Gn Store Nord A/S Adr (GNNDY) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.739 Hello, everyone, and welcome to GN's conference call in relation to a Q1 report announced 00:00:04.739 -- 00:00:09.547 last night. Participating in today's call is Group CEO Peter Karlstrammer, Group CFO 00:00:09.547 -- 00:00:13.153 Søren Jelert, and myself, Rune Saner, Head of Investor Relations. 00:00:13.153 -- 00:00:17.220 The presentation is expected to last about 25 minutes, after which we'll turn to the 00:00:17.220 -- 00:00:21.427 Q&A session. The presentation is already uploaded on GN.com. 00:00:21.427 -- 00:00:26.131 And with that, I'm happy to hand over to Peter for some opening remarks. 00:00:27.841 -- 00:00:31.905 Thank you, Rune, and thank you all for joining us here today. 00:00:31.905 -- 00:00:37.051 This is a special call at a special time, given the elevated uncertainty we experience 00:00:37.051 -- 00:00:42.116 around the world. Today, we will start our presentation with our Q1 highlights, and 00:00:42.116 -- 00:00:45.880 then we will spend some time at the end of the presentation on how we are approaching 00:00:45.880 -- 00:00:50.525 the challenges we are facing from the fast-evolving global trade environment. 00:00:50.525 -- 00:00:54.790 Hopefully, this will provide you with an increased level of understanding and clarity 00:00:54.790 -- 00:01:01.635 as well as better visibility of the actions we are taking to navigate the situation well. 00:01:01.758 -- 00:01:05.843 Let me start with the highlights on slide 4. 00:01:05.843 -- 00:01:10.127 While we acknowledge that our Q1 financial results were influenced by very short-term 00:01:10.127 -- 00:01:15.233 factors, we are optimistic about the underlying strength of our business and we are confident 00:01:15.233 -- 00:01:20.204 in the proactive steps we are taking to...