Apr 27, 2022 / 07:30AM GMT
Unidentified Participant
Welcome to Lassila & Tikanoja's first-quarter result webcast. Today's broadcast is hosted by Lassila & Tikanoja's CEO, Eero Hautaniemi; and CFO, Valtteri Palin. There's an opportunity to ask questions at the end of the broadcast.
Eero, go ahead.
Eero Hautaniemi - Lassila & Tikanoja Oyj - President and CEO
Thank you, Inka. And welcome also on my behalf to this first-quarter earnings release.
First, few highlights. Our strategy implementation is well on track. The first-quarter conditions were challenging. Despite the challenging conditions, we had excellent sales growth actually across the businesses, with the exception of Sweden. At the same time, the higher fuel prices and especially COVID-19 affected negatively to all of our business lines. We have implemented extensive price increases and other measures that will compensate this effect on the coming quarters. Also, according to our strategy, the industrial services entered to Swedish market with the acquisition of SVB.
Let's take a closer look at the
Q1 2022 Lassila & Tikanoja Oyj Earnings Call Transcript
Apr 27, 2022
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers