Sinch AB (publ) (SINCH) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.120 Welcome to the Cinch Q1 report for 2025. For the first part of the conference 00:00:05.120 -- 00:00:08.045 call, the participants will be in listen-only mode. 00:00:08.045 -- 00:00:13.094 During the questions and answers session, participants are able to ask questions by dialing 00:00:13.094 -- 00:00:18.364 pound key 5 on their telephone keypad. Now I will hand the conference over to CEO 00:00:18.364 -- 00:00:23.048 Lorinda Pang and CFO Jonas Dahlberg. Please go ahead. 00:00:23.048 -- 00:00:26.281 Thanks very much. Hello, everybody. Appreciate you joining us here today. 00:00:26.281 -- 00:00:30.818 Let's quickly jump into things and move to slide two to look at the highlights for the 00:00:30.818 -- 00:00:32.515 quarter. 00:00:32.515 -- 00:00:37.903 I'm pleased to share that our first quarter results for 2025 demonstrate momentum across 00:00:37.903 -- 00:00:42.049 our key financial metrics and transformation initiatives. 00:00:42.049 -- 00:00:47.217 In Q1, we continue to deliver on our growth agenda with net sales and gross 00:00:47.217 -- 00:00:51.223 profit both increasing by 4% year over year. 00:00:51.223 -- 00:00:56.631 On an organic basis, this translates to 3% growth in net sales and 2% growth 00:00:56.631 -- 00:01:02.639 in gross profit. This marks our third consecutive quarter of organic net sales growth. 00:01:02.639 -- 00:01:07.745 We delivered organic growth and gross profit across all regions and all product categories, 00:01:07.745 -- 00:01:11.529 reflecting the improving execution in our business. 00:01:11.529 -- 00:01:16.695 Our performance metrics remain solid with a gross margin of 34% and an adjusted 00:01:16.695 -- 00:01:19.118 EBITDA margin of 13% 00:01:19.118 -- 00:01:24.826 in line with our midterm guidance ...