Nobia AB Investor Update Transcript
Good morning to all of you and welcome to this investor update with Nobia. Together with our board, our main shareholders, and our lenders, we are today announcing a comprehensive program designed to strengthen Nobia's position as the number one kitchen company in the Nordics.
These initiatives will not only cement our number one position in our core market, but also lay an exceptionally strong foundation for long-term growth and success. So let me jump into the presentation with the first slide.
Again, this initiative, we will consolidate our business and our resources around our home market in the Nordics where we have a portfolio of extremely strong brands with structurally high margins and well invested production footprint centered around the state of the art manufacturing facility as we call Novia Park Union shopping.
Through the solid support and backing from our owners and lenders, we will also enhance our financial position, lowering our leverage and cut our lending costs, which again will help us
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