New Wave Group AB (NEWA_B) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.134 Welcome to this presentation of Q1 2025. We have 00:00:05.177 -- 00:00:07.880 had a quite good start 00:00:07.880 -- 00:00:13.166 and it's probably a small positive effect 00:00:13.166 -- 00:00:20.053 by the Eastern. It comes into Q2 instead in sports and leisure and corporate. 00:00:20.053 -- 00:00:23.673 In gift and home furnishing we have the opposite effect actually. 00:00:23.673 -- 00:00:28.953 where Eastern is a very strong period in Costa that comes into Q2 00:00:28.953 -- 00:00:35.848 instead. But in total, I would say it's a small positive period effect 00:00:36.090 -- 00:00:38.291 by Eastern. 00:00:38.613 -- 00:00:43.718 But I think it feels very, very stable. I read newspapers every day that it's ups 00:00:43.718 -- 00:00:45.780 and downs everywhere. 00:00:45.780 -- 00:00:50.866 But I think it's less good environment now than three months 00:00:50.866 -- 00:00:56.532 ago, especially in the U.S., where people and companies are more negative and more worried. 00:00:56.532 -- 00:01:01.254 But we're still growing there as well. New 00:01:01.357 -- 00:01:06.913 Wave Group is It hasn't changed so much since last quarter, but 00:01:06.913 -- 00:01:11.198 just below 2,500 employees, 25 countries 00:01:11.198 -- 00:01:16.224 and three different segments. And if I should point out something that 00:01:16.224 -- 00:01:21.711 makes me more happy than other things is that we are growing actually in both channels, 00:01:21.711 -- 00:01:28.219 both retail and corporate in all three segments and on all geographical markets. 00:01:28.219 -- 00:01:32.860 That I think is really a proof on how strong we are. 00:01:32.860 -- 00:01:34.683 today. 00:01:34.683 -- 00:01:39.310 Important on this map is also the sourcing activities. 00:01:39.310 -...