Operator

Good day, and thank you for standing by. Welcome to the Scandinavian Tobacco Group Q1 2026 Results Conference Call and Webcast. [Operator Instructions] Please note that today's conference is being recorded.

I would now like to turn the conference over to your first speaker, Torben Sand, Head of Investor Relations. Please go ahead.

Torben Sand
Head of Investor Relations

Thank you. Yes, welcome to Scandinavian Tobacco Group's webcast for the third quarter 2026. My name is Torben Sand, and I'm Director of Investor Relations and External Communications. And I am, as usual, joined by our CEO, Niels Frederiksen; and our CFO, Marianne Bock. Before we start, I ask that you pay special attention to our disclaimer on forward-looking statements, which can be found on the next slide in this deck.

Please turn to Slides to #3 for today's webcast agenda. We will start the presentation by giving you a brief overview of the key highlights for the quarter and the results announcement, including a snapshot of the key financial highlights. Niels continues by turning to an update to our strategy, Focus2030, including details on the performance of our product categories before Marianne takes over to provide an update on the group and divisional financial performance. Niels will conclude the presentation by giving some insights into the expectations for the full year. After the pre-prepared presentation, we will conduct a Q&A session where we will be pleased to take any questions you might have.