NIBE Industrier AB (publ) (NIBE_B) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.415 Welcome to the NEBE Q1 presentation for 2025. 00:00:03.415 -- 00:00:08.882 During the questions and answers session, participants are able to ask questions by dialing 00:00:08.882 -- 00:00:14.129 pound key five on their telephone keypad. Now I will hand the conference over to CEO 00:00:14.129 -- 00:00:19.373 Eric Lindquist and CFO Hans Backman. Please go ahead. 00:00:19.816 -- 00:00:22.440 Thank you very much. Good morning, everyone out there. 00:00:22.440 -- 00:00:27.453 Good morning. Good morning. It's a gorgeous day here in Markaryd, graduation day we 00:00:27.453 -- 00:00:31.459 call it, when we have the annual shareholders meeting later on today. 00:00:31.459 -- 00:00:36.627 So we'll use our regular pattern. We start to go through the report, 00:00:36.627 -- 00:00:40.632 Hans and I, and then we allow for questions. 00:00:40.632 -- 00:00:45.731 And due to all other things that we have to participate, and carry out 00:00:45.731 -- 00:00:50.197 today. We would appreciate if we could stop around noon. 00:00:50.197 -- 00:00:52.479 That gives us an hour in total. 00:00:52.479 -- 00:00:56.905 And limiting the questions to two per person. 00:00:56.905 -- 00:01:01.951 That's right. Thank you, Hans. The headline we would like to say is 00:01:01.951 -- 00:01:05.054 pretty much in line with our own expectations. 00:01:05.054 -- 00:01:07.275 That's Q1. 00:01:08.020 -- 00:01:11.383 there is signs of recovery 00:01:11.383 -- 00:01:16.388 and some of course still cautious market, but already at the end of 00:01:16.388 -- 00:01:21.573 Q4 last year, we saw a change and that continues and that 00:01:21.573 -- 00:01:25.577 fills us with, you know, positivism, of course. 00:01:25.577 -- 00:01:30.602 Our action program is in place and that makes us...