Cargotec Corporation (0MGH) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.959 Welcome to HIAP's first standalone earnings call. 00:00:03.959 -- 00:00:10.252 In the first quarter, our profitability improved, driven by strong execution in all divisions. 00:00:10.252 -- 00:00:14.640 My name is Aki Vesikallio. I'm from HIAP's investor relations. 00:00:14.640 -- 00:00:20.412 The results will be presented in more detail by our CEO, Scott Phillips, and the CFO, 00:00:20.412 -- 00:00:22.813 Mikko Puolakka. 00:00:24.044 -- 00:00:27.569 First, Scott will go through the group-level topics. 00:00:27.569 -- 00:00:32.916 Then Mikko will dive deeper into the reporting segments, equipment and services, 00:00:32.916 -- 00:00:36.300 as well as financials and outlook. 00:00:36.300 -- 00:00:40.706 After Mikko's presentation, Scott will return to the stage for the key takeaways of the 00:00:40.706 -- 00:00:42.409 quarter. 00:00:42.409 -- 00:00:46.434 After the presentation, there will be a Q&A session. 00:00:46.434 -- 00:00:50.236 With that, over to you, Scott. 00:00:50.740 -- 00:00:53.120 Thank you, Rocky. 00:00:57.136 -- 00:01:00.641 Good morning, everyone, from my side. 00:01:00.641 -- 00:01:05.527 In summarizing the quarter, I'd characterize it as Team HIAB delivered a strong start 00:01:05.527 -- 00:01:07.190 to the year. 00:01:07.190 -- 00:01:11.836 The team and our partner network continue to do a nice job of executing our strategic 00:01:11.836 -- 00:01:17.163 priorities around innovation, commercial, and supply chain excellence, and delivering 00:01:17.163 -- 00:01:20.766 our services and segment growth plans, 00:01:20.768 -- 00:01:26.814 all of which enabled HIAB to deliver strong results across all key KPIs. 00:01:27.157 -- 00:01:31.725 With the growing trade and geopolitical tensions, the level of market uncertainty ...