Schouw & Co A/S Q3 2024 Earnings Call Transcript - Thomson StreetEvents

Schouw & Co A/S Q3 2024 Earnings Call Transcript

Schouw & Co A/S Q3 2024 Earnings Call Transcript - Thomson StreetEvents
Schouw & Co A/S Q3 2024 Earnings Call Transcript
Published Nov 12, 2024
14 pages (7598 words) — Published Nov 12, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of SCHO.CO earnings conference call or presentation 12-Nov-24 3:00pm GMT

  
Brief Excerpt:

...Good afternoon, and welcome to our Q3 presentation. Our company had a very satisfactory development under difficult conditions. We saw a lot of volatility and tough competition continues. Our top line was down 9% to DKK9.5 billion. Here, we experienced effect from raw materials and in general activity level. Our industrial businesses saw a softer demand in the quarter. Our EBITDA was down 8% to DKK834 million. And again, we experienced continued good development in BioMar, satisfying also that we could keep our margins at good levels despite of tough competition and softer demand. Our cost base has, however been under pressure from inflation in the quarter. We continue our strong focus on delivering results in 2024, it's a year of consolidation, our investments level lower than in previous years. We are running profit protection plans in all our companies among other things, reduction of our FTE base and of course, also our cost base in general. We have also decided to investigate a value...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Co A/S
Ticker
SCHO.CO
Time
3:00pm GMT
Format:
PDF Adobe Acrobat
Buy Now

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

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Claus Almer - Nordea - Analyst : Thank you. First of all, congratulations with your decision to look into the future of BioMar. That has been discussed for quite a while, I guess. My first question goes to the company descriptions in the report. A theme for most of the divisions are pricing pressure intensified competitive landscape and so on. So the first question is to what degree is this materially different to the situation after the second quarter?

Question: Claus Almer - Nordea - Analyst : Okay. Because then when I read what, well, first of all, what you said through this presentation, but also what is in the report, it sounds like most initiatives on the cost side is more a continuation of what you have already put in motion to restructuring Personal Care, Nonwovens and the like, more than a more broad-based cost saving exercise?

Question: Claus Almer - Nordea - Analyst : What I'm trying to figure out, is this just the normal personal care and those issues we have learned for quite a while? Or are you being in more of a cost cutting mode given how the macro situation is developing? That was more what I'm trying to figure.

Question: Claus Almer - Nordea - Analyst : Makes sense. Okay. Then my second question, and I know this is early days. And I guess you would be surprised if we didn't ask about BioMar. So BioMar is outweighing my comment or questions about the working capital. So how should we think about a possible proceed coming out of the BioMar IPO? What is the likely use of the proceed if you decide to move forward with that decision?

Question: Claus Almer - Nordea - Analyst : Okay. I guess that's the closer I get in this topic. So that was all for me. Thank you so much.

Table Of Contents

Schouw & Co A/S Q1 2025 Earnings Call Transcript – 2025-05-02 – US$ 106.00 – Edited Transcript of SCHO.CO earnings conference call or presentation 2-May-25 8:00am GMT

Schouw & Co A/S Q4 2024 Earnings Call Transcript – 2025-03-06 – US$ 54.00 – Edited Transcript of SCHO.CO earnings conference call or presentation 6-Mar-25 9:30am GMT

Schouw & Co A/S Q2 2024 Earnings Call Transcript – 2024-08-15 – US$ 54.00 – Edited Transcript of SCHO.CO earnings conference call or presentation 15-Aug-24 1:30pm GMT

Schouw & Co A/S Q3 2023 Earnings Call Transcript – 2023-11-14 – US$ 54.00 – Edited Transcript of SCHO.CO earnings conference call or presentation 14-Nov-23 2:30pm GMT

Schouw & Co A/S Q2 2023 Earnings Call Transcript – 2023-08-15 – US$ 54.00 – Edited Transcript of SCHO.CO earnings conference call or presentation 15-Aug-23 1:30pm GMT

Schouw & Co A/S Q1 2023 Earnings Call Transcript – 2023-05-04 – US$ 54.00 – Edited Transcript of SCHO.CO earnings conference call or presentation 4-May-23 1:30pm GMT

Schouw & Co A/S Q4 2022 Earnings Call Transcript – 2023-03-03 – US$ 54.00 – Edited Transcript of SCHO.CO earnings conference call or presentation 3-Mar-23 10:00am GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Schouw & Co A/S Q3 2024 Earnings Call Transcript" Nov 12, 2024. Alacra Store. May 05, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Schouw-Co-A-S-Earnings-Call-T16181688>
  
APA:
Thomson StreetEvents. (2024). Schouw & Co A/S Q3 2024 Earnings Call Transcript Nov 12, 2024. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Schouw-Co-A-S-Earnings-Call-T16181688>
  
US$ 54.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.