Q1 2021 HMS Networks AB Earnings Call Transcript
Ladies and gentlemen, welcome to HMS Networks' Q1 Report for 2021. (Operator Instructions) Today, I am pleased to present Staffan Dahlstrom, CEO; and Joakim Nideborn, CFO. Please begin your meeting.
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Thank you. Good morning, everybody, Staffan Dahlstrom here. So the agenda for today is a short summary and introduction of HMS, I will take a small business update and then leave over to Joakim for a more detailed financial update, and we end the call today with a Q&A.
So just take a quick look on the financial summary for quarter 1. We are super happy. It's springtime outside, but also springtime for HMS, good growth. Net sales growth at 26% despite some headwinds on currency, but we had a fantastic order intake, growing with 41% compared to quarter 1 last year, which was a quite okay quarter for us before the pandemic hit us in 2020.
So with this, we also have a stable gross margin. We are keep on improvement
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