Momentum Group AB (publ) (MMGR_B) Q4 2025 Earnings Call

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WEBVTT 00:00:01.482 -- 00:00:06.429 Welcome to the presentation of Momentum Group's year-end report for 2025. 00:00:06.429 -- 00:00:10.816 I'm Ulf Lilje, CEO of Momentum Group, and I'm here with my colleague Niklas Enmark, Vice 00:00:10.816 -- 00:00:15.640 President and CFO, and we will guide you through our report. 00:00:16.163 -- 00:00:21.030 Despite the challenging global environment and few acquisitions, our fourth quarter revenue 00:00:21.030 -- 00:00:25.837 and earnings grew. The market remains cautious, but we are seeing increasing positive 00:00:25.837 -- 00:00:31.102 signs across more customer segments. In the final quarter, our organic growth 00:00:31.102 -- 00:00:33.865 improved slightly over the previous quarter. 00:00:33.865 -- 00:00:38.890 Comparable unit sales fell by 2%, showing a minor recovery. 00:00:38.890 -- 00:00:42.233 The quarter had one fewer trading days than last year. 00:00:42.233 -- 00:00:47.578 Positive developments were observed across multiple sectors in Sweden, while the Finnish 00:00:47.578 -- 00:00:52.883 market is showing steady progress. Denmark was an exception, with stable demand primarily 00:00:52.883 -- 00:00:57.305 supported by the robust pharmaceutical and green energy industries. 00:00:57.305 -- 00:01:02.875 However, product transactions experience a notable decline toward the end of the year. 00:01:02.875 -- 00:01:07.003 Danish companies are implementing strategies to address these challenges. 00:01:07.003 -- 00:01:12.793 Our decentralized organizational structure, which enables decisions to be made near customers 00:01:12.793 -- 00:01:17.268 and suppliers, has demonstrated significant value during this period. 00:01:17.268 -- 00:01:22.316 EBITDA rose by 6% with acquisitions contributing positively to 00:01:22.316 -- 00:01:...