Inwido AB (publ) Q1 2019 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst : It's Carl Ragnerstam from Nordea. So I have a couple of questions. We have earlier discussed the pricing situation in Finland and Sweden. So could you please comment on the current situation and also if you have seen any changes yet?

Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst : Pricing situation, exactly.

Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst : Also in Finland with (inaudible).

Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst : Okay great, and also the margin development year-over-year in the South looks very strong. Can you comment more specifically about what was the main margin driver behind that between Denmark, U.K. and e-Commerce?

Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst : Okay, perfect, and you mentioned that the result was driven by raw material headwinds and IT investment. What can we expect in terms of raw material impact in 2019 full year and what type of IT investment was it related to?

Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst : Okay, perfect, and the last one from me, you commented on acquisitions and so on. I mean looking at your balance sheet, it's pretty stretched and I just have the ratio (inaudible) I know that. But can we expect acquisitions in 2019 or should we rather expect a deleveraging phase?

Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst : A couple of follow-up questions on the consumer demand from me. You mentioned that your mix in the order backlog, is it only due to the industry orders falling and consumer demand stable, or have you actually seen consumer demand growing in March and also now the weeks of April that you have in your books? without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. APRIL 25, 2019 / 8:00AM, INWI.ST - Q1 2019 Inwido AB (publ) Earnings Call

Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst : And when it comes to the second quarter, do you think there is any chance that you will be able to better compensate the falling industrial demand by consumer demand compared to the first quarter? Have you seen any signals that this stable consumer demand in the first quarter could improve later on?

Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst : And then you mentioned the industry sales falling some 8% in the fourth quarter. What was the decrease in the first quarter and do you expect this to be even more in the second quarter?

Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst : And this industry figure for the whole market compared to how it affects your sales, is it in a similar range?