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: 30/100

Q4 2023 Ferronordic AB Earnings Call Transcript
Feb 22, 2024

kr68.1 (-3.54%)

Earnings
Q2 2023 Ferronordic AB Earnings Call Transcript
Aug 17, 2023

kr69.1 (-5.34%)

Earnings
Q1 2023 Ferronordic AB Earnings Call Transcript
May 11, 2023

kr92 (-2.13%)

Earnings
Q4 2022 Ferronordic AB Earnings Call Transcript
Feb 17, 2023

kr86.1 (+2.50%)

Earnings
Q3 2022 Ferronordic AB Earnings Call Transcript
Nov 11, 2022

kr45.85 (+18.32%)

Earnings
Q2 2022 Ferronordic AB Earnings Call Transcript
Aug 17, 2022

kr35.65 (-3.65%)

Earnings
Q1 2022 Ferronordic AB Earnings Call Transcript
May 12, 2022

kr39.6 (+4.21%)

Earnings
Q4 2021 Ferronordic AB Earnings Call Transcript
Feb 18, 2022

kr214.5 (+0.23%)

Earnings
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%)

Earnings
Q1 2020 Ferronordic AB Earnings Call Transcript
May 13, 2020

kr95 (-5.00%)

Earnings

Q1 2023 Ferronordic AB Earnings Call Transcript

May 11, 2023 / 08:00AM GMT

Release Date Price: kr92 (-2.13%)

Transcript

Lars Corneliusson

Ferronordic AB - President, CEO, & Director

Yes, good morning, everybody. This is Lars Corneliusson here, and welcome to this presentation of Ferronordic's first quarter of 2023.

If we go to slide number 2, we believe that we have reached a milestone in Germany with the posting of positive operating results in the quarter for the first time since we started operations in 2020. Overall group, we have a 39% revenue growth and strong performance in both CIS and in Germany. We had an improvement in the operating result to minus SEK14 million and operating margin to minus 2.2%. And we continue to explore, obviously, new growth opportunities for us.

In Germany, revenue increased 30% to SEK548 million, and we had strong growth in aftermarket sales. We had good growth in truck sales as well, but it's very pleasant to see that our aftermarket sales is growing very nicely. And again, we had an operating result of SEK5 million with a margin of 0.8%.

In CIS, the revenue actually more than doubled to 138%, also mainly driven by new and used equipment sales. And we

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us ETF Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.