CTEK Ab (CTEK) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, operator, and a very warm welcome and good morning to CTEK's Q1 report earnings. Today doing the presentation is me, Henrik Freienius. I'm the CEO. And together with me, I have Tom Mathisen, CFO. And as usually, I will start with a brief recap of what CTEK is before we drill into the numbers. So CTEK was founded more than 25 years ago in a small village called Vikmansyttan in Dalarna by the Swedish inventor Bengt Wahlqvist, who made the first smart battery chargers. So that's where we have built our company on those inventions. We have today two different technologies. We have our low voltage technology and we are selling that in the consumer segment, in client brand segment, in professional for workshops and also in power solution. And the other technology that we have is for EVSE, that's for charging of electrical cars. And we're mainly selling that into destination chargers We have divided our company in two divisions, the consumer divisions that are responsible for the sales to a lot of different channels like e-commerce, Amazon and normal retailers and wholesalers. And we are targeting globally markets. The other divisions is professional division, where we are focusing on our B2B business. That is mainly our OEMs, big sport car manufacturer and car manufacturers, and also for the electrical car chargers, parking operators and destination. That's also a global market for us when it comes to client brand. We are very proud that we have been chosen by more than 50 of the world's biggest and most prestigious car manufacturers. They are using our chargers and put their brands on it. Here you can see that we are in the premium segments and a lot of our products are sold to the same customer segments. And chargers and boosters are sold in a range of differe...