Bergman & Beving AB (publ) (BERG_B) Q1 2025 Earnings Call

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WEBVTT 00:00:00.942 -- 00:00:06.493 Good morning, everyone. This is Magnus Söderlund, and welcome to our financial 00:00:06.493 -- 00:00:09.979 report for the first quarter presentation here. 00:00:09.979 -- 00:00:15.725 And together with me on this call, I also have our CFO, Peter Schoen. 00:00:15.725 -- 00:00:17.667 And 00:00:17.667 -- 00:00:23.172 we will, as always, have a Q&A in the end session. 00:00:23.172 -- 00:00:28.456 And you also have the opportunity to put some questions live here 00:00:28.456 -- 00:00:34.520 that we will take care of them after we have made this presentation. 00:00:34.702 -- 00:00:38.463 So I will then start with some highlights. 00:00:38.465 -- 00:00:40.126 So, 00:00:40.126 -- 00:00:44.665 sorry, the first quarter we increased earnings, EBTA. 00:00:44.665 -- 00:00:50.293 We increased profitability that we measure as profitable working capital and 00:00:50.293 -- 00:00:54.219 adjusted. We also increased earnings per share. 00:00:54.219 -- 00:00:59.043 So overall, I think we did a good quarter despite 00:00:59.466 -- 00:01:03.291 still tough underlying market conditions. 00:01:03.291 -- 00:01:08.421 So we increased the turnover by 5% and this is driven 00:01:08.421 -- 00:01:13.487 by acquisition and selective some some of our companies has also had had an 00:01:13.487 -- 00:01:18.975 increase in turnover. But on aggregating level organically, we had 00:01:18.975 -- 00:01:23.761 a small decline actually in the quarter. And this is reflecting the market conditions, 00:01:23.761 -- 00:01:25.603 I would say. 00:01:25.603 -- 00:01:28.206 So despite this, we increased the EBITDA by 9%. 00:01:28.206 -- 00:01:34.615 And we now have 22 consecutive quarters with improved profits. 00:01:34.615 -- 00:01:39.681 And we also strengthened the EBTA margi...