CTEK Ab (CTEK) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, Operator, and a warm welcome to all of you to today's Q1 presentation for 2025 for CTEK. The presenters today is myself, Henrik Fregenius, and our CFO, Tom Mathisen. And as always, I start with a short recap of CTEK. CTEK was founded more than 25 years ago by Bengt Wahlqvist, the happy guy on the picture. And he invented the first ever smart charger with pulse technology. We are delivering, we are developing and testing and designing everything in Sweden. And we have production mainly in Asia and China, but also in Malaysia. We have more than 50 premium brands that are choosing CTEK as their charger and I'm very proud to show the Lamborghini that is actually co-branded with CTEK which is extraordinary and says a lot about our quality. CTEK has mainly two different technologies. We have the EVS technology where we are focusing on destination charging and then we have our low voltage where we are present in different segments as consumer, professional, workshop, client, brand and integrated solutions. You will find CTEK in a vast area of different usage alternatives for the electrical vehicles and plug-in hybrids. We can sell our EV chargers of course, but also our 12V chargers and our workshop chargers. the combustion engines we have our 12 volt chargers and our workshop chargers and for rv and leisure like motorcycle camper vans etc we have our low voltage and also our integrated solutions and for industrial we have integrated solutions We are distributing in mainly two divisions. We have a professional division that is focusing on business to business. They have the OEM car brands and also big parking operators and short point operators. And then we have a consumer division which are selling into retail and e-tail. So then over to the first quarter of 202...