Scandi Standard AB (OSTO:SCST)
kr 142.6 +1.6 (+1.13%) Market Cap: 9.32 Bil Enterprise Value: 11.84 Bil PE Ratio: 21.44 PB Ratio: 3.25 GF Score: 72/100

Q1 2023 Scandi Standard AB (publ) Earnings Call Transcript

May 03, 2023 / 06:30AM GMT
Release Date Price: kr54.7 (+3.21%)
Operator

Hello, and welcome to today's Scandi Standard Interim Report for the First Quarter 2023. My name is Bailey, and I'll be your moderator for today's call. (Operator Instructions)

I would now like to pass the conference over to our host, Jonas Tunestål, CEO. Sir, please go ahead.

Jonas TunestÃ;l;publ;MD;CEO
Scandi Standard AB

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Good morning, everyone, and welcome to this presentation of Scandi Standard's Results for Q1 2023. I'm Jonas Tunestål, CEO and Managing Director, of Scandi Standard. With me, I have Julia Lagerqvist, our CFO, and I'm pleased to have her by my side today to report a strong result in a challenging market.

So next slide, please. And on this slide, you can see this is another step towards full recovery. We have had 18% growth, and we have compensated for part of the inflation, and we also delivered strong export markets. So we have delivered an EBIT of SEK 93 million, and it's a strong EBIT improvement compared to last year, but still, a material

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