Q1 2023 Nederman Holding AB Earnings Call Transcript
Welcome to the Nederman Holding Q1 Presentation for 2023. (Operator Instructions) Now I will hand the conference over to CEO, Sven Kristensson; and CFO, Matthew Cusick. Please go ahead.
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Thank you very much, and good morning, and welcome to this presentation of Nederman Group Q1 2023. We can start with concluding that we had a strong beginning of the year. We had good sales growth, and we also have good orders received and it was in excess of sales, and order backlog heading into quarter 2, remains strong as it was when we headed into this first quarter.
Our efforts to increase operational efficiency has continued, and we now see some result, and we have strengthened profitability and cash flow. And I'm happy to announce actually the first -- best first quarter in the history of Nederman when it comes to sales and profit.
Having said that, there are still some challenges around the world. We could have had even better margins,
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