Bergman & Beving AB (publ) (BERG_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Bergman Beving Q1 twenty twenty six Report Presentation. For the first part of the presentation, participants will be in listen only mode. During the questions and answers session, participants are able to ask questions by dialing 5 on their telephone keypad. If you are listening to the presentation via webcast, you can ask written questions using the form below. Now I will hand the conference over to speakers CEO, Magnus Sotterlein and CFO, Peter Schoen. Please go ahead. So good morning everyone and welcome to the presentation here of our financial report for the first quarter fiscal year twenty six-twenty seven. So I'm Magnus Hodlind and I have also Peter Schoen here on the side. Hi everyone. So just to give you some highlights from the quarter. On the underlying market, the key things are two, I would say. I mean, see some effect of the Iran conflict in rising raw material costs and energy prices and also in freight costs, and that is something that we had great focus to manage during the quarter. So I would say all the companies that are affected of these kind of increases have proactively worked with price adjustments. And on a group level, I would say we have been successful in doing so. So we don't currently see that we should have any negative effect of this, at least on the short term perspective. If we look at the market, we are 40% exposed to the construction industry, then mainly in The Nordic and The UK, and then 60% of revenue is to the industry segments. And both of them are current that we still we feel are cautious. We don't see they are declining, but they're not increasing in a big term anyway. And we had some positive signs end last calendar year, but our kind of hypothesis is that the Iran conflict has partly put some damp on the r...