Inwido AB (publ) Q4 2023 Earnings Call Transcript - Thomson StreetEvents

Inwido AB (publ) Q4 2023 Earnings Call Transcript

Inwido AB (publ) Q4 2023 Earnings Call Transcript - Thomson StreetEvents
Inwido AB (publ) Q4 2023 Earnings Call Transcript
Published Feb 08, 2024
12 pages (7128 words) — Published Feb 08, 2024
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About This Report

  
Abstract:

Edited Transcript of INWI.ST earnings conference call or presentation 8-Feb-24 9:00am GMT

  
Brief Excerpt:

...Good morning, everybody. My name is Peter Welin, and I am the CFO as well as acting CEO of Inwido until the April 10, when Fredrik Meuller will join us. With me today, I have Jonna Opitz. She is Executive Vice President of Communications, as well as interim Executive Vice President for Western Europe. Before we go into the Q4 result, we have a short introduction to Inwido, if someone is new to Inwido. Inwido is a leading window group, a company or group in Europe, mainly in Northern Europe. We are a clear market leader in a Nordic region with strong presence in UK and in Ireland. We have also sales and production in Poland, and we have also e-commerce sales in (technical difficulty) production. Also production in Romania and Estonia. Net sales last year was SEK9 billion. Return on operating capital was 15.4%, and we are approximately 4,700 employees. In the bottom, you can see that we are -- we have many brands. And why do we have some in the brands? Because windows and doors, especially...

  
Report Type:

Transcript

Source:
Company:
Inwido AB (publ)
Ticker
INWI.ST
Time
9:00am GMT
Format:
PDF Adobe Acrobat
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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: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : Hi, Peter. Thanks for your presentation. And I wanted to start by asking you, now in Q1, how does your direct material costs look? Are they higher or lower? And maybe if you could shed some light on sort of glass wood and aluminum, if that's possible? That's my (multiple speakers) REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 08, 2024 / 9:00AM, INWI.ST - Q4 2023 Inwido AB (publ) Earnings Call


Question: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : Right. Very good. Thank you. And I just noticed in the e-commerce business, there seems to be a fairly -- the small outcome in terms of margins again, is there anything going on there or is it some sort of cost of expanding somewhere? Why are the margins down in that business?


Question: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : As well pricing .


Question: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : So basically, when we look at that particular unit with revenues down 3%. Organically, I think it was -- you're saying that price are actually down, volumes are stable. Is that roughly the development or something like that?


Question: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : Okay. All right. Thank you. That explains a bit on that. Can you just explain what happened in the financial net in this quarter ? Seems to be a very large positives in that.


Question: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : Can you just sort of give some -- is it like SEK20 million, SEK25 million, or something? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 08, 2024 / 9:00AM, INWI.ST - Q4 2023 Inwido AB (publ) Earnings Call


Question: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : Very good. Excellent. Thanks a lot.


Question: Rasmus Engberg - Handelsbanken Capital Markets - Analyst : Thanks. Just a follow up question on the cash flow. It seems as though, obviously, there is an effect here of coming from weak sales, meaning that the receivables are down quite a lot helping your working capital. But is that a correct interpretation? I know that you have down-payment -- you've prepayments on the consumer side. So I'm just wondering if you could explain a little bit what's going on in the working capital right here because it's pretty big moves?

Table Of Contents

Inwido AB (publ) Q1 2025 Earnings Call Transcript – 2025-04-24 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 24-Apr-25 8:00am GMT

Inwido AB (publ) Q4 2024 Earnings Call Transcript – 2025-02-04 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 4-Feb-25 9:00am GMT

Inwido AB (publ) Q3 2024 Earnings Call Transcript – 2024-10-22 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 22-Oct-24 8:00am GMT

Inwido AB (publ) Q2 2024 Earnings Call Transcript – 2024-07-12 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 12-Jul-24 8:00am GMT

Inwido AB (publ) Q1 2024 Earnings Call Transcript – 2024-04-23 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 23-Apr-24 8:00am GMT

Inwido AB (publ) Q3 2023 Earnings Call Transcript – 2023-10-24 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 24-Oct-23 8:00am GMT

Inwido AB (publ) Q2 2023 Earnings Call Transcript – 2023-07-14 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 14-Jul-23 8:00am GMT

Inwido AB (publ) Q1 2023 Earnings Call Transcript – 2023-04-25 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 25-Apr-23 8:00am GMT

Inwido AB (publ) Q4 2022 Earnings Call Transcript – 2023-02-07 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 7-Feb-23 9:00am GMT

Inwido AB (publ) Q2 2022 Earnings Call Transcript – 2022-07-15 – US$ 54.00 – Edited Transcript of INWI.ST earnings conference call or presentation 15-Jul-22 8:00am GMT

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MLA:
Thomson StreetEvents. "Inwido AB (publ) Q4 2023 Earnings Call Transcript" Feb 08, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2023-Inwido-AB-publ-Earnings-Call-T15880083>
  
APA:
Thomson StreetEvents. (2024). Inwido AB (publ) Q4 2023 Earnings Call Transcript Feb 08, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2023-Inwido-AB-publ-Earnings-Call-T15880083>
  
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