Q2 2023 Sats ASA Earnings Presentation Transcript
Good morning, and welcome to our quarterly presentation. I'm Sondre Gravir, the CEO of SATZ, and I'm here with Cecilie Elde, SATS CFO. We will run a Q&A session today in Teams at 10:00 to allow some more time to look into the report and numbers. It's worth noting that this will be a pure Q&A session without any further presentation. You will find the link to this Q&A session in the invitation to this presentation, both at NewsWeb and on our website.
First, let's take the highlights from the quarter. Revenues in the quarter increased by 12% currency adjusted and 18% non-adjusted. The revenue growth is driven both by a combination of increased number of members and higher yield. We have, throughout the quarter, had strong cost control mitigating the current inflationary pressure. The result is a
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