QleanAir AB (OSTO:QAIR)
kr 19.5 -3.5 (-15.22%) Market Cap: 289.75 Mil Enterprise Value: 459.51 Mil PE Ratio: 14.49 PB Ratio: 1.63 GF Score: 61/100

Q4 2021 Qleanair AB Earnings Call Transcript

Feb 11, 2022 / 09:00AM GMT
Release Date Price: kr53.6 (-9.46%)
Christina Lindstedt
QleanAir AB - CEO

Welcome to our Q4 and 2021 results presentation. I would like to start from page 4, and I will start by summarizing our key takeaways from Q4.

And I am very proud to say that we continue our strong growth in our air cleaning product category, and we are up by 120% compared to the same period last year. And I'm equally happy that we also continue to grow our cleanroom business where we are up by 72% compared to the same period last year. And that means that our two new product categories, our growth product categories together represent the 43% of our total sales, which is a very important development, which is completely in line with our strategy.

We also continue to increase our installed base and delivered an increase of 19%. And in terms of sales value, we delivered growth of 12% reaching SEK120 million adjusted for currency fluctuation. When it comes to the margin, we delivered an EBIT level of 15.2% in the quarter, which was lower than previous quarters, and that was partly linked to investments in sales driving activity and the marketing. On

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