Bufab AB (publ) (BUFAB) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and good afternoon everyone and a warm welcome to this Q1 report from Bufab. My name is Erik Liljen, President and Senior of the Bufab Group and together with me here I have Marcus Sørenberg, our Group CFO. This presentation will be recorded and by attending to the meeting you agree to the recording. i will start this presentation to give you the highlights of the quarter after that i'll leave the word over to marcus for some financial highlights and then i will take you through the different regions performance and at the end we will have time for sum up and the q a if we start then with the highlights of the quarter uh i would say that it's a good quarter from our side i'm overall very pleased with our performance we delivered organic growth and clear improvements in both gross margin and operating margin i think we execute very well on our strategy with clear focus on improved value creation for our customers through our offering and also solutions and this work has clearly started to pay off in the quarter The organic growth was 2.2% with positive development in three of the five regions, driven by mainly higher volumes. The underlying demand remained cautious in the market. We saw good demand in industries like energy, agriculture and food and defense, while demand in construction, furniture and interior design continued to be on a low level. Both the gross margin and the operator margin increased compared with the comparative quarter and reached all-time high levels. The gross margin improved to 32.9% versus 30.3% last year. And we have now delivered 11 quarters with improved gross margin compared to comparison quarter. Our underlying cost level was slightly lower than last year and we continue to maintain a good focus on cost control while at the ...