Inwido AB (INWI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

good morning to you all thank you and welcome to this webcast and telephone conference covering invito's first quarter of 2025. my name is frederick mueller president and ceo of invito and i'm joined here in sunny stockholm today by peter villeen our group cfo and deputy ceo We will start off with the run through of the financial, operational and strategic highlights from the past three months, followed by an in-depth review of group and business area financials, before concluding our key messages, outlook and opening up for a Q&A. And as usual, this presentation material is already available on InVito's website. Many of you are, of course, familiar with InVIDO already and our unique features. One year into the CEO role, I'm still taken aback by, for example, the shareholder value track record since our 2014 IPO, or the fact that our 35 business units collectively form a number one position in the Nordics and a strong number two in the UK. Our well-known brands are synonymous with genuine craftsmanship and high quality. Our windows and doors improve energy efficiency, safety and aesthetics of any property. I'm proud to conclude that InVido is off to a good start to 2025. Performance improved gradually throughout the first three months, and we continued on the growth trajectory from last year. Our net sales grew by 10% organically. Our intake increased as well for the fourth consecutive quarter, now up by 13%. Our order backlog ended up at plus 19%, i.e. offering lots of comfort for the seasonally important months and quarters ahead. Profitability followed suit with operating EBITDA edging higher in all business areas except e-commerce. A consolidated figure was a massive 22% higher than in Q1 last year at 111 million SEC, equaling a margin of 5.5%, i.e. 50 basis poin...