Bittium Oyj (0JG5) Q4 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.139 Good morning everyone. My name is Carolina Malmi and 00:00:05.139 -- 00:00:09.987 I'm happy to be able to welcome you all to this press conference on Bittium Corporation's 00:00:09.987 -- 00:00:13.209 Financial Statements 2024. 00:00:13.573 -- 00:00:18.962 I'm here today with our CEO, Johan Vestermark, and he will walk you through our 00:00:18.962 -- 00:00:25.209 topics today. At the end of the presentation, we have reserved some time for Q&A, 00:00:25.209 -- 00:00:30.654 and you should find a box to type your questions on the bottom of 00:00:30.654 -- 00:00:32.895 the screen. 00:00:32.996 -- 00:00:37.401 But without further ado, I will let Johan to start. 00:00:37.401 -- 00:00:40.842 Thank you, Carolina. 00:00:41.845 -- 00:00:44.946 And good morning to everybody. 00:00:45.448 -- 00:00:49.850 Let's first start with a few statements. 00:00:50.015 -- 00:00:55.162 Some of these statements made in this material relating to future 00:00:55.162 -- 00:00:57.162 circumstances 00:00:57.205 -- 00:01:02.753 by the nature of forward-looking statements involve risk and uncertainty and Bitium 00:01:02.753 -- 00:01:08.658 Corporation disclaims all obligations to update such forward-looking statements. 00:01:12.706 -- 00:01:17.650 Then let's start with the summary of 2024. 00:01:20.272 -- 00:01:24.839 First, we can see that net sales grew, operating 00:01:24.839 -- 00:01:29.403 results and cash flow improved significantly. 00:01:30.407 -- 00:01:32.270 Net sales 00:01:32.270 -- 00:01:36.053 for the full year 24 were 85.2 00:01:38.700 -- 00:01:42.445 million euros, which was 13.2% 00:01:42.445 -- 00:01:44.445 year-on-year 00:01:45.029 -- 00:01:47.029 growth. 00:01:47.103 -- 00:01:51.067 Net sales in Q4, 24, 00:01:51.067 -- 00:01:53.109 were 33.2 00:...