Invisio AB (publ) (IVSO) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the conference call. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to the speakers. Please go ahead. Thank you and welcome to our presentation of the First quarter of 2026, which we characterize as our best first quarter so far. As some of you will know, our first quarter is sometimes a little bit soft beginning of the year. And so has been the case also this year. But I still think we have done pretty well with good growth in both revenue and order intake, despite inflation. the prolonged U.S. government shutdown that we have seen during this quarter. We've seen good order intake across most of our key markets. And we will get back to, of course, some of the details here. Our gross margin was a little affected in the quarter related to some donation-tied sales issues. at a lower margin, and that also directly impacts our EBIT margin. But when we leave the quarter, we are sitting with a strong order book that underpins our revenue for coming quarters. Now, again, the first quarter was our strongest first quarter ever. Revenue totaled 430 million Swedish kronor and somewhat higher in comparable currencies. So this gives us a growth around 30%. This comes, of course, on the backbone of our very strong order intake in the last quarter of 2025. we see a very high interest in our new products that is also reflected in our order intake, an increase of 27% compared to last year. And we've seen a very good continued inflow of small and medium-sized orders. And again, as we've said several times, we see a trend towards higher number of product items per order...