May 02, 2025 / 08:00AM GMT
Jens Bjerg Soerensen - Schouw & Co A/S-President - Chief Executive Officer
Welcome to Schouw & Co's Q1 presentation. I will, as usual go through the presentation. And then afterwards, I will open up for questions.
Schouw & Co. had in the quarter, a satisfying quarter. We performed well in very difficult times. You could say that somewhat soft development was expected. And we also have to acknowledge that the uncertainty in the business environment, of course, also in one or another way, impacted our businesses.
But we came out of the quarter as expected. Our top line was flat with DKK7.9 billion, and EBITDA was as expected, down 13% to DKK565 million. 2024 Q1 was positively impacted from one-offs of around DKK65 million.
Our cash flow continued with very good traction and came in with DKK220 million for the quarter. Schouw & Co. continues to evaluate the potential IPO of BioMar. It's likely that the banking syndicate is established in the near future. Of course, the actual business climate needs also to be taken into
Q1 2025 Schouw & Co A/S Earnings Call Transcript
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