Q1 2026 Bergman & Beving AB Earnings Call Transcript
Key Points
- Bergman & Beving AB (FRA:BLRB) achieved a 9% increase in EBITDA, marking 26 consecutive quarters of improved profits.
- The company reported a 0.8% improvement in EBITDA margin, now at 10.7%, compared to the same period last fiscal year.
- Earnings per share improved from SEK8.2 to SEK8.5 on a rolling 12-month basis.
- The Core Solutions division saw an 11% revenue increase, with a 30% rise in EBITA, driven by both organic growth and acquisitions.
- Safety Technology division experienced a 27% revenue increase and a 29% rise in EBITA, supported by successful acquisitions and organic growth.
- Rising raw material and energy costs due to the Iran conflict have increased operational challenges.
- The Machinery and Equipment division reported a significant decline in EBITA margin from 11.6% to 4.2%, attributed to a less favorable business mix and one-off costs.
- The PPE and Utilities division experienced a revenue decline, with EBITA dropping from SEK19 million to SEK9 million, indicating ongoing performance issues.
- Organic inventory reduction has slowed, partly due to increased safety stock in response to market volatility.
- The company faces uncertainties in the underlying market, with no significant growth expected in the near term due to geopolitical tensions.
So good morning, everyone, and welcome to the presentation here of our financial report for the first quarter fiscal year '26-'27. So I'm Magnus Söderlind, and I have also Peter Schön here on the side.
Hi, everyone.
So just to give you some highlights from the quarter. On the underlying market, the key things are two, I would say. I mean, we see some effect of the Iran conflict in rising raw material costs and energy prices and also in freight costs. And that is something that we had great focus to manage during the quarter. So I would say all the companies that are affected of these kind of increases have proactively worked with price adjustments.
And on a group level, I would say we have been successful in doing so. So we don't currently see that we should have any negative effect
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