Thank you. Good morning, everyone, and most welcome to this investor conference call for the fourth quarter and the full year of 2020. We go to slide two, you can see the agenda for today. I will start by giving a business overview, then Lottie will continue with the financial overview, and I will then end with a technology update and a summary and outlook. We will open up for questions. We go to slide three. The commercial highlights for the fourth quarter is that during the fourth quarter, the market has continued to sequentially recover. Our currency adjusted sales are down 6% compared to the same period 2019. The OEM sales fell by 11%, while the aftermarket remained on the same level as 2019. We have had a strong focus on the trailer and aftermarket during Q4, which has shown effect and led that we prove that we have improved our market shares in these segments. Looking ahead, we will continue to focus on the trailer market where we have a full offering and we are launching our new EBS during 2021. Growing the aftermarket in both North America and Europe is also part of our priorities 2021. Our important initiative on electrification and our electromechanical brake system is showing signs of success. Customers have strong interest in the EMB, and we have, for example, entered a new contract with the Chinese bus manufacturers on pre-series manufacturing. We now also have two global European truck manufacturers evaluating our product. If we move over to sales for group and regions and go to slide five. The sales overview for the group in Q4 is that we see a strong market recovery in the quarter, especially in EMEA. Currency adjusted sales fell by 6%, and our increased focus on trailer and aftermarket resulted in improved market share in trailer and aftermarket segments. Truck sales were down 24%, while trailer and aftermarket sales were flat compared to Q4 2019. We have experienced negative effects from the currency rate. If we move to slide six, we then have an overview of the sales for the group of 2020 full year. For the full year, we see low sales, mainly due to COVID-19. Organic sales were down by 20%, mainly due to COVID-19, but also due to a loss of a large OEM customer in the beginning of 2020 in North America. The truck sales were down 41%, trailers were down 20%. The aftermarket was more resilient and was down only 8%. Through our activities in the aftermarket, we managed to increase our aftermarket share of sales. Next slide. We move into North America. I am on slide seven. In North America, we saw a careful recovery after the COVID-19, when OEM customers increased their production in this quarter. The build rate market predictions for 2021 is now that truck will be increased by 36% and trailers by 60% compared to 2020. We have a very strong OEM market outlook for 2021. In the quarter though, our OEM revenue was down 27%. The aftermarket, which is 70% of our sales, was stable, and the volumes were in the same level as the previous year, despite COVID-19. We gained market share in the aftermarket, and we grew 7% better than peers. In the beginning of this year, we have signed an important entry-level contract with one of the largest garbage haulers in United States Next slide, we will look in Europe. Here we have good recovery in all segments for the quarter. The build rate market prediction for 2021 is that truck will increase by 14%, trailer by 16% compared to 2020. In the quarter, our OEM revenue was up 9% and the aftermarket revenue was up 4%. In terms of new technology, we have a new prototype order for Haldex electromechanical braking systems from one of the major truck OEMs. In Europe, we continue to focus on the aftermarket and trailer segments to further strengthen our position. Next slide, we look at Asia and Middle East. Here, the turnover was negatively affected by COVID-19 in the quarter. The build rate for 2021 prediction is that truck will be down by 12% and trailer will be up by 4%. For this quarter, our OEM revenue was down 23%. Although on the positive side, we have signed a commercial pre-series agreement for manufacturing of our electromechanical brake with a bus manufacturer in China. If we go to next slide, I am now on slide 10. In South America. Here, the heavy-duty vehicle production reached a record level for the fourth quarter. However, Haldex has only 4% in revenue in this region, so it's a very small region for us. The build rate prediction for 2021 is that truck will go up 24% and trailer down 10%. In the quarter, our OEM revenue was up 36% and the aftermarket was returning to normal levels, while trailer sales were at a high level for the whole year 2020. We have negative currency effects that impacted our profitability. That was the short snapshot of both global and regional sales. I will now hand over to our CFO, Lottie Saks. Thank you. We move to slide 12. The gradual improvement in sales profitability that we saw in Q3 versus Q2 continued in the fourth quarter. Gross margin improved with 3 percentage points versus fourth quarter 