Profoto Holding AB (publ) (PRFO) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.939 Good morning, and welcome to Profotos Q4 in year-end telco. 00:00:05.939 -- 00:00:09.685 My name is Amanda Åström, and I'm head of investor relations. 00:00:09.685 -- 00:00:15.092 Today I have with me our CEO, Anders Hedebark, and our acting CFO, Linus 00:00:15.092 -- 00:00:19.899 Malmstedt. I will start off by handing over to Anders, 00:00:19.899 -- 00:00:24.022 who will start off by giving some highlights for the quarter. 00:00:24.766 -- 00:00:28.330 Good morning, everyone. Thank you for listening in. 00:00:28.330 -- 00:00:33.726 The fourth quarter last year, sales dropped by 2% and organically 00:00:33.726 -- 00:00:35.531 3%. 00:00:35.531 -- 00:00:41.482 Our EBIT was 52 million with an EBIT margin of 26%. 00:00:41.948 -- 00:00:47.735 However, the EBIT non-adjusted was 57 million, and Linus, you will 00:00:47.735 -- 00:00:51.960 develop on that further down in the presentation. 00:00:51.960 -- 00:00:58.167 We launched fantastic products, actually, during the quarter, the D30 and the Probe B3. 00:00:58.167 -- 00:01:01.972 And now, just after our 00:01:01.972 -- 00:01:07.463 report, we are launching L1600D next week, and we're showing it on 00:01:07.463 -- 00:01:10.988 on a trade show in London 00:01:10.988 -- 00:01:14.530 from Friday and onwards. 00:01:17.818 -- 00:01:21.764 So we see great opportunities in the market. 00:01:21.764 -- 00:01:27.593 As you all know, Profoto is the premium product in lighting 00:01:27.593 -- 00:01:29.996 for still photography. 00:01:29.996 -- 00:01:35.104 And we now are trying to enter the market of cinema 00:01:35.104 -- 00:01:40.251 lighting And our first product is the L1600D that we have worked 00:01:40.251 -- 00:01:43.274 on for a couple of years. 00:01:43.274 -- 00:01:47.199 And we have more to...