Meko AB (publ) (MEKO) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.092 Welcome to the MECO Q1 Report 2025 presentation. 00:00:04.092 -- 00:00:09.194 During the questions and answers session, participants are able to ask questions by dialing 00:00:09.194 -- 00:00:14.156 pound key five on their telephone keypad. Now I will hand the conference over to the 00:00:14.156 -- 00:00:18.558 speaker's president and CEO, Per Oskarsson, and CFO, Krister Johansen. 00:00:18.558 -- 00:00:19.318 Please go ahead. 00:00:19.318 -- 00:00:21.318 Thank 00:00:21.599 -- 00:00:26.040 you. Good morning, everyone, and welcome to MECO's presentation of our results for the 00:00:26.040 -- 00:00:28.410 first quarter 2025. 00:00:29.050 -- 00:00:33.291 As said, I'm here with the CFO, Christer Johansson, and together we'll walk you through 00:00:33.291 -- 00:00:36.671 our performance and current position. 00:00:37.372 -- 00:00:42.373 Unlike many other industries, we see stable underlying demand driven by the constant 00:00:42.373 -- 00:00:45.394 need to service and repair vehicles. 00:00:45.394 -- 00:00:50.715 The car remains an essential part of the daily life for most people, and when repairs 00:00:50.715 -- 00:00:54.594 are needed, they tend to prioritize them. 00:00:54.594 -- 00:00:59.615 Mieko's aim is to meet this need. We want to be the most comprehensive partner for 00:00:59.615 -- 00:01:04.436 all who drive, repair, and maintain vehicles in Northern Europe. 00:01:04.436 -- 00:01:07.676 And today, we are the market leader. 00:01:07.676 -- 00:01:12.137 However, we're not entirely unaffected by international turbulence. 00:01:12.137 -- 00:01:17.438 In Q1, our market was cautious with concerns about a prolonged economic 00:01:17.438 -- 00:01:22.439 downturn. Total growth was 6%, and the organic growth 00:01:22.439 -- 00:01:27.910...