Kalmar Oyj B (KMROF) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.858 -- 00:00:05.886 Kalmar published its Q1 report in the morning, and this 00:00:05.886 -- 00:00:10.534 morning I have a challenge from the CEO of the company, Sami Nirona. 00:00:10.534 -- 00:00:15.642 Hello, Sami. Hello, hello. If we go through the past quarter in a traditional 00:00:15.642 -- 00:00:16.904 way, how would you sum it up? 00:00:16.904 -- 00:00:22.012 I would say that a stable start to the year as a whole and 00:00:22.012 -- 00:00:27.040 perhaps a little split. There was a lot of good things that 00:00:27.040 -- 00:00:32.648 we did during Q1. The turnover grew from the previous 00:00:32.648 -- 00:00:36.915 year. The orders were on a very good level. 00:00:36.915 -- 00:00:42.043 There weren't any bigger shipping orders. There were a 00:00:42.043 -- 00:00:47.170 few orders, of course, but not much. in the previous year or in 00:00:47.170 -- 00:00:52.537 the previous four years, and in that respect, the 451 million is satisfied with 00:00:52.537 -- 00:00:57.964 it. Then the cash flow was strong, and of course the investment in the daily income, 00:00:57.964 -- 00:01:02.049 accordingly, improved as well. So there were a lot of good things in this way. 00:01:02.049 -- 00:01:06.155 The so-called driving excellence program is doing really well. 00:01:06.155 -- 00:01:11.582 There are now these savings, increased driving efficiency, in front of €40 00:01:11.582 -- 00:01:16.972 million. Of course, not everything has been materialized yet, but it really 00:01:16.972 -- 00:01:22.081 supports our operation and gives us the opportunity to invest in our strategic 00:01:22.081 -- 00:01:27.110 areas now and in the future. So, the positive side that remains to be improved 00:01:27.110 -- 00:01:32.279 is the profitability of the maintenance and service bu...