Thank you very much, thank you everyone for joining today in spite of the fact that it is a semi-holiday here in Sweden, at least. On my side here, I have my dear CEO, Jonas Wiström, we will take you through the results for the first quarter 2021 for Ratos. Let's move over to slide two, where you have an overview over our group and what's happened. Ratos today is a business group of 11 companies in the first quarter. After the acquisition of Vestia, we are actually 11 companies in Q2. Today we'll focus on the first quarter. All our companies is headquartered in Sweden, but they are present in more than 30 countries, more than 10,000 employees, and a total revenue of SEK 34 billion. Our last 12 months results or EBITDA has increased with 61%, in spite of the fact that we divested Bisnode, who had the biggest risk, actually, of all our previous companies in the portfolio. Bisnode, which was a large company in terms of EBITDA, was not part of Q1 this year. Let's move over to slide number three, where we have the highlights of Q1. Starting with net sales, it was down 16%, mainly due to the fact that Bisnode was divested. If we look at the organic growth, it was also negative, 2%, and the main factor for that is the COVID-19 pandemic. EBITDA for this quarter increased more than 60%, in spite of the fact that Bisnode last year in Q1 represented more than half of the EBITDA. We're actually in a very good mood here in Ratos today and proud over how well the companies has performed in this quarter. All companies except for Diab have increased their profitability, and all companies except for Diab and HENT have increased their EBITDA. Cash flow was down in a quarter that always has a low cash flow level due to mainly Plantasjen anyways. Jonas Ågrup, my CFO, will explain this in the next slide, and let's then move to slide four. Please, Jonas. Okay. Thank you, Jonas. Let's look at the leverage level. Over the last couple of years, we have focused a lot on reducing debt. That has been a focus area for us here at Ratos. We have also had a lot of focus on reducing working capital, and we have improved profit levels as you have seen. This has resulted in improved cash flow and lower leverage levels. After the divestment of Bisnode, net cash position increased in the group by roughly SEK 3 billion, and we also invested SEK 1 billion of the proceeds of the sale in Dun & Bradstreet shares. If we look at the net debt, you can see it's minus 0.6 times. We have a net cash position. Last year it was 2.7 times. EBITDA in the quarter increased 5%, or sorry, EBITDA increased 5% in the quarter. Net debt decreased by SEK 1.4 billion, of which Bisnode accounted for SEK 1.2 billion. We had a negative cash flow in the quarter, - SEK 524 million. As Jonas explained, this is mainly related to we have a seasonal effect. Plantasjen is building inventory for the season. The same goes for Oase Outdoor Goods. They are also building inventory. We had a negative cash flow in our company, HENT, the building construction company, and they had very good cash flow in the first quarter last year. We have a net cash position, as I said, cash equivalents in Ratos AB, the parent company, is SEK 2.3 billion. We have a strong balance sheet in Ratos. As I said, we have a net cash position and Ratos is well-positioned for future profitable growth. If we move to the next slide number four. Five. Four. Sorry, five. I would like to talk a little bit about centralized financing of our Ratos companies. Ratos is a business group, as we have said many times, and we are long-term in our investments, and a natural next step for us is to have the financing of the companies in the business group centrally. Going forward, parts of Ratos business group will be financed centrally from Ratos AB to begin with. We have a net cash position. We have the SEK 2.3 billion in cash in Ratos AB. We will initially fund and borrow funds to, or lend funds to the companies from the parent company. As a next step, as the requirements will increase, Ratos will be financed with funds from banks. We are actually presently negotiating with banks in order to set up a new financing facility. As a result of the centralized financing, we will achieve lower interest costs for the Ratos Group. So far, we have financed three companies in the group. It's HL Display, Diab, and LEDiL, and the total financing amount is roughly SEK 1.3 billion. Back to you, Jonas. Thank you. Let's move to slide six. As you know, during the last three years, we have been in a turnaround phase for our companies, focusing on getting the right management, focusing on a different board work than we have had before, and focused on stability and profitability rather than growth, especially not acquisitional growth. We've done structural changes, where the most important was the divestment of Bisnode which contained a big risk through their dependence of Dun & Bradstreet. Now, we feel that we have stabilized the group. We have starting to get decent profitability level. We have, as Jonas stated, a good balance sheet. Now we are ready to start off the acquisitional growth path to reach our financial