Norbit Asa (NBITF) Q4 2024 Earnings Call

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WEBVTT 00:00:01.128 -- 00:00:07.834 Welcome to Norbit's fourth quarter and full year 2024 presentation. 00:00:08.558 -- 00:00:10.858 Today it's 00:00:11.261 -- 00:00:13.822 exactly one 00:00:14.065 -- 00:00:15.827 day before 00:00:15.827 -- 00:00:19.072 we can celebrate Norbit's 30th 00:00:19.072 -- 00:00:22.236 birthday. So 00:00:22.236 -- 00:00:23.798 on 00:00:23.798 -- 00:00:28.569 February 14th 1995, 154,000 Norwegian 00:00:29.037 -- 00:00:34.193 kroner was deposited on a bank account in Serbius Baribank as share 00:00:34.193 -- 00:00:38.603 capital. It's been a very interesting journey. 00:00:38.603 -- 00:00:44.392 It's a lot of revealing stuff to think about, but we cannot dwell on the past 00:00:44.392 -- 00:00:47.576 having so much exciting and 00:00:47.576 -- 00:00:52.043 opportunities in front of us. So 00:00:52.043 -- 00:00:57.151 in addition to presenting the results for last year, we will also give you 00:00:57.151 -- 00:01:01.695 insight today on our ambitions for 2025. 00:01:03.397 -- 00:01:05.301 The end 00:01:05.301 -- 00:01:07.204 of 00:01:07.204 -- 00:01:12.314 last year was a very good end so it 00:01:12.314 -- 00:01:17.343 was a new record and being a company with ambitions of 00:01:17.343 -- 00:01:22.713 consistent growth we need to have records many quarters A 00:01:22.713 -- 00:01:24.713 40% 00:01:25.317 -- 00:01:29.965 increase from the Q4 in 2023 00:01:29.965 -- 00:01:35.153 is satisfying and it's good to see that this comes from strong 00:01:35.153 -- 00:01:38.699 underlying growth in all business segments. 00:01:38.699 -- 00:01:40.283 We 00:01:40.283 -- 00:01:45.657 also saw a good margin improvement. So having a 26% 00:01:45.657 -- 00:01:52.034 EBIT margin, giving us then a record high EBIT on 145 00:01:52.034 -- 00:01:55.980 million NOX ...