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

Q3 2022 Solar A/S Earnings Call Transcript

Nov 03, 2022 / 10:00AM GMT
Release Date Price: €76.9 (+4.20%)
Operator

Welcome to quarterly report Q3 2022. (Operator Instructions)

Today, I'm pleased to present CEO, Jens Andersen; CFO, Michael Jeppesen. Speaker, please begin.

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

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A very warm welcome to this third quarter webcast for the Solar Group, together with me here at our headquarter in Vejen, I have my colleague, CFO, Michael Jeppesen.

The agenda for today is a general business update with some highlights presented by me. Then I will give you some insights about our second largest customer segment industry. Then Michael will present the 3Q results, including a high-level cash flow status and that's with some comments to our guidance for year 2022. And finally, we have our Q&A session.

Next slide, please. If we start with the highlights. In Q3, we delivered an EBITDA increase compared to last year of DKK 64 million, up DKK 301 million, reaching a 9.2% EBITDA margin. The positive development resulted in a return on invested

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