Schouw & Co A/S Q2 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Jonas Guldborg Hansen - Danske Bank A/S, Research Division - Analyst : I have 3 questions, and let's take them one by one. First of all, I would like you to talk a little bit about how COVID-19 is affecting the 2 Fibertex companies. And by that, I mean, is the high capacity utilization we saw in Q2, is that still going on here halfway through Q3? In your prepared statement, you talked about future opportunities in Fibertex Nonwovens. I think in the announcement, you're saying that on the other side of COVID-19, we don't expect any impact on Fibertex Personal Care. But if you could talk a little bit about how COVID-19 will affect the 2 Fibertex companies longer term, if at all? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 14, 2020 / 12:00PM, SCHO.CO - Q2 2020 Schouw & Co A/S Earnings Call

Question: Jonas Guldborg Hansen - Danske Bank A/S, Research Division - Analyst : Okay. Could I -- should I understand the comments around Fibertex Personal Care as you are also then seeing an easing of, what you said, price pressure from your customers if they want to discuss already now for 2021 and '22?

Question: Jonas Guldborg Hansen - Danske Bank A/S, Research Division - Analyst : Yes. Sure. Okay. Then if you could help me on BioMar and your guidance there because as I see, you're guiding for negative revenue growth in H2, after having plus 9% in H1. So -- and also on EBITDA, you have 18% EBITDA growth in H1, but are guiding for negative EBITDA growth in H2. Could you just explain how that comes about?

Question: Jonas Guldborg Hansen - Danske Bank A/S, Research Division - Analyst : But you're guiding for negative growth in EBITDA in H2. So it's going to be...

Question: Jonas Guldborg Hansen - Danske Bank A/S, Research Division - Analyst : Okay. Makes sense. And then my last question is just really if you could give an update on your expected CapEx for 2020.