Elmera Group ASA (STU:1ZK)
€ 3.095 -0.05 (-1.59%) Market Cap: 342.45 Mil Enterprise Value: 408.06 Mil PE Ratio: 17.77 PB Ratio: 3.20 GF Score: 75/100

Q4 2022 Elmera Group ASA Earnings Call Transcript

Feb 16, 2023 / 07:00AM GMT
Release Date Price: €1.36 (-0.07%)
Morten A. W. Opdal

Welcome, everyone, to Elmera Group's fourth quarter results presentation. My name is Morten Opdal, Head of Investor Relations at Elmera, and I will be guiding you through today's presentation. Today's event is a webcast only and the presentation will be held by our CEO, Rolf Barmen; and our CFO, Henning Nordgulen. We will conduct a Q&A session at the end. And as there is some delay on the broadcast, we encourage you to submit your questions during the presentation. Please welcome the first speaker, Rolf Barmen.

Rolf Barmen
Elmera Group ASA - President & CEO

Thank you, Morten. Good morning, everyone. Let's start with the -- going to Page #2 and start with the highlights of this quarter. The quarter has been a challenging one with extreme market volatility and product migration in the consumer segment, which has impacted the group's results significantly. The group's net revenue was NOK 372 million this quarter and EBIT adjusted was NOK 28 million. This is in line with the communication and stock exchange notice from December. The customer

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