Lifco AB (publ) (LIFCO_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

2025. 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 five on their telephone keypad. Now I will hand the conference over to CEO Per Waldemarsson and CFO Therese Hoffman. Please go ahead. Thank you and good morning everyone. We can move directly into page number two in our investor presentation where we look at the group's overall financial performance in the first quarter. And it was overall on the group level a mixed quarter with mixed outcome in various parts of LIFCO. But overall on the high level, solid performance for the group. We had a 15% growth in sales. driven by around 8% organic growth, particularly strong growth in sales into solutions, which we'll come back to in the next slide. We have also strong growth in acquisitions of 8% in sales. If we go further down and look at the EBITDA, we grew that with 17%, and we had slightly higher EBITDA margin compared to the previous year. And this EBITDA margin is driven by very strong performance and demolition tools, and offset by slightly lower margin in system solutions. And the profit before tax grew by around 20%. Cash flow only grew 3% in the quarter. Cash flow obviously is more volatile between quarters. And this first quarter, we have slightly higher tax payment than compared to last year, and also some working capital buildup. We can then go into more details in page number three in the presentation if we go down into the different areas. In dental it was a quite normal quarter, low single digit growth both in terms of sales and profit. We had here some positive effects on a later Easter in this year compared to last year which had some impact on the growth. If we then ...