Uponor Oyj (Delisted) (OTCPK:UPNRF)

$ 29.09 0 (0%) Market Cap: 2.23 Bil Enterprise Value: 2.29 Bil PE Ratio: 27.77 PB Ratio: 4.35 GF Score: 58/100

Q1 2022 Uponor Oyj Earnings Call Transcript

Apr 28, 2022 / 10:00AM GMT

Release Date Price: $17.56

Transcript

Franciska Janzon

Uponor Oyj - SVP of Communications & IR

Ladies and gentlemen, welcome to Uponor's First Quarter 2022 Results Briefing here in Helsinki. My name is Franciska Janzon. I'm from Uponor's Investor Relations team. Today, we will be starting the presentation with our President and CEO, Michael Rauterkus, followed by a presentation on financials from our CFO, Markus Melkko. After the presentations, we will open up for questions from the audience in the studio and also over the teleconference line. And with that, I hand it over to Michael.

Michael Rauterkus

Uponor Oyj - President & CEO

Good afternoon also from my side. Good afternoon from Helsinki. I'm very happy to talk to you about our Q1 results from Uponor Corporation.

So Q1 in brief. We had good sales growth of 13% to EUR 349.5 million versus last year of EUR 309.2 million and also a very solid comparable operating profit of 13.5%. So a very solid result. Our safety performance has also improved with an LTIF rate, and this came down from last year, 9.1 to 6.4. So also

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