Clavister Holding AB (publ.) (CLAV) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to our Clavister Q1 interim report presentation. My name is Aurore Gautheur, and I will be your host for today's session. And presenting the report today are John Vesperi, Clavister CEO, and David Nordstrom, Clavister CFO. We will start today's session with the presentation of the Q1 report, and then we will have a time for Q&A. So please use the Q&A box to submit your questions throughout the presentation, and we will get to them towards the end. And now, without further delay, I would like to hand over to you, John, for the presentation. Thank you very much, Aurora, and again, welcome. As usual, starting with a quick summary of the quarter of Q1. Taking a bit of an outlook first into the geopolitical situation, not dwelling it into too much, but it is a very important point that I think sets the narrative for both current, but definitely future growth of Clavister. So, I mean, obviously it's no news. We have wars raging close to our borders. We have all the hybrid warfare going on. We see attacks on critical infrastructure, on energy grids, on the financial systems. Just the other week, we had a blackout of the Swedish bank ID system as one example. What might be... less obvious, but for us in the industry, it's very obvious these days, seeing a strong pro-European agenda driven by political leaders in Europe, by business leaders. with the narrative to drive a European digital sovereignty. In other words, having less dependency on American, Israeli and other countries' technologies. Naturally, as a cybersecurity company, this is good news. I mean, the reasons are perhaps not good given what's happening in the world, but the consequences for European industry is good, especially in the cybersecurity industry. So we see examples happening al...