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

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WEBVTT 00:00:00.689 -- 00:00:04.734 Good morning and welcome to ENKON's Q1 report presentation. 00:00:04.734 -- 00:00:07.896 My name is Christer Blomgren 00:00:08.299 -- 00:00:13.526 and with me today as usual I have our CFO Marcus Asplund 00:00:13.526 -- 00:00:18.813 and today we also have our next CEO, largest shareholder, board member and founder 00:00:18.813 -- 00:00:21.217 Stig Engström with us. 00:00:21.217 -- 00:00:25.302 We will guide you through our Q1 report and also answer 00:00:25.302 -- 00:00:28.837 questions in the Q&A afterwards. 00:00:28.837 -- 00:00:32.459 With that, we're going into the presentation. 00:00:33.663 -- 00:00:36.286 We're starting with the business highlights, 00:00:36.286 -- 00:00:41.033 and we are off to a flying start in 2026 with a strong growth in both order intake and 00:00:41.033 -- 00:00:42.675 net sales. 00:00:42.675 -- 00:00:47.701 Europe continues to be our key growth region going forward, and in Q1, we 00:00:47.701 -- 00:00:51.706 reach a new record level for order intake in the region. 00:00:51.706 -- 00:00:56.813 The Nordic region, which made a strong comeback in 2025, is still performing well and 00:00:56.813 -- 00:01:00.038 delivering solid sales growth. 00:01:00.038 -- 00:01:04.284 At the same time, margin pressure remains and continues into 2026. 00:01:04.284 -- 00:01:05.827 So 00:01:05.827 -- 00:01:11.752 despite higher sales, we are not yet seeing the operating leverage we want. 00:01:12.156 -- 00:01:15.301 We will talk more about that later on. 00:01:15.301 -- 00:01:19.567 During the quarter, we launched our new 123 series for tilt rotators. 00:01:19.567 -- 00:01:25.075 This is a new wave of grouping, packaging our products into clear performance steps, 00:01:25.075 -- 00:01:29.350 making it easy for customers to ch...