Vow Asa (SSHPF) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.497 Good morning, everyone, and welcome to this first quarter presentation here 00:00:05.497 -- 00:00:07.859 at WOW. 00:00:07.859 -- 00:00:10.682 This morning, I have a few people with me. 00:00:10.682 -- 00:00:14.967 So Cecilia Heckneby, our new CFO. 00:00:14.967 -- 00:00:19.652 I also, for the Q&A session, have with me Jonny and Tina, who's been with the company 00:00:19.652 -- 00:00:24.738 for a while. My name is Gunnar Pedersen. I'm the new CEO of 00:00:24.738 -- 00:00:26.738 WOW. 00:00:27.115 -- 00:00:29.739 I will start by sharing 00:00:29.739 -- 00:00:31.963 some highlights 00:00:31.963 -- 00:00:37.010 with you, and then Cecilia will take you through the financial numbers. 00:00:37.010 -- 00:00:42.519 I will come back and talk a little bit about the market and the business and how it develops, 00:00:42.519 -- 00:00:47.567 give you an update on that, and then finally some closing remarks 00:00:47.567 -- 00:00:51.630 before we open up for questions. 00:00:52.394 -- 00:00:55.482 So next up is the old disclaimer. 00:00:55.482 -- 00:01:00.548 You should probably read this later on by yourself. 00:01:01.273 -- 00:01:04.976 So moving on to the highlights. 00:01:06.743 -- 00:01:12.290 Year on year, our order backlog has nearly doubled. 00:01:13.376 -- 00:01:19.384 On the performance side, we show double digit margins. 00:01:20.052 -- 00:01:25.137 And the activity level is quite high, specifically in the cruise 00:01:25.137 -- 00:01:28.721 sector. We'll come back to more details on this. 00:01:28.721 -- 00:01:34.427 We are delivering equipment to 18 cruise vessels this year, and we are commissioning 00:01:34.427 -- 00:01:36.427 12. 00:01:38.352 -- 00:01:43.577 The pipeline, the sales pipeline in the maritime sector is strong. 00:01:43.57...