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

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WEBVTT 00:00:00.031 -- 00:00:05.381 Good morning everyone and welcome to the Berman & Beving financial report 00:00:05.381 -- 00:00:08.146 for our Q4 quarter. 00:00:08.146 -- 00:00:12.133 I hear on my side also Peter Schön that will 00:00:12.133 -- 00:00:17.442 come in later on in this presentation. But I will start to give some highlights from 00:00:17.442 -- 00:00:19.707 our Q4. 00:00:19.707 -- 00:00:24.558 And related to the market, the market uncertainty continued. 00:00:24.558 -- 00:00:29.811 As you all are surely aware of, it's still a geopolitical 00:00:29.811 -- 00:00:32.176 lot of uncertainties. 00:00:32.176 -- 00:00:36.947 And there has happened a lot of unpredictable things 00:00:36.947 -- 00:00:41.958 in the world that has caused what we perceive the customers to be a little 00:00:41.958 -- 00:00:43.682 bit cautious 00:00:43.682 -- 00:00:45.266 about 00:00:45.266 -- 00:00:49.034 the future. And that has partly reflected 00:00:49.034 -- 00:00:51.279 what we see that 00:00:51.279 -- 00:00:54.925 the demand in some of our companies at least. 00:00:54.925 -- 00:00:59.932 And overall, I would say the underlying market from the group level has been cautious 00:00:59.932 -- 00:01:02.416 during the quarter. And 00:01:02.416 -- 00:01:07.663 the recovery we kind of had in the last quarter, last calendar 00:01:07.663 -- 00:01:11.606 year in our Q3 quarter has 00:01:12.210 -- 00:01:17.517 weakened a little bit, I would say. It's still very uncertain to give a steady forecast 00:01:17.517 -- 00:01:22.610 what we expect going forward. But overall, I would say it's not 00:01:22.610 -- 00:01:26.464 more favorable than it was some months ago at least. 00:01:26.464 -- 00:01:31.578 But that could change hopefully in the next coming weeks or months. 00:01:31.578 -- 00:01:36....