Elanders AB (publ) (ELAN_B) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.516 Hello and welcome to the L&R's ABE conference call. 00:00:03.516 -- 00:00:06.680 My name is George. I'll be your coordinator for today's event. 00:00:06.680 -- 00:00:10.886 Please note this conference is being recorded and for the duration of call your lines 00:00:10.886 -- 00:00:15.493 will be in the listen only mode. However, you will have the opportunity to ask questions 00:00:15.493 -- 00:00:20.159 towards the end of the presentation and this can be done by pressing star 1 on your default 00:00:20.159 -- 00:00:23.244 keypad to register your question. 00:00:23.244 -- 00:00:27.109 If you require assistance at any time, please press star 0 and you will be connected 00:00:27.109 -- 00:00:29.022 to an operator. 00:00:29.022 -- 00:00:31.586 I'd like to hand you over to your host today, Mr. 00:00:31.586 -- 00:00:34.169 Magnus Nielsen, to begin today's conference. 00:00:34.169 -- 00:00:36.513 Please go ahead, sir. 00:00:36.513 -- 00:00:42.041 Thanks, George. Welcome, everyone. Magnus speaking, and together with me is also 00:00:42.041 -- 00:00:45.566 our CFO, Elsa Wilson. 00:00:45.566 -- 00:00:50.753 And I will now go directly to slide number five in our presentation 00:00:50.753 -- 00:00:56.257 and talk about our first quarter. The demand decreased for the majority 00:00:56.257 -- 00:01:01.343 of our customer segments, which resulted in a negative organic growth of 00:01:01.343 -- 00:01:03.085 2%. 00:01:03.085 -- 00:01:09.192 It was mainly print and packaging solutions that felt the effects of declining volumes, 00:01:09.192 -- 00:01:13.857 and supply chain was able to withstand better. 00:01:13.857 -- 00:01:18.882 In response to the declining demand and uncertainty in the market, we 00:01:18.882 -- 00:01:20.965 acted very quickly 00:...