MilDef Group AB (publ) (MILDEF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, good morning, ladies and gentlemen, and a warm welcome to this investor call with Mildev, with a special focus on Mildev's reporting on the first quarter of 2025. And as you know, time flies when you're having fun. So, this is Mildef's 17th quarterly report, shy four years of the IPO 2021. This call will be presented by CEO and President Daniel Ljunggren. We expect approximately 40 minutes to be sufficient for the meeting, and we end, as always, with Q&As to Daniel. At this time, I hope that all mics are muted. We will open up the mics for individual mics for the Q&A session, and also please state your questions in the chat, and I will moderate the lineup of questions. Also, for your information, we record this meeting for later publication on our website. So now, please take it away, Daniel Ljunggren, and remember to help our audience who listen in to state the number of each slide before you change them. So take it away. Yeah. Thank you very much, Yulov, and good morning to all of you that are joining this Q1 Conf call for Mildov. By that said, I think it's time to look into the highlights of the first quarter in 2025. If we take it from the top, number one, the positive trend continued in Q1 related to the order intake. So the demand continues to be strong across our product portfolio. I have said before that I think that we saw some kind of change in late summer in 2024 when it comes to the order intake and activities on the market. And I think that continued that positive trend within the Q1 as well with an order intake of 88% better than same quarter last year, where majority of that was organic. Number two, a very big milestone in the middle of history that now that the road acquisition is successfully closed, that will put us in a really good expansion ...