Q1 2022 Lifco AB (publ) Earnings Call Transcript
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Thank you and good morning, everyone, and welcome to the Lifco Q1 presentation. We can start by going into Slide #2 in our investor presentation. And on a high level, we can conclude that this was another strong quarter for Lifco, driven by continued very positive development in our Demolition & Tools and Systems Solutions segments and partly offset by a slightly weaker development in the Dental field, which I will come back to in the next slide.
Then on the overall group level, we see a segment growth of 30% in the quarter, of which 14% is organic growth, acquisition contributed with 12% and we also had a positive effect from exchange rates in this quarter. On the EBITDA level, we have seen a growth of 25% in the quarter, but it actually means that we have slightly lower margins than Q1 in 2021, which was, looking back to last year, still a quarter where we had slightly lower cost levels overall following the pandemic, where we put most companies were going into more cost saving attitude
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