Operator

Hello, and welcome to today’s webcast presentation with Rottneros. With us presenting today, we have the CEO, Per Bjurbom; and CFO, Monica Pasanen, who will be presenting the Q1 report for 2026 and answer questions during the Q&A after the presentation.

[Operator Instructions]

Please go ahead with your presentation.

Per Bjurbom
President & CEO

Thank you. Per Bjurbom is my name. I’m CEO of Rottneros since mid-March. So this is then my first quarterly presentation for the company. I would like to start with presenting some highlights for the quarter. EBITDA, minus SEK 36 million, and this is in parity with quarter 1 2025. The results is affected by lower prices and weaker dollar. What is good now in the quarter is that wood prices are coming down, and that will have a positive effect on our operations.

Of course, the environment we are living in today is filled with uncertainty and how that will affect — have affected us here under the quarter, I think it’s the same as everybody else. And it is a challenge to understand where — what is happening in the world. To mitigate the situation we’re in, we will continue to work on cost. And we have been successful on fixed costs through the — compared to previous years and have had, let’s say, a very strong fixed cost program in place. And we continue to work on cost and efficiency.

Then I’m going to do a short recap of Rottneros. And we are then driven by some trends. And here, we have 4 major trends that affects our business. Electrification of society is really important. We have a

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