Schouw & Co A/S Q2 2023 Earnings Call Transcript

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

Question: AndrT Thormann - Danske Bank A/S, Research Division - Analyst : So I just have a few questions. First of all, just as a follow-up on your initial comments in both GPV and Fibertex Personal Care around basically, what indications do you already have now for 2024? And what comments can you give because I know you write something about it on Fibertex Personal Care but also gave some initial comments here on 2024 in GPV. So I wonder if you could elaborate more about both of these. 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 15, 2023 / 1:30PM, SCHO.CO - Q2 2023 Schouw & Co A/S Earnings Call

Question: AndrT Thormann - Danske Bank A/S, Research Division - Analyst : Okay. But just one follow-up on GPV. Are large customers also starting to postpone orders that was placed in 2024?

Question: AndrT Thormann - Danske Bank A/S, Research Division - Analyst : Okay. And on Fibertex Personal Care, it sounds like we should already now start to expect a much worse year than 2023 for that business. Is that correctly assumed?

Question: AndrT Thormann - Danske Bank A/S, Research Division - Analyst : Okay. Then another question is in terms of Fibertex Nonwovens. I just noticed at least as far as I understood it, the factory in U.S. has been postponed. What's the reason for that?

Question: AndrT Thormann - Danske Bank A/S, Research Division - Analyst : Okay. And just my last question is in terms of your expectation around net financials, which is now updated. Can you just give a bit of flavor on what your underlying assumption is for interest rates, et cetera. So we maybe can better predict at this time.