QleanAir AB (publ) (QAIR) Q1 2025 Earnings Call

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WEBVTT 00:00:00.335 -- 00:00:06.700 Thank you. Welcome to the Clean Air investor presentation for Q1 2025. 00:00:06.983 -- 00:00:12.369 My name is Sebastian Lindström. I'm the CEO of Clean Air and joining me in today's call 00:00:12.369 -- 00:00:17.655 is Fredrik Sandelin, new CFO at Clean Air from 1st of April. 00:00:17.655 -- 00:00:20.819 Please Fredrik, a few words to introduce yourself. 00:00:20.819 -- 00:00:25.224 Thank you, Sebastian. My background, if I take the short version, is that I have for 00:00:25.224 -- 00:00:30.277 20 plus years been either the CFO or the CEO 00:00:30.277 -- 00:00:35.024 of predominantly listed companies. For example, I've been finance director for Autos, 00:00:35.024 -- 00:00:39.610 I've been CFO for Scanica Hotels, IBS and the Nero. 00:00:39.610 -- 00:00:43.435 And now I'm glad to be here and look forward to meeting you all. 00:00:43.435 -- 00:00:46.860 So I'm very excited to have Fredrik on board. 00:00:46.860 -- 00:00:51.907 I expect that given Fredrik's background, that we'll be able to accelerate our 00:00:51.907 -- 00:00:56.961 journey and faster improve our company. Fredrik and I will go through 00:00:56.961 -- 00:01:01.289 the presentation and then open up for Q&A towards the end. 00:01:01.289 -- 00:01:05.714 So let's jump straight into the numbers. 00:01:05.758 -- 00:01:11.047 So given the market conditions, especially in EMEA, we delivered 00:01:11.047 -- 00:01:16.257 a stable report. Revenue was slightly weaker than last year, but 00:01:16.257 -- 00:01:21.359 stable gross margins. We delivered 116 million in sales, 00:01:21.359 -- 00:01:23.243 which was 2.5% 00:01:23.243 -- 00:01:28.412 behind last year. Currency adjusted 3.2% behind last year. 00:01:28.412 -- 00:01:34.480 So there was a slight tailwind in currency for the...