NIBE Industrier AB (publ) (NIBE_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the NIBQ1 presentation for 2026. 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 the CEO, Eric Lindquist, and CFO, Hans Backman. Please go ahead. Thank you very much. Good morning to you out there. Good morning, everyone. And we're going to start like we usually do, you know, me going through some slides and then hands following up. And we hope that this will be no more than 22, 23 minutes, and then it's room for questions. And as you know, this day coincides with our annual shareholders meeting, starting at 5. So quite a number of discussions and interviews today. So at 12 o'clock, we have to stop this session, if we are not impolite suggesting that. So with that said, once again, welcome. And let's dive into the presentation. And, of course, you've already read the report and the main headlines or the main numbers are, of course, the organic growth in the fixed exchange rate of just north of seven, operating margin nine, and the net debt. like 2.7, all indicating that we are in the right way. And it's the fifth consecutive quarter when we are reporting positive sales and margins and results. We're very pleased to note that. Of course, the Swedish crown and Swedish currency diminishes that to a point, at least when you look at it just briefly. But that's a very solid growth behind there. Of course, we've been able to fight off the tariffs within climate solution and element fairly well, whereas stoves have been hit the hardest there. But we can say that the world around us, that's of course pretty unstable. And there are typically two reactions that we see among customers, and that's of course The fossil fuel dilemma is once again pret...