Eltel AB (publ) (ELTEL) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to this teleconference or web conference where we will present LTEL's first quarter results. My name is Alexandra Stjernlund. I am the communications director at LTEL and here with me today to present the results is our CEO Håkan Dahlström and our CFO Tarja Leikas. Warm welcome. After the presentation, we will open up for questions. And throughout the presentation, you can submit questions either via the website or dial in via the phone conference. With that, I'd like to hand over first to you, Håkan. Thank you, Alexandra. Also welcome from my side to this presentation from Eltel. Eltel, the leading provider of services in the Nordic in the critical infrastructure. It areas as communication and power, and it means that Eltel enables the digitalization and electrification of our society in many areas. This includes mobile communication, fiber network, private network, but also on the power side, high voltage overhead lines, substations, distribution network, but also things like street lighting. We also have become active in green energy production, including solar parks and wind parks. It doesn't end with that. We also are active in energy storage, electrification of transport and other areas like smart metering. During the first quarter, we see that many of this area are active. However, we see lower activity levels in communication than in power. And we have talked about this before. The exception, I would claim, is the Swedish market. So first quarter leaves us with improved profit. Organically, we have a net sales that is some growth, 0.6%. And this is mainly driven by our Swedish operation. The gross profit, as we are very focused at here in Eltäl, increased with 20% during the quarter. And we see that this trend that we have had continu...