Q1 2022 Midsona AB Earnings Call Transcript
Thank you so much and thank you all for attending this call. We can move to page number two. And before we start the presentation, I want to make you aware that this presentation may contain certain forward-looking statements, and there is risk and uncertainty associated with those statements, especially in the turbulent times that we're facing currently and kind of review and risk and opportunity as we refer to the recently published annual report.
And with that, we move into the extra presentation.
If you go to page number three, which is the summary page. And although results, as expected, were behind last year, we still think that we have done some good progress in the quarter. The first round of price increases, which we talked about already in the Q4 call has been fully implemented and also somewhat ahead of time, most of it beginning March and all of it by April.
That said, then came the war in Ukraine. And we see also a new round of cost inflation, which means that we have already initiated a second round of price
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