Apr 26, 2023 / 08:00AM GMT
Operator
Welcome to Dometic Q1 Report 2023. Today, I am pleased to present CEO, Juan Vargues; CFO, Stefan Fristedt; and Head of Investor Relations, Rikard Tunedal. (Operator Instructions)
Now I will hand the conference over to the speakers. Please go ahead.
Juan Vargues - Dometic Group AB(publ)-President&CEO
Good morning to all the participants, and welcome to the presentation of this first quarter -- year 2023. Let's proceed to the presentation and the highlights immediately.
So looking at the markets, very, very tough market conditions on the U.S. RV markets. We got the latest news yesterday showing a decrease on number of units from manufacturers reaching minus 54%, which makes, obviously, life a little bit complicated for this industry altogether. At the same time, we also see that the inventory levels at our distributors and dealers are high even if we perceive that they are starting to come down.
On the performance side, we also perceived very clear results of the strategic
Q1 2023 Dometic Group AB (publ) Earnings Call Transcript
Apr 26, 2023
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