Eric Lindquist
CEO
Replay available
NIBE Industrier AB (publ) (STO: NIBE_B) Q4 2025 earnings conference call, held 2026-02-12. Replay captured from the company's public earnings webcast.

CEO
CFO
Analyst, Goldman Sachs
Analyst, Bank of America
Analyst, DNB Carnegie
Analyst, ABG Sundal Collier
Analyst, Pareto Securities
Welcome to the NEVI Q4 presentation for 2025. During the questions and answers session, participants are able to ask questions by dialing star 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 or good afternoon to all of you out there. Hello, also from my side. We appreciate you calling in. And just for the sake of order, We would like to present the report now in 20, 25 minutes at most, and then allow for questions, of course. And then we have as a target to stop the whole interview here around 12 o'clock. And just another sake of order, we could possibly allow two questions per analyst or per person, and then you have to queue up again to allow as many as possible to put questions to us. All right. With that said, once again, welcome. And we're going to go through a number of slides. And I think that the headline as such gives a pretty good picture of what we're going to talk about. And we hope that you've read the report. And, of course, it's been a very transparent year to you regarding our recovery, if we call it. and we saw the signs already at the end of 24 and then gradually quarter after quarter we've seen the improvement and then with the fourth quarter which is typically a good quarter for us when we return to seasonality it's a very robust development of course there have been hindrances out there political and tariffs and what have you and swedish currency which is very good to note on one on one foot that is strengthened, but it's been, of course, also quite dramatic when you invoice in other currencies. Nevertheless, that's our task to solve or work with these issues and there are no excuses, but rather saying, okay, we have arrived wher...