Investment AB Latour (publ) (LATO_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the presentation of Investment Abilator's Interim Report for the first quarter 2026. The first part of the presentation will be in listen-only mode, and we then open up for questions. And to ask a question, dial star 5 on your telephone keypad or use the chat window. With that, I hand over to CEO Johan Jeftonsson and CFO Neskel Jonsson-Albrechtsson. Thank you, Katarina. And once again, welcome everybody to the Q1 report on Investment Day Bill Natur. I'm here together with Mikael, our CFO. So very welcome, Mikael, as well. And the presentation is divided into two sections. The first part is a walk. We will walk you through the Natur Group's development in Q1, commenting on the development for the investment portfolio and the wholly owned operations. Then we open up for questions. And then we have a second part where we will make a deep dive into InnovaLift, one of Latour's seven wholly owned operations. And there we have invited Andrea Vedjan, CEO of InnovaLift, for this session. And finally, after that, we will have a Q&A session together with Andrea about answering questions on InnovaLift. Good. So if we dive into the first slide here, it's... I'd like to comment a bit overall. So it's a positive start to the year. Organic growth despite the EU political turbulence indicating an overall good underlying demand on the markets we operate on. But it varies between industries and regions. I'd like to highlight that the ordering tech grew organically plus 5%, and the net sales grew organically plus 4%. And then we had negative currency effects of quite large, of minus 6% in the quarter. We followed the turbulence in the Middle East closely, and our exposure to the region is limited, and no material negative impact has been identified to date. C...