Beijer Alma AB (publ) (BEIA_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Welcome to this webcast for the first quarter in 2025 of Bayer Alma. Myself, I've been in position about less than one month, but I've been with the company on the board for a number of years. The picture you see now on the first page is actually from one of our latest acquisitions, Svemas. And they are the customer basis, the infrastructure, especially in Sweden. I guess most of you know who we are. We are Listy since many years. And personally, I regard us as a serial acquirer. uh even though market may not have been anticipated the company in that way and if we look at the figures the market situation as everyone knows is very unstable and and things happening day from day to day but in our case the first quarter was a good quarter If we look at the different regions, the Nordic region in general delivered good growth, combination of organic and acquired growth. And Le Sjefors, that's working a lot with the springs, are working worldwide and have a mixed demand, but actually has some organic growth in sales and order bookings. Chassis Springs, which is a separate business within Leche Forge, was slightly lower than last year, but a little bit higher margin. And Chassis Springs are springs to used cars. So that's actually where you replace the factory managed springs with replacements. In the industry segment, Asia, Nordics and US industrial contributed to growth. We have one acquisition we did a few years ago, AlcomX in Holland, and there we have some problems with their market of door springs, because they are connected to the construction market, and that is, as everyone knows, on a low level in Europe. We are working on ways to solve the problem, but still we are negatively affected by this situation. Biotech, who can see an overall stable demand, bu...