Nederman Holding AB (publ) (NMAN) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Netterman Holding Q1 2026 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now, I will hand the conference over to speaker CEO Sven Christensen and CFO Matthew Cusick. Please go ahead. Good morning, ladies and gentlemen, and welcome to this presentation of Q1 for Netherlands. Our headline has been resilience in the volatile market because it's been an eventual quarter again, and what we can see is that we are still strengthening our position in the world, although it remains very turbulent. The first quarter, we continued to advance the position in a very volatile market. There is high activity across all divisions. They're all having good pipelines, less good order intake. Because we had lower orders received, although the activity picked up at the latter part of Q1 and continued in here in April, and we will see what that means. We are strengthening our presence in the structurally growing industry, and by that we mean that we are entering new fields like food, farmer and life science related, et cetera, and resulting in a lower sales and EBIT or profit margin. If I move on to some of the key financials, then, if we go on to... On orders received, as Sven mentioned, for the quarter as a whole, orders received were weaker than the very strong Q1 last year, it must be mentioned. Three of four divisions in Q1 last year are... I'll leave it at two of four divisions in Q1 last year had their record quarters for order intake. I don't want to get us into a debate on currency rates, but... Like Sven mentioned, all the activity clearly picked up, particularly during the second ...