Midsona AB (OSTO:MSON A)

kr 10.5 0 (0%) Market Cap: 1.30 Bil Enterprise Value: 1.80 Bil PE Ratio: 0 PB Ratio: 0.50 GF Score: 75/100

Q3 2022 Midsona AB Earnings Call Transcript

Oct 25, 2022 / 09:00AM GMT

Release Date Price: kr14.32 (+0.62%)

Transcript

Peter Ãsberg

Midsona AB - President & CEO

Thank you so much, and welcome to today's call. Midsona is facing some difficult times, and as we have been very hard hit by cost inflation. That said, I'm of the opinion that we do have solid plans for the future and that we -- that the management and the Board are 100% committed to turn this situation around. And this is what I will dedicate most of my presentation towards today.

We turn to page number 2. And before we continue, I just want to make you aware that this presentation may contain forward-looking statements and that such statements are based on current expectations and are subject to both risks and uncertainties.

Please go to page number 3 in the presentation. And this is a summary of the main events for the quarter. I think it's important to state that we do see a relatively solid demand for our conventional brands like Friggs, Earth Control, Gainomax and Swebar. Sales was strong, very strong in the quarter. For organic product, it was more of a mixed bag of results. Our brands did show slight declines in size while our

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