Gustav Schwerin
Analyst, Handelsbanken
Replay available
Beijer Ref AB (publ) (STO: BEIJ_B) Q1 2025 earnings conference call, held 2025-04-24. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:06.021 Hi everyone, Christopher and Joel here. Welcome to Q1 2025 00:00:06.021 -- 00:00:08.021 report. 00:00:09.186 -- 00:00:14.314 So we'll get straight into some of our slides and then we'll finish off as usual 00:00:14.314 -- 00:00:18.612 with a Q&A. so uh summarizing 00:00:18.612 -- 00:00:24.382 uh q1 um from from our point of view a good quarter uh 00:00:24.382 -- 00:00:29.791 across the globe um and part of the heading of course was a very very good eps 00:00:29.791 -- 00:00:32.415 growth and we'll come back to that 00:00:32.415 -- 00:00:36.602 uh but a total sales growth of 16 percent 00:00:36.602 -- 00:00:42.049 uh while the organic growth was four percent uh and pretty stable 00:00:42.049 -- 00:00:47.794 or good across the globe us we'll come back to that and then may and apec 00:00:47.794 -- 00:00:51.958 we continue to have good growth from acquisition which of course is part of the the business 00:00:51.958 -- 00:00:56.983 model which we will continue going forward with um so all in all uh we 00:00:56.983 -- 00:01:02.128 would say a stable good first quarter um especially with some 00:01:02.128 -- 00:01:07.412 uncertain times here it i would say it shows the model continues to be uh 00:01:07.412 -- 00:01:12.983 very good in even in these times And then on the EBITDA, a growth of 13% 00:01:12.983 -- 00:01:14.406 with 00:01:14.406 -- 00:01:20.478 stable margins compared to last year. We'll come back a little bit more 00:01:20.478 -- 00:01:27.106 on the different regions, but 9.4%. So happy with the margin development in Q1. 00:01:27.106 -- 00:01:30.848 Also cash flow positive. Of 00:01:30.931 -- 00:01:36.318 course, the people who knows Bayer F in details, usually Q1 and Q2 00:01:36.318 -- 00:01:37.860 is 00:01:37.860 -- 00:01:44...