Nordic Waterproofing Holding AB (FRA:9ZQ)
€ 14.3 0 (0%) Market Cap: 344.90 Mil Enterprise Value: 419.14 Mil PE Ratio: 18.84 PB Ratio: 2.17 GF Score: 80/100
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Q1 2021 Nordic Waterproofing Holding AB Earnings Call Transcript

Apr 27, 2021 / 08:00AM GMT
Release Date Price: €18.7 (+4.24%)
Operator

Ladies and gentlemen, welcome to the Nordic Waterproofing Q1 Report 2021. Today, I am pleased to present CEO, Martin Ellis; and CFO, Per-Olof Schrewelius. (Operator Instructions) Speakers, please begin.

Martin Ellis;publ;CEO
Nordic Waterproofing Holding AB;President & Member of Executive Board

()- -

Thank you very much. Welcome, everyone. I'm very happy to present our first quarter results to you. Thanks for calling in. We've had a strong quarter on the -- both the top and the bottom line. It started out quite soft because of weather conditions. We had sort of a normal winter, whereas the last 3 winters were unusually mild. But there has been an acceleration in March. And we also were able to make 4 acquisitions. So we're again on the acquisition trail to start the year.

Moving to Page 2, a few details about our top and bottom line development. Our net sales increased by 5% all in all, 2% organic growth in local currency, 7% came from the acquisitions and a 4% negative currency effect because of the strong

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