Jan 31, 2024 / 09:00AM GMT
Operator
Welcome to Dometic Q4 report 2023. Today, I am pleased to present CEO, Juan Vargues; CFO, Stefan Fristedt; and Head of Investor Relations, Rikard Tunedal. (Operator Instructions)
Now, I will hand the conference over to the speakers. Please go ahead.
Juan Vargues - Dometic Group AB(publ)-Chief Executive Officer
Hello. Good morning, everybody, and most welcome to this final quarterly report for 2023. Let's move to the highlights of the fourth quarter without any further delays.
So market conditions are still soft. Of course, we are happy to report an increased margin and improved net debt leverage. We see improvements in retail inventory levels both in terms of service and aftermarket as well as distribution. We see as well a continued decline on the OEM driven by Marine, while we perceive as well that RV is becoming more stable, especially in North America, where the last two months, the association has published the numbers and they are positive for the last two months of 2023.
Looking at performance
Q4 2023 Dometic Group AB (publ) Earnings Call Transcript
Feb 13, 2024
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