Solar AS (STU:ZVR)
€ 44.8 -0.85 (-1.86%) Market Cap: 331.38 Mil Enterprise Value: 510.20 Mil PE Ratio: 16.89 PB Ratio: 1.43 GF Score: 77/100

Q1 2021 Solar A/S Earnings Call Transcript

May 06, 2021 / 09:00AM GMT
Release Date Price: €76.8 (+1.59%)
Operator

Ladies and gentlemen, welcome to the Solar quarterly report Q1 2021. (Operator Instructions) Today, I'm pleased to present CEO, Jens Andersen. Please go ahead with your meeting.

Jens E. Andersen;S;CEO
Solar A;MD of Denmark & Member of Executive Board

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Thanks a lot. A very warm welcome to this first quarter webcast for the Solar group, which is also the first quarter in our new 3-year strategic CORE+ period. Together with me here in Vejen at our headquarter, I have my colleague, CFO, Michael Jeppesen. The agenda for today is a general business update presented by me, then I will give you some insight in our focus area industry. Then Michael will take and present our first Q results including a high level cash flow status and naturally some comments to the recently revised guidance for the year 2020.

Then finally, we will, of course, have our Q&A session. Next slide, please. With a good start of year 2021, our first Q EBITDA increased by DKK 62 million year-over-year, to DKK 204 million and exceeded

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