Enea AB (publ) (ENEA) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and good morning to everyone and welcome to this investor call for quarter one 2036 and Enea. This is Temo Salmi speaking, CEO of Enea. I'm very happy to be with you here today. During the next 20 minutes, excuse me, we'll take you through the result and some comments about quarter one. And at the end, as usual, we leave some time for questions and answers. Let's dive straight into it. First of all, we are very happy and pleased to report that we have a solid 12% net sales growth in the quarter when counting in fixed currencies from Q1 last year. That equals 5% growth in reported numbers. So a good solid start of the year. And with that, we're also reporting a very strong improvement in our profitability, adding up at an adjusted EBITDA level of 75 million Swedish krona, or 34%, which is the highest in many years when it comes to the first quarter. And also EPS jumps up quite significantly since quarter one last year, ending up at 0.98 Swedish krona. On top of that, we also have a very good momentum for our strategy execution at the moment, and I will come back to that in just one second. As said, the growth here in the beginning of the year was quite a lot fueled by our business development, mainly in our firewalls business that had a great successful start of the year where we signed many deals, many significant deals, predominantly in Europe and North America. So that has been fueling our development in the quarter. And we have also have a strong momentum in our growth portfolio and you'll see now I'll come back to that a little bit later on in the presentation that starting quarter one this year we will also start reporting our sales a bit differently than last year and I have been getting a lot of questions and feedback about the transparency of our pr...