Q3 2019 Scandi Standard AB (publ) Earnings Call Transcript
Good morning, good afternoon, and welcome to the Scandi Standard Q3 results call. (Operator Instructions)
I would now like to hand over to Leif Bergvall Hansen to begin.
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Good morning, everybody. So our Q3 report, another quarter with solid development, 12% growth in net sales and 23% increase in EBIT. We saw a 13% increase in adjusted EBIT -- EPS, sorry, and a strong operational cash flow and also a 16% return on equity.
Going on to Page 4. We have produced some breakdown on our strong top-line growth of 12%, 10% of which is underlying revenue growth driven by strong demand of Ready-to-cook products with very solid growth, like I'm going to show about -- show you a little about that later. We have seen the new capacity in Ready-to-eat is boosting sales, and we also have a positive impact from the price increases that we have implemented following the raw material increases earlier in the year. So those are the 10%. In addition to
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