Q1 2025 Aspo Oyj Earnings Call Transcript
Welcome to the quarter one 2025 reporting of Aspo. I start with a bit of background, so as we communicated before, profitability generation is a top priority for us, year 2025. We want to maximize the benefits from the transactions done last year, the completed acquisitions as well as the investments done in ESL.
And we're focusing a lot on the organic growth as well as profitability improvement measures. And in parallel, we are of course working on the long-term ambition, financial ambition of EUR1 billion for 2028 and then, also the portfolio vision to split Aspo into two separate companies.
If you look at the first quarter this year, there's a couple of key highlights. Unfortunately, quite challenging market conditions, low level of industrial activity overall, low demand in Europe, these both factors affecting particularly ESL as well as Telko.
Good to see that Telko and Leipurin achieved a very strong growth if you compare to last year first quarter. And most importantly, all
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