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E D I T E D V E R S I O N
ELMRA.OL - Elmera Group ASA
Q1 2025 Elmera Group ASA Earnings Call
May 13, 2025 / 06:00AM GMT
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Presentation
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Good morning and welcome to our first quarter 2025 presentation. My name is Rolf Baumann, head of the Mera Group. Our CFO Hani Ngil is as usual with me and will take us through the financials. Montal, our head of investor relation, is also with us, and we'll take questions during the presentation and address them to Hanni and myself in our Q&A session.
The first quarter of 2025 was characterized by mild weather. The temperatures were above seasonal norms, and approximately 2 °C higher than in the first quarter last year. As most of electricity consumption is negatively correlated with temperature as a significant part of the energy consumption in the Nordic countries is related to heating of homes and commercial buildings.
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