HMS Networks AB (FRA:4H3A)
€ 37.9 -2.16 (-5.39%) Market Cap: 1.88 Bil Enterprise Value: 1.89 Bil PE Ratio: 39.09 PB Ratio: 9.56 GF Score: 94/100

Q1 2021 HMS Networks AB Earnings Call Transcript

Apr 23, 2021 / 07:00AM GMT
Release Date Price: €34.35 (+7.01%)
Operator

Ladies and gentlemen, welcome to HMS Networks' Q1 Report for 2021. (Operator Instructions) Today, I am pleased to present Staffan Dahlstrom, CEO; and Joakim Nideborn, CFO. Please begin your meeting.

Staffan Dahlstrom;publ;Co;Founder
HMS Networks AB;CEO & President

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Thank you. Good morning, everybody, Staffan Dahlstrom here. So the agenda for today is a short summary and introduction of HMS, I will take a small business update and then leave over to Joakim for a more detailed financial update, and we end the call today with a Q&A.

So just take a quick look on the financial summary for quarter 1. We are super happy. It's springtime outside, but also springtime for HMS, good growth. Net sales growth at 26% despite some headwinds on currency, but we had a fantastic order intake, growing with 41% compared to quarter 1 last year, which was a quite okay quarter for us before the pandemic hit us in 2020.

So with this, we also have a stable gross margin. We are keep on improvement

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