AF Gruppen ASA (0DH7) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.318 This is a presentation of the first quarter of 2026 for the AF Group. 00:00:05.318 -- 00:00:07.741 Today's theme 00:00:07.741 -- 00:00:13.168 is power and energy, and will be presented to the board of directors Tormod Solberg. 00:00:13.168 -- 00:00:18.374 There will be opportunities for questions and answers after the presentation, 00:00:18.374 -- 00:00:24.680 and later today a general meeting will be held here at Construction City. 00:00:27.284 -- 00:00:33.134 Main points in this quarter. Our turnover ended at about 8 00:00:33.134 -- 00:00:38.763 billion, with a result before tax of 318 million, 00:00:38.763 -- 00:00:43.090 which gives a result margin of 4%. The cash 00:00:43.090 -- 00:00:47.056 flow from drift was 347 00:00:47.056 -- 00:00:52.084 million, and we had an order entry in this quarter of about 7.7 00:00:52.084 -- 00:00:57.879 billion. Årdreserven per 31. mars var på 44,5 00:00:57.879 -- 00:01:03.238 milliarder, og vi har en nettorentebærende fordring på 1,9 00:01:03.238 -- 00:01:05.238 milliarder. 00:01:07.750 -- 00:01:11.695 In AF, we start with safety and health first. 00:01:11.695 -- 00:01:16.721 We had four incidents in this quarter that led to 00:01:16.721 -- 00:01:19.885 injury or serious personal injury without 00:01:19.885 -- 00:01:25.332 injury. When we divide that by the millions of hours that we 00:01:25.332 -- 00:01:31.460 and our sub-entrepreneurs perform, we get a H1 value of 0.8. 00:01:31.460 -- 00:01:35.666 The response last year was 0.9. And 00:01:35.666 -- 00:01:39.131 if we look at the H-value, it is 6.9 00:01:39.131 -- 00:01:42.877 versus 8 last year. 00:01:42.877 -- 00:01:46.502 It is going in small steps in the right direction. 00:01:46.502 -- 00:01:52.371 However, we must strengthen the survival...