SATS ASA (OSL:SATS)
kr 37.65 +0.10 (+0.27%) Market Cap: 7.62 Bil Enterprise Value: 13.73 Bil PE Ratio: 22.41 PB Ratio: 5.66 GF Score: 58/100

Q4 2024 Sats ASA Earnings Call- Q&A for investors and analyst Transcript

Feb 12, 2025 / 09:00 AM GMT
Release Date Price: kr29.6 (+4.78%)

Key Points

Positve
  • SATS ASA (STU:2S0) reported strong financial performance with rolling 12-month revenues exceeding 5 billion NOK and EBIT of 525 million NOK.
  • The company achieved significant revenue growth of 7%, EBTA growth of 37%, and EBIT growth of 87% in Q4 2024.
  • SATS ASA (STU:2S0) successfully reduced its debt by 103 million NOK, bringing the leverage ratio of net debt to EBTI before IFRS down to 1.4%.
  • The company initiated a share buyback program of 100 million NOK as part of its shareholder distribution strategy.
  • Investments in product offerings and club upgrades have led to increased member engagement and loyalty, with a 7% increase in workouts and a 15% increase in group training participation.
Negative
  • Despite strong financial performance, SATS ASA (STU:2S0) faced a slight decline in personal training volume, which was only offset by price adjustments.
  • The company experienced a 5% increase in its cost base, primarily due to inflation and the development of more group training classes.
  • Overhead costs rose by 3% in the fourth quarter, remaining flat as a percentage of total revenues.
  • The closure of one club in Sweden and the plan for only 3 new clubs in 2025 may indicate challenges in expanding the club portfolio.
  • The company faces inflationary pressures, which could impact future cost management and pricing strategies.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SATSS.OL - Sats ASA
Q4 2024 Sats ASA Earnings Call- Q&A for investors and analyst
Feb 12, 2025 / 09:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning everyone and welcome to the presentation of SOS2024 4th quarter and full year.

I'm Sandra Grave, the CEO of SOTS, and I will present together with the CFO, Cecilia Elda.

We will run a Q&A session in Teams at 10 o'clock today, and you will find a link to this Q&A session in the queue for stock exchange announcement published this morning both at Newsweb and at Sosgroup.com.

And I'm excited to take you through the highlights of another strong quarter where we continued to see the benefits of our strategic initiatives. Let's dive into it.

Sotz is the leading fitness club operator in the Nordics, with a strong presence in our key clusters with 272 clubs and 733,000
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot