Cedergrenska AB (publ) (CEDER) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.336 Yes, welcome to this report commentary with the school corporation 00:00:05.336 -- 00:00:10.320 C.D. Gränska. I have with me the founder and board member Niklas Pålsson. 00:00:10.320 -- 00:00:14.184 Welcome. Thank you so much. Nice to have you here again. 00:00:14.184 -- 00:00:18.448 You have released a report this morning for the first quarter, July and even September, 00:00:18.448 -- 00:00:23.312 in the broken year of 2014-2025. I think we will start by looking at some figures. 00:00:23.312 -- 00:00:28.617 The revenue of the movement rose to 253 million kronor, an 00:00:28.617 -- 00:00:34.062 increase of 19.3%. EBITDA rose to SEK 12.6 00:00:34.446 -- 00:00:39.716 million against SEK 4.7 last year. The EBITDA margin rose to 5.0% 00:00:39.716 -- 00:00:42.401 against SEK 2.2 00:00:42.401 -- 00:00:47.298 last year. What are your spontaneous reactions when you see these figures? 00:00:47.298 -- 00:00:50.765 First of all, we are very pleased with the quarter. 00:00:50.765 -- 00:00:56.135 This is exactly the type of start of the academic year we want to see in 00:00:56.135 -- 00:01:00.744 order to be able to reach the prognosis we have set for the whole year and to be able 00:01:00.744 -- 00:01:06.415 to feel that we are where we want to be in order to have this safe level of 00:01:06.415 -- 00:01:10.062 the sustainable economy in schools. 00:01:10.062 -- 00:01:14.347 It's completely according to our plan, I would say. 00:01:14.347 -- 00:01:19.432 You mention in your speech that you regularly have higher costs during the first quarter. 00:01:19.432 -- 00:01:21.895 Could you exemplify that a little bit? 00:01:21.895 -- 00:01:24.999 Yes, exactly. It is typically the case that in the school world, the first quarter is 00:01:24.999 -- 00:01...