Nov 03, 2020 / 07:30AM GMT
Erik Just Johnsen - B2Holding ASA - CEO
Good morning, and welcome to the Q3 presentation for B2Holding. It's been a good quarter for B2Holding, and we are satisfied with the development since Q2. I would like to thank our employees for the impressive effort shown during the quarter.
We had a positive quarter with operations close to normal. When I say normal, we still had strict measures in place, with our employees working in shifts in the office and from home. The focus and response from our employees has been impressive. And the organization is well prepared for the second wave, which is now developing across Europe.
I'm also pleased to see that we reached our cost-saving targets of NOK 320 million per month in the quarter. Collection and recoveries exceeded our expectation, especially the secured recoveries were good in the quarter, and we've managed to solve some larger cases.
Investments in Q2 were kept low, as previously indicated it would be in this Q2 presentation. The third quarter is usually quiet. And in this quarter, the activity has been lower than normal. All
Q3 2020 B2holding ASA Earnings Call Transcript
Nov 03, 2020
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers