Clavister Holding AB (publ.) (CLAV) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to our Q4 Interim Reports presentation. We're a minute early, but I would say, yeah, let's wait for some people to drop in. But I think, yeah, we can start rolling. So, yeah, my name is Caitlin Wood. I am your host for today's webinar. And with me is our CEO, John Vestberg, and our CFO, David Nordstrom. So we will start with the presentation of the last quarter where John will share his key business insights, followed by David sharing the financial details. And after that, we will address any questions that you have at the end of the presentation. So please post your questions in the chat and then we will pick those up after. So with that, I would like to hand over to you, John. Thank you very much, Kate. Again, welcome to this presentation. Q4 2025 concludes another year for Clavister. An interesting quarter, definitely with some both interesting metrics, but moreover, very interesting business events. Also, of course, events that took place shortly after the quarter ended, which we will talk more about as well. If we sort of try to set the headline on Q4, the headline would be, as this page or picture says, improved profitability in the transition quarter. What do we mean with that? Well, we see that our profitability Both in this quarter, both EBITDA and EBITDA and even net profit is continuously improving. That's all good, even in a quarter like this where we had a bit of challenges on the top line side and on the gross margin side. But despite that, we continue to drive the profit journey. Another headline I would say from the quarter would be still a very strong underlying market and demand. So the the net sales growth in this quarter does not represent any weakness in the market or any weakness in the demand for products or solu...