Q2 2019 Scandi Standard AB (publ) Earnings Call Transcript

Aug 21, 2019 / 06:30AM GMT
Operator

Ladies and gentlemen, welcome to the Scandi Standard interim report for the second quarter 2019. My name is Charlotte, and I'll be coordinating your call today. (Operator Instructions)

I will now hand over to your host, Leif Bergvall Hansen, to begin. Leif, please go ahead.

Leif Bergvall Hansen - Scandi Standard AB(publ)-CEO - President & MD

Thank you. Good morning, everybody, and welcome to our second quarter interim report. It's a quarter where we delivered strong growth, strong growth in both sales, earnings and in cash flow. We came out with a revenue growth of 10%, driven by price and also increased yield of value-added items. We increased EBIT with 24%. The biggest contributor there were our product mix improvement. 57% increase in earnings per share. We delivered a strong operating cash flow, and 16% return on equity.

If you are flipping page, we have a breakdown of the 10% top line growth, 6% being underlying revenue growth, driven by a strong performance, both within the Chilled Ready-to

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