Scandinavian Tobacco Group (SNDVF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the Scandinavian Tobacco Group conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 1, 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1, 1 again. If you wish to ask a question via the webcast, please use the Q&A box available on the webcast link anytime during the conference. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Torben Sand. Please go ahead. Thank you. Good morning and welcome to the Scandinavian Tobacco Group's webcast for the first quarter results 2025. My name is Seth Torben Sand and I am Director of Investor Relations and External Communications and I am joined by our CEO, Niels Fredriksen, and our CFO, Marianne Roslug-Bock. Now, please turn to slide number three for today's webcast agenda. Nils will start the presentation by giving you a brief background on the adjusted financial expectations for 2025 that we communicated to the market yesterday, before turning to an overview of the highlights of the quarter and an update on our key strategic achievements. We will then switch focus to an update on development in our cold product categories. Miami will take over with an overview of the financial performance in our three reporting positions before turning the focus to key financial developments for the group, including an update on cash flow, leverage, and capital allocation. After this presentation by management, we will, of course, conduct a Q&A session where we will be...