Netcompany Group A/S Q2 2023 Earnings Call Transcript

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

Question: Yiwei Zhou - SEB, Research Division - Analyst : I have 2 questions left here, both are follow-up. Firstly, I just also want to ask you about the Norwegian business. And could you maybe indicate a bit what level of top line do you need to deliver in Norway for you to be breakeven? And could you also maybe comment or indicate, if you still use the Danish pyramid resource in Norway? And I'll do the next question -- I'll do next question later.

Question: Yiwei Zhou - SEB, Research Division - Analyst : Okay. Fair enough. And then my next question is on the Danish operation. 11% headcount growth in the quarter. So I understand you have laid off some and which is still booked there. But could you maybe indicate the underlying, sort of get how the growth, if you adjusted for those layoffs?

Question: Yiwei Zhou - SEB, Research Division - Analyst : Great. And just, I want to follow-up on this. So if we assume -- if we assume the private segment -- private segment projects coming a bit later than you expected, let's say, not in Q3 but in Q4 so we should still see a short-term dilutive impact on the margin in Q3?