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

Q3 2019 Nilfisk Holding A/S Earnings Call Transcript

Nov 14, 2019 / 09:00AM GMT
Release Date Price: €16.46 (+2.75%)
Operator

Ladies and gentlemen, thank you for standing by. And welcome to the Nilfisk Q3 Interim Report 2019 Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, the 14th of November 2019.

And now I would like to turn 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, operator. Thank you all for joining us for the Q3 announcement call. And I'm here with Karina, as always. And I would like to kick you off with the highlights, what are we looking at. And as you know already, we had a very tough quarter in Q3, mostly impacted by the financial conditions in EMEA, which hurt us significantly and drove us down with a minus 7.0% in Europe, driven out of the Central region, driven out of Germany. We also had a difficult situation in APAC with minus 5.4%. And then finally, Americas with minus 1.1%, mainly driven out of the high-pressure

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