Nederman Holding AB (publ) (NHOXF) Q1 2026 Earnings Call Transcript

Operator

Welcome to the Nederman Holding Q1 2026 Report Presentation, [Operator Instructions] Now I will hand the conference over to speakers CEO, Sven Kristensson; and CFO, Matthew Cusick. Please go ahead.

Sven Kristensson
President, CEO & Director

Good morning, ladies and gentlemen, and welcome to this presentation of Q1 for Nederman. Our headline has been resilient in a volatile market because it’s been an eventual quarter again. And what we can see is that we are still strengthening our position in the world although it remains very turbulent.

The first quarter, we continued to advance a position in a very volatile market. There is high activity across all divisions that all having good pipelines, less good order intake. Because we had lower orders received, although the activity picked up at the latter part of Q1 and continuing here in in April, we’ll see what that means. We are strengthening our presence in a structurally growing industry. And by that, we mean that we are entering new fields like Food, Pharma and Life Science related, et cetera, and resulting in a lower sales and EBIT or profit margin.

Matthew Cusick
Senior VP & CFO

If I move on to some of the key financials then, if we go on to — on orders received, as Sven mentioned, for the quarter as a whole, orders received were weaker than a very strong Q1 last year. It must be mentioned 3 of 4 divisions in Q1 last year — I’ll leave it at 2 or 4 divisions in Q1 last year