Kemira Oyj Ord (KOYJF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and a warm welcome to KEMIRA's Q1 2025 results webcast. My name is Mikko Pohjola from KEMIRA's IR, and I'm here today with our president and CEO, Antti Salminen, as well as our CFO, Petri Kastrén. We have today published our Q1 results, and we had solid profitability in a softer market environment. And we start with a presentation. Antti will cover the main points of the quarter, and after that, Petri will cover the financials. And after that, we'll obviously go to the Q&A session, and you can submit your questions either via the teleconference or then via the webcast tool, and I will then moderate. With this short intro, I'll hand it over to our president and CEO, Antti. Good morning on my behalf as well, and as Mikko said, reporting on our Quarter one results, which were solid in terms of profitability in a softer market environment, more difficult market environment than probably expected. If we look at the highlights of the quarter one, the market uncertainty definitely increased. We can read that from news every day. And as we are tied to the consumer-related value chains, the impacts are visible in our demand, especially in the new packaging and hygiene solutions area. On the positive side, our market Very local business model makes us quite resilient against any direct impact from the tariffs, and Petri will comment that a bit more on his part. But I have a good confidence that going forward, despite of the turbulence on the market, we continue to perform on this solid profitability level. And as a proof point of that, the EBITDA margin on this software market conditions remained very good at 19.1%, very well within the guidance brackets that we have provided. Also, the growth strategy executes some progressives as planned. We have agai...