B2 Impact ASA (STU:B28)
€ 0.775 -0.01 (-1.27%) Market Cap: 292.78 Mil Enterprise Value: 1.03 Bil PE Ratio: 10.72 PB Ratio: 0.59 GF Score: 73/100

Q2 2019 B2holding ASA Earnings Call Transcript

Aug 30, 2019 / 06:30AM GMT
Erik Just Johnsen
B2Holding ASA - CFO & Interim CEO

(foreign language) Welcome to second quarter presentation for B2Holding. This will be webcast, so the presentation will be in English. My name is Erik Johnsen. I'm the interim CEO. The presenter today will be Rasmus Hansson, which is the IR representative as well as the M&A Director in B2Holding. It's been an extraordinary quarter for B2Holding. And I hope that we, during this presentation, will give you an understanding what has happened and as well as how the future will go forward for B2Holding.

During the first -- during the second quarter, we had a gross collection of NOK 1.2 billion. We also had a good cash EBITDA of NOK 993 million, nearly NOK 1 billion. The gross revenue before the revaluation was NOK 800 million, in line with the previous quarters. But we had a reporting loss of NOK 270 million due to the actualization/revaluation of our secured portfolios in particular 3 countries. We also had some net improvement in some of the other countries, and we will get back to this.

Leverage ratio is still verifying a solid

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