Fiskars Oyj Abp (0L9Q) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to Fiskars Group's Q1 twenty twenty six Results Webcast. My name is Essi Lipkonen, and I'm the Director of Investor Relations. I'm here with our President and CEO, Yuri Luamakoski and our CFO, Jyj Abp. Good morning. Let's look at the agenda for this call. Jyj will first go through the key takeaways of the quarter. After that, Jyj dive deeper into the numbers. Juri will then continue with the business area highlights and looking ahead, how is this year going to be like. After that, we will have time for your questions. And you can ask questions both through the phone lines and through the chat. And you can type in your questions in the chat already during the presentations. But Yuri, please go ahead. Thank you, Essi, and a warm welcome from my side also to our Q1 webcast. Summarizing a bit the quarter starting with group level topics, our comparable net sales and free cash flow both increased. The comparable EBIT and that comparison does not contain the currency translation effect. It declined, but the impact really with that broke that equation was from the U. S. Dollar translation. So if we would be using constant currencies, actually the comparable EBIT would have a small growth. Key in our BAs, it was the third consecutive growth quarter for our BA Vita. And this is, of course, not the biggest quarter and less important for Vita. While for BA Fiskars, the garden load ins in the first quarter is important season and there was a very solid execution that we could see from the team and the numbers are testament to that. A lot of internal activities went into the technical and legal separation of our two business areas as subgroups, legal entities, and that was finalized according to the plans during the quarter. Around sustainability, we had actual...