Ferronordic AB (OSTO:FNM)

kr 83.5 -0.5 (-0.6%) Market Cap: 1.21 Bil Enterprise Value: 2.76 Bil PE Ratio: 0 PB Ratio: 0.72 GF Score: 32/100

Q4 2023 Ferronordic AB Earnings Call Transcript
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kr68.1 (-3.54%)

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Q2 2023 Ferronordic AB Earnings Call Transcript
Aug 17, 2023

kr69.1 (-5.34%)

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Q1 2023 Ferronordic AB Earnings Call Transcript
May 11, 2023

kr92 (-2.13%)

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Q4 2022 Ferronordic AB Earnings Call Transcript
Feb 17, 2023

kr86.1 (+2.50%)

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Q3 2022 Ferronordic AB Earnings Call Transcript
Nov 11, 2022

kr45.85 (+18.32%)

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Q2 2022 Ferronordic AB Earnings Call Transcript
Aug 17, 2022

kr35.65 (-3.65%)

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Q1 2022 Ferronordic AB Earnings Call Transcript
May 12, 2022

kr39.6 (+4.21%)

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Q4 2021 Ferronordic AB Earnings Call Transcript
Feb 18, 2022

kr214.5 (+0.23%)

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Q3 2021 Ferronordic AB Earnings Call Transcript
Nov 12, 2021

kr345 (+11.29%)

Earnings
Q2 2021 Ferronordic AB Earnings Call Transcript
Aug 12, 2021

kr285.5 (+14.66%)

Earnings
Q1 2021 Ferronordic AB Earnings Call Transcript
May 12, 2021

kr242 (+7.80%)

Earnings
Q3 2020 Ferronordic AB Earnings Call Transcript
Nov 12, 2020

kr164.8 (+4.57%)

Earnings
Q2 2020 Ferronordic AB Earnings Call Transcript
Aug 13, 2020

kr143.8 (+13.59%)

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Q1 2020 Ferronordic AB Earnings Call Transcript
May 13, 2020

kr95 (-5.00%)

Earnings

Q2 2021 Ferronordic AB Earnings Call Transcript

Aug 12, 2021 / 06:00AM GMT

Release Date Price: kr285.5 (+14.66%)

Transcript

Operator

Ladies and gentlemen, welcome to the Ferronordic audiocast with conference Q2, 2021. Today, I am pleased to present CFO, Erik Danemar; and CEO, Lars Corneliusson. (Operator Instructions)

Speakers, please begin.

Lars Corneliusson

Ferronordic Machines AB - CEO & President

Okay. Thank you. Good morning, everybody. This is Lars Corneliusson here, and I'm happy to present our second quarterly results for this year.

If we move on to slide number 2, you can see that overall, it was a record operating results for us, with Russian sales up 31% in revenue and market is picking up speed. We saw strong performance in our aftermarket and contracting services businesses. In Germany, we had truck sales in units, which were up 47% compared to Q2 last year, and obviously we then gained market shares. We continued our investments in the service network and organization in Germany.

And for the group then, record operating results despite negative currency effects both in Russia and in Germany. And we had strong operating cash flows as working

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