Munters Group AB (MTRS) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.118 Good morning and a warm welcome to today's presentation of Muntage Q1 00:00:05.118 -- 00:00:10.785 2025 results. My name is Lidne Duvern and I'm Head of Investor Relations, 00:00:10.785 -- 00:00:16.713 joined here today by Claes Forsström, our CEO, and Katarina Fischer, our CFO. 00:00:16.713 -- 00:00:21.980 So we will begin with a presentation of our results and then we will open 00:00:21.980 -- 00:00:26.221 up for Q&As after that. So Claes, please go ahead. 00:00:26.221 -- 00:00:29.466 Thank you, Lina. And 00:00:29.466 -- 00:00:33.108 once again, good morning and welcome. 00:00:33.171 -- 00:00:38.179 Before diving into the Q1 report, let me shortly summarize and share some 00:00:38.179 -- 00:00:39.901 highlights. 00:00:39.901 -- 00:00:44.989 First of all, an agreement is signed to divest the food tech equipment offering 00:00:44.989 -- 00:00:46.471 proceeds 00:00:46.471 -- 00:00:51.739 expected during quarter two this year. So with that, all comments and figures 00:00:51.739 -- 00:00:57.424 in the report refer to continued operations unless advice stated. 00:00:59.684 -- 00:01:05.992 a strong overall start to the year. Strong order intake, 27% 00:01:06.336 -- 00:01:11.445 growth, robust net sales growth, 18%, healthy 00:01:11.445 -- 00:01:14.828 profitability levels, 13.5% 00:01:15.132 -- 00:01:18.038 adjusted EBITDA percentage, 00:01:18.038 -- 00:01:22.145 that with one business era lagging behind. 00:01:22.145 -- 00:01:27.552 And also very pleasing, solid low operating net working capital levels 00:01:27.552 -- 00:01:29.415 at 10.2%. 00:01:29.415 -- 00:01:31.297 All 00:01:31.297 -- 00:01:36.985 in all a good start. As said, two business areas performing very well as expected, 00:01:36.985 -- 00:01:42.512 one weaker that is Airte...