Bergman & Beving AB (publ) (BERG_B) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. This is Magnus Söderlind, and on my side here I have Peter Schoen. So welcome to our financial report for the last fiscal quarter up until March 2025. So we will have, as normal, a Q&A in the end, and it's also possible for you to post questions along the way that we will then answer when we have ended this session. So just starting with some highlights from the first quarter, we have experienced still a sluggish market. I previously said that the best KPI from an aggregated group level is number of employees in the construction and industry sector in the Nordics. And new figures indicate that there has been a 2% decrease in the Nordics. This is a mixture from Q1 calendar figures in Sweden and Finland and Q4 figures for Norway. But overall, This is very representative for how we perceive the underlying market during the last quarter. Despite that, we have increased earnings and profitability and also the earnings per share. So we increased the turnover by 8%. The majority of this is acquisition driven turnover. We also increased the EBITDA with the same figure, 8%. and we were able to maintain the EBITDA margin 9.5% compared with 9.6% last year quarter. And we have now seen the effect of lower interest rates. So the EBIT adjusted has increased 23%. And when I say adjusted, we have adjusted for the goodwill right on we have made this quarter and why I will come back to that later on is related to the agreement of selling skydda Nordic. We have continued to work on capital efficiency. So we have now increased the profit of working capital, our measurement with 5% units in this quarter and this year. This is a roll in 12 figures. And I said earlier, the earnings per share, and this is also adjusted for the Goodwill write-down, has improved to... ...