Ambu A/S (OCSE:AMBU B)
kr 132 2.05 (1.58%) Market Cap: 35.15 Bil Enterprise Value: 35.39 Bil PE Ratio: 95.66 PB Ratio: 6.27 GF Score: 84/100

Preliminary Q3 2022 Ambu A/S Earnings Call Transcript

Aug 04, 2022 / 06:15AM GMT
Release Date Price: kr74.7 (-7.82%)
Britt Meelby Jensen;S;CEO;Member of Management Board
Ambu A

/-&

Yes. So good morning, everyone. We would like to welcome you to our investor call this morning, which we are hosting on the basis of the company announcement that was sent out yesterday evening. We appreciate that you are joining the call today with, both the short notice, but also in the middle of the summer to discuss the updates that we announced.

So if we turn to Page 2, I would like to introduce the host of today's call, and that is a new management, myself, Britt Meelby Jensen, joined as the CEO of Ambu end of May. And with me today, I have Thomas Frederik Schmidt, who joined as the CFO of Ambu the 1st of June.

So if we go to the next slide, with the announcement yesterday, we are communicating 3 different topics. First of all, we are announcing preliminary results from Q3 ahead of time. We grew 8% in the quarter. The anesthesia and PMD business were the key drivers of growth where visualization was flat. Also, we are announcing a cost reduction program that we are

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