target for 2025, which I will come back to. I would like to underline that organic growth and margin expansion will continue to play an important part of our work going forward to meet our financial targets. Let's move over to slide seven, which gives a picture of some M&A activities taking place in the first quarter. We have exited Bisnode also formerly, I think it was 9th of January. Bisnode Belgium was never acquired by Dun & Bradstreet, this small part belonged to Ratos until March 31. Then even Bisnode Belgium was divested. Everything is now completed. We had a capital gain around SEK 1.8 billion. On the acquiring side, we have, in HL Display, acquired Concept Group 4th of March, and we also signed a contract for acquiring CoolPresentation 1st of April. Now they are with us, but not in the first quarter. These two acquisitions is strengthening our market positions in U.K. and the Netherlands. HL Display will continue to consolidate this interesting market as a market leader. We also signed an agreement to acquire Vestia Construction Group. It was closed the 9th of April. It's an important acquisition because it's complementary to HENT. They run with a different business model, which we think belong to the future in construction. If we now start to look at our companies and our business areas, we're starting off with construction services and Aibel. Aibel had an EBITDA growth of 57% despite flat sales or even a little bit negative organic sales. Those of you who have followed us and Aibel have now learned that the relation between revenue and EBITDA varies depending on which phase the large projects are in. Important to say is that Aibel had a good order intake in the quarter, and the order book is now NOK 12.6 billion, whereof, and this is important, 50% of the order book is now green. Couple of years ago, Aibel was all about fossil fuel. For each quarter so far, the green share is increasing, and it's mainly wind farms and electrification that stands for that. I'm also happy to talk about airteam who had a very strong quarter with 30% organic growth, and an EBITDA increase of more than 100%. We see a good order intake in the quarter and a record high order book, which promise well for the future. HENT had a decrease in revenue and EBITDA, mainly due to COVID-19 causing problems at the construction sites in Norway especially for foreign labor. It's almost impossible to get over the borders these days due to the COVID pandemic and the tough control the Norwegian authorities have of the pandemic. The profitability level was a little bit higher than Q1 2020. Speed Group had a really good quarter where they almost tripled their EBITDA and organic growth was up 28%. In these quarterly meetings, I tend to choose a company to focus on for each business area. Let's move over to the next slide which describes Speed Group a little bit more. Well, Speed is acting on a strong underlying market. They have created a lot of trust among their main customers and more customers are knocking on the door. This has been driving the revenue increase in 2021. We believe Speed Group today is at least the number five player on the Swedish 3PL market. During the turnaround phase, we have had this focus also on Speed, who performed quite badly a couple of years ago, and the EBITDA margin has grown from almost zero up to over 10%, which I think is a very good profitability level for this sector. They are now in a position also to drive the consolidation in the Nordic logistics market. You can see a beautiful picture here of the largest solar roof in Sweden enabling Speed to move towards CO2 neutrality by 2025. We hope that the sun will continue to shine on the West Coast like in the picture. With that, we move over to consumer, starting up with KVD. Bisnode is no longer with us. KVD actually had a slow start of the quarter with low inflow of cars, but ended up very strong resulting in organic growth of 10% and an EBITDA that was up 71%. Jumping over Oase f or a moment, I will instead continue with Plantasjen that had an organic growth of 21% in the quarter. That was in spite of the fact that 38 stores in Norway, due to the pandemic, was closed down for the second half of March. This, we believe took out approximately 20% of the revenue for the quarter. The first quarter for Plantasjen has always been loss-making, but this quarter, the loss was actually reduced with more than 40% due to better sales, better gross margins, and more efficient logistics. All in all, another strong quarter for Plantasjen. Now coming back to Oase Outdoors. They increased their EBITDA with 84%, and sales in local currency was up 10%, organic -2%. Delays and increased costs from transports, especially from Asia, affected their EBITDA to grow even more. The order book was record high when coming into this year, and it's even stronger going into the next quarter. Let's take a little bit deeper look on slide seven on Oase. The addressable European market, we believe, is over EUR 1 billion and it has grown and it's expected to continue to grow through the green and recreational trends being boosted, of course, of the