Bergman & Beving AB (publ) (BERG_B) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to the Berman & Beving financial report for our Q4 quarter. I hear on my side also Peter Schön that will come in later on in this presentation. But I will start to give some highlights from our Q4. And related to the market, the market uncertainty continued. As you all are surely aware of, it's still a geopolitical lot of uncertainties. And there has happened a lot of unpredictable things in the world that has caused what we perceive the customers to be a little bit cautious about the future. And that has partly reflected what we see that the demand in some of our companies at least. And overall, I would say the underlying market from the group level has been cautious during the quarter. And the recovery we kind of had in the last quarter, last calendar year in our Q3 quarter has weakened a little bit, I would say. It's still very uncertain to give a steady forecast what we expect going forward. But overall, I would say it's not more favorable than it was some months ago at least. But that could change hopefully in the next coming weeks or months. But still we achieved, I think it was a good quarter. We continue to have improved earnings, margins, returns, and also earnings per shares improvements. We have a focus on profit over turnover. So the turnover was in total 1% down, even if we had some organic growth 1% in this quarter. And the adjusted EBITDA was plus 11%. And we now have 25 consecutive quarters with improved profits. And also the margin continues to improve. We then had an adjusted EBITDA margin in the quarter of 11%. That's 1.5% unit improvement compared with the previous year quarter. And our profitability measured as profitable working capital increased 5% units and is now up to 36%. And the earnings per share rolling ...