Operator

Welcome to Coor's Q1 presentation for 2026. [Operator Instructions] Now I will hand the conference over to President and CEO, Ola Klingenborg; and CFO and IR Director, Daniel Warnholtz. Please go ahead.

Ola Klingenborg
President & CEO

Good morning, everyone, and welcome to Coor's Q1 report. The agenda for today, first, I will go through a short CEO update and summary of the Q1 quarter and then hand over to Daniel to go through some of the financials, then we'll summarize with key takeaways and end up with a Q&A session. You see some of the key numbers here on the right of this slide, where we have an organic growth in the quarter of 0.4%. We're happy to see an EBITA margin of 5.5%, up from previous quarters and a continued solid cash conversion.

So a short summary of the quarter, it remains a high activity in the market in all of our different geographic regions. We won a new contract with Helsingborg. We made an expansion of our contract with SAAB and extended our contract with Alleima, all of these in Sweden. In Norway, we signed a new contract with Jotun and extended our large contract with Equinor plants. There's a lot of activity in the Norwegian market. And then in Denmark, we see the effect from the earlier communicated contract losses where it affects top line primarily.

Other than that, we have an organic growth in Sweden of 4% to 5%, the same in Norway