Idun Industrier AB (publ) (IDUN_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to IDEN Industriers conference call here for the first quarter of 2026. My name is Carl Korsheden and I work as an equity research analyst here at DNB Carnegie with a focus on these more acquisition intensive companies such as IDEN. I would just like to remind you that there is a chat function, so if you have any questions, please feel free to send them into the chat and then I will read them out here to the management team in the room. But with that said, I will leave over to you on the first quarter. Thank you and welcome to the presentation of the first quarter of 2026 results of Idel Industrier. And I will start for those of you who are new to Eden with a very brief repetition of who we are. So Eden is an industrial group of companies with net sales of about 2.4 billion with EBITA around 330 million. We consist of 20 group companies that we divide into manufacturing which is about 60% of sales and profit, and service and maintenance, which is about 40% of sales and profit. IDON is primarily a Swedish and Nordic organization. All of our 20 group companies have their base in Sweden, and three quarters of sales is generated in Sweden. More than 90% of sales is generated in the Nordic countries, and we have subsidiaries in all the Nordic and all the Baltic countries. A few words about Eden as an investor. We look for market leading companies. Market leading companies within manufacturing, industrial trading and industrial services companies. and if there is one thing to remember about our business model is that we really work actively with a pilot school. It is starting from that we prefer to invest in some 80-85% of new companies so we have lots of former owners on the board of directors and still operating in our companies and we have co-ownership...