Norbit Asa (NBITF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.937 Welcome to Norbit's first quarter 2025 presentation. 00:00:04.937 -- 00:00:08.341 My name is Per-Jørgen Weisetaune. 00:00:08.341 -- 00:00:13.688 Together with me today, our CFO, Per-Christian Reppe, also will 00:00:13.688 -- 00:00:16.689 support in the presentation. 00:00:17.352 -- 00:00:22.658 It's been an eventful and positive start of the year, with plenty of opportunities 00:00:22.658 -- 00:00:27.200 to prove that we live by our core value we deliver. 00:00:27.200 -- 00:00:33.172 Strategic investments in R&D, manufacturing capacity and organization 00:00:33.172 -- 00:00:36.178 has enabled us to capitalize 00:00:36.178 -- 00:00:40.166 on the opportunities that are meant for Norbit, 00:00:40.166 -- 00:00:45.312 growing the business while also improving our margins. 00:00:45.813 -- 00:00:49.457 Right people, remain diversified, 00:00:49.457 -- 00:00:54.463 enhance opportunity radar, embrace agility, have been 00:00:54.463 -- 00:01:01.148 bullet points on over strategy blackboard always. 00:01:01.411 -- 00:01:06.356 These strategic bullet points remain just as relevant today. 00:01:06.356 -- 00:01:11.743 They are essential building blocks in our ambition to develop Norbit into a truly 00:01:11.743 -- 00:01:13.545 great company. 00:01:13.545 -- 00:01:18.782 Able to adapt to current trends, and well positioned us to take 00:01:18.782 -- 00:01:22.624 advantage of those to come. 00:01:23.308 -- 00:01:26.249 In Q1, 00:01:26.773 -- 00:01:33.259 we have delivered revenue growth compared to Q1 of 29%. 00:01:34.824 -- 00:01:36.486 The 00:01:36.486 -- 00:01:41.633 revenue increase is primarily driven by growth in oceans and product 00:01:41.633 -- 00:01:43.762 innovation and realization. 00:01:43.762 -- 00:01:45.244 The 00:01:45.244 -- 00:01...