Q1 2024 Indutrade AB Earnings Call Transcript

Apr 25, 2024 / 07:30AM GMT
Operator

This call is being recorded. Your line is muted. Welcome to the Indutrade Q1 presentation for 2024. (Operator Instructions)

Now, I will hand the conference over to CEO, Bo Annvik; and CFO, Patrik Johnson. Please go ahead.

Bo Annvik - Indutrade AB - President, Chief Executive Officer, Director

Welcome and good morning on our behalf as well. We will directly go into some of the overall highlights as usual. And we have -- we gave this quarterly report the headline, stable demand in a challenging quarter. And with challenging, we refer to that Q1 in 2023 was a very strong quarter, and is now a difficult reference. We have some Easter effect and also some headwinds in certain segments. And all of this, I will obviously elaborate more on. But back to the highlights and the comments.

So there was a stable order intake, growth of plus minus 0%, in total. We're up minus 3% organically. And to comment, some of the sectors and segments, we saw good demand in the medtech area, pharmaceutical area, and also in terms of energy and the process industry.

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