Itera ASA (LTS:0MQA)

kr 13.2 0 (0%) Market Cap: 936.05 Mil Enterprise Value: 978.86 Mil PE Ratio: 20.63 PB Ratio: 14.81 GF Score: 76/100

Half Year 2022 Itera ASA Earnings Call Transcript

Aug 25, 2022 / 07:30AM GMT

Release Date Price: kr12.1

Transcript

Arne MjÃ;s

Itera ASA - Founder & CEO

¸ -

Hello, everyone. Welcome to the interim report for the second quarter. My name is Arne MjÃ¸s. I'm Chief Executive Officer. And together with me today, we also have Bent Hammer, Chief Financial Officer, where we are going to go through the same agenda as the previous quarter.

So I take the highlights of the quarter and the business review section and then Bent Hammer will join in and take the financial review and outlook. There are also a chat. So if you have any questions, please post the questions in the chat, and we will look into it during the Q&A session. Otherwise, you can invite Bent and myself to a meeting, so we can go into more details as needed.

Okay. Let's start with the highlights for the second quarter. In brief, I will say we had an organic growth of 22%. Everything at Itera we talk about numbers is organic. We don't have any kind of acquisition in the revenue. So it's a pure organic-driven company that delivered 22% organic revenue growth and had an operating margin of 11.2%.

As you know, when we

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