Q1 2019 Dometic Group AB (publ) Earnings Call Transcript
Ladies and gentlemen, welcome to the Dometic Q1 report 2019. Today I'm pleased to present Juan Vargues, President and CEO; Per-Arne Blomquist, CFO; and Johan Lundin, Head of Investor Relations and Communications. (Operator Instructions)
Speakers, please begin.
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Good morning, everybody. This is Juan Vargues speaking. First of all, welcome to sunny Stockholm today and the presentation of Dometic's interim report for the first quarter. If you would proceed immediately with a report, I have to say that the first quarter of 2019 we proved again how our diversification strategy, increased focus on operational performance together with our capacity reaction are creating a stronger company and helped us to perform very well in a very challenging environment, primarily influenced by the inventory build-up in the RV industry and the difficult comparatives that we have since last year.
Looking at the growth side, total growth ended up at 7% excluding
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