Ratos AB (STU:RAZB)
€ 2.918 0.006 (0.21%) Market Cap: 959.25 Mil Enterprise Value: 1.61 Bil PE Ratio: 12.41 PB Ratio: 0.96 GF Score: 74/100

Q4 2023 Ratos AB Earnings Call Transcript

Feb 12, 2024 / 08:00AM GMT
Release Date Price: €3.25 (+9.21%)
Josefine Uppling Ratos AB;VP
Communication & Sustainability

Good morning, and welcome to this presentation covering fourth quarter and the full year of 2023 in Ratos. I am joined by Jonas Wiström, our President and CEO, and Jonas Ãgrup, our CFO here in the studio, and they will guide us through the results. This webcast is also recorded, and you can find that at ratos.com afterwards.

Well, without further ado, I'll hand over to you, Jonas Wiström.

Jonas WistrÃ;m Ratos AB;President;CEO

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Thank you, Josefine, and thank you, everyone, for joining this meeting this winter morning in Stockholm. We turn to the first slide showing the full year of 2023. I think this is the best year we have done so far since we changed the strategy in 2018 and started to reduce debt and increase EBITDA. This is yet another a year, we have done that, and I think it's the best year.

For the year, EBITA grow with 14%. And we had strong EBITA growth in both industry and construction and services. EBITA

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