Aker Asa A Shs (AKAAF) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Aker Asa Class A.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.140 Good morning and welcome to the presentation of Auker's first quarter results for 00:00:05.140 -- 00:00:07.140 2025. 00:00:07.243 -- 00:00:12.352 My name is Christina Chardom and I am head of communications at Auker. 00:00:12.352 -- 00:00:18.041 We will begin today's presentation with Auker's president and CEO, Eivind Eriksson, 00:00:18.041 -- 00:00:24.128 who will take you through the quarterly highlights and recent developments in the portfolio. 00:00:24.382 -- 00:00:29.370 Our chief financial officer, Sven-Oskar Stocknes, will then cover the quarterly financials 00:00:29.370 -- 00:00:32.074 in more detail. 00:00:32.074 -- 00:00:36.681 After the presentation, we will host a Q&A session. 00:00:36.681 -- 00:00:40.844 And with that, I hand it over to Eivind Eriksen. 00:00:43.651 -- 00:00:46.690 Thank you, Kristina, and good morning, everyone. 00:00:46.690 -- 00:00:51.940 Before we dive into the first quarter results, I want to address this morning's 00:00:51.940 -- 00:00:56.148 announcement regarding Acure Horizons and Acure Carbon Caption. 00:00:56.148 -- 00:01:01.358 To summarize, the transaction includes the following steps. 00:01:01.358 -- 00:01:04.443 First, Acure Horizons. 00:01:04.443 -- 00:01:09.630 Aker Horizons will merge with Aker Against Consideration, whereby Aker Horizons 00:01:09.630 -- 00:01:14.997 shareholders will receive shares in Aker ASA and cash for each 00:01:14.997 -- 00:01:20.165 Aker Horizons share. Aker ASA will use treasury shares 00:01:20.165 -- 00:01:23.596 or issue new shares to settle this. 00:01:23.596 -- 00:01:29.126 Using existing cash, Accorizon's 2.5 billion Norwegian kroner green bond 00:01:29.126 -- 00:01:34.676 will be redeemed before its maturity date in August, which will reduce 00:01:34.676...