Arcoma AB (ARCOMA) Q1 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Pencer Access by Carnegie. My name is Hjalmar and I work as an analyst. I'm here with Mattias Leire, who is the CEO of Arcoma. Welcome, Mattias. Thank you. You have released your Q1 report today, which we are going to talk about. So I think we'll jump straight in and start with North America. Very strong growth here. Could you quickly talk about the key factors? It's a strong growth despite the fact that you met and then we held simple comparison talks here. We see that our partners in North America, Canon, continue with their momentum driven by investing in markets. They have made long-term commercial investments that are now starting to pay off and continue the trend. So they have found and unlocked the key to the market in a different way than they have seen before. And how is their position in the market today and how does it compare to what their ambitions are? I think they want more than what they are right now. It is generally on imaging and you can also see in their own report. So they are a strong player but have absolutely a higher ambition than where they are right now. If we look at the underlying market in North America, how would you describe it? The economy is going strong in North America. We can see that with inflation figures. There is a strong desire to invest and there is money for investments. I think the market is going strong, but we also see clearly that they are taking market shares. If we look at the products, then you mention Precision i5 goes strong here in the quarter. This was a product that was launched when the market was very active. How would you say that the development looks right now? Is it that we see that the growth of this system is taking off or what is it that we see happening right now? When we see that ...