Q1 2025 Granges AB Earnings Call Transcript

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Apr 25, 2025

Apr 25, 2025 / 08:00AM GMT
Joergen Rosengren - Granges AB - President, Chief Executive Officer

Good morning, ladies and gentlemen, and welcome to this first quarter presentation for 2025 for Granges. My name is Jorgen Rosengren. I'm Granges' President and CEO. And I'm here together with Oskar Hellstrom, our CFO; and Sara Lander Hyléen, our Vice President for Communications and Investor Relations. We'll be taking you through our presentation here first. And after that, there will be an opportunity for Q&A, which the operator will announce.

We had a good first quarter characterized by profitable growth in the turbulent environment. In particular, we're happy with the strong sales volume growth and also profit growth. The sales volume increased, as you can see here, by full 24% which was driven by new business that we've gained in Asia, but actually also market share gains in all of our three regions, quite encouraging. Our EBIT or adjusted operating profit increased 15% to a little over SEK400 million, as you can see here.

And actually, this is the best first quarter result we've recorded in our history so far

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