H+H International A/S (OCSE:HH)

kr 95.9 8.5 (9.73%) Market Cap: 1.57 Bil Enterprise Value: 2.45 Bil PE Ratio: 0 PB Ratio: 0.99 GF Score: 75/100

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Q1 2019 H+H International A/S Earnings Call Transcript

May 14, 2019 / 08:30AM GMT

Release Date Price: kr109 (-2.68%)

Transcript

Bjarne Pedersen;H International A;S;VP of Business Development;IR

+/-&

Good morning and welcome to the conference call on H+ H interim results for the first quarter of 2019. With me is CEO Michael Andersen; CFO, Ian Perkins; and my name is Bjarne Pedersen from Investor Relations. On our homepage, there's a presentation available. We will now go through the presentation. There's a page number in the bottom right corner, and we will refer to this as we go through the presentation. For your information, the call, including subsequent questions are being recorded for playback on our website.

On Slide #2, there is an agenda. There we talk facts about H+ H and a forward -- a disclaimer on the forward-looking statements.

Move to Slide #3 and the financial highlights. Revenue in the first quarter of 2019 was DKK 666 million, it's an increase of 53%, of which 22% is organic growth and the rest predominantly coming from the acquisitions of HDKS in Germany and Switzerland, and Grupa Silikaty in Poland, the rest is an FX exchange

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