Akastor ASA (0IPT) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.901 Good afternoon, and welcome to the presentation of Akastor's first quarter results. 00:00:05.901 -- 00:00:10.789 My name is Øyvind Polske, CFO of Akastor, and I'm joined by our CEO, Mr. 00:00:10.789 -- 00:00:12.712 Karl-Erik Kjellstad. 00:00:12.712 -- 00:00:17.781 We're also pleased to have HMH with us from Houston, represented by Tom McGee, CFO, and 00:00:17.781 -- 00:00:21.091 David Bratton, SVP Finance. 00:00:21.091 -- 00:00:26.201 Kalle will start by taking us through the key highlights, followed by Tom and David with 00:00:26.201 -- 00:00:31.470 an update on HMH. I'll then cover Acosta's consolidated financials before handing 00:00:31.470 -- 00:00:35.237 it back to Kalle. We'll wrap up with a Q&A session. 00:00:35.237 -- 00:00:40.025 Feel free to submit questions at any time during the presentation. 00:00:40.025 -- 00:00:43.729 With that, I'll hand it over to Kalle. Please. 00:00:43.729 -- 00:00:48.995 Thank you, Eivind, and good afternoon and good morning to our US participants. 00:00:48.995 -- 00:00:55.262 And thanks to everyone for joining us for this first quarter Acosto earnings call. 00:00:55.262 -- 00:01:01.647 Let's start on slide two with some key highlights for the first quarter. 00:01:01.709 -- 00:01:06.554 We are pleased to deliver another good quarter marked by solid performance across our 00:01:06.554 -- 00:01:08.554 portfolio. 00:01:08.678 -- 00:01:12.928 HMH reported an EBITDA of US$33 00:01:12.928 -- 00:01:14.551 million 00:01:14.551 -- 00:01:19.663 in line with the first quarter last year, and with a free cash flow of 00:01:19.663 -- 00:01:22.189 US$15 million. Order 00:01:22.189 -- 00:01:24.655 intake was US$198 00:01:24.655 -- 00:01:29.452 million, implying a booked bill of one. 00:01:29.452 -- 00:01:34.621...