Boozt AB (FRA:BOK)

€ 11.32 -0.16 (-1.39%) Market Cap: 740.90 Mil Enterprise Value: 768.26 Mil PE Ratio: 37.49 PB Ratio: 3.21 GF Score: 85/100

Q2 2021 Boozt AB Earnings Call Transcript

Aug 13, 2021 / 07:30AM GMT

Release Date Price: €17.26 (-7.30%)

Transcript

Operator

Welcome to the Boozt Audiocast Teleconference Q2 2020. Today, I am pleased to present CEO, Hermann Haraldsson; and CFO, Sandra Gadd.

(Operator Instructions) Speakers, please begin.

Hermann Haraldsson;publ;Co;Founder;Group CEO

Boozt AB

()--&

Thank you, and good morning, all, and welcome to our Q2 webcast. Let's just dive into it and start with the first slide. You look at the key highlights. As you know from our report, our growth in the quarter was 20.2% and some 23%. If you look at local currency or currency adjusted, with an adjusted EBIT margin of 6.8% versus '19, the growth is 64%, which we think is really strong. And if you look at it year-to-date, we have grown 31%. And if you look at local currency, it's 35%. So we believe it's been a good first half year. And based on that and also due to a promising start to the year -- to third quarter, we upgraded our guidance for the net revenue growth for the full year.

Having said that it's been a good start and we're quite

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