Webstep ASA (OSL:WSTEP)

kr 22.9 1.2 (5.53%) Market Cap: 636.37 Mil Enterprise Value: 687.37 Mil PE Ratio: 434.00 PB Ratio: 1.59 GF Score: 82/100

Q4 2022 Webstep ASA Earnings Call Transcript
Feb 21, 2023

kr27.4 (-4.20%)

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Nov 10, 2022

kr25.5 (-4.85%)

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Q2 2022 Webstep ASA Earnings Call Transcript
Aug 24, 2022

kr32.2 (-6.94%)

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Q1 2022 Webstep ASA Earnings Call Transcript
May 19, 2022

kr30.5 (+4.45%)

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Q4 2021 Webstep ASA Earnings Presentation Transcript
Feb 17, 2022
Q3 2021 Webstep ASA Earnings Call Transcript
Oct 28, 2021

kr34.7 (-0.86%)

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Q2 2021 Webstep ASA Earnings Call Transcript
Aug 24, 2021

kr29.5

Earnings
Q1 2021 Webstep ASA Earnings Call Transcript
May 20, 2021

kr30.7 (+0.33%)

Earnings
Q4 2020 Webstep ASA Earnings Call Transcript
Feb 17, 2021

kr26 (-2.26%)

Earnings
Q3 2020 Webstep ASA Earnings Call Transcript
Nov 11, 2020

kr23 (-0.86%)

Earnings
Q2 2020 Webstep ASA Earnings Call Transcript
Aug 26, 2020

kr21.8 (+5.83%)

Earnings
Q1 2020 Webstep ASA Earnings Call Transcript
May 27, 2020

kr19.9 (+5.29%)

Earnings
Q4 2019 Webstep ASA Earnings Call Transcript
Feb 12, 2020

kr23.2 (+1.75%)

Earnings

Q3 2020 Webstep ASA Earnings Call Transcript

Nov 11, 2020 / 08:00AM GMT

Release Date Price: kr23 (-0.86%)

Transcript

Arne Norheim

Webstep ASA - CEO

Welcome to our third quarter 2020 presentation of our results. My name is Arne Norheim, and I am the CEO of Webstep ASA. I will be presenting our results today, together with our CFO, Liv Annike Kverneland. We will not be answering questions at this presentation but feel free to send in your questions at [email protected], and we will respond as quickly as possible.

So let's get started. Now our agenda is unchanged from prior quarters. So let's just get right to it.

Revenue grew 6.5% with an EBIT growth of NOK 1.3 million. Sweden continues to do well and contributing to the revenue and EBIT growth. We did this while operating with a lower-than-normal utilization, driven by weak market conditions on the west coast in Norway, due in large part to the oil industry downturn. Utilization did improve throughout the quarter, and we're entering the fourth quarter closer to normal levels.

Now due to the uncertainty created by corona, we slowed our recruiting efforts in the second quarter. We deemed this necessary to ensure our focus was on keeping our staff

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