Momentum Group AB (publ) (MMGR_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the presentation of Momentum Group's Q1 report for 2025. I'm here with my colleague Niklas Enmark, vice president at CFO, and we will guide you through our report. Our overall performance remained stable in a challenging market with subdued demand. Despite the prevailing tariffs and trade turmoil, we have experienced no direct impact on our operations. We have seen improved earnings and continued strong cash flow, driven by significant contribution from our recent acquisitions. Our acquisition pace remains high and we are confident in our healthy financial flexibility moving forward. Despite global uncertainties and cautious markets, we delivered a stable first quarter with improved earnings and strong cash flow. Acquired companies boosted revenue and are decentralized structure position as well for changes and opportunities. Recent months have brought tense trade relations, geopolitical challenges and tariff uncertainties, which have further affected the cautious market. Although announced tariffs have not directly impacted us, indirectly effects may arise if customers become more cautious with major investment or decision making processes become prolonged. The Nordic region's business climate remained stable during the quarter, while some customers focused on cost and cautiousness. Demand has yet to be clearly impacted by recent tariff turbulence. The weaker demand from the automotive industry stabilized at normal levels, while Finland's industrial demand remained sluggish due to strikes. Denmark's market performed well in pharmaceuticals and green technology. Purchasing prices and costs increased moderately. our company showed strong delivery capacity, completing the relocation momentum industrial center warehouse without affecting deliveries. The globa...