Peab AB (publ) (PEAB_B) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.537 Welcome to PEAB's presentation after our first 00:00:05.537 -- 00:00:10.183 quarterly report, which we published an hour ago. 00:00:10.183 -- 00:00:15.629 My name is Johan Hartman, and I have with me, as usual, PEAB's CEO Jesper 00:00:15.629 -- 00:00:20.494 Göransson and PEAB's CFO Niklas Winkvist, 00:00:20.494 -- 00:00:26.782 who will present the report first, and then we will open 00:00:26.782 -- 00:00:31.957 up for any questions. in your mobile devices if you want to ask a question in person. 00:00:31.957 -- 00:00:37.364 Otherwise, it is also good to write the question on the 00:00:37.364 -- 00:00:42.610 website, so I can read them later. But we will return to the instructions 00:00:42.610 -- 00:00:48.056 after Jesper and Niklas' presentation. So, go ahead Jesper, go ahead. 00:00:48.056 -- 00:00:50.379 Thank you very much, Johan, and once again welcome. 00:00:50.379 -- 00:00:54.143 We will start by talking a bit about the market, and we will look at the housing market 00:00:54.143 -- 00:00:58.576 first and foremost. I have long mentioned 00:00:59.521 -- 00:01:02.705 that it takes time before the business market recovers. 00:01:02.705 -- 00:01:08.114 I think it has stabilized at a new and low 00:01:08.114 -- 00:01:11.419 level in all three countries. 00:01:11.419 -- 00:01:16.967 Speaking of Sweden, I saw some figures from SEB that got up to 30,400 00:01:16.967 -- 00:01:22.195 in 2025. So around 30,000 businesses seem to be at the new normal 00:01:22.195 -- 00:01:25.866 level in Sweden. And 00:01:25.929 -- 00:01:30.856 the market views that we see are that it is assumed 00:01:30.856 -- 00:01:35.864 that the stock market will increase in all three countries, but from these slightly 00:01:35.864 -- 00:01:40.912 lower levels. We also...