Q1 2025 Cdon AB Earnings Call Transcript
Hello and welcome to CDON Group's Earnings Call for the 1st quarter of this year.
Next to me, as usual, we have our CFO Carl, who will join us later on for some more digging into the numbers.
Thank You.
So, to summarize this quarter, it was a challenging start of the year. We had a weak start with a week January and February. We did a lot of operational work to turn this around during February and identified a lot of adjustments that we implemented and happily enough we saw that it yielded a good return, so we had a good ending at least of the quarter. And we just released that we also are now reviewing strategic alternatives in order to realize our business potential.
Starting with the sales, as I mentioned, very weak start of the year, both January and February were way below our expectations.
In February, we identified the problems we
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