Q2 2023 Duni AB Earnings Call Transcript

Feb 13, 2024

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Jul 14, 2023 / 11:00AM GMT
Operator

Ladies and gentlemen, welcome to the Duni Q2 Interim Report. Today, I'm pleased to present President and CEO, Robert Dackeskog; and CFO, Magnus Carlsson. (Operator Instructions) I now hand over to Robert Dackeskog. Please go ahead.

Robert Dackeskog - Duni AB(publ)-President&CEO

Thank you. Yes. Hi, and welcome to the Duni Group Q2 report. Yes, we're building a platform for sustainable growth, Duni Group. First, start with some highlights of the quarter.

So sales continue to increase and the market show resilience with healthy demand. People are out eating, traveling and so on, in the same pace. Price compensations measures were taken in 2022 and in the beginning of 2023 here. And together with high efficiency in our production, the gross margin has strengthened. I'll come back to that more as well.

So historically, strong Q2. The operating income ended up at SEK 170 million, which is an increase of 87% versus Q2 2022. And operating cash flow of SEK 354 million derived from inventory

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