Cavotec Group AB (CCC) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.482 Good morning and welcome to Covertech's first quarter presentation 2026. 00:00:05.482 -- 00:00:10.732 I am David Pogels, CEO of Covertech, and together with me today, 00:00:10.732 -- 00:00:16.980 as I have, as usual, Joakim Wallfist, my CFO at Covertech. 00:00:21.783 -- 00:00:25.589 I would like to start with a short introduction of Cavitech. 00:00:25.589 -- 00:00:31.254 For those of you who are not familiar with us yet, Cavitech was founded 00:00:31.317 -- 00:00:34.982 more than 50 years ago by three entrepreneurs in Sweden. 00:00:34.982 -- 00:00:40.550 Since the foundation, Cavitech has focused on delivering innovative engineered solutions 00:00:40.550 -- 00:00:45.557 that enhance safety, reliability and performance in areas such as ports 00:00:45.557 -- 00:00:50.605 and other industries where our electrical cable reels or radio remote 00:00:50.605 -- 00:00:53.346 controls are needed. 00:00:53.744 -- 00:00:58.771 Our products enable the cabotization of ports, mines and other industrial 00:00:58.771 -- 00:01:00.771 applications. 00:01:01.294 -- 00:01:07.322 As part of its global expansion, Cabotek moved to Switzerland in 2007, 00:01:07.322 -- 00:01:12.389 but last year we successfully completed the move back of our registered office back to 00:01:12.389 -- 00:01:15.613 our roots in Sweden in Stockholm. 00:01:15.613 -- 00:01:21.040 As part of the transaction, we are relisted on Nasdaq Stockholm 00:01:21.040 -- 00:01:24.254 with our new Swedish parent company. 00:01:24.254 -- 00:01:28.156 These moves bring us closer to our shareholder 00:01:28.178 -- 00:01:33.861 base in Sweden and will enable us to become more efficient in Asia. 00:01:34.383 -- 00:01:39.366 At present, we are across the globe, roughly 700 employees. 00:01:43.172 --...