Nilfisk Holding AS (STU:NF1)
€ 19.1 0.92 (5.06%) Market Cap: 510.50 Mil Enterprise Value: 775.60 Mil PE Ratio: 13.51 PB Ratio: 1.63 GF Score: 75/100

Q1 2019 Nilfisk Holding A/S Earnings Call Transcript

May 15, 2019 / 08:00AM GMT
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Nilfisk First Quarter 2019 Interim Report. (Operator Instructions)

I must advise you that this conference is being recorded today, on the 15th of May 2019.

I would now like to hand the conference over to your speaker today, Hans Henrik Lund. Please go ahead, sir.

Hans Henrik Lund;S;CEO;Member of Executive Management Board
Nilfisk Holding A

/-&

Thank you very much, operator, and thank you for joining the Nilfisk Q1 interim report for '19 presentation. I'm here with Karina, as always, and I would be delighted to walk you through sort of the highlights and the business units update, and then Karina will dive into the financials and the outlook.

If I characterize Q1 the way we see it, it was a quarter that was directionally right with a couple of disappointments. We are content with the fact that our branded business grew 2.8%, which we believe competitively is good. It's driven by EMEA, who has done

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