NKT A/S (NRKBY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to this NKT financial presentation for the first quarter of 2025. For the first part of this call, all participants are in a listen-only mode. Afterwards, there will be a question and answer session. To ask a question, please press five star on your telephone keypad. To withdraw yourself from the queue again, you may do so by pressing five star again. This call is being recorded. I will now turn the call over to speakers. Please begin. Ladies and gentlemen, good morning and welcome to today's conference call following the release of our interim report for the first quarter of 2025. My name is Claes Westerlind, I'm the CEO and I'm joined today by our CFO, Line Fandrup. As usual, I will cover the overall development and the business lines in the first part of the presentation and afterwards, Line will take a deeper look at the development of the financials for the quarter. Please turn to slide number three. Before we begin, I ask you to pay close attention to this disclaimer as this presentation may contain forward-looking statements. Now, let's move on to our key messages for the quarter on slide 4. We were off to a solid start in the first quarter of this year. We continued the diligent focus on the execution of our backlog, resulting in revenue growth and an increased operational EBITDA of 81 million euros, driven by all three business lines. This was achieved while we were operating in a volatile world in times of uncertainty. At the same time, we maintain our high voltage order backlog at 10.7 billion euros, a level we have seen since the end of 2023. Together with additional booking commitments, it continues to give us good visibility for the coming years. The stringent focus on execution of our capacity expansion programs also continued in the first quar...