Q1 2019 Pandox AB Earnings Call Transcript
Good morning, ladies and gentlemen. Thank you for standing by, and welcome to today's Pandox Q1 2019 Report. (Operator Instructions) I must advise you that this conference is being recorded today, on the 26th of April 2019.
And without any further delay, I would now like to turn the conference over to your presenter today, CEO, Anders Nissen. Please go ahead, sir.
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Well, good morning, everybody, and welcome to Pandox presentation of the first quarter report of 2019. As said, my name is Anders Nissen, and with me I have Liia Nõu, our CFO; and Anders Berg, Head of Communication and Investor Relation.
And as always, the presentation will be divided into 2 parts. We start with the presentation for the report and followed by Q&A session. So please go to Page 2.
So for the first quarter, we at Pandox report a sustained profit growth and a good return on equity. The total net operating income increased by 14% including IFRS 16 and 11%
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