Annie Bersagel
Senior Vice President of Investor Relations

Good morning, and welcome to the presentation of Orkla's first quarter results. My name is Annie Bersagel, and I'm the Head of Investor Relations and Communications. So we're going to begin with a presentation from our President and CEO, Nils K. Selte, where he will give a summary of the latest developments for the quarter. After that, EVP and CFO, Arve Regland, will present some more detail on the financials as well as on the individual portfolio companies. After that, Nils will conclude with a few closing remarks before we move over to our Q&A.

So just to remind you the procedures for Q&A, we have a web Q&A form that you can send questions through at any time. But first, we're going to do a Q&A, a video Q&A with our analyst community. And after that, we'll move over to questions from the web.

So with that, I'd like to turn it over to you, Nils.

Nils Selte
President & CEO

Thank you, Annie, and good morning, everyone. I would like to start this presentation on a personal note. Orkla's Chairman, Stein Erik Hagen, passed away suddenly on May 4. Stein Erik, left his mark on Orkla through over 25 years as an active owner. He brought an entrepreneurial drive into the boardroom and was instrumental in supporting Orkla in taking calculated risk with an investor mindset. He was also strong support of Orkla's recent