Storskogen Group AB (publ) (STOR_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

The Storskogen Q1 presentation for 2025. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to the CEO, Krister Hansen, and CFO, Lena Glatter. Please begin your meeting. Good morning and welcome to the presentation of Storskogen's report for the first quarter of 2025. I'm Christer Ahnsson, CEO of Storskogen and with me today is Lena Glader, our CFO. This past quarter once again underlines the strength of our diversified strategy. Owning and developing small and medium-sized businesses across trade, services and industry. The breadth gives us exposure to different parts of the economy and helps balance our performance across cycles. The first quarter is however usually our softest period of the year. Still, I'm pleased to see that the positive progress across our operations has continued into the new year. Before we get into the details, let's begin with an overview of Storskogen. Storskogen is a diversified international business group with sales of 33.8 billion SEK over the last 12 months. An adjusted EBITDA of 3.2 billion SEK spread across our three business areas. Services and industry track above the 10% margin on an annual basis. We trade currently at 8.4%. Following two mergers of business units in the quarter, one in services and one in industry, we now consist of 113 business units with an average sales of about 300 million SEK. Moving on to the highlights for the first quarter. We reported sales of about 7.9 billion SEK, an adjusted EBITDA of 700 million SEK, and an adjusted EBITDA margin of 8.8% for the quarter. Over the past year, we have been focusing on three main priorities, cashflow, organic EBITDA growth, and profitability. And these rem...