engcon AB (publ) (ENGCON_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to ENKON's Q1 report presentation. My name is Christer Blomgren and with me today as usual I have our CFO Marcus Asplund and today we also have our next CEO, largest shareholder, board member and founder Stig Engström with us. We will guide you through our Q1 report and also answer questions in the Q&A afterwards. With that, we're going into the presentation. We're starting with the business highlights, and we are off to a flying start in 2026 with a strong growth in both order intake and net sales. Europe continues to be our key growth region going forward, and in Q1, we reach a new record level for order intake in the region. The Nordic region, which made a strong comeback in 2025, is still performing well and delivering solid sales growth. At the same time, margin pressure remains and continues into 2026. So despite higher sales, we are not yet seeing the operating leverage we want. We will talk more about that later on. During the quarter, we launched our new 123 series for tilt rotators. This is a new wave of grouping, packaging our products into clear performance steps, making it easy for customers to choose the right solution. As a part of this shift and to support margin improvement, we have also updated our pricing to better reflect both customer value and today's cost environment. And we expect to see the full effect of that in Q3. We have also been active in the market in North America while the U.S. market is currently moving sideways due to tariffs and uncertainty. We remain confident in the long term. During the quarter, we participate in the ConExpo in Las Vegas, a key industry event for building awareness, relationships, and showcasing the value of our solutions. Closer to home, we carried out a roadshow in Norway together wit...