HMS Networks AB (publ) (HMS) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the HMS Network's Q1 presentation for 2026. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to CEO Staffan Dahlstrom and CFO Joachim Nijdeborn. Please go ahead. Thank you. Good morning, everybody. Welcome to this Q1 call. It's me, Staffan Dahlstrom, CEO, and Joachim Nijdeborn. calling you from a crispy and sunny spring day in Halmstad. I think also this report is quite crispy and sunny, and we were pleased to present three sections, business update. I'll do that. And then Joachim dive into the numbers and we end up with the Q and A. But if we look on the quarter one here, we're very pleased to see a fairly good momentum. We have good organic growth on sales, up 15%. A little bit of headwind on the weak Swedish currency at the moment. Joakim will talk more about that. But also order intake is organically growing, double-digit. And this combination of double-digit growth on both net sales and order intake, we're really pleased to see that. And we feel that the market is growing. fairly strong and it's a broad good market we feel. We're also happy to see that we are improving our profits on the EBITDA level that we follow from this year. So EBITDA margin 27.2, better than we expected. I think we're seeing stable development on gross margin. We have kept OPEX on a flat level and of course this gives a good EBITDA margin when we have good net sales growth. Cash flow continues to be strong, and this gives us adjusted EPS, earnings per share, at 3.78. If we look on the last 12 months, I think it's only one thing I would like to highlight, and that is the cash flow for operations, where we almost make a billion Swedish in a year. And we are ver...