Musti Group PLC (OHEL:MUSTI)
€ 25.4 -0.35 (-1.36%) Market Cap: 848.05 Mil Enterprise Value: 987.97 Mil PE Ratio: 55.22 PB Ratio: 5.26 GF Score: 80/100

Q3 2020 Musti Group Oyj Earnings Call Transcript

Aug 04, 2020 / 11:00AM GMT
Release Date Price: €17.39 (+0.29%)
David RÃ;nnberg
Musti Group Plc - CEO

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Hello, everyone. My name is David Rönnberg. I'm CEO for Musti Group. Today we're going to present the quarter report in Helsinki Finland. We have Robert Berglund, our CFO, and he will soon speak and take over from me.

I think, Robert, you're going to show the slides. We can start with the agenda.

I don't see the slides from here. If you can show them. Is that possible?

Perfect. Thanks a lot, Robert.

So the agenda for today is that we will go through the group development. Then we will go into the segments that Robert will go through. And then the financials and market outlook.

We will do a summary with the quarter report and then going through our financial targets. But if we start by looking at the highlights. So, a very strong and profitable growth that we're showing in the third quarter. We are very pleased with the most strong third-quarter report.

Net sales grew with 16.6%, coming up to EUR68.8 million. That was mainly driven from new customers. We've seen that we are still continuing

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