NKT A/S (NRKBY) Q1 2026 Earnings Call

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WEBVTT 00:00:01.280 -- 00:00:06.305 Welcome to NKT financial presentation for the first quarter 00:00:06.305 -- 00:00:08.867 of 2026. For 00:00:08.867 -- 00:00:14.953 the first part of this call, all participants will be in a listen-only mode. 00:00:14.953 -- 00:00:19.317 Afterwards, there will be a question and answer session. 00:00:19.317 -- 00:00:25.523 To ask a question, please press five star on your telephone keypad. 00:00:25.523 -- 00:00:30.712 I will now hand the call to your speaker. President and CEO Claes 00:00:30.712 -- 00:00:36.842 Westerlund and CSO Michael Young. Please begin. 00:00:36.842 -- 00:00:41.430 Good morning and welcome to this conference call following the release of our interim 00:00:41.430 -- 00:00:45.277 report for the first quarter of 2026. I'm 00:00:45.277 -- 00:00:50.606 Claes Westerlund, the CEO, and for today's call I'm happy to be joined by our new CFO 00:00:50.606 -- 00:00:55.607 Michael Young. As usual, I will begin by taking you through the key developments in 00:00:55.607 -- 00:01:00.877 the quarter, focusing on the main messages, the operational performance, commercial highlights 00:01:00.877 -- 00:01:05.506 and the market dynamics. I will then hand over to Michael for a deeper look into the 00:01:05.506 -- 00:01:06.949 financials. 00:01:06.949 -- 00:01:10.923 We will conclude with the outlook and open the line for questions. 00:01:10.923 -- 00:01:13.506 As you are aware, 2.1.2026 00:01:13.506 -- 00:01:18.030 is the first quarter where we present and comment on the business in our new business 00:01:18.030 -- 00:01:23.355 line structure, transmission, grid solutions and accessories, and distribution, which 00:01:23.355 -- 00:01:29.041 became effective from 1st of January this year to support our charging forward strategy. 00:01...