Fiskars Oyj Abp (0L9Q) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to Fiskars Group's Q1 results webcast. I'm Noora Huttula from Fiskars Group's Investor Relations, and I'm here with our president and CEO, Nathalie Ahlström, and CFO Jussi Siitonen. So to kick things off, Nathalie will first take you through the key highlights of the quarter, after which Jussi will go through the financials. Natali will then tell more about business area performance, after which both Jussi and Natali will spend some time to discuss the impact of tariffs, as well as our guidance for 2025. After the presentations, we will have time for your questions. As usual, you will be able to already type in your questions in the chat during the presentations. And this time, we also have the possibility to take your questions through the telephone line. So if you wish to do so, you can find instructions in our results release published earlier today. But with this, I hand over to you, Nathalie. Thank you, Nora. And from my side, welcome to this Q1 announcement. I'm really proud to stand here and talk about Q1 because we really come from a position of strength. We had in Q4, we had the all-time high Q4 in terms of EBIT. And now we go into Q1 with also having a very strong Q1. This is the first time we've grown. since the mid-2022, after the Ukraine war started. It's been a lot of actions, and I'll talk about that later, that we have done to really start to drive this organic growth. And we also saw the EBIT growing. A true joy is also that our own channels, our D2C, so our own retail and our own e-com is growing at 9%. That's a healthy growth. And that really shows the strength of our brands, that they are growing so much in our own channels. The business separation that we announced in end of October, that is already online. End of January, we s...