Q1 2019 Nel ASA Earnings Call Transcript
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Okay. Welcome, everyone, to this first quarter presentation. Welcome, everyone in the room here. Nice to see you. Welcome also everyone that is joining us over the web, whether you're doing it live or during the rerun. We will go through the normal presentation, but we will also take questions. So if you want to post your questions, you will have the ability to do that already now.
So the agenda for today's presentation is the following. We'll go through the first quarter highlights. We'll talk about Nel in brief. We will talk more specifically about hydrogen as an opportunity overall and some of the latest developments that we have seen. And then we will finish off with the summary and outlook before we open up for questions.
But let's start with the first quarter highlights. The top line developed pretty much in line with expectations, not as big growth as we would expected, but it takes a bit of time for orders to translate into revenue. The Fueling business developed great, saw very nice growth. But the Electrolyzer part is still
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