Coor Service Management Holding AB (COOR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to CORE's Q4 presentation for 2025. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to President and CEO Ola Klingenborg and CFO and IR Director Daniel Warnholtz. Please go ahead. Welcome, and thank you for listening to the Q4 report from CORE. I will start by giving you an update on the fourth quarter highlights and talk about the market conditions. I will then hand over to Daniel to present some more details around the financials before we summarize the key takeaways from the quarter and have a Q&A. Starting off with the market conditions, we continue to see a very high level of market activity in the fourth quarter. We see some varying outcomes between our different geographies. In Sweden, we signed a new contract with Huddinge Municipality, and we extended some important contracts with Hitachi Energy and Telia. The Telia contract also included Norway. where we also extended a contract with . We also extended a contract with the psychiatric department of University Hospital in Denmark. During 2025, we've taken several measures to restore the level of working capital, and I'm pleased to see that this has resulted in significant improvement in cash conversion. to 99% compared to 57% for the full year of 2024, so a good improvement there. We also continue to see a high employee motivation index at 78, which is an improvement over last year, which is encouraging. We also make progress on the environmental targets. The scope one and scope two emissions reduced by 54% versus 2018, which is above the target of 50%. We also have reduced emissions from purchased goods and services, and this is an important milestone for us, and sustainability has b...