Q1 2021 Alimak Group AB (publ) Earnings Call Transcript

Apr 22, 2021 / 08:00AM GMT

Release Date Price: kr105.4 (-4.46%)

Transcript

Operator

Ladies and gentlemen, welcome to the Alimak Group AB Interim Report for January to March 2021. (Operator Instructions) Today, I am pleased to present Ole Jodahl, CEO; and Bernt Ingman, CFO. Please begin your meeting.

Ole Kristian Jodahl;publ;President

Alimak Group AB;CEO & Director

()- -

Thank you, and welcome to this quarter 1, 2021 presentation. And as you heard, with me today, I have Bernt Ingman, our Interim CFO. Please turn to the next page and look at the agenda. Today's agenda is to go through the quarter 1 results of 2021. And now also where we then report for the first time our new division structure. We will also have a short update about the New Heights program and rounding off with a Q&A session.

So then turning to next page, quarterly highlights. I'm pleased to see a solid step forward in improving profitability in the quarter with good effects from the cost-saving program that we implemented last year. We are on track to deliver on the SEK 60 million targeted annual savings and then with

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