Polygiene Group AB (POLYG) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to this presentation of PolyGene Group's first quarter. I am Erika Bjork and I am the CEO of the group. And I am Niklas Blomstedt and I am the CD4. Yes. So I would like to summarize the quarter. I'm very happy with this result coming out from 2024 with a growth of almost 40%. We were not expecting that we can continue to grow in these high numbers. So with 18% growth I'm really confident that this year will continue to be successful as 2024. So we saw continuous growth compared to last year. And as I said, that was really, really good to see that we can continue to grow. We know that the first quarter is always a smaller quarter because of the Chinese New Year. And the period was impacted by one-time expenses that Niklas will explain later on. We also introduced new technologies, both in PolyGene and in AdMaster. And we also had some discussions around the import tariffs and the volatile currency markets that I will just talk a little bit about in the end. And then the board have proposed to pay out the dividend to the shareholders for the first time in Polydynes history. And the proposed policy is that we will pay back 40% of the results after tax. And that resulted in 0.05 SEK per share for 2024. However, the board also decided to propose an additional one-time dividend payout of 22 0.22 sec, which amount to 0.27 sec per share. And this will be decided on the AGM in two weeks. And then we've been out on the first investor road trip in Europe. It was the first part of two. And we think that this year will be a year where we will continue to approach the investors. We need to attract more shareholders. And we have planned another leg in later in August this year. If we then take a look on the Q1 financials, on a pretty high level, as Ulrika s...