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Q1 2023 HMS Networks AB Earnings Call Transcript
Welcome to the HMS Networks Q1 Presentation for 2023. (Operator Instructions)
Now I will hand the conference over to CEO, Staffan Dahlstrom; and CFO, Joakim Nideborn. Please go ahead.
()-- -
Thank you. Good morning, everybody. Welcome to this Q1 update. I'm Staffan Dahlstrom. Greetings from sunny Stockholm, and Joakim is sitting down south, south part of Sweden. I hope we also have a sunshine -- at least we have sunshine in the reports.
And the agenda for today is that, I will start with a short summary for you who are new here and a small business update, and then Joakim will make a deep dive into the financial results of this quarter.
But let's start with a few highlights. We are really happy to note that we have a record level of net sales, up 49% from Q1 last year and also a little bit better than the strong Q4 we had here in ending of last year. A weaker point, but expected, is more moderate order
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