AQ Group AB (publ) (AQ) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the AQ Group Presentation for Quarter one. Nice to see you all. It's already one minute past nine. So let's start. We will go to the first point here. Normally, I have this slide. It is why you should invest in AQ Group. We have an earnings per share CAGR of 14% over the past ten years. We have made profit every quarter since the foundation in 1994. We are exposed to industrial market segment with underlying growth: electrification, including data centers, defense and medtech. We have a long history of acquisitions. And normally, we buy two to four factories. And we have a very strong balance sheet with SEK 1,000,000,000 of net cash position, excluding leasing. Some quick facts about AQ. We're 8,000 employees, 9,000,000,000 in turnover for the last year. We have seven business areas, 15 plus market segments with manufacturing in 17 countries with 4,000 customers globally. And then we made profit, as I said, every quarter for thirty one years. And we have, over the past ten years, had a 14% earnings per share CAGR. We make acquisitions every year. We try, and we are part of Johan Global Compact since 2012, which is our sustainability initiative. So for the first quarter, net sales increased by 3% to 2,300,000,000. It is a little bit better than last year. Median operating profit increased with 5% compared to the last year. And also profit after financial items increased with 9% to $223,000,000. Profit margin before tax was 9.4%, which is better than last year. And profit after tax was also better than last year at SEK179 million. Cash flow from operating activities was SEK339 million, which is much better than the year before. And also, earnings per share was up to SEK1.95 per share. Some highlights from the quarter. We are growing in data centers and defen...