Garo Aktiebolag (publ) (GARO) Q1 2026 Earnings Call

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WEBVTT 00:00:00.503 -- 00:00:06.288 Welcome everyone to the presentation of Garo's report for Q1 2026. 00:00:06.590 -- 00:00:11.777 My name is Joe Ree and I am the acting CEO of Garo since February. 00:00:11.777 -- 00:00:16.442 I'd be surprised if any of you know me, so please allow me a short introduction. 00:00:16.442 -- 00:00:20.848 As you may have guessed, I'm not Swedish, I'm Irish, and I apologize for not being able 00:00:20.848 -- 00:00:26.054 to speak Swedish, but I did try quite a while ago and I lived here for a year. 00:00:26.054 -- 00:00:29.796 I have worked in Garo now since 1989. 00:00:29.950 -- 00:00:33.355 Became financial controller of Garo Ireland in that year. 00:00:33.355 -- 00:00:38.623 And then in 1994, I lived in Varnamo in Sweden with my wife 00:00:38.623 -- 00:00:41.724 for a year, working as the group controller. 00:00:41.847 -- 00:00:47.115 That went very successfully, but sadly failing very badly at learning Swedish. 00:00:47.115 -- 00:00:52.162 Moving back to Ireland, I was appointed CEO of Garo Ireland in 2015 00:00:52.162 -- 00:00:56.900 and chief operating officer of Garo Group in May last year. 00:00:56.900 -- 00:01:01.207 It's an honor and a pleasure to be here today and to have the opportunity to lead Garo 00:01:01.207 -- 00:01:07.678 as acting group CEO until Tobias, our new permanent CEO, starts on June 15th. 00:01:07.678 -- 00:01:12.946 With me today is Helena Clayson, our CFO, who will walk you through our financial 00:01:12.946 -- 00:01:17.574 performance in more detail a little bit later in this presentation. 00:01:17.574 -- 00:01:20.034 Next slide, please. 00:01:24.878 -- 00:01:29.004 Let's start with some operation highlights for the quarter. 00:01:29.004 -- 00:01:33.091 Our electrification business area continues to perform...