Cavotec Group AB (CCC) Q1 2025 Earnings Call

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WEBVTT 00:00:00.959 -- 00:00:06.029 Good morning and welcome to Cavitec's first quarter presentation. 00:00:06.029 -- 00:00:11.320 I'm David Pagels, I'm the CEO of Cavitec and together with me today I have 00:00:11.320 -- 00:00:16.466 as usual Joakim Wahlqvist, Cavitec's CFO. 00:00:20.247 -- 00:00:24.633 Let me as usual start with a short introduction of Cavitech. 00:00:24.633 -- 00:00:29.420 This year we are celebrating our 50 years anniversary. 00:00:29.420 -- 00:00:34.527 I think that the key takeaway from our long history is our ability to innovate 00:00:34.527 -- 00:00:38.172 and to adapt to changing market conditions. 00:00:38.172 -- 00:00:40.716 Not least in these times 00:00:40.716 -- 00:00:46.124 when we are living in an uncertain world with many rumors, speculations and changes 00:00:46.124 -- 00:00:49.308 and unclear messages, this is an important 00:00:49.308 -- 00:00:51.308 ability. 00:00:51.955 -- 00:00:57.564 Cavatec is specialized in developing, designing and delivering electrification and automation 00:00:57.564 -- 00:01:01.948 solutions to different industrial applications. 00:01:02.813 -- 00:01:07.781 With our offering, we target a number of industries and over the past years, the ports 00:01:07.781 -- 00:01:13.166 and maritime sector has developed our strongest customer segment. 00:01:13.758 -- 00:01:17.724 We contribute to reducing emissions in, and 00:01:17.724 -- 00:01:22.933 among other places, ports, while our solutions also help to lower noise 00:01:22.933 -- 00:01:24.933 levels. 00:01:28.862 -- 00:01:31.747 As you know, we report two business segments. 00:01:31.747 -- 00:01:33.630 Our service 00:01:33.630 -- 00:01:38.638 offering is reported into those two business segments, ports and 00:01:38.638 -- 00:01:41.332 maritime, as well as indust...