eEducation Albert AB (publ) (ALBERT) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's webcast with Albert Group, where CFO Fredrik Bengtsson and CFO Katarina Strival will present a report for the first quarter of 2025. After the presentation, there will be a Q&A, so if you're calling in and have a question, you can submit them in the form to the right. And with that said, I hand over the word to you guys. Thank you. Thank you. And welcome to Albert Group's interim report for the first quarter of 2025. I am Fredrik Bengtsson, and I'm joined today with our CFO, Katarina Strival. I joined the group on April 22nd, so I've been here just a little over three weeks. Even though I'm new at the helm of Albert, I'm not new to this industry. Previously, I was the CEO of Enne and also a board member at Swedish EdTech Industry. I'm very happy to be here. Albert is a company with a meaningful mission, a strong consumer attraction, and talented people. What we do here matters. Our mission matters. I will... start off today by briefly presenting the Albert Group and our why. Then we'll continue with the Q1 report results for 2025, a brief look forward, and then the Q&A. Schools today face significant challenges. Shortage of teachers, growing demand and shrinking resources is a hard equation to solve. The teachers face diverse learning needs in their classroom. The demand for individualized instruction is growing. Traditional methods like group instruction alone are no longer enough. The one size fits all approach simply does not work for every student. Classrooms are overcrowded, material is outdated, recruiting and retaining qualified teachers, especially in STEM subjects, is a growing challenge. Today in Sweden, three out of 10 primary school teachers lack the formal qualification required to teach. Education is a key foundation for bot...