Q4 2019 Tcm Group A/S Earnings Call Transcript
Good morning, ladies and gentlemen. We are looking forward to making a presentation of our Q4 report, which also today includes the full year of 2019. With me here today is our CFO, Mogens Elbrønd Pedersen. And I will be coming on the business and financial results. And after which, we will hand over to the operator for the Q&A session.
So please turn to Page #2. The revenue grew by 3.9% in Q4. However, the organic growth was 6%. The fourth quarter took the full year revenue above the DKK 1 billion milestone for the first time in the company's history. And this also means that TCM Group have approximately doubled its turnover during the last 4 years through organic growth and through a very successful acquisition of Nettoline.
Business to business continue to have the highest growth rates, and we can see that our strategy of expanding across the business-to-business categories are very successful.
Revenue for the quarter was DKK 262 million compared to DKK 252 million in Q4 last year. Q4 last year was a strong comparison
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