HMS Networks AB (OSTO:HMS)
kr 426.4 11.8 (2.85%) Market Cap: 21.39 Bil Enterprise Value: 21.56 Bil PE Ratio: 39.55 PB Ratio: 9.68 GF Score: 96/100

Q1 2023 HMS Networks AB Earnings Call Transcript

Apr 18, 2023 / 07:00AM GMT
Release Date Price: kr454 (+10.57%)
Operator

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.

Staffan Dahlstrom;publ;Co;Founder
HMS Networks AB;CEO & President

()-- -

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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