Boule Diagnostics AB (BOUL) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Boule Diagnostics Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.858 Good morning and welcome to our Quarter 1, 2026 earnings call. 00:00:04.858 -- 00:00:08.785 My name is Michael Avenkafelt. I'm the CFO of Bull Diagnostics. 00:00:08.785 -- 00:00:13.011 And with me today, I have Torben Nielsen, our CEO. 00:00:13.011 -- 00:00:17.678 We will be recording this session and after the formal presentation, we will open up 00:00:17.678 -- 00:00:20.322 for questions on the line and in the chat. 00:00:20.322 -- 00:00:23.865 With that, I will hand it over to you, Torben. 00:00:24.789 -- 00:00:26.772 Thank you, Michael. 00:00:26.772 -- 00:00:32.459 The first quarter of 2026 represents an important step forward for Boone. 00:00:32.459 -- 00:00:37.766 Despite continued external headwinds, we returned to organic growth, delivered 00:00:37.766 -- 00:00:43.154 our fourth consecutive quarter of positive operating cash flow, and completed several 00:00:43.154 -- 00:00:48.381 critical operational milestones that strengthened the foundation for improved profitability 00:00:48.381 -- 00:00:50.682 going forward. 00:00:51.726 -- 00:00:56.765 During the quarter, we saw improved underlying demand across key parts of our portfolio, 00:00:56.765 -- 00:01:02.171 and sales of our five-part systems almost doubled year on year. 00:01:02.171 -- 00:01:07.758 OEM sales, on the other hand, were impacted by changing customer patterns, which significantly 00:01:07.758 -- 00:01:10.381 affected quarterly comparisons. 00:01:10.381 -- 00:01:15.387 The outlook for our OEM business stays strong, and we expect sales to catch up in the 00:01:15.387 -- 00:01:17.667 coming months. 00:01:18.210 -- 00:01:23.396 During the quarter, we successfully completed a site consolidation in Sweden, an important 00:01:23.396 -- 00:01:27.832 milestone in our ma...