2019, reaching 28.6%. Positive sales mix with larger share of aftermarket, along with footprint and direct material savings, contributed to the increased profitability. Adjusted operating margin reached 7%, which is the highest profitability in a fourth quarter since 2015. We are satisfied with the financial performance given the difficult market situation still impacted by COVID-19. Short- and long-term savings program proved to be efficient. In total, costs decreased with SEK 65 million versus 2019, of which approximately half related to long-term savings and half to short-term temporary savings. In total, cost reductions implied an improvement of 6.5 percentage points in relation to sales. Our strong focus on protecting our cash flow continued and resulted in a positive cash flow for fourth quarter, amounting to SEK 123 million. Slide 13. Adjusted EBIT in Q4 was SEK 66 million, which was an improvement of 50% versus 2019. A sales drop of SEK 64 million FX adjusted or - 6% impacted trading contribution and EBIT negatively by approximately SEK 22 million. In the period, cost reductions amounted to total SEK 65 million related to footprint optimization, reduced headcount, and general savings initiatives in bonus, travel, furlough, et cetera. One-time cost of net SEK 22 million included SEK 48 million related to provision of restructuring costs for long-term savings program. In addition, the cost included legal fees for ownership structure and additional write-down of ERP systems totaling SEK 9 million. Net one-time cost also included a positive impact of cash from sale of the building in Blue Springs, amounting to SEK 35 million. Slide 14. Full-year adjusted EBIT for full year was SEK 163 million. The sales drop of a little over SEK 1 billion FX adjusted, or 20% of our total sales, impacted trading contribution and EBIT substantially. For full year, the impact from volume drop was estimated to SEK 335 million. Customer segment mix was favorable on full year basis, where aftermarket share increased from 47% - 53%. Segment mix, direct material savings, and footprint optimization program supported the strength in gross margin from 26% - 27.3%. Full year cost reductions amounted to total SEK 161 million, whereof SEK 92 million related to general savings in bonus, travel, et cetera. Cost reduction included SEK 44 million in total for footprint optimization program and SEK 25 million for cost-based adjustment program. One-time cost total net of SEK 263 million included restructuring cost of SEK 109 million and external services related to ownership structures of SEK 13 million. In addition, one-time costs include the write down of intangible assets of SEK 176 million. One-time costs also included the positive result from the property of sale of Blue Springs, as prior mentioned. Slide 15. Including the cost-based adjustment Program Two that was communicated in relation to the Q3 report, Haldex has three long-term savings running. To summarize this, annual savings of SEK 300 million, estimated non-recurring cost of approximately SEK 275 million, savings in 2020, SEK 69 million. The cost-based adjustment Program Two covers, among other things, workforce reduction of around 70 positions located across all regions and all business segments of the company. Slide 16. In addition to the long-term savings program, Haldex launched a short-term saving program to maximize the mitigation of COVID-19 impact in 2020. This included reduction of management bonus, savings in travel, consultants, et cetera. In total, the savings was SEK 92 million, which was approximately SEK 20 million more than initially expected. As this program was a short-term savings program, corresponding activities to some extent will have reverse negative effect in 2021. Slide 17. We have been talking a lot about our savings programs. I want to point out that it's our belief that these measures increase our efficiency as a company, as well as improve our margin. It's evident that actions taken have given results. Despite a challenging year with COVID-19 and lower volumes of 13% in Q4, impact of that is reduced to 3% drop in gross profit, thanks to an increase in gross margin from 26% - 29%. EBIT increased 50% and EBIT margin increased from 4% - 7% in Q4. We are satisfied with how the year ended. Slide 19. Inventory levels continued to decrease somewhat in Q4 as did inventory days. The improvement was driven by increased sales, also the result of strengthened inventory management and adjustment to new trading patterns. Working capital and number of cash conversion days substantially reduced in Q4 compared to Q2 and Q3. Slide 20. Improved profitability and lower working capital generated a strong cash during the quarter. Cash flow from operating activities was SEK 123 million in Q4. Focused activities to control our cash flow and strengthen our financial position gave result during the year. After many years of increased net debt, the level was stabilized during 2020 despite the COVID-19 situation with decreased volumes. We are