BHG Group AB (publ) (BHG) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Bhg Group Ab.

Watch the replay

Replay transcript excerpt

WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04264-6df0-78f3-8275-c5909d913462 Created: 2026-08-27T08:44:34.795Z Duration: 1244.04 Channels: 1 00:00:01.360 -- 00:00:04.080 Welcome, and good morning. My name is Gustaf 00:00:04.080 -- 00:00:06.080 Horn, CEO of BHG, 00:00:06.080 -- 00:00:07.839 and thank you for joining our q '1 00:00:07.839 -- 00:00:08.959 earnings call. 00:00:09.200 -- 00:00:11.920 With me today is our CFO, Jesper Flemmer. 00:00:12.474 -- 00:00:15.034 I'll begin with an overview of the quarter, 00:00:15.115 -- 00:00:17.035 followed by Jesper, who will take us through 00:00:17.035 -- 00:00:18.954 the financials in more detail. 00:00:19.275 -- 00:00:21.195 I will summarize the port, and then we 00:00:21.195 -- 00:00:22.634 will open up for questions. 00:00:23.115 -- 00:00:24.154 Next slide, please. 00:00:26.289 -- 00:00:28.529 Let me start with the key takeaways. 00:00:28.609 -- 00:00:30.130 We have in the first quarter of the 00:00:30.130 -- 00:00:33.250 year delivered a strong improvement to profitability 00:00:33.329 -- 00:00:37.329 while continuing to grow and significantly reduced leverage. 00:00:37.809 -- 00:00:40.449 Adjusted EBIT year on year more than doubled 00:00:40.449 -- 00:00:43.815 in the quarter driven by improved gross margins, 00:00:44.055 -- 00:00:47.894 disciplined cost control and continued organic growth, 00:00:48.295 -- 00:00:50.934 a clear indication that our strategy and focus 00:00:50.934 -- 00:00:54.215 on operational execution is driving tangible results. 00:00:55.190 -- 00:00:58.550 The profit improvement in combination with a strong 00:00:58.550 -- 00:01:01.110 cash flow enabled us to end the quarter 00:01:01.110 -- 00:01:04.390 with a significantly lower leverage than last year. 00:01:05.110 -- 00:01:06.23...