Fasadgruppen Group AB (publ) (FG) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.075 Good morning all and welcome to 00:00:04.075 -- 00:00:07.078 this presentation of our 00:00:07.078 -- 00:00:09.580 results for the first quarter 00:00:09.580 -- 00:00:11.862 here at Fasadgruppen. 00:00:11.862 -- 00:00:16.967 In the room we have our CEO Martin Jakobsson and our CFO 00:00:16.967 -- 00:00:20.511 Kasper Tam and myself Magnus Blomberg. 00:00:20.511 -- 00:00:23.554 With that being said I hand over the word to Martin. 00:00:23.554 -- 00:00:25.376 Please go ahead. 00:00:25.376 -- 00:00:29.598 Thank you Magnus and good morning also from me. 00:00:29.782 -- 00:00:33.627 Thank you all for joining this 2026 00:00:34.154 -- 00:00:40.693 Q1 results call. So let me start with the headline. 00:00:40.693 -- 00:00:42.378 Q1 2026 00:00:42.378 -- 00:00:45.037 was a cold quarter. 00:00:45.037 -- 00:00:50.263 In the Nordics, we saw some of the coldest weather in, I would say, several decades, 00:00:50.263 -- 00:00:54.888 which, of course, materially restricted our production. 00:00:54.888 -- 00:00:59.974 And in the UK, we saw continued regulatory delays, as we have spoken 00:00:59.974 -- 00:01:05.520 about several times now, from the building safety regulator, which we denominate 00:01:05.520 -- 00:01:07.520 BSR. 00:01:07.923 -- 00:01:13.490 And they adjusted a bit. They came in at roughly 5 million, I guess, 77 million a 00:01:13.490 -- 00:01:15.730 year ago. 00:01:16.559 -- 00:01:18.723 That said, the 00:01:18.723 -- 00:01:23.993 underlying business is in a stronger position than these 00:01:23.993 -- 00:01:28.377 headlines numbers suggest, I would like to say. 00:01:28.922 -- 00:01:33.109 Our organic order backlog grew by almost 15%, 00:01:33.109 -- 00:01:37.834 mainly driven by the UK and Norway. 00:01:38.547 -- 00:01:43.033 And we'...