Q1 2023 Scandi Standard AB (publ) Earnings Call Transcript

May 03, 2023 / 06:30AM GMT
Operator

Hello, and welcome to today's Scandi Standard Interim Report for the First Quarter 2023. My name is Bailey, and I'll be your moderator for today's call. (Operator Instructions)

I would now like to pass the conference over to our host, Jonas Tunestål, CEO. Sir, please go ahead.

Jonas Tunestål - Scandi Standard AB(publ)-MD&CEO

Good morning, everyone, and welcome to this presentation of Scandi Standard's Results for Q1 2023. I'm Jonas Tunestål, CEO and Managing Director, of Scandi Standard. With me, I have Julia Lagerqvist, our CFO, and I'm pleased to have her by my side today to report a strong result in a challenging market.

So next slide, please. And on this slide, you can see this is another step towards full recovery. We have had 18% growth, and we have compensated for part of the inflation, and we also delivered strong export markets. So we have delivered an EBIT of SEK 93 million, and it's a strong EBIT improvement compared to last year, but still, a material

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