Konecranes Plc Ord (KNCRF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon everyone and welcome to Konecranes Q1 earnings conference. My name is Kiira Fröberi and I'm the head of investor relations at Konecranes. Here with me today I have our president and CEO Anders Svensson and our CFO Teo Ottola. Before we start the actual presentation, I have a bit of commercials here. So I would kind of like to remind you about our Capital Markets Day, which will be arranged in London on May 20. The registration has been opened for the event, and we welcome, of course, all analysts and investors to join us in person in London. The registration for the in-person attendance is still open until next Wednesday, so please go and register yourselves as soon as possible. We look very much forward to the event and welcome everyone there. And now, before going into the numbers and details, the usual disclaimer. Just so you remember, the presentation contains forward-looking statements. Agenda is our usual one. Anders will start by the group figures, after which Teo will talk more about the business area numbers. And then we will of course have the Q&A in the end, as always. And now Anders, please, it's your turn. Thank you, Kira. And a warm welcome also from my side to this first quarter Webcast 25. We had a good start to the year, and our demand environment held up really well throughout the quarter. Our orders were up 17% year on year, and we saw an order intake improvement in all three business areas. Sales execution was also strong, almost 1 billion euros, and that was up 8% compared to the previous year. The Q1 profitability and that EBITDA margin was 11.1, and that's the same level as we had a year ago, which was then record high. Year-on-year pricing is slightly positive, but execution and sales mix was slightly weaker than the previous ye...