pandemic. They have a leading product portfolio. They have a good, strong international sales channel. The most important markets are U.K. and Germany, accounting for some 40% of the total market. The EBITDA for the quarter, but also for the last 12 months has increased quite a lot thanks to better product mix, lower cost base, resulting in these higher gross margins. We also have a very dedicated and strong management team also in Oase Outdoors. We move slide again and coming into industry. Another good quarter for industry, starting up with Diab that actually showed substantially lower EBITDA in Q1 than last year's Q1. Sales was affected from subsidies ended in China and U.S. by the end of 2020. Everyone was rushing in China to get the power plants up before New Year, there was kind of small wake-up. Do you say that in English? Hope so. This has had an effect on the wind sales, and I think it will have some effect also in Q2, and we will see market coming back during the second half of the year. However, the lower sales volumes in wind was partly compensated by increased demand in the marine and industry segment. The EBITDA hit was mainly affected by upstart of a lot of new production facilities and the fact that our U.S. production in Texas was stopped for half a month during the extreme weather in March, resulting we were out electricity and had other problems. Also currency affected one third of the reduced EBITDA. Jumping over HL for a few minutes, and move to LEDiL instead. That performed a very solid and strong quarter. Organic growth 12%, EBITDA up 39%. EBITDA driven back, of course, higher sales, but also product mix, lower OpEx, high operational efficiency, and the order intake was actually record high in the quarter. We hope and do believe that the Diab now is back on track, even though there is a few dark clouds left in the sky of the pandemic. In TFS, sales dropped by 50%, solely due to the pandemic, making it very difficult to perform clinical trials in hospitals. Release of provisions in successfully performed projects made the EBITDA level flat compared to last year. Now returning to HL Display. They had a very strong quarter, an organic growth of 6%, EBITDA growth of 63%. The EBITDA growth was 42%, also a good number if we exclude the one-off effect for the divestment of a vacant facility in France. Looking at the numbers, one should bear in mind that Q1 last year was free from the pandemic for the first two months, and the pandemic has hit the sales in HL quite hard. EBITDA growth continues to be driven by more and more favorable product mix and further efficiency improvements. Let's take a look on HL Display on page 13. I think many of us think that this market is challenged by the online business. It is. For grocer retail, the supermarkets out in Europe selling everything from milk to TV sets, et cetera. The bulk goods are certainly coming more and more through online. The other part of the market, smaller formats that has increasing importance with fresh food, and fresh stores, they are actually growing. HL make these stores more efficient. They save labor costs, they can create differentiation, and they reduce waste, making the stores more sustainable and provide smarter solutions for store management. HL was one of the turnaround examples during the last three years. They have improved their margins from 3% to 12% during the last years. We are now in HL ready to start to grow this, we see this was already in the first quarter with the organic growth, we will also see acquisitional growth. HL is the undisputed market leader for store solutions, the acquisition journey will further consolidate this interesting market. With that, let's move to slide 14. All in all, we're very pleased with the quarter. This is the seventh quarter in a row with a substantial EBITDA increase. Every company out except one increased the profitability. Every company except two increased their EBITDA in spite of the pandemic. Revenue growth, of course, impacted by COVID-19. We have started our M&A activity. We have a very strong and further improved financial position. We feel very well positioned for profitable growth coming forward. My last slide, if we move over to slide 15, repeats our financial targets, where we are aiming to reach SEK 3 billion for the Ratos Group. To be able to do this, again, a margin expansion, operational excellence, organic growth will not be enough. We need also to make acquisitions. The acquisition market is tough. It is very high valuations. It is difficult to perform the important management meetings, et cetera. We are going to make this, but it will not be as in the slide that we will grow in acquisitions with a certain percentage each year. This is an opportunistic game, where some years we will have very fast growth and some years flat growth. That is my experience also from previously in my career with lot of acquisitional growth. With that, I would like to open up for any questions. Thank you. Thank you. If you have a question for the speakers, please press zero one on your telephone keypad. Our first question comes from the line of Mathias Lundberg