very pleased how the company came together to make this happen. Thank you very much for that, Lottie. I will now go over to do a short technology update with the focus on electrification. Now I am on slide 22. Our Scalable Brake System platform is meeting the new demands on braking systems in connected, electric, and autonomous vehicles. It is a modular solution with an open architecture, which allows the OEM control system to integrate. It's also applicable on both pneumatic and electrical platforms. In the Scalable Brake System, the Electromechanical Brake is a core product. Lately, we have seen a strong electrification trend at the OEMs, and we have therefore increased our focus on the development and commercialization of our Electromechanical Braking System. Some of the key features of the Electromechanical Braking System is that it enables reduced energy consumption, and that enables increased range or reduced battery cost in electrical vehicles. We can also reduce the CO2 emissions in combustion vehicles by adding our EMB in these vehicles. Other advantages of the electromechanical brake is that it offers improved controllability, reduced braking distance, improved stability, and increased comfort. At the moment, we have a number of prototype installations together with Chinese bus manufacturers in China. As mentioned before, in Q4, we also have signed a pre-series manufacturing agreement with a Chinese bus manufacturer. In Europe, we have two test installations with two large truck OEMs. If we look at the next slide 23, you can see that the electrified vehicles is a strong emerging trend in the commercial vehicles, and it's attracting both traditional OEMs and new entrants. Electromobility is playing a key role on the road to fossil-free transport. As you've seen on the previous slide, the Haldex electromechanical brake system is well-positioned to meet the increasing demands of electronic braking systems in electrical vehicles. I will give a short summary and outlook on page 25. We are satisfied with the trends that we have presented in Q4. We have shown a strong performance in our aftermarket and trailer market segments. We have also seen a strong customer interest in our electromechanical brake system. Our cost-saving programs are implemented as planned and will give full effect during the second half of 2021. If we look at the outlook for 2021 and forward, we expect Haldex growth to be somewhat lower than the global growth rate of newly produced heavy vehicles, as global growth primarily comes from truck and trailer segments in North America. As you know, Haldex is strong in the aftermarket in North America and strong in the trailers segment in Europe. We are very pleased with Q4 and the performance of everyone working at Haldex, and we are looking positively towards 2021. With that, I close the presentation and open up for questions. Thank you. If you wish to ask a question, please press zero, one on your telephone keypad. If you wish to withdraw your question, you may do so by pressing zero, two to cancel. Our first question comes from the line of Kenneth Toll from Carnegie. Please go ahead, your line is open. Yeah, thank you. I have a number of questions. I'll take them one at a time. First, you report lower sales to OEMs in North America to truck manufacturers. Has that to do with the shift from drum to disc brakes or are there other reasons you believe? The main reason is that we lost one of the big OEM customers early in 2020, and also that during 2020 there has been a large drop in trucks in North America. Okay. Great. On these electromechanical brakes, you say that you now have two development contracts in Europe with truck manufacturers. When do you believe that this could result in commercial shipments? I know it's hard to estimate, but could it be in three years or in seven years or five years, or what would be your best guess there? Yes. My best guess is that we will see this first in Asia, in China, because here we also already have the approval from the legislation. Here we anticipate that this will happen first in bus installation. During 2020, we have seen a very strong push for electrification. I think we will see this maybe sooner than we expected before. It's very difficult to give exactly numbers of years. I think if you listen to the big OEMs records, you can strongly hear how much they push for electrical vehicles now. That is, of course, an advantage for us for having our systems in commercial vehicles. In China, you talk about this manufacturing pre-series agreement. You have worked with one Chinese bus OEM before. Is it this player that you now have a more firm agreement with, or is this an additional customer in China? We actually have a number of prototype installations with different bus manufacturers in China. This is one of them. Okay, great. Commercial shipments in China, do you think it could start already in 2021? I really wish so. Okay. Also now, we still have also the effects of the pandemic, so it is difficult now to judge how fast