Crayon Group Holding ASA (OSL:CRAYN)
kr 104.1 0.6 (0.58%) Market Cap: 9.19 Bil Enterprise Value: 10.35 Bil PE Ratio: 0 PB Ratio: 3.53 GF Score: 81/100
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Q1 2023 Crayon Group Holding ASA Earnings Call Transcript

May 23, 2023 / 06:30AM GMT
Release Date Price: kr102.8 (+17.02%)
Kjell Arne Hansen
Crayon Group Holding ASA - Head of IR

Good morning, and welcome to Crayon's Q1 2023 results presentation. My name is Kjell Arne Hansen, and I'm the Head of Investor Relations. With me today presenting the key developments and financial results for the quarter, we have our CEO, Melissa Mulholland, and our CFO, Jon Birger Syvertsen. As usual, after the presentation, there will be a Q&A session. For those of you who are following the live event, you can submit your questions via the platform. A recording of the webcast will be available on our IR pages after the live event has ended.

And with that, I hand it over to Melissa.

Melissa Mulholland
Crayon Group Holding ASA - CEO

Crayon delivered over NOK1.2 billion in gross profit in Q1, up 31% year on year, demonstrating our robust business model backed by customer demand for software and cloud. The global IT market remains strong. Despite the global macroeconomic challenges we have seen over the last year, we delivered solid gross profit growth, driven by strong performance in the

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