from SEB. Please go ahead. Your line is open. Thank you very much, and good morning. Congratulations on a good quarter. If I may, I have a couple of questions related to operations and then a few technical ones. First off, I'm a bit curious about the state of the stores in Norway of Plantasjen. Are they still closed, or what's the outlook on that? Yeah. We still have stores closed in Norway. I think it's a lower number than it was in. The situation has improved, but we still have, I think, six stores entirely closed but also reduced areas. We can't exceed, I think it's 200 or 250 sq m in the stores. My forecast about this is as good as yours. As you know, the Norwegian authorities take the pandemic seriously, and it's up to them and their judgments on when these stores are going to open up fully. Okay. Would it then be reasonable to expect that there would be a bit of an impact on sales then, I guess? Yeah. You never know. We don't have everything open as we speak. Great. Thanks for clearing that. I wonder if there's any updates on the forward-looking business mix effect from the different segments in Diab, if there's any change to expect how that business unit will go moving forward? Well, we're not in a situation where wind power has gone out of fashion. It's the opposite. If you watch the Q4 report from Vestas, you could see that their sales was actually shrinking in their quarter. They have an outlook which is quite positive for 2021. There is a generation shift. The turbines are getting larger and larger. The wind market is here to stay, and will continue to grow, that's for sure. It's also important for Diab to explore new applications for lightweight constructions, which will be very important for electric cars, for instance, the aerospace industry, which also has been down but will come back, if not to the levels we had, it will continue to grow. One market which is important for Diab that is growing a lot is marine, the marine segment, and also part of the industry segment is growing. We are not at all worried for Diab's future journey. Q1 many things come together and EBITDA was down. Roger that. Thank you. Just a technical question. The acquisition of Vestia, will that be reported separately or in the whole system? It will be reported separately. You will be able to follow that in our Q2 report. Great. A last one. Could you perhaps walk us through a bit around the cash balance, how cash has moved during the quarters? I thought it sounded a bit good because I thought that net cash position would be a bit higher now in Q1 than what it was. Yeah. I will leave this to Jonas, but in the net cash position, the roughly SEK 1 billion for the shares in Dun & Bradstreet is not in that. I leave over to you, Jonas. Yeah. In the parent company, we have in cash now SEK 2.3 billion, as we said earlier. We have started to lend from centrally SEK 1.3 billion roughly to these companies I mentioned earlier. Without the lending activities, we would have actually a cash position in Ratos AB around maybe SEK 3.6 billion. That has a big effect on the cash flow for Ratos AB. The Ratos group leverage, which we in the future will talk more about rather than the cash position in Ratos AB, that will be quite irrelevant over time. Our financial targets, Mathias, is to have a net debt for the a leverage for the group on 1.5-2.5. Yeah. We will move in that direction, and to be honest, the sooner we can come there, the better that is. It's not a good return on the cash if it's not working. Then, of course, we have the investment in Dun & Bradstreet shares, and that amounts to roughly SEK 900 million today. That is not in cash, but it's in these shares, of course. Great. Makes sense. Thanks. That was all for me. Okay. Thank you, Mathias. Thank you. I remind you that if you want to ask a question, you will have to press zero one on your telephone keypad now. There are no further questions at this time. Please go ahead, speakers. Yeah. We've got a question online here in Swedish. The question is if Ratos going forward will finance the companies where Ratos is not owing more than 90% of the shares. Let's see here. If I start with that part of the question. Yes, LEDiL is a company where we don't own more than 90%. The answer on that is yes. We will finance companies that we are a minority shareholder in, which basically is only Aibel today where we represent 49% of the votes and 32% of the capital. We will look on each company individually, and we will do this over time. The second part of the question is what is the advantage for Ratos in relation to instead increase the equity? The answer is that we want our capital to work as there is no good interest rate on having a cash in the company. Instead of paying interest rates to banks, getting zero for our cash, we think we should let the capital work. We have no further questions. Again, I want to thank you all for attending this in spite of the fact that it's almost a holiday here in Sweden. I take the opportunity to wish you a great weekend, and looking forward to talk to you again during Q2 and our Q2 report. Thank you very much. Thank you. Bye-bye.