Q1 2025 ALM. Brand A/S Earnings Call Transcript

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May 01, 2025

May 01, 2025 / 09:00AM GMT
Operator

Good morning or good afternoon and welcome to the own brand Q1 2025 results school. (Operator Instructions)

I will now hand the floor to Rasmus Werner Nielsen to begin. So Rasmus, please go ahead, when you're ready.

Rasmus Nielsen - ALM. Brand A/S-Chief Executive Officer

Good morning, and thank you for joining us on our conference call. I'm Rasmus Werner Nielsen. As usual, I have with me today our CFO, Andreas Madsen; and the Head of our IR team, Mads Thinggaard. This morning, we published our interim report for the first quarter. And as usual, I will walk you through the operating highlights, and then Andreas will comment on the financials.

Let's now look at the highlights, and please turn to Slide 2 for some of the headlines regarding our business for the first months of the year. As mentioned before, I'm pleased with the overall financial performance in a satisfactory Q1 with sustained strong organic growth and good cost control leading to a significant drop in the expense ratio year-on-year. We reached a

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