengagemang Sweden AB

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Hi and good morning to everyone listening in. We would like to welcome you to this Q2 2019 presentation.

This is a quarter where we continued to grow our business, which is good, but we do that with lower earnings year-on-year and this is due to lower profitability in some of our business areas. And this is a disappointment to us. However, we are glad and we are pleased to see that our hard sales work is now starting to pay off. And during the quarter, we have won a number of new contracts and frame agreements, and this is important. This includes that we have secured a high utilization in our largest business area, Systems, for the rest of the year.

So improving profitability is our top priority in the management team,

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