Q4 2020 Clas Ohlson AB Earnings Call Transcript
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Good morning, and welcome to this presentation of the Q4 Year-End Report '19/'20 for Clas Ohlson. My name is Lotta Lyrå, I'm the CEO, and I will do this presentation together with Pär Christiansen, our CFO.
To start off with, this report, in short, we see strong underlying growth -- strong organic growth in our Nordic home markets, very much fueled by a very strong online development. We see strong underlying performance. We have, during the quarter, completed our Clas Ohlson 100+ action program. We delivered for the full year, a margin of 5.2%, within the range of 4% to 6% that we have promised. And we have a very solid financial position with net debt-to-EBITDA being close to 0.
The agenda for this morning's presentation is that I will go through the business and the Clas Ohlson 100+ update. Pär will then take you through the financial development and the events after the reporting period. And then we will do a summary and have a Q&A.
Starting off with
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