Bufab AB (publ) (BUFAB) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.778 Good morning and good afternoon everyone and warm welcome to this presentation 00:00:05.778 -- 00:00:11.044 of Bufab Q1 report. My name is Erik Lundén, President and CEO 00:00:11.044 -- 00:00:16.551 of Bufab Group and together with me here I have Per Iskog, my 00:00:16.551 -- 00:00:18.413 CFO. 00:00:18.413 -- 00:00:24.878 This presentation will be recorded and by attending to the meeting you agree to the recording. 00:00:25.141 -- 00:00:29.645 I will start this presentation to go through the first quarter highlights, and then I 00:00:29.645 -- 00:00:34.270 will leave the word over to Per Iskog for some financial highlights. 00:00:34.270 -- 00:00:38.594 After that, I will take you through the different regions' performance in the quarter, 00:00:38.594 -- 00:00:42.197 and at the end, we will have a slide about the situation in the U.S. 00:00:42.197 -- 00:00:48.922 and tariffs before we ramp up, sum up the quarter and outlook. 00:00:50.305 -- 00:00:55.348 So, let's start with the first quarter highlights. 00:00:57.271 -- 00:01:02.439 I think it was a good start of the year. If we start with the top 00:01:02.439 -- 00:01:07.707 line and sales growth, we had a sales growth of 1.6% in 00:01:07.707 -- 00:01:12.314 a quarter after several quarters of negative growth. 00:01:12.314 -- 00:01:16.357 Our organic growth was minus 0.1%. 00:01:16.500 -- 00:01:21.402 This is an improvement versus Q4 when we have minus 1.5%. 00:01:21.402 -- 00:01:26.586 Region Asia-Pacific showed strong organic growth of 17.2%, 00:01:27.209 -- 00:01:29.870 led by China. 00:01:30.433 -- 00:01:34.518 If you look at the market demand, we see continued cautious market out there. 00:01:34.518 -- 00:01:39.021 It's still a large variation across industries. 00:01:39.044 --...