Q1 2025 BHG Group AB Earnings Call Transcript

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Apr 25, 2025

Apr 25, 2025 / 08:00AM GMT
Gustaf Ohrn - BHG Group AB - Chief Executive Officer, President

Hi, and welcome. My name is Gustaf Ohrn, CEO of BHG. I'm here together with Jesper Flemme, CFO, to present our Q1 report. We will also be available after the presentation to do our best to answer your questions. Slide 2, please.

We are happy to present a strong start of the year for BHG. In the last quarter of last year, we showed a small growth after a long period of declining sales. And now in the first quarter of 2025, we report a strong organic growth of 8%, and all three business units showing growth versus previous year.

Based on our available data points, we are confident that we have taken market share during the quarter. Earnings also continued to improve, now with a sixth consecutive quarter of profitability improvements year-on-year.

This quarter, all business units show improvements in earnings. In this quarter, the first quarter of the year, which is also the smallest quarter of the year, we see a positive development in earnings, going from a small loss last year to a significant improvement and

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