Q1 2026 Fagerhult Group AB Earnings Call Transcript
So, good morning, everyone. Before we start this webcast, I would like to take a moment to address Q1 directly. Because I believe it is important that we are transparent with you, what happened and where we stand. So, the quarter came in weaker than we expected, and we take that very seriously.
The period was affected by a combination of factors Geopolitical uncertainty impacted both directly and indirectly with, for example, extended decision-making timelines in several markets. Also, the strongest Swedish krona negatively impacted net sales, and the sales mix between our business areas weighed on gross margin.
What does give us confidence is that our order backlog has increased compared with the same period last year. Underlying demand for our products and solutions remain stable, reflecting continued customer need and activity across our key markets. At the same time, we see significant differences between segment and geographies.
We have also an ongoing strategic update for the period of '26 to '29.
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