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

Q4 2021 Solar A/S Earnings Call Transcript

Feb 10, 2022 / 10:00AM GMT
Release Date Price: €95.3 (+4.96%)
Operator

Welcome to the Solar Annual Report 2021. (Operator Instructions) Today, I am pleased to present CEO, Jens Andersen; and CFO, Michael Jeppesen. Speakers, please begin.

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

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Thank you. A very warm welcome to this fourth quarter webcast for the Solar Group. Together with me here in Vejen, I have my colleague, CFO, Michael Jeppesen.

The agenda for today is a general business update with highlights for year 2021 presented by me. Then, I will give you some insights about our ongoing CV investments and our revised target and ambitions. Then, Michael will present our 4Q results, including a high-level cash flow statements and naturally some comments to the year 2021 and our guidance for year 2022. And then, of course, a Q&A session.

Next slide, please. With an all-time high EBITDA of DKK 911 million, an increase compared to last year of 43% or DKK 274 million, we can look back on a very strong year where we also slightly exceeded

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