Q4 2024 Ependion AB Earnings Call Transcript

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Jan 31, 2025

Jan 31, 2025 / 12:30PM GMT
Jenny Sjoedahl - Ependion AB - President, Chief Executive Officer

Thank you very much, and welcome, everyone, to Ependion;'s Quarter 4 and Full Year Report. So with me today, as usual, I have Joakim Lauren. We are both here in Malmo today. And the agenda is same as usual. I will start by giving a general update then Joakim will dig a little bit deeper into the financial performance, and then I will conclude with concluding notes and outlook. And after that, we will open up for Q&A.

So let's get started. If we look at the fourth quarter, it came in above our expectations, with an order intake that was 20% higher than the same period last year. And the increase was actually seen across both business entities and actually also across all our focus segments. And also, the sales number came in at a stable level, but sequentially a step-up compared to the rather weak quarter 3, which was driven then mainly by Westermo.

It's good to see that the strong gross margin development that we have seen in Westermo for some time actually remains. And I do see that this gross margin level is

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