Ann-Sofie Nordh
Group Senior VP & Head of Investor Relations

Greetings, and welcome to this presentation of our first quarter results. As always, we have our CEO, Morten Wierod. And now for the first time, we meet our new CFO, Christian Nilsson. Christian, you may be new in this setting, but you've been with ABB for about 9 years as CFO of Electrification. So by no means a newbie to ABB in that matter. Great to have you here at the quarterly desk.

Christian Nilsson
Chief Financial Officer

Great to be here.

Ann-Sofie Nordh
Group Senior VP & Head of Investor Relations

I'm Ann-Sofie Nordh. I'm Head of Investor Relations. Morten and Christian will talk you through the results, presentation as per usual, and then we open up for Q&A. And without further ado, I hand over to you, Morten, to kick off the presentation.

Morten Wierod
Chief Executive Officer

Thanks, [ Ann-Si. ] And it was good to see the quarter develop pretty much according to plan. This despite the escalated situation in the Middle East. Our priority has been to support our employees directly impacted by the conflict and do our best to keep