W5 Solutions AB (publ) (W5) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi and welcome and thank you for joining our presentation of the Interim Report Q1 2025. My name is Hanna and I'm happy to moderate this session with you. Joining me today I have our President and CEO Evelina Hedskog who will take us through the key highlights and the financial development during the quarter. Throughout the presentation, you're more than welcome to ask your questions via the chat function as we will conclude with a Q&A at the end. Okay, I think that's it. I'll hand over to you, Evelina. Thank you, Hanna. Welcome, everyone, and especially welcome to all our new shareholders listening into this session. We have actually doubled the number of shareholders in W5 since New Year's. So again, an extra warm welcome to you. I will start this presentation by giving a brief introduction to the company and what we do. And after that, I will move into the quarterly report. So W5, our vision is to become the leading global provider of sustainable defense technology. And our mission, what we do every day is that we deliver cutting edge solutions to empower own and allied forces. We do this through our three business areas, integration, training and power. And I will get back to them a little bit later and tell you more about the products that we offer within these business areas. Our headquarters is based in Stockholm, but W5, we have locations all over Sweden, from Elmhult in the south to PTO in the north, and also in Kongsberg in Norway and Murmjärvi in Finland. So we are really a Nordic defense company, and right now with about 175 employees. Looking at the customer base, we have a mix of defense authorities like armed forces or defense procurement agencies, but also other defense industry and primarily OEMs like Saab and Thales that we sell to in that segment. ...