it will go. Okay. Sounds great. For something completely different. You spend a bit of money on legal fees to try to change the ownership structure in 2020. What is the status there of that work, and do you believe it's money well spent? We still don't have any news on that process. We are still waiting for feedback from the European Commission. Okay. I think it is relevant for our owner structure. Okay, great. You took quite a lot of extraordinary costs for restructuring and write-downs and so on in 2020, and now we see a lot of cost savings coming through. You have also done a lot of cost programs and so on. Do you believe there will be more extraordinary costs in the first half of 2020, or have you recorded the restructuring costs that you have planned? As of now, we have recorded the restructuring cost related to the program that was launched or announced in relation to the Q3 report. Of course, the program isn't executed yet, so these things might move a little bit. We provided for everything that we know at this point in time in the year-end. So far, the final program that you're working on, where savings should come in the second half, that program is developing according to plan as far as you can see? Yes. Okay, great. That's all for me. Thank you. Thank you, Kenneth. Our next question comes from the line of Mats Liss from Kepler Cheuvreux. Please go ahead. Your line is open. Yeah. Hi, thank you. A couple of questions here first as well. First, on the restructuring and the extra cost in the fourth quarter. In the financial net and the tax line, there are also some extra. Is it sort of a clean out of these cost or should we expect more to come in the coming quarters? Are you referring to write downs or the restructuring costs? The write downs in the tax line, you have. Yeah Also in the financial net, there was a currency impact that could attach upon that as well. Yeah. Obviously at the year-end, we have done the true ups and the adjustments that we see is needed. There is no items that we haven't acted upon. Yep. Thank you. I appreciate the sort of outlook there on the electrification and to see a lot of opportunities there. The R&D spend relating to this build, should we expect those to pick up or are you in a mutual cooperation with the customers there that you share the costs and that? Could you say something about that? Yes. In the development programs we have, we always have the ambition to have shared costs with our customers during the development phase. That is the strategy that we will continue to have. I don't foresee any large changes there. Regarding cost, I guess steel prices have come up a bit and so on. Do you expect to be able to pass on those to the customers? Is there any sort of time lag there that you could see an impact there in the first half of the year? Yes. As you indicate, there is a time lag between our supply contract and customer contract. We foresee that we will be pressured primarily in the second quarter due to this. Okay. You don't want to give any number of what you expect to see? No, this is an analysis that's going on a fairly detailed level. It's too early in the stage to be more specific. Some of the customers have also indicated supply chain constraints. Have you seen anything about that, or is it something that could come, or could you say something about that? Semiconductor, I guess, they are maybe not a large part of your products, but have you seen any sort of shortage of the supply of those? In Q4, we didn't have any stops in our supply chain, but it is strained, and we are putting a lot of focus on our supply chain now in order to mitigate these effects and secure deliveries to our customers. We are dependent on the raw material cost and also some of the semiconductors. We are monitoring this, and we didn't have any stops so far. Final one there. I guess they slowed down somewhat in the fourth quarter, but given the strong orders on truck and trailers, especially in the U.S., I think that you have seen a pretty good book-to-bill ratio ahead of the first half of this year. You don't present any numbers, but it seems that you are in the process of ramping up production yourselves. I would imagine so, anyway. Yes, sir. We see a strong demand, and we do see the effects of that. The truck business is picking up strongly in North America. This already started in Q4, and we'll see for how long we will keep this. Great. Just a final one there on the tax line. What guidance can you give for the full year 2021? Sorry, on? On the tax line, what kind of tax could you guide for in 2021? I think in 2021, we will look more at the level compared to the 2019 pattern. We have, during 2020, written down tax assets in the balance sheet, hitting that line. Okay. 2019, it's a good guidance. Thank you. Thank you. There are no further questions at this point. I will now hand back to the speakers. Okay. If there are no further questions, we would like to thank you all for joining this call, and we wish you a nice day. Thank you very much. Thank you.