Q1 2023 Lifco AB (publ) Earnings Call Transcript
Welcome to the Lifco Q1 presentation for 2023. (Operator Instructions) Now I will hand the conference over to CEO, Per Waldemarson. Please go ahead.
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Thank you, and good morning, everyone, and welcome to the Lifco Q1 presentation, and we can start by directly going into Page #2 in our investor presentation, where we have the overall numbers for the group in the quarter. And as you can see on this page, it's been a very good quarter basically in all dimensions. We have a net sales growth of 19%, and it consists of organic growth of about 8%, acquisitions of about 10% helping positively and then also a positive effect from exchange rate of about 4.5%. We also have a negative impact on 1 divestment that was done in 2022 of about minus 3% in those numbers.
If we go further into the numbers, we also have even stronger growth in our EBITA profits, which basically means that our margins are improving, up to 22.3% in the quarter, which basically has to do
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