Duni AB (OTCPK:DUNNF)

$ 10.28 0 (0%) Market Cap: 463.63 Mil Enterprise Value: 507.81 Mil PE Ratio: 12.42 PB Ratio: 1.36 GF Score: 85/100

Q3 2023 Duni AB Earnings Call Transcript

Oct 24, 2023 / 08:00AM GMT

Release Date Price: $12.4

Transcript

Operator

Ladies and gentlemen, welcome to the Duni Q3 interim report. Today, I'm pleased to present President and CEO, Robert Dackeskog; and CFO, Magnus Carlsson. (Operator Instructions) I will now hand you over to Robert. Please go ahead.

Robert Dackeskog

Duni AB - President & CEO

Hello and welcome to the interim report for Q3 '23, where we're building a platform for sustainable growth. And then we are starting out a little bit with the highlights of the quarter.

So sales continue to increase with the strong market resilience, but we saw some weak demand at the end of the quarter. And we'll come back a bit to that, but we met quite strong numbers from Q3 last year after the pandemic and all the restrictions opening up last year in the summer.

The margin came in with the trend shift and are back on levels before the pandemic. And the operating income had a significant improvement compared to the same period versus last year. And also, a very strong quarter historically, of course. We have good cost control and reduced inflation rates are the main

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